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Name | Naz Choudhury |
Pitching | Dhamaka Events/ Flex FX Productions |
Investment Required | £200,000 |
Equity Offered | 30% |
Brief Description | A Bollywood dance company which provides a wide range of entertainment from arena shows to corporate events |
Show business ideas sometimes get investment in the Den but some prove to be all show and no business.
The East London born choreographer pitches his Bollywood dance company with panache and signs off with a flourish - a high energy performance by some of his dancers.
Duncan Bannatyne asks how much Naz would contribute to the business and is unimpressed when the young entrepreneur volunteers £50,000 for 70% to match a Dragon's £200,00 for 30%.
Peter speculates
When Theo Paphitis asks about his background the 26 year old initally sidesteps discussing his personal fortune before reluctantly revealing that he has made a cool £500,00 since leaving school, a figure that leaves James Caan begging the question where the money is now.
Theo is unconvinced he's as wealthy as he claims and declares himself out.
With her background in events management, Deborah Meaden asks about the London venues Naz hopes to book for his comapny's future performances but he stalls on commissioning rates, exposing his lack of financial nous.
The exchange proves crucial as the four remaining Dragons all quickly declare themselves out, Deborah and Duncan concluding that what Naz needs is a business partner, not an investor.
No investment.
Last updated: 14th July 2010
Other entrepreneurs from this episode:
'She impresses with the attention to detail, sales ability, and novelty of her creation'.
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