- 2 days ago
Shark Tank India - 11th February 2026 Full Episode
Category
📺
TVTranscript
00:00Oh
00:30Sharks, in only 10 seconds you can book for your loud ones
00:51an experience that you will never forget
00:54like we have done for Varun
00:56What?
00:57I'm here to surprise Varun
00:59I think both of us have been so busy since the last two weeks
01:04He has been in and out of meetings, shootings, traveling across cities
01:11I thought I should take a small moment from his busy schedule
01:15I'm here on the set of Shark Tank to give him a little surprise
01:19and I hope he gets excited with it
01:22Oh God
01:25Oh my God
01:30What is this?
01:32Hi!
01:33How are you?
01:36Oh wow, what is this man?
01:41You didn't know this?
01:43No man
01:43She just came and gave me a surprise
01:45This is super cute
01:51Oh wow
01:52Oh wow
01:53Oh wow
01:55What is this 15-20 minute break?
01:57Please spend time with me
01:59So Varun, how did you feel the surprise?
02:06It was very nice
02:08Very nicely planned, very nicely executed also
02:10Very nicely executed also
02:22Thank you so much
02:24And Sharks, you have one more reason to party
02:27Because our services start from as slow as
02:29as low as one triple nine
02:30Oh wow
02:31Today our presence is in India's seven major cities
02:34with 64 private theaters
02:35Now, we have to go to India's two crores
02:38and we have to go to India's two crores
02:40For 2 crores
02:41For 2 crores
02:42And we have to go to Mangaluru
02:43and put India's very own chain of private theaters
02:44and celebration space
02:45And we have to go to the grand, affordable and luxury
02:48And Sharks, you have one more reason to party
02:51because our services start from as low as one triple nine
02:53Oh wow
02:54Today our presence is in India's seven major cities
02:57with 64 private theaters
02:59for private theaters.
03:00Now, to go to India, our ask is 2 crore for 2% equity in our company.
03:06What?
03:07Charks, now India will celebrate only at the Binge Town.
03:11Okay, Bingers, welcome to Shark Tank Season 5.
03:14Thank you, thank you, thank you.
03:15How did you start your business and how do you all know each other?
03:19I am from Haldwani Utrakhand.
03:21I did my graduation from Delhi University.
03:23I did my MBA at IIT in Madras.
03:26After that, I worked for four and a half years for a leading private bank in the UK.
03:31I was from Bengaluru.
03:32I worked for my Binge Town University.
03:34And before Binge Town, I worked for my family.
03:36I am Sangeet actually a childhood friend.
03:38I was a bachelor's from Bengaluru in mechanical engineering
03:42and a master's from power engineering.
03:44After that, I was also involved in my family business.
03:47I am from Tritlagad, Odisha.
03:49I have worked with my Binge Town and MBA at IIT Madras.
03:53I am with Vishnu School friends.
03:55I have worked with a data scientist and two tech startups.
04:00Okay.
04:01I am from Tritlagad, Odisha.
04:03I have worked with my B-Tech IIIT in Allahabad.
04:06And I have worked with a software developer in multiple corporates and startups.
04:10Towards the end of 2021, I and Vishnu were in Bengaluru for a different startup, which was a job portal.
04:15So we were looking for challenges.
04:16So we wanted it up and we were looking for an alternative business idea.
04:19We were looking for an alternative business idea.
04:21In that moment, OTT consumption was growing very fast.
04:23So we felt that private theaters on a rental basis to watch OTT movies,
04:28a big market can become a big market.
04:30Then, Somai also joined us as a partner.
04:32And in January 2022, we launched our first branch with a single private theater.
04:39The pictures, PVR, Inox, etc.
04:43You have become a small format.
04:45No, I will clarify.
04:46We just provide the theater.
04:48Customers use their own OTT account.
04:50Connected TV.
04:51They have to watch.
04:52It looks like if I go to a hotel,
04:53then I can use my account to log into an OTT and watch it.
04:56Yes.
04:57We were looking for customers who were booking our private theater,
05:00not just for movie watching,
05:01but to celebrate birthdays, anniversaries and all that.
05:04Then, we started offering basic decoration as an add-on offer
05:07and our second branch of construction.
05:09Then, we were looking for Sanket.
05:11Basically, I had Sanket, as a customer,
05:14a Binztron experience.
05:15And we really liked the idea.
05:17And we actually felt that events were the main focus of this company.
05:21because the events hassle and expense are a real problem.
05:24So, in January of 2023,
05:27we launched Binztron's third branch as a franchise.
05:31We added a lot of extra services to add-on,
05:34which were the first thing.
05:36It was quite basic.
05:38It was great to upgrade along with the overall ambience of the whole setup.
05:41We thought that we all should come together.
05:44In January of 2023, we started expanding Binztron together.
05:48So, we have about 17 locations in India.
05:51Not bad, yeah.
05:52And 64 theaters.
05:5364 theaters.
05:5464 theaters.
05:55Oh, wow.
05:56So, what kind of consumer is buying you?
05:59And at what time,
06:01how do you have distributed revenue?
06:03So, around 70% of the bookings are for our birthdays.
06:0615% of the anniversaries.
06:08And the rest are for other events,
06:10like romantic dates,
06:11mom to be, bride to be, etc.
06:1390% of our customers who are booking,
06:15are in the age of 20 to 35.
06:17There are 30% couples.
06:1940% is exactly a group of four.
06:21and 30% for groups of more than four.
06:24So, you can say that we are very, like,
06:26for intimate activities,
06:27like intimate gathering of four to six people.
06:29The word, intimate,
06:31which you have used, is a little tricky word.
06:33That is a proper use case.
06:35I'm sure 30% of couples who are in the house,
06:37you have put a little camera on the inside.
06:39We respect the privacy of our customers,
06:41and we don't have cameras inside.
06:42But, at the same time,
06:44we also don't have locks on the door.
06:45So, no one can actually lock the door or latch the door.
06:48And we have so many services going on.
06:50We have photo shoot, log entry.
06:52Constantly someone is going in, coming out,
06:54you know, serving the customer with whatever they want.
06:56Types of services and pricing.
06:58Theatre and decoration is what the customer must pay for,
07:01if they want to go.
07:02Decoration choices, catalogs, etc.
07:04Every theatre has a unique decoration.
07:06They cannot customize the decoration beyond a point.
07:08It is semi-customizable.
07:10Lot of optional services,
07:11like cake,
07:13food,
07:14photo shoot,
07:15fog entry,
07:16gifts.
07:17And if kids are big,
07:18kids are related.
07:19And we have recently launched our accounts.
07:20And we have recently launched the carrier.
07:22Pricing, tell me.
07:23It differs from theatre to theatre.
07:25From a premium theatre,
07:26where there is a luxurious decoration,
07:27a big seating,
07:28a big screen.
07:29So, in 2000, what is it?
07:30So, in 2000,
07:31for a half hour,
07:32there will be a theater space with decoration
07:34and a cake with a little bit of snacks.
07:37For 1.5 hour,
07:38for 3 hours, the prices are high.
07:39Menu card,
07:40tell us.
07:41Food menu.
07:42So, there is a kitchen too?
07:43Yes.
07:44Every branch has its own kitchen.
07:45And a dedicated pantry in charge.
07:46In two shifts,
07:47we have branches in two shifts.
07:48So, in two shifts,
07:49we have all things.
07:50Yes.
07:51We have around 60 odd items.
07:52What time to what time?
07:53So, morning 8.30,
07:54our branches open.
07:558.30 to 5.30 is 1 shift.
07:56And 5 to night,
07:572 o'clock is 1 shift.
07:58Oh.
07:59What is your capacity utilization?
08:00Today,
08:01we have 96 slots across 17 branches.
08:04Because we have a slot based booking system.
08:06Per day?
08:07Per day.
08:08We have 82% fill rate.
08:10Wow.
08:11Pretty good.
08:12What the frickin.
08:13No wonder,
08:144 Krona can invest again.
08:16And there is no dynamic pricing.
08:17It's fixed pricing.
08:18It's fixed pricing.
08:19Boss,
08:20this is Shark Tank India.
08:21Crazy.
08:22I couldn't think about it.
08:23Oh God.
08:26Where did this happen?
08:27Seriously.
08:28I'm not sure.
08:29I'm not sure.
08:30It's a global company.
08:31It's a company that does this.
08:33No.
08:34Ready to celebrate venue.
08:35We have never seen this scale.
08:37This is crazy.
08:38And you have a bootstrap.
08:39Yes.
08:40Wow.
08:41Now,
08:42watching your episode,
08:43people say how good business is.
08:44And it will be possible to replicate.
08:46We have 70 plus small, small competitors.
08:48But none of them.
08:50Is even 10% of our size in revenue.
08:51Why did it not happen?
08:53They don't do groundwork on that level.
08:55It's tough.
08:56Execution.
08:57Execution.
08:58Let's get to unit economics and numbers.
09:00So our average net revenue per booking is 3,600 rupees.
09:03Net of GST.
09:04Very good.
09:0525% goes into salaries and franchise operators' fees.
09:0815% goes into supplies like cake, dry eyes, food items, etc.
09:1210% goes into rent.
09:148% goes into electricity, maintenance and other operating expenses.
09:192% goes into other admin expenses like licenses or accounting salaries.
09:23So gross margin is 40%.
09:25Wow.
09:26Our cake is 25%.
09:28What is this mainly?
09:29Google.
09:30This is mainly meta ads.
09:31How much?
09:3215% is our EBITDA.
09:33CapEx.
09:34Depreciation.
09:35Yes.
09:36Depreciation is around 2%.
09:37Debt too?
09:38Almost at 1% to 1% of the revenue goes into interest less than 1%.
09:41Profit before tax is 13%.
09:4312.
09:4412.
09:45Yes.
09:46Last 3 years.
09:47How is the revenue profile?
09:48So fiscal year 2021-2022, we have 2 months of business.
09:51In which our nominal revenue was 2,000,000 rupees.
09:53Leave it.
09:5422-23.
09:5522-23.
09:56Our revenue was 44,000,000 rupees.
09:57Is this EBITDA also?
09:5927% EBITDA.
10:0023-24.
10:01With 5.7 CR with 11% EBITDA.
10:03What a joke.
10:05Then last year we did 21.3 CR with 14% EBITDA.
10:09What?
10:10Leo.
10:11And this year what's going on?
10:13In the past 7 months, we have 13.7 CR till October end crossed.
10:19And how much do you do this year?
10:20More than 27 CR.
10:21And how much PBT?
10:22PBT will be somewhere around 11%.
10:24Wow.
10:25So we'll get out of 3 crore rupees.
10:27Yes.
10:28Wow.
10:29Is there any venue closed?
10:32No.
10:33Is there any density in the city?
10:35Delhi NCR.
10:36How many?
10:376 branches.
10:38How many can we open?
10:39In Delhi NCR, we're seeing that we have one branch with 3 to 4 theaters.
10:43And then if our response goes positively to Noida.
10:46So we can go to Delhi in 6 to 8.
10:48Yes.
10:49How many venues in the top 10 city?
10:52Bangalore and Hyderabad believe that we have fully saturated.
10:55And Delhi too?
10:56Delhi too.
10:57We will open a branch in Delhi.
10:58Mumbai has a lot of opportunity.
10:59Mumbai has a lot of demand and response from the market.
11:02In Chennai too.
11:03In Chennai, there is a second branch under construction.
11:05Again in franchisee model.
11:06As you scale, is the franchisee model what you're going to continue?
11:09Next 3 years, at least 50% company-owned company-operated branch.
11:13And 50% franchisee-owned franchisee-operated branch.
11:15And how many branches will go in total in 3 years?
11:18At least or 500 theaters add.
11:20Only in top 10 cities.
11:21We will start doing in tier 1, tier 2, tier 3 cities as well.
11:25The model is very similar to our restaurant business.
11:30Beyond a point, people are bored in the same restaurant.
11:34Even in the same restaurant.
11:37Your repeat is beyond a point.
11:39It will also be less than that.
11:42Plus, for all the operational heavy service, risk and real estate business scale,
11:49I think will not be the best use of my capital at this moment.
11:53So for that reason, I'm out.
11:56But wish you the best.
11:57Thank you very much.
11:58Quality standards.
12:00How will you maintain privacy?
12:01You know, various dicey parts of the business that you've done.
12:06You don't have 70 competitors.
12:09They won't do it.
12:10Right?
12:11So, franchises, whether they will be able to follow those SOPs, audits, quality that you've done.
12:16That makes me nervous in a service business.
12:22So, I'm out.
12:26Thank you, Namita.
12:27Very interesting business.
12:29Thank you very much.
12:30This market is very difficult to create differentiation in this market, but it's very difficult.
12:35The other market size is also capped.
12:40So, that's why I feel a bit difficult for you.
12:42How will the work grow up?
12:44So, recently, I'm out.
12:46Wish you all the best.
12:47Thank you, Namita.
12:49Huge challenges as you scale, especially for quality.
12:52Right?
12:53But, again, let's give you a benefit of doubt.
12:55Now, in 2-3 years, you'll be closer to 100 crores.
12:58So, unless you start doing bigger venues and weddings, you can't really build a thousand crores business.
13:04So, what plan is to get to a thousand crores business?
13:06Our plan is that we want to do in a platform based model.
13:09There are a lot of other venues.
13:11Homestays, pools, pubs.
13:13So, they are looking for customers.
13:15So, we will onboard such places.
13:17But you don't want to do bigger venues, owned venues and weddings?
13:21No, not as of now.
13:22Okay.
13:23So, this is very exciting.
13:24I feel like a lot of business.
13:25I feel like a lot of business.
13:26Oh!
13:27Particularly because we want to couple it with Shadi.com.
13:32But your interest is not.
13:33We are open to anything you suggest.
13:36Why?
13:37Depends on how much money we will give.
13:40I can give enough money if you are moving in that direction.
13:45Celebrations and events are what we are solving for.
13:48So, slowly, obviously, we want to increase the scope of business.
13:51Maybe not grand wedding.
13:52But wedding of, let's say, 500 people.
13:54Which can be done in an innovative way.
13:56Where we stand out with the rest of the wedding planners.
13:59Sure, sure.
14:00We have to do that.
14:01We will work out the model, but you have to be open to it.
14:06So, I will give you an offer.
14:07Very, very, very different.
14:09Are you ready for it?
14:10Yes.
14:118 crores for 26%.
14:23Thank you for the offer, Anupam.
14:24You are welcome.
14:25We would like to hear from Varun also.
14:30Okay, I will give you an offer.
14:31Oh, God.
14:351 crore for 2.5%.
14:37And 1 crore debt on 15%.
14:42Payable over the next four years.
14:50We have counter offers for both Varun and Anupam.
14:54So, for Anupam, it is 8 crore for 15%.
14:58And for Varun, it is 1 crore for 2%.
15:00And 1 crore loan for 12%.
15:02And I will give you an offer.
15:04Yeah.
15:05I am not a non-negotiable.
15:08This is a little strategic in nature.
15:09We understand.
15:11So, I can't really budge.
15:16Varun.
15:18I am not.
15:20That at least, can you make it 12%?
15:22No.
15:24It was more than enough.
15:25I was being nice and I did 15% of 15%.
15:27Decision time
15:36Varun 1 crore 2.5% and 1 crore loan for 15% interest
15:42Good luck guys
15:46You are very big and very differentiated
15:51Gazzal's surprise is 2 crore
15:53Congratulations guys
15:58Thank you
16:00Well done
16:01Anupam's idea to integrate with Shadi.com was a big idea
16:09But some people know that there are a lot of demand from this scale
16:13From Pan India, we want to take this concept and scale it in a good way
16:18In future, yes, maybe we will explore it, but not as of good
16:22Guys, Desi Fundah with Lahori Zira is very welcome
16:26You don't sell products from the business, but experiences like movies
16:30But this experience has made more personal and fun
16:32With those 5 girls who are the founders of The Binz Town
16:36They talk about what they are feeling in the tank
16:40Guys, you are a big team
16:42But welcome
16:43How are you feeling?
16:44Overall, the pitch was very intense
16:47The pitch was very intense
16:48We didn't like it
16:50Eventually, we could give a offer
16:51Everyone was saying something negative
16:52But we planned for them
16:54I think that paid off now
16:55What the truth is
16:56Generally, what type of people are coming to you?
16:58How did you decide to do the job?
17:00Tell us a little bit about what you want to do
17:03From the start, we started with the job
17:05We built a small theater, put a sofa on the projector
17:08People said that they wanted to do the job
17:10So they made a decoration in Jugaad
17:12There are couples, friends, group, family
17:16Everything is happening
17:17Birthday party, anniversary, baby shower, mom to be, groom to be
17:20There are no social events that have not happened
17:22In fact, at one point, it will be married
17:24People have married in Jugaad in Jugaad
17:27Which was a small set-up in it
17:29Before we talk about it
17:31I want to celebrate your investment in Lahori
17:34If we cheers, we'll have fun
17:36Yes
17:43Look, I've told you about your experiences
17:45In your areas
17:46What are the things that have happened?
17:47Birthday party
17:48Bright to be
17:49Groom to be
17:50Have you ever seen a live break-up?
17:52I haven't seen a live break-up
17:54I haven't seen a live break-up
17:56Yes, but I've seen that someone has come to propose
17:58He's done a whole set-up
18:00And someone has convinced you
18:02You can give a discount or not
18:03You can give a discount
18:04We're going to get his asses
18:06And then we'll talk about it
18:08I hope that you provide such experiences
18:11And you have made friends
18:13Thank you, friends, for joining us
18:15This was Business Desi Panda with Lahori Zira
18:17Next time
18:18To eat these pizza
18:20You can enjoy a lot of pizza
18:30You are enjoying it
18:31In real, you don't miss anything
18:33To eat a meal
18:35Without any other food
18:36This is ie-e-e-e-e-e-e-e-e-e-e-e-t
18:37Oh
18:51Shucks Maya preserve it in a yeah, I'm look rather pizza
18:55Wait, no, yeah, but I'm pizza. Okay. Udharan say up or yeah, some Johnny
19:01foreign
19:31Here you can invest in a small part of property, or in a fraction, and you can become a co-owner of a legally-betted, high-quality real estate co-owner in a simple, transparent and affordable way.
19:43And this is why our ask is 1 crore rupees for one and a half person.
19:49Why, sahab.
19:50So Rajiv Ji, Varun, welcome to Shark Tank Season 5.
19:55Tell us a little bit about how you know each other and how you came to this idea.
20:00I met Rajiv from LinkedIn three years ago.
20:03Rajiv comes with 40 years of real estate experience and I come with 20 years of fintech experience.
20:08When you come to Bangalore, you talk about tech, it doesn't talk about dandy.
20:12So Rajiv talked about dandy and I clicked and this is how we connected.
20:17I think this is a complicated topic.
20:20If you can show it from the demo, it's better.
20:22Sure, sure.
20:24So this is our platform, propftx.com.
20:26So here, investors and users are coming, properties are coming, so the user can choose properties and can see their properties and can see their properties and finally decide how many tokens and fractions are going to take them.
20:40And when you come to the stage, you have to create a platform, you have to create your profile details and then you have to go through an AML check, anti-money laundering check and RBI mandated KYC verification.
20:53So at least for Mumbai, we don't have a good accuracy, it's 82%, for Bangalore 92%, for Dubai almost 99%.
21:21So how many cities do I have?
21:23Bangalore has covered, Amda, we have covered, Delhi has covered, Hyderabad has covered, Pune has covered in Dubai.
21:31Like I've been in this week, and I saw a real thing that a place where I came from here is going to be a place where I'm going to go and they're going to double or triple.
21:40Of course, they're going to be a soccer, so I can't take it, but I have to have 1,000,000,000.
21:44Which I want to put and grow in this way, I feel that it will grow.
21:47If I'm coming, then what will I do?
21:49So I want to take it, I want to take it.
21:50We are like a marketplace.
21:51We are like a marketplace.
21:52We are like a market place.
21:53What we do?
21:54What we do is create a SPV.
21:56Every product, project, or particular apartment, the SPV will also be a private limited company.
22:03So the property is listed for 100 CR.
22:07And I can divide that apartment in maximum 200 fractions.
22:11Because it's a private limited company structure.
22:13So if I divide 100 CR by 200, it will be 50,000,000 ticket size.
22:17And the onboarding journey of the platform, you will create account, KYC, Camelia's number of tokens.
22:23And the moment you pay it, it will reflect on your dashboard.
22:27Pro-rata, ownership.
22:29Let me tell you about liquidity.
22:30How do they sell it?
22:32This liquidity, if you sell it, if you sell it, 70% of people need to sell it.
22:38You can sell it.
22:39You can sell it.
22:40You can sell it.
22:41You can sell it.
22:42You can sell it on our platform.
22:43You can sell it.
22:44You can sell it.
22:45You need to do demand.
22:47That was my question.
22:49I want to tell you that real estate doesn't have to pay for days.
22:51It takes time.
22:53But just like Varun said, there should be a buyer to sell it.
22:56You need to sell it.
22:57To sell it.
22:58There are people and market makers too.
23:00Generally, the most important thing is the biggest question of the question.
23:05Yes.
23:06If you invest 1,000,000,000,000,000,000,000,000,000.
23:10If you invest it, it's a hard earned money.
23:12Absolutely.
23:13Why do you trust us?
23:14One is India's most loved asset class, which is only...
23:18But it doesn't have to give you.
23:20Why do you trust us?
23:22Our plan is, if we are on board grade builders,
23:26I can also set in.
23:29That's the builder's credibility.
23:31You have a platform in the background.
23:32Gonal Ji, that property, first of all, is a list of my platform.
23:36No, anyone can do anything on any website.
23:39The question is, why do you trust us?
23:42One of the reasons is that,
23:44we also have to vet the property from our own.
23:47If the builder has given me a property,
23:49I will also vet all the things with my internal lawyers.
23:52I give them a guarantee.
23:54Now, tell your revenue model.
23:57How much do you take a builder from a 100 crore property?
24:01How much of the buyers take them?
24:04And how does the rental yield factor in that?
24:07When it's a builder, if I onboard the property,
24:10I charge them one percent.
24:12But payable only on sale?
24:14No, sir.
24:15That is an onboarding fee.
24:16Onboarding fee or one?
24:18If it's a 100 crore property.
24:20But he will give it to advance to the builder?
24:22Yes.
24:23For listing it?
24:24Yes.
24:25Property.
24:26Varun Ji, one thing I want to tell you.
24:28You have probably a property.
24:29You have listed in the Magic Brick,
24:31No Broker.
24:32They charge their money.
24:33They charge their money.
24:34One percent?
24:35No one charge.
24:36But they charge 10,000-15,000 per month.
24:37But anyway, you complete it.
24:38Rest of the revenue model is,
24:39I charge them three percent success fee.
24:42Three percent is also builder.
24:44Builder.
24:45So one plus three.
24:46One plus three.
24:47The reason is,
24:48I am targeting builder's inventory over hand.
24:50Yeah.
24:51I am not targeting what he is selling.
24:53Now, let me tell the buyers.
24:54The buyers have two and a half percent.
24:56And how do they get the rental yield benefit?
24:59It's a hassle-free ownership.
25:01Right?
25:02So everything,
25:03the monthly rental will be accrued to the user's dashboard.
25:06And it will be transferred to his bank account.
25:08In fact,
25:21I am coming to exactly such a question.
25:25The customer is a builder, it comes from the market, so you have an incentive to sell the goods.
25:32The customer is going to sell the sale.
25:34In fact, I am exactly using this question.
25:37I have used this word, overhang.
25:39Inventory overhang is that the builder has assumed that the demand will be.
25:44Actually, the project will not be.
25:46Two of Anupam's point.
25:48You are selling such products in which the market actually is not.
25:53But now, you will create a demand for performance marketing.
25:56No, this is a very good product.
25:58This is also servicing the builder.
26:01Versus servicing the customer with a true value creation opportunity.
26:05What do we promise?
26:07We make an extended marketing.
26:11Why do they give 4%?
26:13Because if they do their team's marketing,
26:15they give 10-12%.
26:17I'm helping them.
26:19Why don't we get to numbers?
26:21So, right now, we have pre-revenue.
26:27Hi.
26:28We have 3 years in our tech.
26:31And our revenue generated last year was 15 lakhs.
26:37How many builders have shown interest that they want to do this with you?
26:41We have 5 builders right now.
26:43How many?
26:44Listing of 5 properties.
26:455 properties?
26:46Yes.
26:47How many inquiries are customers?
26:49Residential for very low.
26:51But commercial for very high interest from the working population.
26:54Say numbers.
26:55120.
26:56120 in the span of one month.
26:57And this is through performance marketing.
26:59Through performance marketing.
27:00And how many valuation are you?
27:0166.
27:0265.
27:0366.
27:046.
27:057.
27:066.
27:078.
27:086.
27:096.
27:106.
27:116.
27:126.
27:136.
27:148.
27:157.
27:168.
27:179.
27:189.
27:199.
27:209.
27:219.
27:2210.
27:2310.
27:2410.
27:2511.
27:2611.
27:2710.
27:2811.
27:2911.
27:30it around seven crores of money seven crores over three years yes so you will add more money
27:36till eternity i can do it till eternity
27:41rajiv ji varun ji as the businesses are
27:44where you are creating a category where you are creating a category where there is no existing
27:48model there is the first doubt that there is enough sellers and enough buyers will come
27:54here in one location rather than being in five cities by spending under a crore rupees to figure out
28:04demand supply much earlier right now aapke revenue model me kaafi sare challenges hai
28:12so many invest kar paungi parham na budjpan se bauch joe karte thi ki goa mein dos loog
28:18milke ghar khari dengi to usko bringing it to a tech platform and co-ownership ko india mein
28:24bada banane ke liye all the best to you but wohi to problem hai na aise nahi ke meri sab
28:28dost milke wo property karne wala it could be complete strangers i am dealing with and i
28:33think aapke business model me bhot sarai aise hi flaws hai trust ka flaw e liquidity ka clarity nahi hai
28:41indian investor abhi toh ja ke reed thoda thoda dalne lagai i mean people are not ready
28:46for this kind of a product
28:52today i am out thank you
28:55main thoda sa isse disagree karta
28:58ki ye product ka demand nai ho ga ya need nai ho ga i think ye desire bhot sarai
29:05logo mein hai india mein ki wo fractionally bhi but ek achi property mein invest kar pahe
29:13ek achi asset me invest kar pahe par is ki ane ke lila regulation will need to evolve
29:20significantly aap currently joe nao regulation ke around kheel raha
29:27regulation nao honi ki wajah se timing aaj is business ki thik hai ke nahi
29:31wo is a very big question in my mind toh is wajah se main out for thank you
29:36mujhe lag raha ki is business my jobi sabse vadi problem hai ki hum customer first approach
29:42hini li aapka naam ftx
29:45aapka patahe na ftx ke baare jie bilkul maaloo ftx us make sabse bada scam tha
29:53bilkul maaloo pishle 2 saal na yye jie jie jie jie jie jie jie aapne naam kyun ni badla
29:57apna sir usse pahle na register karliya hoa ta toh padadate
30:02jab koi google karayga prop ft x ft x ke baot sare article aenghe jokie
30:07which is a scam-fraud company whose founder is in jail.
30:13Do you want any association with that?
30:16No.
30:17I wish you all the best today.
30:19Thank you so much.
30:23The basic things like equity and mutual funds,
30:27the penetration is so low.
30:29Where are you talking about fractional ownership?
30:32There is still crypto, there is so many other types,
30:35debt, public, you know, debt instruments.
30:37These are not even reality in India.
30:40So I think in the really long time it will work,
30:43but in the really long term we are probably all dead anyway.
31:02And I am sure, as parents, you will know what happens in your brain.
31:14Let's listen.
31:15Let's listen.
31:17One day.
31:23Shocked?
31:25Information overload, notifications,
31:27and overstimulating music.
31:29When every second a new notification will get,
31:31what will the focus be?
31:33The answer is a licensed game that is invented by India,
31:36from chess.
31:37Namaste Shaks.
31:38We are Atil, Arjit, Adesh and Abhijit.
31:41We have represented India in Commonwealth Games
31:43and Asian Games in chess.
31:45Wow.
31:46We are from Kerala,
31:47and we are the founders of 8x8,
31:50which is a global platform for developing cognitive skills
31:53in children using the game of chess.
31:55In our online live classes,
31:57the focus of chess is the focus of children's children,
31:59patience, and attention span.
32:01We don't know how to scroll,
32:03but we don't know how to think.
32:05Shaks,
32:06when Gukesh had killed Akkamura
32:08with patience and precision,
32:10the audience left the audience.
32:12And this is the only pride we have
32:13when our children
32:14will kill each of the challenges of life.
32:16Because in chess,
32:17you don't just improve at the game,
32:18you improve at life.
32:20Our ask is 50 lakh for 5% equity.
32:23So let's checkmate distraction
32:25and replace screen time with skill type.
32:27Yomushas.
32:30Hide and seek,
32:31Antakshri,
32:32I played all this.
32:33I never played chess.
32:35We know that now
32:36we really like the challenges.
32:37So my point of telling you all this
32:39is please,
32:40don't call me the challenge.
32:43Aspil from our team
32:44is going to play against you
32:45blindfolded.
32:46Oh no!
32:48Double bestie!
32:51One crore.
32:52In her body,
32:53there are two saps.
32:54These are two saps.
32:58I want to kill you.
32:59I just want you to fight.
33:00You don't have to fight.
33:01You don't have to fight.
33:02You don't have to fight.
33:04You don't have to fight.
33:05I want you to fight.
33:06I want you to fight.
33:07I want you to fight.
33:08You don't have to fight.
33:09You don't have to fight.
33:10You don't have to fight.
33:11You don't have to fight.
33:12You don't have to fight.
33:13You don't have to fight.
33:14You don't have to fight.
33:15You don't have to fight.
33:16You don't have to fight.
33:17You don't have to fight.
33:18You don't have to fight.
33:19You don't have to fight.
33:20You don't have to fight.
33:21Adobe Acrobat Studio is all new.
33:22What can PDF spaces with AI do?
33:24Make a space for a contract or a few.
33:26Find the differences that matter to you.
33:28Get a table to compare and contrast.
33:30AI assistant pulls source insights fast.
33:32Now you can do that.
33:33Do that with the all new Acrobat.
33:35All new Acrobat.
33:36In sare ingredients ki baad to har koi karthar.
33:38Par humme aysa different kya.
33:40Yehi souch rahe na aap.
33:43Bahat sif ingredients ki nahi hai hai.
33:46Saaloh ki research lagti hai to make something truly perfect for your skin health.
33:50We are trusted by dermatologists across the globe.
33:53We are Fix Derma.
33:56Indian Idol mein kuch yaadhe.
33:58With Subhash Ghai.
33:59You're the showman.
34:00Maaj ki shawm ka.
34:03Pyaar ki nahi.
34:04Aapne to mohol ghiya muchko.
34:11Welcome to Shark Tank India.
34:12Co powered by Lahori Zira.
34:13Adobe Acrobat.
34:14And Crunchyroll.
34:15And partner, Fix Derma.
34:17Kya powerful pitch thi aap logo ne.
34:19And firstly, welcome to season 5.
34:21And your name 8 times 8.
34:234 times A ona chou.
34:25A sere na.
34:26Yes sir.
34:27Yes sir.
34:28Main jab choti thi to main ya toh zodi sakhari.
34:30Jo ek bhoot you know Marathi word hai.
34:32Phir um hide and seek, Antakshari.
34:35Main toh yeh sabi khailti thi.
34:36Main toh yeh sabi khailti thi.
34:37Main toh yeh sabi khailti.
34:38Main toh yeh sabi khailti thi.
34:39Main toh yeh sabi khailti thi.
34:40Main toh yeh sabi khailti.
34:41Hame pata hai ablohonko challenges bhoot pasund hai.
34:42Toh my point of telling you all this is
34:43Please muhje magh bulana challenge.
34:47Hum aapke saath chaih khailna chaatai.
34:49Or there is a twist.
34:51Atul from our team is going to play against you blind folded.
34:54Oh no!
34:55Double bestie!
34:58Kunal sir could you please join us?
35:00Oho!
35:01Hey!
35:02Sabse weak player pakda hai na ne paancho me se.
35:05Mera saath saal ka baccha mirko hara de ta hai.
35:11Yeh blind fold ka purpose itna hai hai.
35:13Just to show you the mental power and concentration of a chess player.
35:16Chess board pe A, B, C, D, E, F, G, H or 1, 2, 8 dikha hai na.
35:20Isko chess board pe notations bolta hai.
35:22Or Atul ko yeh poora board bina dekke notations ke through a game khail saakta hai.
35:29Ek interesting device bhi vaha pe rekha hai.
35:31Usko chess clock bolta hai.
35:32Vaha pe aapke lize teen minute hooga.
35:34Atul ke paas 2 minute hooga.
35:35Or har move me 2 second ki increment bhi hooga.
35:38Jinka time pehle zero hooga, wohar jayega.
35:44I'll start the clock.
35:45We'll start with the white pieces.
35:47He'll start.
35:48Yeah.
35:49White pawn to D4.
35:50Kunal sir plays pawn to D5.
35:55Knight to F3.
35:56Atul moves is knight to F3.
36:00Kunal sir khela pawn to E6.
36:02Pawn to E3.
36:03Atul plays pawn to E3.
36:07Sir moves queen to D6.
36:09Bishop to D3.
36:10Atul goes bishop to D3.
36:13Sir goes bishop to E7.
36:15Knight B D2.
36:17Atul goes knight B D2.
36:18Sir goes pawn to C5.
36:22Pawn to C4.
36:23Atul goes pawn to C4.
36:25My god.
36:26Sir knight knight co develop kariye knight to C6.
36:30Castles.
36:31Safeguarding is king.
36:32White goes castling.
36:34Sir develops is knight to F6.
36:36Black knight goes to F6.
36:38Pawn to A3.
36:39Pawn to A3.
36:40Both of them have times running.
36:42Sir does castling.
36:43Brilliant.
36:45Hey.
36:46My god is so easy.
36:47Pawn on D4 takes C5.
36:50Pawn on D4 takes C5.
36:55Sir takes on C5 with the queen.
36:56Queen captures C5.
36:58Pawn to B4.
36:59White goes pawn to B4.
37:00Attacking the queen.
37:02Come on Gukesh.
37:03Sir has queen B6.
37:06Bishop.
37:07H7.
37:08Bishop captures the pawn on H7.
37:09Giving a check to the black king.
37:12Checked.
37:14Black moves king to H8.
37:16H3.
37:17White goes pawn to H3.
37:18Kunal sir goes knight F6.
37:19Bishop to D3.
37:20Atul plays bishop to D3.
37:21Atul plays bishop to D3.
37:22Kunal ki pare joo dar gaya woo mar gaya.
37:23Bishop to D6.
37:24Bishop takes F6.
37:25Atul plays bishop takes the knight on F6.
37:26Oh.
37:27I know.
37:28Sir takes it back with the G7 pawn.
37:29Queen to C3.
37:30Atul plays queen to C3.
37:31Sir plays bishop to E5.
37:32Sir plays bishop to E5.
37:33Knight takes E5.
37:34Knight takes E5.
37:35Atul goes knight captures the bishop on E5.
37:36F takes E5.
37:37Queen takes E5.
37:38Queen takes E5.
37:39Queen captures E5.
37:40Queen captures E5.
37:41giving a check to the king.
37:42Sir moves king to G8.
37:43Queen G5.
37:44Sir has moved king to H8.
37:45Queen H6.
37:46Atul plays queen to C3.
37:47Sir plays bishop to E5.
37:48Knight takes E5.
37:49Atul goes knight captures the bishop on E5.
37:52F takes E5.
37:54Queen takes E5.
37:55Queen captures E5.
37:56Queen captures E5 giving a check to the king.
37:59Sir moves king to G8.
38:01Queen G5.
38:02Atul plays queen G5 checking the king.
38:06Oh.
38:07Sir has moved king to H8.
38:12Queen H6.
38:13Atul plays queen H6 giving a check to the king.
38:17Again.
38:18Ab toh gaya.
38:19Black plays king to G8.
38:22Queen H7.
38:23And his queen H7 checks mate.
38:25The queen is supported by the bishop on D3.
38:27And that's game over.
38:28Wow.
38:29You stayed in there pretty long.
38:34Wonderful played sir.
38:36Wonderful played.
38:38Thank you sir.
38:39You could have done better.
38:40Yeah.
38:41That was a great game.
38:42Superb ya.
38:43Blindfolded.
38:44Tell us about your background.
38:47How did you get into chess?
38:48And then how did you think of
38:50Isay ham ek business me convert karte ha?
38:52Wow.
38:53Wow.
38:54Wow.
38:55Wow.
38:56Wow.
38:57Wow.
38:58Wow.
38:59Wow.
39:00Wow.
39:01Wow.
39:02Wow.
39:03Wow.
39:04Wow.
39:05Wow.
39:06Wow.
39:17Wow.
39:18Wow.
39:20B.Com honors.
39:21After that, I got LLB from ILS Pune and performed at that time.
39:27You didn't become a lawyer?
39:29I didn't practice actively.
39:31You are now full-time?
39:32Yes.
39:33I got my schooling from Kerala.
39:35I got my B.Com Loyola College from Chennai.
39:37After that, I got my LLB from Delhi University.
39:40I practiced two years as an advocate in Kerala High Court.
39:43Now I got a full-time A.T.M.
39:44I got my schooling in Kerala.
39:47After that, I went to Sridharam College of Commerce, SRCC, Delhi.
39:51For B.Com honors.
39:52After that, I got LLB from Delhi University.
39:54And I worked for a short while with the United Nations office in Geneva, Switzerland
39:58before coming back and co-founding A.T.M.Z.
40:00We want to show an example of our class video.
40:03Okay.
40:04Today we are learning about two special friends in chessboard.
40:07Rook and Bishop.
40:09Rook moves always in a straight way, never returns.
40:12He moves like up and down, left and right.
40:16Right.
40:17Let's see together.
40:18Up and down, left and right.
40:21In the demo, you just know how to teach children.
40:24Yes.
40:25But there has to be a pre-post basis which I can measure
40:28where was either cognitive scale or attention scale
40:32and after three months of your course, where was it?
40:34How do you measure that?
40:35And the results of the actual live measures?
40:38When students enroll with us,
40:40we test first how to visualize how to visualize it.
40:44Okay.
40:45And periodically along with chess,
40:46we also saw how to visualize how to improve.
40:49This is a qualitative measure.
40:51No, no.
40:52But one man, you don't say that as a mother, I am telling you,
40:56anytime that my child is away from his phone
41:00and is doing some activity
41:02where you need concentration,
41:04that itself is doing wonders to his mental health.
41:08That's not necessary.
41:09This is a screen.
41:10What is the pre-op post?
41:11But how many classes are chess online?
41:15For any parent, helping the kid do cognitive learning is great.
41:19But if you package it,
41:21they don't have to land.
41:22So how do you start and prove
41:24that cognitive learning is good.
41:26How many of your live classes
41:28can be at one time?
41:30We have two plans.
41:31One is group classes.
41:33How many of you can be at one time?
41:35Six.
41:36How much do you charge per student for group classes?
41:38Two plans.
41:39Three months score is 7,000 rupees.
41:40Six months, 12,000 rupees.
41:42Individual is also one on one?
41:43Yeah, one on one.
41:44One on one.
41:45One on one price?
41:46For 14 classes, 13,000.
41:47And for 27 classes, 24,000.
41:50How many kids are on-boarded?
41:51Live, we have 1,148 kids.
41:55How many kids are in India
41:56and out of India?
41:5771% in India, but about 29%.
42:00What is the revenue split in India versus global?
42:03The price is the same.
42:05The price is the same.
42:06The price is the same.
42:07The price is the same.
42:08The price is the same.
42:09You are charging a little bit $2 per class.
42:11We are in the whole process of revamping the whole website.
42:15Revenue?
42:16Tell us.
42:17First year was 21-22.
42:18We did 18 lakhs.
42:20Second year we did 42 lakhs.
42:23Year 3 we did 1.33 crore.
42:26Year 4 we have closed at 2.10 crore.
42:29Not bad.
42:30What are you doing now?
42:31What are you doing now?
42:32This year we have done 1.45 crore.
42:34700 crore.
42:35And we are closing at around 2.7 crore.
42:37And what are you doing in these years?
42:39In the first year we had a very minimal 40,000 profit.
42:43In the second year we had a loss of 11 lakhs.
42:46In the third year we had a loss of 13 lakhs.
42:48In the last financial year we have closed at 4 lakhs profit.
42:51And what are you doing now?
42:52In that 2-3% profit.
42:54100% profit.
42:55Guys, I am out.
42:57I have invested in some of the EdTech businesses.
43:02Most of them either they don't survive or they survive when they move into the physical world and are able to crack that model.
43:09And the problem is that local businesses tend to win more.
43:15For that reason I am out.
43:17Thank you sir.
43:18Thank you sir.
43:19I have seen the content on your website.
43:21I don't think there is a value added in it.
43:25Where there is a chest pulse and your mental strength.
43:33That is getting translated to children.
43:35So for that reason I am out.
43:37But all the best.
43:40What do you have to do in life?
43:42To do a chest very popular.
43:43The biggest problem in India and the world is that it has not reached the benefits of people.
43:48So you are passionate about chest.
43:49Absolutely.
43:50So what is this confusion?
43:51Every time of children's mental well-being and distraction from social media.
43:56Sure, that is a by-product.
43:58It is a benefit.
43:59But you have to figure out this.
44:01You have to focus on children's well-being and mental health or on the chest.
44:05That is not clear as well today.
44:07So I am out.
44:08I will suggest get one more co-founder who understands business.
44:14Second is please think big and offline is the way to go.
44:17And I have told you that even AI can be used as personalized buddies as homework after the classes.
44:23So there is scope to collaborate and not be competitive with AI.
44:28And thirdly, you know dementia is the biggest problem in India and globally.
44:32So even adults need to learn this to not get into that very early in age.
44:37So your scope is massive.
44:38But I don't have confidence in your team.
44:40And for that reason, I am out.
44:43But great, great purpose.
44:46I am out.
44:47I am out.
44:48I am out.
44:49I am out.
44:50I am out.
44:51I am out.
44:52I am out.
44:53I am out.
44:54I am out.
44:55I am out.
44:56I am out.
44:57I am out.
44:58I am out.
44:59I am out.
45:00I am out.
45:01I am out.
45:02I am out.
45:06All right.
45:08Take care.
45:09Sorry to disappoint you, but you educated us.
45:10Hey, but 1148 kids is fabulous.
45:13Amazing guys.
45:14Take care.
45:16Thank you sir.
45:17Coming from a very small city in Kerala to reaching Shakhtangi.
45:19This itself is a great achievement.
45:20And beyond what we had expected when we started the company.
45:21I am out.
45:22I am out.
45:23I am out.
45:24I am out.
45:25I am out.
45:26I am out.
45:27I am out.
45:28I am out.
45:29I am out.
45:31All right.
45:32Four times.
45:33Take care.
45:34Sorry to disappoint you, but you educated us today.
45:36Hey, but 1148 kids is fabulous.
45:39Amazing guys.
45:40Take care.
45:41Thank you sir.
45:42Coming from a very small city in Kerala to reaching Shakhtangi.
45:45This itself is a great achievement.
45:47And beyond what we had expected when we started the company.
45:49So, that was very, very nice.
45:51And there were certain areas in business that we need to work upon and make it better.
45:55That feedback we also got, which we will definitely do.
45:57And I am sure that we will be able to do much better in the coming times.
46:06Three sisters.
46:07India's next-gen beverage brand house, which serves sanskari non-alcoholic.
46:11Sanskari.
46:12I'm from Manaras.
46:13Inalupan in Mumbai.
46:14I had started with the first time.
46:15I did the first day in Mumbai.
46:16It was just a few days.
46:17I got started with soda pop.
46:19Then, I started with soda pop.
46:20I put it a plant.
46:21We put it a plant.
46:22We put a lot of people in the plant.
46:23I use a lot of people to manufacture something for our people.
46:25The 12 of the soda pop stalls done that we all had to plant.
46:27Haan.
46:28I put it a plant.
46:29I put it a plant.
46:30What a thing.
46:31Where is that, we're so inspirational.
46:32This is not just great gifting, but great sense of nationalistic side.
47:02We can't help everyone, but we can help everyone.
47:06Beautiful lines.
47:08From 2000 to 2019, I started my book.
47:15Where do you get my new book, second-hand book, notebook, OVA's website?
47:20You can also become a seller on Amazon.
47:23You can also become a seller on Amazon.
47:30You can also become a seller on Amazon.
47:32You can also become a seller on Amazon.
47:35You can also become a seller on Amazon.
47:48Let's go.
48:18Yeah, that's all sir. Tony, yes sir, give me a mid-shot, give me a camera down.
48:29Oh, Jaya madam, don't do this realistic, don't do it in real-time.
48:34I hope you don't like it.
48:37Prathap, now your next shot will go down. Okay, Jaya sir, give me two expressions. First,
48:4333 years ago, Jaya Patel, I've been waiting for a big break.
48:50Nana! Nana, don't get up! Nana! Nana!
49:00Ashu, son, at 9 o'clock, you're going to see the girls coming.
49:05And you're going to sleep in the morning. Get up!
49:10Mama, mommy, I don't want to get married or no marriage.
49:16Just let me know.
49:31I do not want to stay away from my heart.
49:43I'm going to go back in my feet. I don't want to take care of my dreams.
49:48I don't want to keep my tears in a desert.
49:50Nana!
49:52Nana, she's a aspiring actress.
49:5330-30 years of aspiring actress, this was also a big break in life.
50:00Sir, this is my script.
50:02The film will be super great, sir.
50:04There is a script like this.
50:06Look, if I tell the truth,
50:08in any script, there is no knowledge until there are big stars.
50:12But sir, you can give the stars as much money,
50:15you can make a film from the 1-10 budget.
50:18Look, I got this script.
50:20They also got the same story.
50:22But you are famous for making a film with a newcomer.
50:25That's why you have to come.
50:27In any case, you should either be an actor-star,
50:30or a producer, or a director.
50:32But I am not a star-producer from any angle.
50:35And then, you have never made any independent film before.
50:39So, let me forget about the newcomers.
50:43At least for this film.
50:45Naveen Singh, an aspiring film director,
50:48I am not a star-producer.
50:49You're lucky to have a film writer.
50:51You've earned the film director.
50:53big break
50:54cut
51:08very nice
51:11three actors
51:18want to show their world
51:19three actors
51:21in the real world
51:23the script
51:24was written
51:25when it went to the real world
51:26then it was not a film
51:27that was not a film
51:28in the real story
51:29there were some
51:30strange and strange
51:31twists and turns
51:32that was not the film
51:33that was not the same
51:34story
51:35that was started
51:36with a
51:38love
Comments