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00:30I did my engineering from IIT Kharagpur and I did my MBA from IIM Calcutta. I am a CFA Charter Holder.
00:36I did my engineering from IIT Delhi and I did my MBA from IIM Calcutta. I was a silver medalist in IIT Delhi and I was a rank holder in IIT Delhi and I was a rank holder in IIM Calcutta.
00:44I did my engineering from IIM Calcutta.
00:52Entrepreneurship is a luxury.
00:54I like that.
00:55One person who has a sister's wedding, doesn't have a home, has an education loan, has a father's debt, that is me by the way, he can't think of a start-up.
01:06The only difference between a survivor and a normal person is one who doesn't give in.
01:23So I was working in the company, building a building on which was a helipad.
01:37So I went and said that I can't land on this helicopter. So no one took me seriously.
01:43I think that's what turned me around. And I packed my bags and I moved to London.
02:00I worked in the company. All white people were there.
02:03A dialogue passed there. I was like, Kanika, India, aviation, it's not going to work.
02:07I said, boss, now you have to do a wrong person. Now you have to do a wrong thing.
02:12That's it.
02:16So I went to my home and I didn't want to ask my father to do a job.
02:20But the day I reached home, the next day I was diagnosed with cancer.
02:26Cancer was a big turning point for me, you know.
02:28And I always say, whatever I am today, I am because of cancer.
02:31Cancer made me believe that I am invincible.
02:36My relatives, my mother told me that I helped me.
02:40I remember I walked down the stairs and I told them that for five years I will be on the cover of Fox.
02:44I literally packed my bags and ran away from home.
02:46And I moved to Delhi.
02:48And I think that for two years, without owning a single plane, we became the largest private jet fleet in the country.
02:54I changed the whole industry.
02:57You need that constant fire of people provoking you to keep fighting.
03:00When people have really got me where they are, it is my time to give back.
03:13That's why I am trying to help me.
03:15That is why I am trying to help me.
03:16That's why I am trying to help me.
03:17I am trying to help me.
03:20Hey.
03:21Hey!
03:21Hey!
03:22Hey, boy.
03:22Hey!
03:24You could be saying my welcome.
03:25Only saying this.
03:26You said you were very well-wanty.
03:27Say it.
03:28You said you were very well-wanty.
03:29You said you were such a good-wanty.
03:31Hi Shaks, you were able to say welcome to me as well.
03:39You were very happy.
03:42Thank you Shaks, thank you.
03:44Are you talking about my relationship?
03:46I'm a poor girl.
03:49My sister asked me if you like a large cap or a small cap.
03:54I said, Uncle Ji, you'll get fit on your head.
03:58They said, no, no, you'll send me your portfolio.
04:01So, I sent you my portfolio.
04:03You!
04:04You!
04:05They stopped taking my phone.
04:07I'm not surprised.
04:09You will understand this, I won't talk to you all.
04:12I won't match off here.
04:14The category is stock market.
04:16Please welcome Multibag.ai and Sovereign.
04:28One against three, not fair.
04:37Yes.
04:38I'm Aditya, founder of Multibag.ai.
04:41Hi Shaks, I'm Apulva from Team Sovereign.
04:45I'm Aditya from Team Sovereign.
04:47Hi Shaks, I'm Akriti from Sovereign.
04:49Look, it's all Aditya.
04:52Akit, I'll put these pictures in front of you and pitch it out.
04:57You'll get equal amount of time with them.
05:00After one time, this buzzer will be made.
05:03After that, this buzzer will be made.
05:06As long as you hear the buzzer, you will have just five minutes.
05:09You'll finish their entire presentation and send them out.
05:13So, after the other video, pitch their business.
05:15After all the pitches are finished, you can make a decision that you have to invest in one, two or two, and then you have to invest in one.
05:25Toss!
05:29No one has to lose.
05:32Let's go.
05:35Sovereign wins Toss.
05:38What do you want to do?
05:39We'll go first.
05:40We'll go first.
05:41We'll go first.
05:44You have to go with me.
05:46You don't have to ask me, but I'm out.
05:48See you, Aditya.
05:54Sharks, there are 5,000 listed companies in India.
05:58And each company's data is this.
06:00About 3,000 pages.
06:03That means a total of 1,000,000 pages.
06:06Any investor, whether he's a beginner or advanced,
06:09if you want to invest in these companies' shares,
06:12then how will they discover the right stocks or analyze the right stocks?
06:17Oh, man.
06:18Sovereign, where we make so simple data.
06:23Namaste, Sharks.
06:25We are founders of Sovereign.
06:27A stock discovery, analysis, tracking, and teaching platform.
06:31Our analysts, with the help of tech,
06:34we provide all the relevant information to investing.
06:39And we've also started to promote financial literacy.
06:41We've also started to learn investing.
06:43Because we all know that in India,
06:46there are no basic financial education in India.
06:51We are fully bootstrapped and profitable from day one.
06:55On today's date,
06:57there are no big investors with Sovereign.
07:00Where is it?
07:01We want that every Indian
07:03can become financially independent,
07:04or sovereign.
07:06For this, our ask is
07:081 crore for 1% equity.
07:10Oh, wow.
07:11Sovereign.
07:12Think,
07:13learn,
07:14learn,
07:15invest.
07:16Ah, what a joke.
07:17Akhri Aditya Apoorva.
07:18Yes.
07:19Yes.
07:20Tell us something about it, please.
07:21I did my engineering from IIT Kharagpur.
07:23Wow.
07:24And I did my MBA from IIM Calcutta.
07:26Wow.
07:27I'm a CFA charter holder.
07:28That's it.
07:29How much?
07:30How much?
07:31That's the list.
07:32And then,
07:33I joined DB, Deutsche Bank.
07:34I worked in equity research for 5 years.
07:36Wow.
07:37And then,
07:38I joined Credit Suisse.
07:39At that time,
07:40I was talking about Aditya.
07:41He's my batch mate from IIM Calcutta.
07:43He told me about his idea of this,
07:45you know, platform that he was envisioning to build.
07:47And yeah,
07:48which was fascinating,
07:49exciting and very purpose driven.
07:51So, I really wanted to be a part of it.
07:53And that's how we started.
07:54Sovereign.
07:55You've written great books.
07:56I've done my engineering from IIT Delhi.
07:59And I've done my MBA from IIM Calcutta.
08:01In IIT Delhi,
08:02I was a silver medalist.
08:03And in IIM Calcutta,
08:05I was a rank holder.
08:06Then,
08:07I worked in BCG.
08:08Then,
08:09I worked in Lenskart.
08:10I was reporting to Piyush.
08:12I was a vice president there.
08:14Dude,
08:15your car is very good.
08:16But,
08:17the car is a bit better.
08:18It's very good.
08:19From BCG to Lenskart.
08:20It's very good.
08:21After that,
08:22I joined Stand The Living.
08:23I was a senior VP.
08:25I was looking at strategy there.
08:26Good.
08:27And then,
08:28we started Sovereign.
08:29In January 2003,
08:30we started Sovereign's commercial operations.
08:31Got it.
08:32And you,
08:33Apoorwa Ji,
08:34set a very high bar set.
08:35How many more IIMs you have?
08:36In your team.
08:37Yeah.
08:38I joined B.T.E.C. from IIT Delhi.
08:41What's your relationship?
08:42You're both friends.
08:43We're both friends.
08:44We're both friends.
08:45Who was the best in IIT in IIT?
08:47It was my 481 team.
08:49Okay.
08:50So,
08:51what's an idea about Sovereign?
08:52I'm also a professional investor.
08:54In the stock market,
08:55I have listed companies
08:56half to 1%.
08:58I own 0.2%
08:59at this date.
09:00Small caps.
09:01Yeah.
09:02Small caps.
09:03Small caps.
09:04How many years do you invest?
09:05I invest in 7 years.
09:06What's your IRR?
09:07It's good.
09:08It's more than 40% of the IRR.
09:09Wow.
09:10Good.
09:11I give companies their filings
09:13on the stock exchange.
09:14I discovered them a lot.
09:16So,
09:17people don't learn the filing data.
09:19And that data is a lot more.
09:20I think there are 2,000 filings.
09:22How many of you have studied?
09:23IIT, IIM,
09:24you have studied.
09:25You have studied.
09:26If you're thinking
09:27that you don't have anything to study,
09:28then you have to study their filing.
09:29Who is studying?
09:30How many of you have to study?
09:31We have studied 1,000,000 filing.
09:33Warren Buffet is studying.
09:34So, you're in good company.
09:36Do you check channel checks?
09:38Offline checks?
09:39Yes, we do.
09:40We do.
09:41Channel checks is an on-ground research method.
09:45Analysts and investors
09:47talk to retailers and distributors
09:49to understand
09:51how the pricing, demand
09:52and inventory are going
09:54so that they can compare
09:56to management estimates
09:58compare
09:59so that risks
10:01like channel stuffing,
10:02weak demand
10:03can be explained.
10:05Is this like Quarter?
10:07Sorry?
10:08There is a company in US.
10:09It's called Quarter.
10:10It's called Quarter.
10:11It's one of the leading companies there.
10:14Essentially,
10:15filings analyze
10:16and synthesize
10:18and extract intelligence from it.
10:20That's what I am.
10:21That's what I am.
10:22Our approach is bottom-up
10:23because we are going to
10:24individual companies.
10:25I mean,
10:26we are not only doing
10:27tech through.
10:28We are actually trying to understand
10:29every company.
10:30We are doing equity research
10:31on every company.
10:32Exactly.
10:33Let's see the demo.
10:34There are four components.
10:35Discovery,
10:36analysis,
10:37tracking,
10:38and teaching.
10:39There is also our app.
10:40There is also our website.
10:42How can customers consume it?
10:43We go to Discovery
10:44which is our flagship product.
10:46We get logic-based
10:47stock discovery solutions.
10:49We will show you
10:50a lot of buckets.
10:51We will give you
10:52a bucket of revenue guidance.
10:53They will give you
10:54what guidance this year.
10:55You will get the data.
10:56The first company
10:58has guidance
10:59135% of the growth
11:01this year.
11:02We will grow up
11:03this year.
11:04Now you can analyze
11:05the entire company
11:06with growth plans
11:07and red flags.
11:08This is a real company?
11:09It is a real company.
11:10Okay.
11:11Data analysis,
11:12AI based or manual?
11:13We are currently manual
11:14but we are moving to AI.
11:15Okay.
11:16So what is the takeaway?
11:17These are red flags
11:18and issues.
11:19You can interpret
11:20this data
11:21and you can do anything
11:22with it.
11:23Normally,
11:24if someone is studying
11:25from a company
11:26then they are studying
11:27from there.
11:28Now you are taking
11:29the data
11:30to consolidate.
11:31You are making
11:32concise
11:33because you will
11:34read all these pages.
11:35No, no, no.
11:36Not necessary.
11:37Not in today's time.
11:38Which one
11:40specializes
11:41with financial information
11:42if we use LLM
11:44then you will get
11:45exactly this information.
11:46You have
11:47perplexity.
11:48I think
11:49perplexity.
11:50That's it.
11:53We also have
11:54allegation
11:55and investigation
11:56database.
11:57So,
11:58some cases
11:59or 20 years ago
12:00we have made
12:01a database.
12:02We also have
12:03an example.
12:04Whose name is
12:05wrong?
12:06We will not
12:07take the name.
12:08In this company,
12:09fake supply orders,
12:10circular transactions,
12:11undisclosed
12:12party transactions.
12:13There are all
12:14problems.
12:15Our pulse section
12:16is.
12:17You can track
12:18your portfolio
12:19here.
12:20You will find
12:21AI.
12:22Promoter Interview
12:23which is our
12:24proprietary data.
12:25And the data
12:26only has
12:27no one.
12:28This is our
12:29last product.
12:30Through recordings
12:31you can learn
12:32investing.
12:33We charge it.
12:34We charge it.
12:35The pricing is
12:3620,000.
12:37People who invest
12:38are always looking
12:39for an undervalued
12:40stock in today's context.
12:41at the right time
12:42which price
12:43should be
12:44exit.
12:45If I use this
12:46platform,
12:47can I find this
12:48information?
12:49We will not
12:50give the entry point
12:51or exit point.
12:52It is on you.
12:53We will teach
12:54the investing
12:55and give the data.
12:56So,
12:57what is the product
12:58roadmap for the future?
12:59We don't want to go
13:00to the advisory.
13:01Who are the users
13:02who are using the platform?
13:0350% of our users
13:04who have less experience
13:05from one year.
13:06And 50% of them
13:07keep more than one year.
13:08But who are
13:09investing,
13:10they don't get
13:11very good data
13:12interpretation.
13:13We will invest
13:15on the path
13:16and the path
13:17and the path
13:18and the path
13:19we invest.
13:20This is a way
13:21in India.
13:22What is the concept
13:23and why people
13:24don't use it?
13:25Basically,
13:26today's multiple
13:27is 50.
13:28Now,
13:29that company
13:30can be tripled
13:31in one year.
13:32its forward ratio
13:33would be 50.3
13:34or 17.
13:35Now,
13:36you will compare
13:37the 17 ratio
13:38to the company's
13:39fair multiple
13:40and the upside.
13:41So, instead of
13:42comparing the present
13:43PE multiple,
13:44if it's a growth company
13:45especially
13:46profitability wise,
13:47then it's better
13:48to compare the forward
13:49multiple
13:50but people
13:51don't get sophisticated
13:52so they don't think
13:53that's just the current
13:54comparison.
13:55That's your point.
13:56What is your
13:57customer split?
13:581,500,000?
13:591,500,000
14:00of our paid
14:01customers
14:02who have
14:03made sovereign
14:04subscription
14:0518,000.
14:06Can you explain
14:07the revenue model?
14:08So,
14:09it's a free trial
14:10after 45 days
14:11access.
14:12If you want to upgrade
14:13you like pay
14:14and if you don't want
14:15to upgrade you don't pay.
14:16If you don't upgrade
14:17you won't get anything.
14:18It's not free.
14:19It's free.
14:20It's free.
14:21Then it's free.
14:22It's free.
14:23It's our daily newspaper
14:24when it comes to 8am
14:25and it's important
14:26news for the day.
14:27If you want our daily
14:28newspaper,
14:29it's about 300,000
14:30and if you want
14:31our full data
14:32it's about 5,000.
14:33These 18,000 subscribers
14:35are about 5,000.
14:3618,000 are unique
14:38customers.
14:39In our FI 25
14:40we've got 14,000
14:41customers.
14:426,000
14:43bought the akbar
14:44which is about 300,000
14:45and 8,000
14:46bought full access.
14:47So how much
14:48revenue is?
14:493.5 CR
14:50including GST
14:51including GST
14:523 crore net revenue
14:53Last to last year?
14:552.4 crore
14:57including GST
14:58and 2 crore net
15:00of GST.
15:01What's the run rate
15:02this year?
15:03We've done 1.4 crore
15:04this year.
15:05We have 2.2 crore
15:06We have a beer market
15:07so we will
15:08come back.
15:09We haven't left behind.
15:12Has the AI race
15:14overtaken us?
15:15Our data is far better
15:18than anyone else's
15:19So basically
15:20HRGPT
15:21is also exposed
15:22to the net.
15:23So there are a lot
15:24of fake filings
15:25etc.
15:26that also get factored
15:27in when they are
15:28using to interpret
15:29the data.
15:30But our data
15:31comes from good sources
15:32and uses multiple sources.
15:33Now PR
15:34and fake filings
15:35can't distinguish
15:36the AI
15:37unless you know
15:38what the channel
15:39checks
15:40will not be able
15:41because PR
15:42is exposed
15:43to the full internet.
15:44and the financial
15:45data cost of error
15:46is high.
15:47Today
15:48every LLM
15:49is competing
15:50with the other one.
15:51So they are all
15:52specializations
15:53but no one can do
15:54channel checks
15:55but if it was
15:56the main USP
15:57channel checks
15:58then why are
15:59only 8,000 customers
16:00giving 5,000
16:01rupes?
16:04At this time
16:05investors are
16:06in the market
16:07because they are
16:08in the market
16:09I am fairly sure
16:10once a bull market
16:11returns
16:12this is going to become
16:13he said
16:14she said
16:15let's move on.
16:16What is your equity
16:17and what split?
16:18The shareholding split
16:19is 92.99%
16:20for me
16:21Wow
16:22You are seeing
16:23what you are talking about
16:24I am sorry
16:25I am sorry
16:26It's okay
16:27You can see it
16:28it's okay
16:295% with me
16:302% for me
16:31What?
16:32Why did that happen?
16:33Why did that happen?
16:34Why did that happen?
16:35What did that happen?
16:36Initially we gave
16:37family
16:38and then
16:39yeah
16:40Family
16:41and you gave it all
16:42and then
16:43you gave it all
16:44then?
16:45Do you draw a salary
16:46How much?
16:47How much?
16:481.5,000,000,000
16:49This year
16:50I draw around
16:511.5,000,000
16:52I feel weird
16:56Actually the whole idea
16:57that Sovereign
16:58was Aditya
16:59it was like his brainchild
17:00I still agree
17:01but I don't agree
17:02to the fact that
17:03you are staying in equity
17:05you have seen
17:06cap tables
17:07Why is it 2%?
17:17I don't want to give this answer
17:18No, I can give it
17:21You can give it
17:22You give it
17:23We have done it
17:24We have done it
17:25and we both
17:26give it 50%
17:27and then
17:28give it a feeling
17:29It won't be like that
17:30It won't be like that
17:31Akriti
17:32are you happy
17:33with what you have built
17:34and the direction
17:35in which you are going
17:36I am actually very happy
17:38with what we have built
17:39because customers
17:40use our platform
17:41they like it so much
17:42they actually want to
17:43either join Sovereign
17:44as employees
17:45or they want to
17:46invest in Sovereign
17:47but your numbers
17:48don't reflect that
17:49Why don't you
17:51react if you want to
17:52invest?
17:53Because we want to
17:54perfect our product
17:55We are going to
17:56perfect our product
17:57We are going to
17:58perfect our product
17:59We have a lot of time
18:00to make our product
18:01trust me
18:02Have you tried to raise?
18:03In the beginning
18:04you will have
18:05one or two conversations
18:06Do you have any interest
18:07inbound?
18:08No
18:09What is your team size?
18:1122 people
18:1210 analysts
18:134 tech
18:144 marketing
18:16and 4 sales
18:17How do customers
18:18acquire and
18:19what cost customer
18:20cost?
18:21For a paid user
18:22450 rupees
18:23and for a free user
18:24for a trial
18:2545 rupees
18:26Acquisition
18:27we create organic content
18:28we create
18:29on twitter
18:30we have our following
18:311.5 lakh
18:321 lakh
18:33on youtube
18:34we have 40,000 followers
18:35on instagram
18:36we have 80,000 followers
18:37on telegram
18:38we have 5,000
18:39on whatsapp
18:40we have 15,000
18:41easily high
18:42in India
18:43we have a lot of conversion
18:44we have a lot of conversion
18:45we have a lot of conversion
18:46with one company
18:47that we are going to competition
18:48what is your view?
18:49Look
18:50their AI
18:51gives a lot of
18:52general
18:53answer
18:54AI
18:55is not up to them
18:56our answer
18:57openly
18:58you are talking about
18:59him and she was very good
19:00we have used it
19:01we have used it
19:02we have used it
19:03100%
19:04there is something positive
19:05that is not good
19:06the founder is fantastic
19:07so you are not fantastic?
19:08no
19:09tell us
19:10your negative
19:11we have to create AI
19:12that is what we know
19:14and in marketing
19:15yes
19:16we don't have much marketing
19:17alright guys
19:18thank you so much
19:19thank you so much
19:20thank you so much
19:21we will see you soon
19:22thank you
19:25wow wow wow
19:35wow wow
19:36wow wow wow
19:47hello Shaks
19:48when investing in the stock market
19:50Indians follow only three things
19:52financial influencers
19:54tips
19:55up and down
19:56and the guiranty
19:58hahahaha
19:59it will come out of the end of this information
20:01empezers
20:02and they are not able to take confident choices
20:04this is why
20:05I have created
20:06Multi-Bag AI
20:07an AI native stock research
20:09platform
20:10here
20:11we have
20:12thousands of companies
20:15in order to analyze
20:17and to sell them
20:19in a clean way.
20:21We are a conversational first platform.
20:24That means, investors ask our smart chatbot to Iris
20:29and they answer it as a companion.
20:32Not so much, investors discover new stock ideas,
20:37connect their portfolio to better understand them
20:40and research them 10x faster.
20:43Everything from AI.
20:45Sharks, I am Adityanand Hungar Bihar Singh.
20:49And I have seen a lot of financial struggles in my life.
20:52With that struggle,
20:55I am transforming into an empowering financial product.
20:58To launch it in the entire country,
21:01I ask my ask for 50 lakh rupees for 2% equity in my company.
21:05Sharks, you are investing, you are informed,
21:08and you are not.
21:09Sad.
21:11Aditya, welcome to Shark Tank Season 5.
21:15You will tell us one time.
21:16So, I am coming to Mungar Bihar.
21:18My grandfather lost his entire family in plague.
21:22Which year?
21:23Independence.
21:25Sorry.
21:26After that, my father had the same financial hardship.
21:29After that, my super 30 was qualified.
21:32After that, I studied Super 30.
21:34After that, I studied Super 30.
21:35In the first attempt, I cracked IIT.
21:37The American Express is a pan-India hackathon for machine learning AI.
21:43I came first in IIT Kanpur.
21:45And from there, I got placement into American Express.
21:48I made a lot of machine learning and AI models.
21:50I worked on small language models.
21:51I didn't even know about language models.
21:53Word, fast text, word to work.
21:58My love for finance took me to Goldman Sachs.
22:01My career was one of the best periods.
22:04For two years, I worked for almost 12-14 hours every day.
22:09In 2023, I quit Goldman.
22:11I took a break for 4-5 months.
22:13And then, in early 2024, I started Multibag AI.
22:16You said that you are from Mungar.
22:18What do you call it in Mungar?
22:20What do you call it in Mungar?
22:22What do you call it in Mungar?
22:23It's a country pistol.
22:25Yes.
22:26Mungar doesn't go for it.
22:27Yes, it goes.
22:28It goes for it.
22:29It goes for it.
22:30And it goes for yoga ashram.
22:31Okay.
22:32It's a yoga university.
22:34No.
22:35What happens is that people promote the wrong things.
22:39In the environment,
22:42IIT in Kanpur is an exception.
22:45My brother did engineering.
22:48His IT didn't happen.
22:50Okay.
22:51And I had to crack IT.
22:53So I went for it.
22:54My mother and father both struggled.
22:56But it became very easy.
22:59Because there was no expense.
23:01Okay.
23:02And I had my district topper on the 12th standard.
23:05Very nice.
23:06So parents were very supportive.
23:07Parents were very supportive.
23:08Parents were very supportive.
23:09They were very supportive.
23:10I studied in that school.
23:11My mother taught in that school.
23:13Okay.
23:14And that's why my education was free.
23:16That's why education could be done.
23:18Very good.
23:19Good for you.
23:20Credit to your parents.
23:21And then Goulmin was here's journey.
23:23What was the idea?
23:25The way institutions invest.
23:27And you can see a retail investor
23:29how they invest.
23:31There's a lot of difference.
23:32There's a lot of tips.
23:33There's a lot of tips.
23:34Some friends have said something.
23:35That's how they invest.
23:36So for a retail investor,
23:38in India,
23:39we have an institutional-grade solution.
23:42Investors face four big problems.
23:46First is how to discover new stock ideas.
23:49Second is how to do deep research in that company.
23:52Third is how to create their portfolio.
23:54How to understand their portfolio.
23:57And fourth is how to track their portfolio.
23:59If you've done everything,
24:00then you've invested in companies.
24:02How to track their portfolio.
24:03How to do it.
24:04What is the interaction between humans?
24:07That is changing.
24:09Today, it's text-based.
24:10I can bet my bottom dollar.
24:12After two years,
24:13it will be more voice-based.
24:15And five years,
24:16ten years down the road,
24:17it will be more video-based.
24:18So, a conversational first platform was required.
24:21And the other one is a platform
24:23which solves these four problems.
24:26Aditya,
24:27one of the first companies.
24:29It's been working for three years.
24:32So, Sovereign is primarily a stock discovery platform.
24:36And Multibag AI is a comprehensive platform.
24:39And the second is,
24:40it's a conversational platform
24:41where you can answer questions and answers.
24:43Or you can answer questions and answers.
24:45So, it's not competition?
24:47No.
24:48Because the way IRIS
24:50answers a lot of questions,
24:52very few people are doing it.
24:54If you give a demo,
24:55we'll understand better, I guess.
24:56How do investors discover new ideas?
25:00For that,
25:01we have discovery.
25:03Where we have built multiple AI agents.
25:06What do they do?
25:07There are many documents of these companies.
25:09They read it
25:10and tag the companies in different buckets.
25:13Good.
25:14For example,
25:15I'll open a cloud and data centers
25:18because in AI data centers
25:20it's a big team.
25:21It's a big team.
25:22Yeah, it's a big team.
25:23So, we don't want to treat AI as a black box.
25:25So, when we classify a company in a bucket,
25:28we also provide a reason
25:30why it's classified in that bucket.
25:32Not only that,
25:34this company originally operates in a real-state sector
25:38but it is transitioning into data center business.
25:41Okay.
25:42So, AI agent has told this reason
25:45why this should be classified into this bucket
25:47and also
25:48this information
25:49from which documents
25:50from which documents
25:51from which documents
25:52from random internet.
25:53And there will be some
25:54manual intervention?
25:55No.
25:56No.
25:57In the entire multi-bag AI,
26:00there are three people.
26:01Okay.
26:02Every single thing is fully automated.
26:05We send 10,000 emails every day
26:09that is automated.
26:10We write a lot of blogs for SEO
26:12totally automated.
26:13We post Twitter
26:15like Redbox Global
26:16completely automated.
26:17How many followers on Twitter?
26:19We have just started
26:21with 750 followers.
26:22Okay.
26:23But we get around 200-300k impressions.
26:27The company asked
26:28if you don't use AI
26:29why don't we do it?
26:30So, he was saying
26:31that everything is right
26:32and we need manual intervention.
26:34Are you saying
26:35that there is no need manual intervention?
26:37We'll have to see
26:38where the world is moving.
26:39So, Sam Altman said
26:41a few days ago
26:42that if you rely on this
26:44that AI will not get better
26:46with time,
26:47then you'll probably lose it.
26:48You'll have to understand
26:49that there will be three things
26:50in the world.
26:51Models
26:52will be smart.
26:53Correct.
26:54Models
26:55will be reliable.
26:56100%.
26:57And models
26:58will be fast.
26:59So, you'll build something
27:00too.
27:01Yes,
27:02some points will be wrong.
27:04But you'll also benefit
27:05that you can do everything
27:07at speed and scale.
27:08Yeah, at speed and scale.
27:09And the second point is
27:12research.
27:13So, let's open a company
27:14which are traditional
27:15information investors
27:16will show you
27:17financial statements,
27:19charts,
27:20and everything else.
27:21Do you see foreign stocks
27:22here?
27:23Currently, no.
27:24Currently, no.
27:25we have to do it.
27:26The goal is to become
27:27a global platform.
27:28Got it.
27:29If I see money control
27:30or ET money,
27:31that shows me
27:33the same thing.
27:34This is not the real deal.
27:35So, you go to AI mode.
27:37Now, you can ask
27:39any questions from this company.
27:41We get a fairly detailed
27:42answer from Iris.
27:43And the most important thing
27:45is these answers
27:47come from the official company
27:49documents
27:50as well.
27:51Instead of the internet.
27:52Which is the most important
27:54differentiator of Iris.
27:55I can put the same
27:56prompt
27:57directly in Grok3
27:58and the same prompt
28:00I can put it in you.
28:01Which better result will be?
28:02Better will be
28:04Multibag AI.
28:05We have created
28:06a list of 250 questions.
28:08And we test it
28:10time to time
28:11from the ChatGPT
28:12and Grok3
28:13model
28:14that you directly
28:15ask versus
28:16Iris
28:17what difference
28:18comes?
28:19If we get an excellent
28:20answer
28:21from both of them
28:22we mark it as 1.
28:24If we get a good answer
28:26we mark it as 0.5.
28:27Poor answer
28:28minus 0.5.
28:29It's a simple
28:30but very effective
28:31system.
28:32In the 250 questions
28:33rubric
28:34our Iris
28:35goes consistently
28:36between 170
28:37to 80.
28:38We are improving
28:39it.
28:40ChatGPT
28:41and Grok3
28:42and DeepSeq
28:43then it goes around
28:44140 to 150.
28:45Third problem
28:46users can connect
28:47their portfolio natively
28:48all brokers
28:49in 10 to 15 seconds
28:50connect
28:51not only this
28:52they can start
28:53asking questions
28:54from their portfolio
28:55also.
28:56Identify
28:57red flags
28:58in my
28:59portfolio
29:00So now
29:01you load your
29:02portfolio
29:03your portfolio
29:04is connected
29:05you don't have to
29:06manually load
29:07directly connected
29:08so now you will see
29:09two red flags
29:10are identified
29:11which are overvalued
29:12investors
29:13which are overvalued
29:14buy-sell
29:15recommendation
29:16is not
29:17out of
29:18it's purely
29:19qualitative research
29:20practice
29:21and then the last thing
29:22is
29:23how are you updated
29:24from the interest of
29:25your company
29:26my personal information
29:27dashboard
29:28will get
29:29free-to-use
29:30some features
29:31are behind paywall
29:32so there are 10,300 users
29:34and 318 premium members
29:37How much is that?
29:39around 2,000 average
29:40your competition
29:42we talked about
29:44they told you
29:45cohort conversion
29:4611%
29:47your 3%
29:49so
29:50there is a lot of difference
29:51so
29:52something can be
29:53disguised as tipping
29:54conversion rate
29:55is very high
29:56this is a big claim
29:57by the way
29:58Aditya Joshi
29:59is an inspiration
30:00and
30:01I follow him
30:02very well
30:03but
30:04the bull run
30:05came in India
30:06after Covid
30:07small cap
30:08micro cap
30:09grand rally
30:10Sovereign
30:11they featured
30:13these companies
30:14in their platform
30:15every company
30:16skyrocketed
30:1750%
30:18100%
30:19multi-baggers
30:20so
30:21imagine
30:22human psychology
30:23right
30:24you are thinking
30:25I'm paying 5,000
30:26but I might get 1,000,000
30:27so
30:28I'm not claiming it
30:29it's a tipping business
30:30users can take it
30:31from that way
30:32I'll share a little
30:33example
30:34tell me
30:35Jansol
30:36whatever happened
30:38after that
30:39a lot of people
30:40were not
30:42very good
30:43towards Aditya Joshi
30:44and
30:45I publicly defended him
30:47saying
30:48he is not the person
30:49responsible
30:50if he is not the person
30:51responsible
30:52but that says
30:53users
30:54have
30:55perceived
30:56as a tipping business
30:57yes
30:58that can also be
30:59you
31:00we don't do
31:01anything
31:02but
31:03our users
31:04everything
31:05is
31:06machine
31:07are you
31:08raising your funding
31:09now?
31:10I have
31:11a small
31:12friends and family round
31:13round
31:14we are friends
31:15then
31:16I am
31:17here
31:18that was
31:1965,000,000
31:2013.15
31:21cr post money
31:22and
31:23this year
31:24I have raised
31:25an institutional round
31:261.5 cr
31:27Aviral Bhatnagar
31:28fund
31:29of course
31:30what valuation
31:3116.67 cr
31:32post money
31:33ok
31:34in the next 2 or 3 years
31:35what will
31:36multi-wag
31:37vision
31:38what will happen
31:39to my competitors
31:41in my mind
31:42Fiscal AI
31:43is a Canadian platform
31:44they have
31:45series A
31:46$10,000,000
31:47quarter pro
31:48again
31:49series A
31:50$6,000,000
31:51you know quarter
31:52yeah
31:53the other guys
31:54didn't know
31:55number one goal is
31:56to become a global
31:57platform
31:58because everything
31:59is scalable
32:00I think we have
32:01revenue in 100 crores
32:02how much time
32:03will it take
32:04and what will
32:05do to make 100 crores
32:06revenue
32:07in India
32:08it will not be immediately
32:09for 100 crores
32:10revenue
32:11it will have to be global
32:12ok
32:13in India
32:14you don't think
32:15there is such opportunity
32:16that users will pay
32:17if they will pay
32:18100 crores
32:19it will not be in 1-2
32:20years
32:21it will not be in 3-4
32:22years
32:23wherever you come
32:25you have worked
32:26and to start a start-up
32:27which is very risky
32:28ok
32:29there is no stable income
32:30nothing
32:31nothing
32:32what is the reaction
32:33so
32:34entrepreneurship
32:35is a luxury
32:36right
32:37I like that
32:38and
32:39a person
32:40who has
32:41a sister's wedding
32:42is not
32:43a home
32:44a loan
32:45a father's debt
32:46that is me
32:47by the way
32:48he can't think
32:49that
32:50only when I can
32:51stabilize my family
32:52I can think
32:53of starting a company
32:54the good thing
32:55with me was
32:56I had to do it
32:57but it was not luxury
32:58so I worked
32:59for 5 years
33:00I had a very high paying job
33:01plus
33:02I built my savings
33:03and then I started working
33:04the another good thing is
33:06that
33:07still
33:08I have my brain
33:09right
33:10I am not making money
33:12doesn't mean
33:13I am not improving
33:14in my life
33:15I can go anywhere
33:16and make
33:17nobody can take it away from you
33:18well done
33:19you
33:22engineer
33:23thank you
33:24thank you
33:25thank you
33:26thank you
33:27thank you
33:28if you have a shark
33:30if you have a shark
33:31then play
33:32be a home shark
33:33and the house
33:34won't win
33:35download the sony live app
33:36now
33:37friends, the founders
33:38are taking their game
33:39and sharks are taking their calculator
33:41you too
33:42take your attention
33:43welcome to shark tank india
33:44co presented by
33:45canva and opo
33:46co powered by lahori zira
33:47and partners
33:48rezone solar
33:49fix dharma
33:50payment gateway
33:51wild gold
33:52and jiva
33:53I am here
33:56to match off
33:57here
33:58the category
33:59stock market
34:00sovereign
34:01a stock discovery
34:02analysis
34:03tracking
34:04and teaching
34:05platform
34:06our analysts
34:07help
34:08for investing
34:09all relevant information
34:10will reach you
34:11in a simplified form
34:12multi bank
34:13AI
34:14an AI native
34:15stock research platform
34:16investors
34:17ask their questions
34:18from our smart chatbot
34:19iris
34:20and they answer
34:22a companion
34:23everything
34:24from AI
34:25data analysis
34:26AI based
34:27or manual
34:28currently manual
34:29but we are moving
34:30to AI
34:31every single thing
34:32is fully automated
34:33team size
34:34our 22 people
34:35my 3 people
34:36team
34:37how many followers
34:38on twitter
34:39750 followers
34:401,500,000,000
34:411,000,000,000
34:421,000,000,000
34:431,000,000,000
34:441,000,000,000
34:451,000,000,000
34:461,000,000,000
34:471,000,000,000
34:48something can be
34:49the conversion rate
34:50is very high
34:51this is a big claim
34:52you have a very big claim
34:53your AI
34:54you can see
34:55a generic
34:56answer
34:57quality
34:58is not up to them
34:59up to them
35:02wow
35:03they are talking openly
35:04about this
35:19welcome back
35:20welcome back
35:21it was good to me
35:22that you both
35:23you know
35:24women with financial
35:25literacy
35:26it's amazing
35:27thank you for the truth
35:28because
35:29you don't see that a lot
35:30lot
35:31but
35:32your cohort conversion
35:33somewhere
35:34you are lying to yourself
35:35that you are looking at
35:36business cohort conversion
35:38but
35:39in real
35:40a fan following
35:42a fan following
35:43convert
35:44so to me
35:45it's not an investable
35:46business today
35:47so I am out
35:48but
35:49good luck
35:50and start embracing AI
35:51today
35:52not tomorrow
35:53definitely
35:54we will definitely take it
35:55okay thanks
35:56I am personally very interested
35:58in this space
35:59given
36:00India
36:01the people
36:02invest in mutual funds
36:03or stocks
36:04there are many people
36:05now
36:06and slowly
36:07as they improve
36:08they are going to grow
36:09but
36:10many people need help
36:11on the other side
36:12this information
36:13still doesn't solve
36:14that purpose
36:15and problem
36:16so
36:17I am out of this
36:18because it is not your road map
36:19but wish you luck
36:20thank you
36:21the product is amazing
36:22which I have come to
36:23understand
36:24but if you look at me
36:25as a fresh investor
36:26I have never played
36:27in stock market
36:28I am a madwadi family
36:30so I have told
36:31that I don't play
36:32Tash
36:33and I don't play
36:34in shares
36:35okay
36:36after that
36:37when I played Solitaire
36:38on the computer
36:39I came back
36:40that comes to my head
36:41now
36:42I am very excited
36:43I have opened a DMAT account
36:44people will laugh at me
36:45but that is the reality
36:47so I have been looking
36:48for products like this
36:49to use and to invest
36:50but you know
36:51when I saw both products
36:52the other product
36:53it was very simplified
36:54and it's a lot more interactive
36:57my time is very limited
36:59I don't think
37:00I will study
37:01I have so much patience
37:02this is bedtime reading
37:03for me
37:04bedtime fun for me
37:05you know
37:06you open an investing app
37:07and have fun
37:08I don't see that fun in this
37:09it's very serious for me
37:10so I think
37:11for that reason I am out
37:12but I wish you guys
37:13all the very best
37:14Thank you
37:15Akriti Aditya Apoorva
37:17in this business
37:18there is a very big problem
37:20in this business
37:21you don't have truth tellers
37:24around you
37:25you have given a reason
37:28that this business
37:29why is it slow
37:30why is it going down
37:31why is it going down
37:32why is it going down
37:33because it is a bear market
37:34that is not the reason
37:35that is not the reason
37:36at the same time
37:38we are seeing
37:39Zero and Grow
37:40all of these
37:41record revenues
37:42record profits
37:43that is not the reason
37:44that is not the reason
37:45is that
37:46you are an amazing
37:48equity analyst
37:50because you have
37:51lived in a little
37:52academic
37:53equity research
37:54world
37:55and you have got to
37:57get further
37:58in the world
37:59in the tech
38:00product
38:01and business
38:02it is not the capability
38:03to build out
38:04which you can give
38:05your knowledge
38:06and other people
38:07for this reason
38:08I am away with it
38:09today
38:10but I wish you all
38:11the best
38:12Look at all you guys, frankly speaking.
38:20This is what AI is doing to a lot of businesses.
38:22To a lot of smart people also, to be honest.
38:25Three people's company will be building.
38:27You will listen to it when you see it on the TV.
38:30You will say, wow, it has finished us.
38:33It's like that.
38:34Disruption is there, guys.
38:37Get, get, get, get, get going.
38:39So, I am also out, guys, unfortunately.
38:43Lovely meeting you. Thank you so much.
38:46I can tell you before,
38:48I want to personally say that the next trillion dollar company will be a data company.
38:52So, that's what I'll say.
38:56Thank you very much.
38:58All the best.
39:00Take care.
39:02I love you.
39:05The only thing I need is the quality of the investment.
39:08The only thing I need is the quality of the investment.
39:11We have used Multi-Bank, Sovereign, and other competitors.
39:16As of now, the answers and data are among the best.
39:21Of course, in the future, AI will disrupt, but we will adjust it with it.
39:26Raditya, you are an outstanding guy. I love you.
39:29So, there are founders who are rising.
39:33Where are you coming from? Where are you going from?
39:36You took the plunge at the right time.
39:37Like when you had to pay a salary,
39:40pay attention to the house,
39:41there are a lot of people who go to entrepreneurship.
39:43You don't see anything else.
39:44That answer was, that got me, bro.
39:48Sir, I'll give you an offer, bro.
39:5150 lakhs for 2% which you wanted.
39:56All right. Thank you so much, Aman.
39:58As you said, you said a global company from India.
40:05You're doing good. You're doing good.
40:08And I think you don't want to embarrass yourself
40:10by dropping your valuation.
40:11It'll be my pleasure to, you know,
40:13come on board for 50 lakhs for 2%.
40:18Very impressive founder.
40:20Thank you, Kunal.
40:21Tech is also interesting and impressive.
40:23I think one issue that I'm looking for now,
40:26is the one that is unproven.
40:27You can do it in the future.
40:29It's the distribution.
40:31Because it's not clear today,
40:32I'm going to get out of this season.
40:35But I'm rooting for you.
40:37You will be successful.
40:38All the best.
40:38Thank you so much, Kunal.
40:39I'm going to get out of this season.
40:41This category is going to be very big in India.
40:45There are two cohorts for users.
40:46One is the one that is very mature.
40:49The platform is very relevant for them.
40:51But the one that is large in India,
40:53I think it's the one that is one of the people
40:55who are doing that first time.
40:58I think there's a very big value that can be made there.
41:01But I'll still take a punt on you.
41:03Maybe you'll make it bigger.
41:05And if you think that it's not in this particular shape and form,
41:08maybe pivot and figure something else out.
41:11So, I'll also give you the same offer.
41:1250 lakh for 2%.
41:16All right. Thank you so much, Mohit.
41:18A guy came a few years ago and said,
41:20Praveen Namaz.
41:22He had just left his job in a company.
41:25And he wanted to start a stockbroking.
41:27He was already three or four of them.
41:31So, no VCs gave him funding.
41:33I said, dude, there's something about you.
41:36Last month, he became a unicorn.
41:38His name is Dhan.
41:40Raze, you know what I mean?
41:41Very cool.
41:42But that is not the bigger point.
41:43The bigger point is,
41:44if I wanted to double down,
41:46then that round may be.
41:47Because it's a very profitable business.
41:49And the incoming investors wanted a little more equity.
41:52So, I said, you have one third beige there.
41:55So, even though I had a lot of money,
41:56I had one third beige there.
41:58I said, you have made it.
42:00I respect that.
42:01But I'll do what is right for you.
42:03So, that's what I'm seeing.
42:06And I think not just your family.
42:08You're making Bihar proud.
42:10And one day, you'll make India proud
42:11because of your global vision.
42:13What will your business model now become?
42:15I'm not very clear.
42:17In fact, I'll give you this advice.
42:19Let's make it free.
42:20Let's make it addictive.
42:21Then let's see what will happen.
42:23So, my offer to you is 50 lakhs for 2%.
42:28But if you prefer,
42:30I'll give you 1 crore for 4%.
42:34But I would love to work with you.
42:37Thank you so much.
42:39Why not?
42:40I'll give you 1 crore for 4%.
42:41See, if you want to take 1 crore for 4%,
42:46then I can also match the same.
42:47And I would be happy to match the same.
42:48Depending on how much capital you want to raise today.
42:52So, no.
42:53Aditya is my brother.
42:54What's your brother?
42:55He's a brother.
42:56It's our brother.
42:57It's our ability.
42:58It's our relationship.
42:59It's our relationship.
43:00You need to make a deal with this brother.
43:02Yes.
43:03Okay, I would like to revise my offer while he speaks.
43:05Okay, I'm happy to do one crore for 3.5%.
43:09Okay.
43:09I don't want to talk to you with the founder.
43:12I'll be with you.
43:13You're going to do whatever you want to do.
43:15You're a very smart guy.
43:16There are many investors coming.
43:17You're going to manage that.
43:19And that's why you want to take a sounding board.
43:21Where you need it, you'll be there.
43:22I won't tell you what to do.
43:24You're going to decide.
43:25So, my offer is the same.
43:2750 lakhs for 2% or 1 crore for 4%.
43:29Whatever you decide.
43:32I'll give you a little time.
43:33What do you think?
43:34What do you think?
43:36Go for it.
43:36Go for it.
43:38Sorted guy.
43:40What did you do?
43:41He's good.
43:42He took you in his pocket.
43:44He won't take it in his pocket.
43:46I don't even think he's here for the money.
43:53Hello, Aviral.
43:54Yeah.
43:55So, we have got 4 offers.
43:58Tough for all.
44:04How many deals are you going to bag?
44:06The original valuation of 25 CR.
44:09We asked him to offer.
44:11Is it possible for any one of you to do better than that?
44:19So, he offered 3.5%?
44:21I can do 1.5% for 50 lakhs.
44:2350 lakhs for 1.5% for 1.5%?
44:27Now, if you say yes, do it like that.
44:31Say it.
44:31I'll give you 50 lakhs for 1.5%.
44:34If that is okay with you, we can close right away.
44:37Now, close it.
44:38Now, close it without offers.
44:39Take 50 lakhs for 1% and close it.
44:4350 lakhs for 1%.
44:45Done.
44:45Your valuation has doubled.
44:47Say it.
44:4850 lakhs for 1%.
44:49Anupam and Aman, you can come together.
44:55Man, it's a little bit difficult.
44:57You've lost 1% already.
44:58We'll do 1 crore for 2%.
45:00I'll get 50.
45:01That's okay.
45:02You'll get 1.1%.
45:03So, let's choose one.
45:05If possible, you should both.
45:09It doesn't matter.
45:10If you want to choose one or not, don't do it.
45:12But, you'll get 50 lakhs for 1%.
45:14You'll get a deal.
45:16You know, if you think that somebody can help you better,
45:18then, oh, it's okay.
45:19It's okay.
45:28Thank you so much, Shaks, for all the offers.
45:34Aman, 50 lakhs for 1%.
45:37Deal, Pakki.
45:38All right.
45:38Well done.
45:40Good.
45:40Why are you going to walk with this?
45:42I love you, bro.
45:47I love you, too.
45:56Will you give another one?
45:57We're going to discuss it.
45:59We're going to discuss it.
46:00Give another one.
46:01We'll make another big company.
46:02I'm telling you,
46:03we can make another big company.
46:05But, guys, love you.
46:07Love you.
46:07Thanks, man.
46:11Kunal told me that distribution will be a difficult nut to crack.
46:16So, it's top-notch marketing campaigns.
46:18We have to do a good marketing campaign.
46:20I believe Aman will help me better.
46:22My parents must be very proud.
46:24And whatever I've achieved so far,
46:27this will inspire a lot of people.
46:29So, if I have that little role to play in inspiring people,
46:32I'll take that.
46:33Friends, when you reach the peak,
46:35there's a lot of chaos.
46:37Sharks go in one direction.
46:38Founders go in another direction.
46:40It feels like a traffic jam.
46:41But I'm going to clear that traffic jam.
46:43I've covered everything from Canva's smart tools
46:45and AI features.
46:48It's also in a super stylish format.
46:50Let's see.
46:59That was the daily Canva report.
47:08My name is Shrikanshah.
47:09And I'm a premium modular construction company,
47:12a prior build founder.
47:14We can assemble a fully assembled house for 4 hours.
47:19All the structures are all building port compliant.
47:22And they're made with a specialized steel alloy,
47:25which makes it very lightweight and super strong.
47:30This company will go public.
47:32You will go for hours in NSC.
47:33100% sir.
47:34We've brought a pixel dot technology from Bihar's 6th rishik,
47:38which will convert a digital display in any building.
47:43In India, it has become 70% of dirt in India.
47:47This small car can see in a few seconds.
47:53It's a test for 40 rupees.
47:56It's a lot of money, bro.
47:586 adults.
47:596 adults.
48:00Now divide it.
48:03Nice style.
48:06In India, there's no problem for doctors and medical access,
48:10but it's a timely medical access.
48:11We have CosmoHealth, a health care system,
48:14which will reach emergency services until 10 minutes.
48:18It's not an emergency service.
48:20It's a tech-driven, rapid medical system,
48:23which is first-rate, doctor support, elderly care,
48:25or home nursing.
48:26Everything is 24-7 to you.
48:29But there is also a risk.
48:30Tomorrow, in Cosmo-branded ambulance,
48:33someone doesn't make it.
48:34You blame yourself.
48:35Are you ready for that?
48:36We're a hand-crafted sneaker company,
48:38whose design blueprint is
48:39of the Indian culture.
48:42And today, we're representing the Indian dream.
48:44Look at their dates.
48:46It's in 1928.
48:47Embroidered.
48:48Which is the first year when India won a gold medal in Hong Kong.
48:51Gold medal, that's right.
48:52Eventually, Galilabs is going to be a footwear brand.
48:54Not as a...
48:55No, for us, Galilabs, again, is a lifestyle brand.
48:59India has a lot of stories,
49:01design languages,
49:02to create very elevated, aspirational brands.
49:06The gap that we see in the shoes,
49:08is very clear, apparently.
49:10We're creating a community, a movement.
49:12Brilliant work, guys.
49:13Beautiful.
49:13Love it.
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