Shark Tank India is a reality television show & has quickly grown in popularity as one of the most-watched reality series on television. Entrepreneurs pitch their enterprises to a panel of investors in India’s version of America’s Shark Tank in order to secure funding. The pitches were picked from among 62,000 registered start-ups; 106 have yet to be covered. Around 15% of the start-ups highlighted were technological, with 7% embracing new technologies such as AI, ML, IoT, and robotics.
Let’s take a look at some of the best SharkTank start-ups that have technology at their foundation.
- THINKERBELL
Thinkerbell Labs’ product, Annie, a self-learning program for visually challenged people, raised $1.05 crore for Thinkerbell Labs. The idea for this Bangalore-based start-up came from BITS Pilani students. Annie is the world’s first self-learning Braille device for the blind, allowing students to autonomously learn to read, write, and type Braille. In addition, the companion app allows teachers to track students’ progress in real-time and provide homework. Local governments can also use the cloud platform to evaluate, compare, and remediate kids. The governments of Jharkhand, Telangana, Uttar Pradesh, and Chattisgarh, as well as Tech Mahindra Foundation and Mitsubishi Industries, are among the app’s customers.
- BOOZ SCOOTERS
Booz is a South Asian electric scooter startup that claims to be the first of its kind. Electric scooter rentals are available at corporate parks, commercial parks, residential areas, industrial areas, educational campuses, tourist attractions, public spaces, hotels, clubs, and resorts, among other places. Rutvij Dasadia, an engineer, founded the company, which was funded for half of its shares by Vineeta Singh and Ashneer Grover for a total of 40 lakhs.
- PNT SOLUTIONS
A robotics start-up situated in Mumbai PNT works on AI, ML, ROS, and IoT-based industrial projects, as well as bespoke robotics solutions. ADO is one of the company’s most popular robots. This AI-powered ad robot is a fully automated humanoid robot that can navigate autonomously, recognize faces, and make gestures just like people. The start-up received a total of Rs. 25 lakhs from Shark Tank in exchange for 25% stock and Rs. 25 lakhs in debt.
- AAS VIDYALAYA
AAS Vidyalaya, an EdTech start-up and short for any time Anywhere School, claims to be India’s first online school. By bringing the school to children who are unable to attend, AAS is overcoming the availability and accessibility of high-quality education in India. AAS Vidyalaya teaches mathematics, science, Hindi, English, social science, Sanskrit, computers, and Marathi. It also follows ICSE, NCERT, CBSE, NIOS, UP Board, MP, Bihar, Rajasthan, and Maharashtra Boards’ educational curricula. Digital and frequent examinations, report cards, instructor interactions, online courses, and parent contact are all possible with the app. The startup secured funding of 1.5 crores in exchange for a 15% stake in the company.
- ROADBOUNCE
RoadBounce is a pothole detection software with maps that aims to improve India’s riding conditions. Given India’s terrible roads and potholes, a large number of accidents occur. The technology developed by RoadBounce is a pavement monitoring platform for broad road networks that detects and alerts riders before accidents occur. The Geotagged roughness indicator, before-and-after comparison, video interface, and 100 to 200-meter resolution are among the other features. On Shark Tank, the start-up raised a total of 80 lakhs for a 20% stake in the company.
Shark Tank India has highlighted some of the most promising start-ups that are using AI and robotics to solve some of India’s most pressing problems. The government’s goal for Digital India includes funding and recognition for such businesses.
