Today, we’ll explore three more startups that pitched their business models to the Sharks and delve into the factors contributing to their successful deals. But before we delve, let's see a few key pointers:
Matri was the first startup to pitch itself. It offers a Portable, Wearable, Rechargeable Electronic Device providing relief from period pain within 10-15 minutes. Matri can be used anytime & anywhere & it has already been tested on 400+ women. It has been recorded that without Matri the level of pain is 9 whereas after Matri the level of pain reduces substantially to 2-3 levels of Pain.
The second startup featured on Shark Tank Episode 24 was Rubbabu. They are a toy manufacturer whose products are beneficial for children suffering from Attention Deficit Hyperactivity Disorder (ADHD) & Autism. Their product comes under the SNAP Category- Special Needs Adaptable Products.
The third startup that offered its products at Shark Tank was Gulabo Jaipur which is a Premium Clothing Brand inspired by Jaipur's Karigaari. It has a diverse range of products including Anarkalis, Lehengas, Co-ord Sets, Kurta sets & others.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks:
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