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Credmate Shark Tank India Season 2

by IndiaSuccessStories
written by IndiaSuccessStories 0 comment
Credmate Shark Tank India Season 2 Got No Deal from the sharks.

Credmate Shark Tank India Season 2

Pitch no 29 with company details

Credmate

Credmate has the potential to completely change how consumers obtain credit and upend the established loan sector. We are making a lot of effort to start buyer-seller and lender-borrower agreements free from fraud. Particularly when informal commitments are made without significant approval or official assurances regarding loan repayments or credit sales.

Founder of Credmate

Credmate Owner. The founders are Gaurav Sharma and Gaurav Kundra.

Credmate Funding Round

Company Name

Credmate

Shark Tank India Season

2

Episode No

10

Season No

2

Brand

Credmate

Idea

Money Management

Original Ask

50 Lakhs for 5% Equity

Deal

No Deal

Invested By:

——

At the heart of Credmate's pitch was a commitment to financial empowerment and education. Their platform was designed to help users make informed decisions about their finances, track their spending, set financial goals, and plan for the future. By leveraging technology and data analytics, Credmate aimed to provide users with the tools and resources they needed to achieve financial wellness and security.

The Pitch:

Credmate entered the tank with a mission to revolutionize the way people manage their money. Their idea centered around offering customers a user-friendly platform that provided personalized financial insights and recommendations. With an original ask of 50 Lakhs for 5% equity, Credmate sought investment to further develop their platform, enhance their technological capabilities, and expand their user base.

The Deal:

Despite presenting a compelling case for their innovative money management platform, Credmate did not secure a deal on Shark Tank India Season 2, Episode 10. However, their pitch sparked important discussions around the importance of financial literacy and empowerment, highlighting the potential for technology to play a transformative role in helping individuals take control of their financial futures.

Conclusion:

Credmate's appearance on Shark Tank India Season 2, Episode 10 exemplified the power of entrepreneurship to drive positive change in the realm of personal finance. As they continue their journey of growth and innovation, Credmate serves as a reminder of the importance of financial literacy and empowerment in helping individuals build a secure and prosperous future.

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