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News · Education & Skilling

The startup fails to secure a deal on Shark Tank India.

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Date
Company
Avishkaar
What it does
STEM education kits and coding platform
Kind
News
Amount
Rs 80 lakh for 1% equity
Sector
Education & Skilling

What they do

Avishkaar makes robotics kits, coding tools, and AI modules for children aged 5 to 15

What happened

On Shark Tank India Season 5, the founders asked Rs 80 lakh for 1% equity but all Sharks declined

Why it matters

Sharks cited too many moving parts and unclear market focus, despite India's new AI education mandate

The details

  • Avishkaar, a STEM education startup, pitched on Shark Tank India Season 5 seeking Rs 80 lakh for 1% equity.
  • The founders, Tarun Bhalla, Yogita Bhalla, and Rajeev Gaba, presented their robotics kits and coding platform.
  • Despite the ask, all Sharks declined to invest in the company.
  • Anupam Mittal said the business has too many moving parts, like robotic kits.
  • Other Sharks cited a lack of market clarity and inconsistent branding.
  • The company has trained over 10 lakh students across 30+ countries.
  • Avishkaar's projected revenue for the current year is Rs 26–27 crore, with around Rs 15 crore already achieved.

The bigger picture

  • India proposed making AI a mandatory subject from Grade 3 in the 2026–27 academic year.
  • The founders said this AI mandate could expand long-term demand for STEM education tools.
  • Despite the positive market signal, Sharks remained unconvinced about the company's focus and execution.
  • The rejection highlights challenges in the STEM education space despite growing policy support.

About the business

  • Avishkaar provides STEM education through robotics kits, including Mars Rover and Butler robots.
  • It offers AI modules and a coding platform for children.
  • The company targets children aged 5 to 15 years.
  • It operates in over 30 countries.
  • Avishkaar has trained over 10 lakh students through innovation labs and institutional partnerships.
  • Its product Tweak is a screen-free coding system using simple logic blocks.
  • Tweak features 14 learning phases and nearly one lakh combinations.
  • Tweak holds patents in five countries.
  • The company reported revenue of Rs 7.63 crore in FY23, Rs 10.36 crore in FY24, and Rs 13.36 crore in FY25.

What happens next

  • The founders plan to leverage the AI mandate in India to expand long-term demand for STEM education tools.

The deal

Type
equity

Investors

  • Anupam Mittal (declined) — Shark on Shark Tank India; cited too many moving parts in the business.
  • Other Sharks (declined) — Sharks on Shark Tank India; cited lack of market clarity and inconsistent branding.

Founders

  • Tarun Bhalla, Co-founder
  • Yogita Bhalla, Co-founder
  • Rajeev Gaba, Co-founder

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