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str8bat on Shark Tank India: A Deep-Tech Company In Sports

str8bat founders Madhusudan Ranganathan, Gagan Daga, and Rahul Nagar appeared on Shark Tank India season 4 in episode 21 for seeking an offer of ₹ 1.5 Cr. for 1% equity at the valuation of ₹ 50Cr. How does this deal close here?

By Saroj Kumawat
New Update
str8bat

str8bat appeared in Shark Tank India Season-4  in Episode 21. Singapore -based str8bat is a deep-tech company in sports. In this, the str8bat sensor is a device that turns a regular bat into a smart bat. It's a patented technology that captures motion without a camera. Its specialties are IoT and motion sensors, cricket, sports, gaming engines, and visualization.

Madhusudan Ranganathan, Gagan Daga and Rahul Nagar are the founders of str8bat. Their dedication to quality, creativity, and customer satisfaction is at the heart of str8bat's success. At Shark Tank India, they were seeking an offer of ₹ 1.5 Cr. for 1% equity at the valuation of ₹ 50Cr.

 Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.

str8bat Valuation, Funding, and Company Profile

Company 

str8bat

Valuation 

INR 42.86  Cr.

Founder

Madhusudan Ranganathan, Gagan Daga and Rahul Nagar

Headquarters 

Singapore 

Founding Year 

2017

Industry Spectator Sports

Profitability 

Undisclosed

Got Investment 

Yes

Conclusion - str8bat Shark Tank India

It was an engaging episode at Shark Tank India - Season 4 with all sharks: Vineeta Singh,  Aman Gupta, Ritesh  Agarwal, Kunal Bahl, and Namita Thapar, where he secured a deal of ₹ 1.5 Cr. for 3.5% equity at the valuation of ₹ 42.86Cr. with sharks Aman Gupta & Namita Thapar and received valuable mentorship to help grow their business str8bat. 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.

Also read-  Best Business Ideas Under 5 Lakhs in India for 2025.