Dacby Update | Shark Tank India Season 4
Dacby is a Gurugram-based platform for buying and selling used electronics. Gaming consoles, cameras, iPhones, VR headsets, graphics cards. Everything goes through a quality check before it ships. The founder is Ayush Chauhan, an IIT Kanpur dropout who built Dacby because he kept getting burned trying to buy second-hand gaming gear and couldn’t find a platform he trusted.
Dacby on Shark Tank India Season 4
Ayush pitched on Season 4, Episode 11. The sharks on the panel were Peyush Bansal, Anupam Mittal, Namita Thapar, Aman Gupta, and Ritesh Agarwal.
| Ask | ₹75 Lakhs for 2.2% equity |
| Valuation | ₹34.09 Crore |
| Deal | No deal |
| Season | Season 4, Episode 11 |
| Sharks Present | Peyush Bansal, Anupam Mittal, Namita Thapar, Aman Gupta, Ritesh Agarwal |
The Pitch
The core problem Ayush pitched was straightforward. Gaming consoles in India cost upwards of ₹50,000 but lose most of their value after a few months. Nobody wants to buy second-hand from a random stranger online, and nobody wants to sell at the prices offline shops offer. Dacby sits in the middle, verifies the product, and handles the transaction.
At the time of the pitch, the company was doing about 900 orders a month and pulling in ₹30 lakh in revenue. It was also losing ₹5-6 lakh every month. Ayush mentioned he had ₹4,000 left in his bank account. That line got a lot of attention after the episode aired.
There was also the backstory with the co-founders. Ayush had convinced two friends to drop out of IIT with him. They eventually wanted out, so Ayush bought their stakes for ₹20 lakh. He borrowed it, partly from his father. Before Shark Tank, Dacby had raised ₹1.2 crore in 2022, then ₹37 lakh in mid-2023, and a ₹50 lakh convertible note from Startup India later that year.
What the Sharks Said
Anupam Mittal was the first to pass. His reasoning was that the market was too small. Namita and Peyush followed. Aman Gupta went harder on Ayush, questioning the IIT dropout decision, the co-founder buyout, and how he’d managed investor money. His view was that Ayush wasn’t ready yet.
Ritesh Agarwal didn’t invest either, but he did something else. He offered Ayush ₹10 lakh personally through a fellowship program run by his family office. Not equity, just money to stabilise. Namita had pointed out during the episode that Ayush reminded her of what Ritesh looked like in his early days.
So no deal on the equity side, but Ayush left with the fellowship and a lot of public attention from the episode.
What Happened After
After the show Dacby stopped focusing on raising money and started fixing what wasn’t working. Costs came down, operations got tighter, the team stayed small at around 25 people. The focus shifted to improving how products were sourced and refurbished before resale.
Monthly revenue went from ₹30 lakh to ₹1 crore. The company also turned profitable, posting ₹8 lakh in monthly profit. Ritesh Agarwal posted about it publicly. Sony LIV reported that website traffic grew 20x immediately after the episode aired.
Dacby had also been on Forbes India’s Top 100 Startups to Watch list back in 2023, before the Shark Tank episode.
Current Status (2025-2026)
| Monthly Revenue | ₹1 Crore |
| Monthly Profit | ₹8 Lakh |
| Team Size | ~25 employees |
| Products | Gaming consoles, cameras, iPhones, VR devices, graphics cards |
| Website | dacby.com |