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Season 1

Aliste Technologies Shark Tank India Season 1

by IndiaSuccessStories
written by IndiaSuccessStories 0 comment
Aliste Technologies Shark Tank India Season 1 Got No Deal from the sharks.

Aliste Technologies Shark Tank India Season 1

Pitch no 87 with company details

Aliste Technologies

Aliste Technologies is a Noida, Uttar Pradesh, India-based manufacturing firm that offers home automation solutions. It was founded in 2018. This company specializes in fully digitalizing the home. You can use this tool to digitally transform your home.

They provide a wide range of items that are helpful for home digitization. These include devices such as smart gates, motion sensors, touch panels, IR blasters, RGB controllers, CCTV cameras, and wave sensors.

Founder of Aliste Technologies

Aliste Technologies was established in 2021 by fellow VIT alumni Aakarsh Nayyar, Anant Ohri, Bhavya Kansal, Konark Gautam, Shreyansh Jain, and Udit Pandoh. The company is presently based in Bengaluru and Delhi-NCR. The business wants to make home automation more accessible to a wider audience by democratizing tech-enabled homes.

Aliste Technologies Funding Round

Company Name

Aliste Technologies

Shark Tank India Season

1

Episode No

27

Season No

1

Brand

Aliste Technologies

Idea

Automation Solutions

Original Ask

60 lakhs 5% Equity

Deal

No Deal

Invested By:

——

At the heart of Aliste Technologies' pitch was a commitment to leveraging cutting-edge technology to solve real-world problems and drive meaningful change. Their automation solutions were designed to empower businesses to automate repetitive tasks, optimize workflows, and unlock new opportunities for growth and innovation. Aliste Technologies aimed to be at the forefront of the digital transformation, helping businesses thrive in an increasingly competitive and complex world.

The Pitch:

Aliste Technologies entered the tank with a visionary proposition: to revolutionize industries with their advanced automation solutions. Their technology offerings ranged from process automation to artificial intelligence, promising to streamline operations, increase efficiency, and drive growth for businesses. With an original ask of 60 lakhs for 5% equity, Aliste Technologies sought to attract investors who shared their passion for technology and innovation.

The Deal:

Despite their compelling pitch and innovative solutions, Aliste Technologies left the tank without a deal. While the Sharks acknowledged the potential of their technology offerings, they may have had concerns about market demand, competition, or the scalability of the business. However, the experience served as a valuable learning opportunity for Aliste Technologies, providing them with insights and feedback to refine their products and strategy in the dynamic technology landscape.

Conclusion:

The journey of Aliste Technologies on Shark Tank India Season 1, Episode 27, underscores the challenges and opportunities of entrepreneurship in the technology sector. While the brand may not have secured a deal in the tank, their commitment to innovation and solving complex problems is sure to resonate with businesses seeking to stay ahead in the digital age. With valuable lessons learned from their experience on the show, Aliste Technologies is poised to continue developing solutions that drive progress and empower businesses to thrive in the digital era.

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