In a recent episode of Shark Tank India Season 3, on January 30, 2024, a company represented by the Tramboo brothers, sparked a significant controversy.
The brothers claimed to be the exclusive manufacturers of Kashmir willow cricket bats, a claim that has been challenged by the Cricket Bat Manufacturers Association of Kashmir (CBMAK).
Hamaad and Saad Tramboo, young college students and co-founders of Tramboo Sports, stepped into the Shark Tank with their unique Kashmir willow bats. They asked for Rs 30 lakhs for a 3% stake in their business. The Sharks, intrigued, scrutinized their proposal. Offers came in, but the brothers held their ground. They proposed a joint deal to Aman and Peyush, asking them to partner at Rs 30 lakhs for a 4% stake. After some negotiation, they struck a deal at their terms. It was a proud moment for these young entrepreneurs, marking the start of an exciting journey.
Fallout and Legal Action on Shark Tank India
The CBMAK, representing all cricket bat manufacturers in the Kashmir valley, was quick to refute the Tramboo brothers’ claim. They argued that these statements had misled the public, causing a significant drop in their members’ bat sales and tarnishing the reputation of the entire indigenous Kashmiri bat-making industry.
On February 6, 2024, the news about the legal notice sent by the Cricket Bat Manufacturers Association of Kashmir (CBMAK) to the makers of Shark Tank India season 3, Sony Pictures Networks, and Tramboo Sports Pvt Ltd started to surface.
In response to these allegations, CBMAK has taken legal action against Sony Pictures Networks and Tramboo Sports Pvt. Ltd. They have issued a detailed legal notice demanding a public apology within 15 days from both entities. Additionally, the association is seeking compensation of one hundred crores for the damages, losses, and mental agony endured by its members.
On February 7, 2024, more detailed news about the lawsuit and the CBMAK’s demands for a public apology and compensation worth Rs. 100 crore from Sony Pictures Networks and Tramboo Sports were reported.
Response from Tramboo Sports
Tramboo Sports Pvt. Ltd. has responded to the lawsuit, stating that the televised pitch was a brief excerpt from a more extended presentation, which may have led to misunderstandings. The company emphasized its commitment to fostering business development and
contributing to the local entrepreneurial ecosystem. However, there is no specific response from Sony Pictures Networks or the show “Shark Tank India” .
Larger Picture
This incident underscores the importance of accurate representation and the potential consequences of false claims. It has shed light on the intricate dynamics of the cricket bat manufacturing industry in Kashmir and serves as a reminder of the potential legal repercussions that can arise from misleading claims. As the legal proceedings progress, the cricket bat manufacturing industry is closely watching the resolution of this unexpected clash.
The controversy surrounding the claims made on Shark Tank India Season 3 has brought to light the complexities of the cricket bat manufacturing industry in Kashmir. As the legal battle unfolds, it serves as a reminder of the importance of accurate representation and the potential consequences of false claims. The industry, the show, and the viewers are all eagerly awaiting the outcome of this legal tussle.
