10 GAME-CHANGING IDEAS FROM SHARK TANK INDIA
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Livofy
Livofy, previously known as Keto India, is a leading health company in India founded by Sahil Pruthi. The company focuses on assisting individuals with health issues such as thyroid, PCOS, and diabetes by recommending dietary changes for a healthier lifestyle. With over 3,000 patients helped globally, Livofy is renowned for its exceptional consultation services that help clients achieve their health goals. Their guidance on the keto diet has led to significant benefits, including weight loss, increased energy, and better blood sugar control. Livofy made a strong impression on Shark Tank India, receiving the highest offer of INR 1.6 Crores, with four out of five sharks expressing interest, demonstrating the value of Livofy's services.
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PadCare
Led by Ajinkya Dhariya, PadCare Labs Pvt. Ltd. has developed an innovative solution for managing menstrual hygiene. PadCare's approach completes the menstrual hygiene cycle by transforming used pads into harmless, recyclable materials. Their 3-S model—Segregation, Collection, Processing, and Recycle—ensures responsible menstrual waste management. PadCare's technology has garnered global recognition and awards from organizations like the Toilet Board Coalition, Forbes India, and FICCI. Peyush Bansal, founder of LensKart, was so impressed by PadCare that he offered Ajinkya Dhariya a blank check. Eventually, Ajinkya accepted a joint investment of INR 1 crore for a 4 percent ownership stake from Peyush Bansal, Namita Thapar, Vineeta Singh, and Anupam Mittal.
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NeoMotion
NeoMotion, co-founded by Swostik Sourav Dash and associated with IIT Madras, focuses on creating game-changing products for the elderly and physically disabled. Their products, NeoFly and NeoBolt, are revolutionary. NeoFly is a personalized wheelchair designed for health, energy efficiency, portability, and style. NeoBolt, an add-on for NeoFly, transforms it into a secure, roadworthy vehicle, enabling wheelchair users to enjoy life, pursue education, and work. NeoMotion was valued at INR 100 crores when Peyush Bansal invested INR 1 crore for a 1% stake in the company.
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Revamp Moto Mitr
Co-founders Jayesh Tope, Pushkaraj Salunke, and Pritesh Mahajan introduced the Revamp Moto Mitr electric vehicle, India's first with a modular utility platform. Their presentation on Shark Tank India captivated investors with the concept of a customizable electric vehicle. The sharks offered INR 1 crore for a 1% equity stake, seeking guidance and support to enhance the brand. The investment began with Aman Gupta of Boat, who offered INR 1 crore for a 3 percent equity share. Ashneer Grover of BharatPe countered with INR 1.2 crore for a 2.5 percent stake. Gupta then teamed up with Anupam Mittal of People Group, offering INR 1 crore for a 2 percent stake. The final agreement was reached at INR 1 crore for a 1.5 percent equity share.
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Yarn Bazaar
Pratik Gadia, founder and CEO of Yarn Bazaar, pitched his vision to bring order to the chaotic textile industry. Since its inception in 2019, Yarn Bazaar has achieved a business turnover of over INR 230 crore. The startup not only buys and sells yarn but also engages with industry experts through interviews and podcasts, adding value to the textile sector. Yarn Bazaar secured a significant deal, receiving INR 1 crore from Peyush Bansal, Ashneer Grover, Anupam Mittal, and Aman Gupta.
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Smart Helmets by Altor
Team Altor, composed of recent college graduates, introduced a unique and impactful product: smart helmets. Inspired by a tragic incident involving a friend, the smart helmet is equipped with GPS and integrates with Google Maps. When connected to a smartphone via Bluetooth, it can notify the family in case of an accident. This innovative product impressed the investors, leading Namita Thapar from Emcure Pharma and Aman Gupta to invest INR 5 million for a 7 percent equity stake in the venture. This partnership marks a significant step forward for the young and creative minds behind the smart helmet.
These ideas showcase the innovative spirit and entrepreneurial talent that Shark Tank India fosters, driving growth and success across various industries. NOT A SHARK TANK BRAND BUT YOU WILL DEFINITELY LOVE OUR PRODUCTS! VISIT NOW.
[The images used in this blog post are not owned by Anime Devta, they are just for entertainment purposes]
| SHARK TANK INDIA | ALTOR | REVAMP MOTTO | PADCARE | LIVOFY | YARN BAZAAR | NEOMOTION |
~Mimansa Sharma