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Kyari Innovation Shark Tank India Season 2

by IndiaSuccessStories
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Kyari Innovation Shark Tank India Season 2 Got 51 Lakhs Funding in Exchange of 6% Equity by Anupam Mittal and Peyush Bansal.

Kyari Innovation Shark Tank India Season 2

Pitch no 41 with company details

Kyari Innovation

Kyari is a brand of safety gear for wildlife and adventure. Going on adventures carries a number of concerns, chief among them the potential of lack of safety due to animal attacks. People typically use a wooden stick to secure themselves when this occurs. The wooden staff might not be sufficient to keep you safe, though. For individuals looking for adventure, Kyari has developed a smart walking stick as a solution to this issue.

Founder of Kyari Innovation

Smratika and Abhay Sharma, a brother and sister team, founded the adventure and wildlife smart stick brand Kyari.

Kyari Innovation Funding Round

Company Name

Kyari Innovation

Shark Tank India Season

2

Episode No

14

Season No

2

Brand

Kyari Innovation

Idea

Adventure Safety Gadgets

Original Ask

51 Lakhs for 1% Equity

Deal

51 Lakhs for 6% Equity

Invested By:

Anupam Mittal and Peyush Bansal

At the core of Kyari Innovation's pitch was a commitment to adventure and exploration. Their safety gadgets aimed to provide peace of mind to outdoor enthusiasts, allowing them to embark on thrilling expeditions with confidence and security. By combining technology with practicality, Kyari Innovation sought to revolutionize the way adventurers approached safety in the great outdoors.

The Pitch:

Kyari Innovation entered the tank with a vision to enhance safety in outdoor adventures through their cutting-edge gadgets. Their idea was to develop innovative devices designed to protect adventurers from potential risks and emergencies, ranging from GPS trackers to safety beacons. With an original ask of 51 Lakhs for 1% equity, Kyari Innovation sought investment to accelerate product development, conduct extensive testing, and launch their gadgets into the market.

The Deal:

Kyari Innovation's pitch resonated strongly with Anupam Mittal and Peyush Bansal, who recognized the potential of their gadgets to make a meaningful impact in the adventure industry. Together, they offered a deal of 51 Lakhs for 6% equity, providing Kyari Innovation with the capital and expertise needed to bring their vision to life. This strategic partnership marked a significant milestone for Kyari Innovation, positioning them as a leader in adventure safety innovation.

Investors Behind Kyari Innovation

Anupam Mittal and Peyush Bansal: With the support of Anupam Mittal and Peyush Bansal, Kyari Innovation embarked on a journey to safeguard adventurers around the globe. The infusion of capital enabled them to refine their product offerings, conduct extensive field testing, and establish partnerships with outdoor organizations. Armed with the backing of seasoned investors, Kyari Innovation continued to push the boundaries of adventure safety, ensuring that every expedition was met with peace of mind and protection.

Conclusion:

Kyari Innovation's appearance on Shark Tank India Season 2, Episode 14 exemplified the spirit of innovation and adventure in the world of outdoor exploration. Their successful pitch and partnership with Anupam Mittal and Peyush Bansal underscored the importance of safety in adventurous pursuits and paved the way for a safer, more secure future for outdoor enthusiasts. As they continued to develop groundbreaking gadgets and technologies, Kyari Innovation stood poised to redefine adventure safety, one innovation at a time.

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