23 February 2024
AltCo, the inaugural startup to pitch its product, is a plant-based alternative dairy & protein company. Their dairy products include Oat Milk, Almond Milk, Soy Milk & Alt Milk. While their milk products have a Shelf Life of 12 Months, on the other hand, their Flavored Milk has a Shelf Life of 6 Months. Their Plant-based protein products include Protein Powder, Ready-To-Drink beverages, Protein Bars & Energy Bars.
The second startup featured on Shark Tank was Without which is designed as an Impact first startup. Without has innovated a patent-pending technology using which they can separate Multiple Layers of Plastic (MLP) from a packet of chips which they then repurpose to produce sunglasses & other products.
Trestle Labs, the third startup, aims to offer their product KIBO which stands for Knowledge In A Box. It is a smart text-to-speech device for the specially-abled. KIBO has advanced features installed that enable it to scan an image in over 60 different languages & return its translated audio in over 100 languages. Most importantly, Trestle Labs is now associated with over 600 institutions including a setup present at Indian Parliament’s Library.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks: