The newest episode of Shark Tank India 4 brings one more Campus particular. This episode had no offers regardless of some attention-grabbing pitches. The second pitcher of the day was Reyansh Juneja. His inspiration behind the enterprise is his grandfather who’s affected by Dementia. MemoTag is a tool that helps in Dementia caregiving. The options of his machine are GPS monitoring, Geo-Fencing, Fall Detection and Vocalized reminders. The AI instruments additionally assist in predicting the affected person’s well being standing via their voice. His ask is Rs 50 Lakhs for five% fairness.
The sharks start with their questions and ask him about his first startup and household background. Anupam then asks Reyansh whether or not he’s a drama pupil, as he pitches confidently with robust articulation. Reyansh reveals that he has been practising since morning for the pitch. As they dive additional into the pitch, Reyansh exhibits the packaging and prototype. Reyansh’s clarification concerning the product left all of the sharks impressed at first and so they had been eager to see how the product truly works. Vineeta asks for a demo and Reyansh refuses, he reveals that as a result of wifi points, he will not have the ability to present the demo.
Kunal then asks what is definitely working within the prototype that he has handed them and Reyansh reveals that the options are but to be added. Vineeta retains pushing that she needs to see not less than one function. Reyansh reveals that he did not deliver the applying to the tank. Anupam says, ‘Reyansh ke siva kuch nahi chal raha hai.’ Vineeta will get agitated listening to Reyansh. Kunal asks how would he launch it if issues aren’t prepared.
Whereas Reyansh talks about numbers, Anupam says that his numbers aren’t proper. Reyansh then reveals that they’re specializing in software program and never {hardware} which leaves the sharks in shock. When Kunal asks concerning the variety of transmitters the product can have, Reyansh fails to reply. Additional after understanding the branding, and the enterprise mannequin, Vineeta opts out. She says, “One of the crucial disappointing pitches in Campus particular. The truth that your product is zero, you saved making tales to cowl up your product. It makes it very troublesome for us to belief you.” Namita additionally opts out and means that he should present an precise buyer journey.
Anupam, Kunal and Ritesh additionally decide out and ask Reyansh to truly work on his enterprise.