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Hyperlab On Shark Tank India-3: Offering Complete Solution For An Athlete

Hyperlab's mission is to make sports technology available to everyone, regardless of their status or background. To fulfil this mission, founders were seeking an offer of Rs10 lakhs for 1% equity at Rs10 Cr. valuation. Does this deal close here?

By Saroj Kumawat
New Update
Hyperlab

Hitarth Parikh is the co-founder and CEO,  Chahil Patel is co-founder and head of R&D and Harsheet Maliwal is head of software of Hyperlab.They are from Ahmdabaad, Gujarat. Hyperlab is sports technology. It is a complete solution for an Athlete. It is rapidly revolutionising the athletic training world with flagship marvel, Helios. Helios is a laser assistive device that both trains and tracks its users. It is a portable and mobile device.This laser equipped interactive training companion transforms any space into a data-driven, personal performance lab. It works with any type of sports or workout. They were seeking an offer of Rs. 10 lakhs for 1% equity and at the company valuation of Rs10 Cr.

Hyperlab Valuation, funding and Company Profile

Company 

Hyperlab 

Valuation 

INR 25 Cr. 

Founder

Hitarth Parikh and Chahil Patel, 

Headquarter 

Gandhinagar, Gujarat 

Founding Year 

2021

Business 

Sporting Goods Manufacturing

Profitability 

Undisclosed 

Got Investment 

Yes

Conclusion- Hyperlab at Shark Tank India

It was an engaging episode at Shark Tank India with all sharks: Namita Thapar, Anupam Mittal, Aman Gupta,Vineeta Singh and Amit Jain where participants successfully received offers from all five sharks and secured a deal with shark Aman Gupta and received valuable mentorship to help grow their businesses. Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.

FAQ

Who is the founder of Hyperlab?
Hitarth Parikh, Chahil Patel and Harsheet Maliwal are the founders of Hyperlab.
Did Hyperlab get investment?
Yes, Hyperlab got investment.
Where is the headquarter of Hyperlab?
Gandhinagar, Gujarat is the headquarter of Hyperlab.


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FarmDidi at Shark Tank India Season 3

Farmdidi is a platform where women are making pickles and chutneys in the traditional way in the village and earning income.  Farmdidi was seeking ₹50 lakhs for 2% equity, valuing the company at ₹25 crore. Does this deal close here?

By Saroj Kumawat
New Update
farmdidi

Shark Tank India is an Indian business series. The show is the Indian franchise of the American show Shark Tank. Several startups present their creative and innovative business ideas to a panel of judges and aim to secure funding. Judges evaluate the valuation of the business and provide funding to the startups in exchange for either ownership stakes or a specific percentage of equity in the company.  The judges also provide valuable mentorship to help these startups navigate challenges they may encounter in their startup journey.

This season, the lineup of judges for Shark Tank features:

Aman Gupta - Co-founder and CMO of Indian electronics brand boAt Lifestyle.

Vineeta Singh - CEO & Co-founder of Sugar Cosmetics.

Peyush Bansal - CEO & Co-founder of Lenskart. 

Anupam Mittal - CEO & Founder of People Group and Shadi.com.

Namita Thapar - Executive director of Emcure Pharmaceuticals.

Shark Tank - FarmDidi 

Anukrit Johari, Manjari Sharma & Asmita Ghodeshwar are founders of FarmDidi. Anukrit is from Bahadurgarh, Haryana. Manjari is from Lucknow, Uttar Pradesh. Ashmita is from Amravati, Maharashtra. 

Asmita completed her engineering degree in Computer Science from Amravati, followed by an MBA. She then gained 16 years of professional experience in the IT industry.

Manjari Sharma studied at Ramjas College, Delhi, and later studied at the Indian Institute of Management, Kolkata. She has completed projects in banking, finance, and FMCG sectors with the government. 

Anukrit studied at Delhi Technological University, New Delhi, and later at the Indian Institute of Management, Kolkata. They are seeking ₹50 lakhs for 2% equity, valuing the company at ₹25 crore.

What does FarmDidi do?

They have given a platform where women cook food at home, they already have the skill and they can earn income by using it. They are making pickles and chutneys in the traditional way of the village and earning income. 

Train village women on food business through the FarmDidi App. They visit villages to teach them how to make quality and hygienic food products. Over 1,500 Didis are associated. Over 70 Didis are Farm didis.

Farmdidi Net Worth and Valuation: 

Farmdidi  valued at Rs 10 Cr. when they presented their idea to Shark Tank India.

Company Name

Farmdidi 

Valuation

INR 10 Cr.

Networth

Undisclosed

Founder

Manjari Sharma

Headquarter

Pune, Maharshtra



Founded Year

2021

Business

Food and Beverage Services

Profitability

Undisclosed

Got Investment: 

Yes

What did the Sharks say?

Namita opted out saying that you should ask for your valuation as per your sales and your ambition and future sales.

Aman Gupta also opted out. 

Anupam Mittal also opted out saying that I will not be able to go up to the offer you have received in terms of valuation.

Peyush and Vineeta offer Rs.1 Cr. for 10% equity, valuing the company at Rs.10 Cr. 

They accepted the offer and finalised the deal with Sharks Peyush Bansal and Vineeta Singh. 

Conclusion-

It was an engaging episode where participants successfully secured a deal with Sharks Peyush Bansal & Vineeta Singh and received valuable mentorship to help grow their businesses. Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.

Read more- Nemocare Shark Tank India Season 3

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Startup Funding: Stay updated with the latest news and trends in startup funding and investment.