27 March 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:
Nemocare, the first startup in Episode 43, offers a Patented Healthcare Device Rakshak designed for newborns. It tracks 7 vital parameters including Heart Rate, Respiratory Rate, Body Temperature & Oxygen Saturation in Real Time. The device relays vital parameters to a Nursing station via a Centralised Dashboard. Doctors can monitor data from anywhere across the world through their IoT-enabled product.
The second startup featured on Shark Tank Episode 43 was Why so Blue. It is an apparel company specializing in Vibrant Prints & Colourful Outfits. Its Unique Selling Proposition is Designs, In-House Production, and Manufacturing along with effective brand communication.
The third startup offering its products at Shark Tank was Coratia Technologies which specializes in Unmanned Underwater Robots for Inspection, Surveillance and Gathering High-end Technical Data in Deep Water Bodies. It offers two products Jalsimha that has been specifically designed for the Indian Navy and Jaladuta Service Class Robot that enables timely inspection of Underwater structures.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks: