Read to know why founders of a sports tech brand feel confident about their one-of-a-kind product and how they bagged investment on Shark Tank India Season 3.
Clockwise: Vineeta Singh, Anupam Mittal, Amit Jain, and Aman Gupta, as Sharks on Shark Tank India Season 3.
Shark Tank India Season 3 is one of the most popular business reality shows in the country. This season sees the retention of investors (popularly known as Sharks) namely Peyush Bansal, Anupam Mittal, Aman Gupta, Namita Thapar, Vineeta Singh, and Amit Jain. Not only this but the show sees the entry of new Sharks namely Deepinder Goyal, Azhar Iqubal, Ritesh Agarwal, Radhika Gupta, Ronnie Screwvala, and Varun Dua. With such a star-studded lineup of Sharks, it is obvious why the show is gaining popularity.
In the newest promo for Shark Tank India Season 3, Harsheet Maliwal, Hitarth Parikh, and Chahil Patel, the founders of Hyperlab, a sports tech brand, exude confidence in their unique product. The Hyperlab founders have developed a groundbreaking product that utilizes laser technology to enhance the health and performance of athletes worldwide. For instance, their device can measure the time it takes for a sportsperson to cover a certain distance, among other benefits.
Upon reviewing the product, the Sharks on the panel—Anupam, Vineeta, Amit, Aman, and Namita—expressed admiration. All the Sharks were eager to make an offer to the brand. While Aman and Amit were willing to meet the founders' requested price, Anupam expressed a willingness to invest crores of rupees into the brand. Vineeta also made a unique offer.
Only time will reveal which Shark's vision aligns best with the aspirations of the Hyperlab founders.
An entrepreneur captivated the Shark Tank India panel with his groundbreaking technology designed to help cancer patients prevent hair loss. The device, priced at Rs 13 lakhs, features interchangeable hair caps aimed at reducing the psychological distress often associated with chemotherapy and minimizing the risk of hair loss.
In a remarkable turn of events, Ritesh, Aman, and Namita agreed to invest the Rs 30 lakh sought by the entrepreneur in exchange for a 1.8% equity stake. The businessman expressed satisfaction with the deal, marking a successful outcome for both parties involved.