Shark Tank India Season 1 Episode 7 – Never gave up spirit
Every child’s born a genius( if given chance they can learn anything). Even bill gates says the way we spend our first five years of our lives , decides how rest of 80 would go like (I wish I knew this as a baby:0) well jokes apart , a lot of development takes places by the age of 6 which’s also backed by scientific research.
So for all the parent who wants to spend quantity and meaningful time with their kids doing something productive and constructive without burdening their babies here’ s Raising Superstar let’s take a sneak peak into the company.
Company Details:
Raising Superstars was founded in 2020 by Raghav Himatsingka, Stanford University alumnus and former co-founder of Truckola Technologies, and Shraddha Himatsingka, Leeds University alumna and a former parents’ consultant. During covid they worked on their idea of helping children in the age group of 0-3 years through their digital platform aka Raising Superstars
Raising Superstars is a parenting company based in the USA and in India with a mission to help every parent in the world discover and nurture their child’s fullest talents and potential. The company uses a proprietary system of 5-minutes-a-day activities to achieve its goals, and has served parents in over 150+ countries so far.
For this Raghav and Shraddha came up with prodigy cohort(comes under Raising Star) for kids of 0-3 years of age. Where daily with just five minutes of activities can significantly improve kids mental ability.
There is no screentime for the baby/toddler as it’s the parents who have to watch and learn from these videos and then carry out the activities with their child. The app comes with video instructions. Along with this Raising Superstars also provides flash cards, booter cards etc. are for the activities.
Sales:
Monthly revenue – 1crore 10 lakh
Did Raising Superstar got the deal?
Raghav and Shraddha asked for : 1crore for 2%equity
Ashneer’ s offer: 1 crore for 5% equity
Aman’s offer: 1 crore for 4% equity
Ashneer and Aman’s were interested to invest realising the potential this industry hold and hence made a joint offer: 1 crore for 4% equity which was fianlised.