IIT-IIM Alumni Ganesh Balkrishnan Turns Down Shark Tank’s Offer, Sells His Entire Stock In 2 Days

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Swastika Dubey
Swastika Dubey
Swastika Dubey is a content writer who loves to write about trending entertainment topics, fashion, and lifestyle. She also loves to listen to classic old Hindi songs and travel to new places in her leisure time. Her writing is well researched, covering important aspects and core of the topic covering crucial points.


  • Shark Tank India Season 2 is currently being aired and streamed on the SonyLIV platform.
  • The Shark Tank India judges are Anupam Mittal, Vineeta Singh, Peyush Bansal, Namita Thapar, and Aman Gupta.
  • Alumni from IIT and IIM reject the Shark Tank offer.

Shark Tank India Season 2 nowadays is airing and available to stream on SonyLIV. The founder of Flatheads, Ganesh Balkrishnan, an alumnus of both IIT (Indian Institutes of Technology) and IIM (Indian Institutes of Management), gave one of many pitches from start-ups in various verticals so far this season that attracted everyone’s attention.

Balkrishnan is the founder of Flatheads, a company that manufactures shoes using breathable fabrics. Everyone watching Shark Tank India has been talking about him and his bravery to talk about a loss-making business on camera ever since he pitched his business. Balkrishnan presented his company as one that was losing money, which would have driven most business owners out of business. But his zeal and commitment to making the loss-making company profitable were well applauded. So much so that the whole stock of Flatheads was sold out in just two days after the episode was broadcasted. Balkrishnan posted on LinkedIn about the same and to thank the Sharks from Shark Tank India, including Anupam Mittal, Vineeta Singh, Peyush Bansal, Namita Thapar, and Aman Gupta.

His LinkedIn post read, “We’ve almost sold out our inventory in India, so pardon us if you aren’t able to find your size on www.flatheads.in. Would be amazing if you can tell your friends in the US and UAE to try our shoes.” In another post, Balkrishnan wrote, “After the Shark Tank India episode aired on Friday, there has been an unbelievable wave of compassion and support across the country. And along with that, we’ve received record traffic on our Flatheads website, all organic! I’m super excited to share that we’ve sold out our limited remaining quantity of shoes in 2 days flat! And for the first time ever, our CAC was Zero! (sharks please not

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