19 February 2024
Let's examine three startups that pitched their products to the Sharks and analyze the factors contributing to their deal success. But first, let's review a few key points:
โข ๐๐ถ๐ณ๐ฒ๐๐ฝ๐ฎ๐ฟ๐ธ ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ถ๐ฒ๐: Lifespark Technologies, the first startup to present, has undertaken the noble initiative to offer Indiaโs first wearable mobility aid, called โWALKโ for people suffering from Parkinsonโs disease. It uses Haptic Technology which is battery powered. The device has AI-enabled features that alter the stimulation parameters based on the patient's walking pattern. Although this technology exists no similar product is available globally.
โข ๐ฅ๐ฎ๐ท๐ฎ ๐ฅ๐ฎ๐ป๐ถ ๐๐ผ๐ฎ๐ฐ๐ต๐ถ๐ป๐ด: Raja Rani Coaching, the second-featured startup, is Indiaโs fastest-growing tailoring academy. It has already trained over 70,000 students in Tailoring & aims to expand its reach through Hybrid centers. Academy offers both online & offline courses as well as live & pre-recorded lectures.
โข ๐๐ฒ๐ฐ๐ผ๐ฑ๐ฒ ๐๐ด๐ฒยฎ
: Decode Age, the third presenting startup is India's first & only longevity-focused company. It uses a 3Ps approach which consists of:
Prevent- Supplements to manage age-related symptoms
Predict- Biological Age Testing & Gut Microbiome Testing
Personalise- Tailored Protocols are designed based on unique biological data to reverse biological aging
Now, let's delve into the factors influencing these startups' success or failure in securing deals from the Sharks.