News · Education & Skilling
The startup fails to secure a deal on Shark Tank India.
By Startup Enthusiast ·
- 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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