Shark Tank India Season 3: Dive into Entrepreneurial Innovation (Lifespark Technologies, Raja Rani Coaching, Decode Age)

19 February 2024

Let's examine three startups that pitched their products to the Sharks and analyze the factors contributing to their deal success. But first, let's review a few key points:

• 𝗟𝗶𝗳𝗲𝘀𝗽𝗮𝗿𝗸 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀: Lifespark Technologies, the first startup to present, has undertaken the noble initiative to offer India’s first wearable mobility aid, called ‘WALK’ for people suffering from Parkinson’s disease. It uses Haptic Technology which is battery powered. The device has AI-enabled features that alter the stimulation parameters based on the patient's walking pattern. Although this technology exists no similar product is available globally.

• 𝗥𝗮𝗷𝗮 𝗥𝗮𝗻𝗶 𝗖𝗼𝗮𝗰𝗵𝗶𝗻𝗴: Raja Rani Coaching, the second-featured startup, is India’s fastest-growing tailoring academy. It has already trained over 70,000 students in Tailoring & aims to expand its reach through Hybrid centers. Academy offers both online & offline courses as well as live & pre-recorded lectures.

• 𝗗𝗲𝗰𝗼𝗱𝗲 𝗔𝗴𝗲® : Decode Age, the third presenting startup is India's first & only longevity-focused company. It uses a 3Ps approach which consists of:

Prevent- Supplements to manage age-related symptoms
Predict- Biological Age Testing & Gut Microbiome Testing
Personalise- Tailored Protocols are designed based on unique biological data to reverse biological aging

Now, let's delve into the factors influencing these startups' success or failure in securing deals from the Sharks.