07 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:
Aroleap was the first startup that appeared in Episode 26. It offers Smart All-in-one-Mounted Home Gym Solution. Users can train on various exercises at home including Squats, Deadlift, Bench Press and Others. The machine is Slim build and occupies minimal space. Company has got a Patented Digital Weights Technology. It also enables customisable weight set to reduce the risk of injury under heavy loads.
The second startup featured on Shark Tank Episode 26 was Cosmix. Cosmix offers Superfood supplements inspired by Herbalism. They have offered over 15 products across 2 Categories namely Food Supplements & Protein Supplements. They have so far catered to over 1 Lakh Customers.
The third startup that offered its products at Shark Tank was Fabriclore which offers Tech. Enabled fabric sourcing platform for private labels. Their mission is to simplify Fabric Sourcing for Fashion Brands. Its offerings include Variety of Fabrics, Printing & Dyeing, Low Minimum Order Quantity at competitive pricing.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks:
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