Arista Vault Shark Tank India Season 3
Arista Vault
With seven patents and six trademarks, Arista Vault is a trailblazing technology company committed to improving and simplifying human life via cutting-edge devices and smart products.
Founder of Arista Vault
Founded in 2018 by Col. Krishan Kumar Singh, Purvi Roy, and Atul Gupta. Arista Vault has become a leader in health technology and smart luxury very quickly.
Arista Vault Funding Round
Company Name | Arista Vault |
Shark Tank India Season | 3 |
Episode No | 25 |
Season No | 3 |
Brand | Arista Vault |
Idea | Hasle free travel |
Original Ask | 45 Lakhs for 1.5% equity |
Deal | 20 Lakhs for 1% equity + 25 Lakhs debt at 18% interest for 2 years. |
Invested By: | Vineeta Singh |
At the core of Arista Vault's pitch was a recognition of the pain points and challenges faced by travelers in today's fast-paced world. Their platform leveraged technology to offer personalized and convenient solutions that catered to the unique needs of each traveler. Whether it was managing luggage, booking accommodations, or arranging transportation, Arista Vault aimed to take the stress out of travel and allow travelers to focus on enjoying their journey.
The Pitch:
Arista Vault entered the tank with a bold proposition: to revolutionize the travel industry by offering hassle-free solutions for modern travelers. Their platform aimed to streamline the travel experience by providing a range of services, including luggage management, itinerary planning, and concierge assistance. With an original ask of 45 Lakhs for 1.5% equity, Arista Vault sought investment to enhance their technology platform and expand their service offerings.
The Deal:
Impressed by Arista Vault's vision and the potential of their travel platform, Anupam Mittal saw an opportunity to support a brand that was addressing a common pain point for travelers. He made a strategic offer of 20 Lakhs for 1% equity, along with an additional 25 Lakhs debt at 18% interest for 2 years, providing Arista Vault with the capital needed to further develop their technology platform and scale their operations.
Investors Behind Arista Vault
Anupam Mittal: Arista Vault enthusiastically accepted the offer from Anupam Mittal, recognizing the strategic partnership as a significant step forward in their journey to revolutionize the travel industry. With Anupam Mittal's support and expertise, Arista Vault was well-equipped to enhance their platform, attract new customers, and become a leader in the burgeoning market for hassle-free travel solutions.
Conclusion:
The success story of Arista Vault exemplifies the power of innovation and technology in transforming the travel experience. As they continue to refine their platform and expand their service offerings, Arista Vault is poised to redefine the way people travel, making it easier and more enjoyable for travelers around the world. With Anupam Mittal as a strategic partner, Arista Vault is set to soar to new heights and revolutionize the travel industry one journey at a time.