Best 5 Technology & Innovative startup in Shark Tank India 3

As the waves of the startup revolution get stronger in India, many entrepreneurs with a Make in India spirit and high ambition knock on the door of Shark Tank India. The show acts as a platform for emerging entrepreneurial ideas to flourish and get investor backing. Shark Tank India has democratized the way business ideas get recognized as entrepreneurs from all walks of life present their business ideas to crack the deal for their lives.

With a blend of local solutions and global standards, this show mirrors India's business acumen. After two popular seasons, Shark Tank India 3 is back with inspiring innovative startup ideas, and here are five best tech and innovative ideas pitched this season:

AI Kavach

Pratyusha Vemuri, the creator of an AI-based tool, AI Kavach, made a strong argument that also struck a chord with the Sharks. The founder noted, India lost more than 1000 crores to pure consumer fraud last year, and the amount has only increased yearly.

With its creative ideas, the tool is at the forefront of preventing fraud and changing the digital trust landscape. AI Kavach got a deal from Aman Gupta and Peyush Bansal for INR 1 crore for 2.5% stock at a valuation of 40 crores and 2.5% advisory equity.

Kibo

Whether it is in digital, handwritten, or printed form, Kibo can read 60 different languages. For easier material access, it can also translate the same into more than 100 languages. Kibo, an AI-driven platform that allows blind and visually impaired persons to access audio information, was co-founded by Bonny Dave and Akshita Sachdeva.

In the past five years, the creators claim to have established connections with over 600 institutions and assisted over one million people in properly accessing content. Kibo secured a deal from Peyush Bansal and Ronnie Screwvala for INR 60 lakhs for 6% equity at a valuation of INR 10 crores.

Eva Scalp Cooling System

Raghuveer Surupa, the founder of Stemtech Medical Devices, developed the Eva Scalp Cooling System as a chemotherapy relief solution. During chemotherapy treatments, the technology continuously cools the scalp in an attempt to help cancer patients who are experiencing hair loss.

As they are afraid of losing their hair, Raghuveer claims that many patients even skip chemotherapy. Eva is India's first scalp cooling system designed to assist cancer patients with these negative consequences. Aman Gupta, Ritesh Agarwal, and Namita Thapar made a deal with Eva Scalp Cooling System worth INR 30 lakhs for 1.8% equity at a valuation of 16.67 crores.

Intervue

Pushpinder Singh Rautela and Rahul Arora founded Intervue. With their product Intervue, they help firms in two ways when they hire prospects. The developers of the program claimed that many well-known IT companies use it to connect with engineers on the Internet and hire them through their Intervue platform. With Intervue's creative innovation, they try to simplify the technical interview process. In Shark Tank India season 3, Aman Gupta offered Intervue INR 1.5 crores in exchange for 2% stock at a valuation of INR 75 crore.

Upliance.ai

The 'Smart Jar' is a smart cooking device from the upliance.ai company. It contains over 500 recipes and 16 cooking modes and can chop, combine, heat, saute, and steam. Mahek Mody and Mohit Sharma are the co-founders of the smart kitchen appliance company upliance.ai.

The creators began their pitch with some thought-provoking observations from every Indian home. Even though they failed to secure a deal with the Sharks, they impressed them with their idea.

Final thoughts

Shark Tank India 3 is no different from its previous editions, where it has helped many entrepreneurs and motivated many others who had innovative ideas but lacked funding. The point to consider is that this season has seen many tech startups gaining the attention of sharks with their problem-solving solutions.