An entrepreneur from Watford faced the Dragons’ Den and came out on top as he incredibly secured investment from three of the best business leaders in the country.
Jinesh Vohra, founder of Sprive, which is a free app that helps homeowners pay off their mortgages faster and save on interest, appeared on BBC hit show Dragons’ Den on February 5.
He pitched his business and was looking for £50,000 in exchange for two per cent of Sprive.
His expert pitch led to three Dragons wanting to invest the full amount. After negotiations, Jinesh agreed a deal with Peter Jones, Deborah Meaden and Touker Suleyman for the full amount in exchange for five per cent of his business.
Sprive, which was founded in 2021, offers users the chance to use everyday spending to make savings and offers prize draws where winners can win the cost of their mortgage payments.
As well as those who invested, Jinesh also pitched to Steven Bartlett and guest Dragon Gary Neville.
He told WATFORDnews: “Going into the den I felt really excited and couldn’t wait to tell people about Sprive.
“I wanted to tell the millions of people who watch the show, many of whom will have mortgages, that they could save money and reduce the length of their mortgage.
“I’m really pleased with how it went and I’m excited for the future.”
The episode can be watched on BBC iPlayer and for more information on Sprive visit www.sprive.com
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