Best tech gadgets showcased in Shark Tank India
Shark Tank India soon became a popular business reality show on Indian television. The platform is used by many tech entrepreneurs to seek investment and create a larger consumer base. In this article, we have detailed some of the best tech startups featured on the popular show.
As soon as the first season of Shark Tank India was released, it grabbed the eyeballs of the Indian audience. Shark Tank India gave one of its kind experience to the Indian audience thus creating a niche for itself. It's an Indian adaptation of a popular US Show named Shark Tank both shows share a unique concept of aspiring and experienced entrepreneurs making a pitch to receive funds for their business. Entrepreneurs from all sectors including beauty brands, health products, FMCG products, and high-tech gadgets make a pitch before a panel of judges or investors also known as Sharks with the hope of taking their ventures to a new level. Entrepreneurs have also been using this platform to promote their products or brands and reach a wider audience. The show is judged by some of the big shots of different sectors in India.
While many failed to impress the judges yet many of them made a mark at the reality-based business show. Investors or sharks show interest in early-stage startups showing high growth potential. Not only from the Sharks a few ventures like WickedGo have been able to draw investment from the likes of Bollywood celebrity Shilpa Shetty among others.
Apart from this, the show has been a favorite business platform for tech startups as well with as many as 15 percent of tech companies featuring on the show. Seven percent of them utilized emerging technologies like AI, Machine Learning, IoT, and Robotics. So, we have listed some of the tech gadgets featured in Shark Tank India: 1. RoadBounce
The bumpy roads in India are a big headache for its citizens. You get to experience such bumpy rides now and then despite a major development witnessed in the sector of infrastructure in the last few years. In such conditions, software like RoadBounce makes a lot of sense. RoadBounce works as a pothole detector with maps. Sharp curves, potholes, and steep grades are likely to cause accidents because such roads require extra caution and alertness. Mobile apps like RoadBounce are used to improve road infrastructure across the world. The real-time smart pavement monitoring technology of RoadBounce alerts the riders on large roads before any mishap or accident takes place. This app has additional features like a roughness indicator, video interface, and before-after comparison to make roads safer for everyone. These were enough to draw the attention of Shark Peyush Bansal, and thus, the startup raised a fund of Rs 80 lakhs for 20% equity. 2. Loka
The creators of India's first gamified app Loka also made headlines when they were featured on the reality-based business show. The app is an all-new and unique experience for Android and iOS users. The users can get a real-time experience of real cities and places like Connaught Place using third-party apps like Amazon, Netflix, Deliveroo, etc. Loka also marked a great initiative with the metaverse celebration of several Indian festivals at their platform when it celebrated Dussehra in October last year. Over 80000 people became a witness to this first-ever metaverse celebration. Thus, this Bengaluru-based startup also drew the attention of the Sharks for its unique app and managed the investment of Rs 14 lakhs with 24 percent equity stakes. 3. AAS Vidyalaya
This Pune-based online education platform is a great hope for those children who can't attend school physically. The Anytime Anywhere school provides recorded sessions, tests, doubt-clearing sessions, and a full syllabus that complies with several boards including CBSE, ICSE, NCERT, NIOS, Rajasthan Board, UP Board, MP, and Maharashtra, etc. The EdTech startup aims at providing quality education by reaching out to the children instead of calling them to schools. With holistic learning and guidance, this startup harbors the aim of educating 8.5 crore students who can't attend school owing to several reasons. AAS raised an investment of Rs 1.5 crore for 15 % equity. 4. Thinkerbell Lab's Annie
Annie is designed and recognized as the world's first self-learning Braille device for the visually impaired. This device is a product of a Bengaluru-based startup that took the initiative to make self-learning an easy task for the visually impaired. Anine is the brainchild of BITS Pilani students Sanskriti Dawle and Aman Srivastava. Annie contributes to the learning of blind people in a significant way and may also help in bringing down the Braille illiteracy rate throughout the world. It enables students to become independent in their reading, writing, and typing of Braille in a fun way with real-time monitoring of their performances by the teachers. This smart device got an investment of Rs 1.05 crore for its unique features at Shark Tank India. Not only this, the innovative app has many feathers in its cap. Thinkerbell Lab has partnered with many state governments for their flagship product and got the opportunity to be a guest at the Raisina Dailouges in 2022. To be precise, more than 500 Annie devices are being used in 50 smart classes spreading over 16 states. Tech Mahindra Foundation and Mitsubishi Industries are also among some of its esteemed customers.5. PNT Solutions' ADO
PNT Solutions is a Mumbai-based startup that appeared on Shark Tank India in its first season with their working robots ADO and Coro-bot. Partik Nandan Tirodkar and Ashish P Patil are the founders of the company they provide solutions in new age technologies like AI, ML, and IoT. ADO is one of the popular customized humanoid robots of the company. It can perform many human actions including walking, talking, and even understanding human emotions. It can work in public places as it can easily deal with people due to its knowledge of different languages and human emotions. At the show, the founders of PNT Solutions asked for Rs 50 lakhs for 4 percent equity but the deal was sealed at Rs 25 lakh for 25 percent equity and 25 lakh debt. 6. Aliste Technologies
A smart home is a dream of everyone in this era of technology. Thus, Aliste Technologies made head turns when its team appeared on Shark Tank India with a vision of turning every home into a digital home at affordable prices. The Noida-based startup is known for offering home automation solutions with its primary focus on reducing power consumption. CCTV cameras, smart gate solutions, and motion-sensing devices are some of the main smart appliances provided by the company at affordable rates and with a sense of climate consciousness. Touch-enabled switches that can be controlled swiftly by an application in your smartphone can also be one of the major attractions for those looking to build a digital home. The Aliste team asked for an investment of Rs 60 lakhs but no deal was finalized. Bottom Line
As a result, Shark Tank India not only became a famous platform that provides much-needed recognition to many start-ups and products but it also funded many dreams. However, many businesses could not make a deal with the Sharks yet they got a chance to promote their products at the national level platform.
