ST Ep. 18: Building India through Innovation

27 February 2024

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:

Hyperlabs, the first startup to pitch its product, is a digitized sports tech. platform to provide a complete solution for an athlete. Hyperlabs's lead product Helios is a laser-assistive portable & mobile device that both trains & tracks its users. It connects with the application through Bluetooth. It works with any type of sports or fitness workout. It records data on distance captured, direction, and time taken & analyzes the captured metrics & provides data on stamina, agility, reflexes, directional analysis & consistency.

The second startup featured on Shark Tank was Eco Biotraps which aims to provide a sustainable way to stop mosquito breeding. The plan to achieve it through adding water to biotraps & placing them outside Homes or Office. The Ingredients in Bio-trap combined with water help disrupt the mosquito's reproductive cycle.

Hoora, the third startup, is an App for booking Car Washing Services at home. It’s a noted fact that there are over 15,000 Car washing centers in India that waste over 1 Crore liters of water every day. Hoora uses Water conservation techniques & has saved over 15 Lakh liters of Water in the last 1 year. It has 1 Lakh+ App downloads.

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