ST Ep. 25: Battle of the Innovators

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:

Arista Vault was the first startup to pitch itself. It offers India’s first smart luggage. Its product ranges include Follow Me Suitcases, Arista Wallet which has a USP of connecting with its App that is capable of finding the wallet with just one tap, Fingerprint Lock Bags & others. Arits aVault has so far sold its products to over 35,000 customers.

The second startup featured on Shark Tank Episode 25 was Torhands. Torhands offers a Smart Calculator which has Added Cash In & Cash Out buttons for shopkeepers to record sales & expenses. It would also provide an option to record item-wise inventory in future versions.

The third startup that offered its products at Shark Tank was Plus which offers an easy-to-use Gold & Jewellery savings app. Users can save a customized amount each month which is then invested in RBI-regulated assets. Users can purchase Jewellery from any of the partner jewelers at a discounted price

Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks: