All posts tagged: sovrenn shark tank india

Shark Tank India 5 pitchers with 3 IIT and 2 IIM degrees call Sharks ‘bad investors’ as they walk away with no deal | Television News

Shark Tank India 5 pitchers with 3 IIT and 2 IIM degrees call Sharks ‘bad investors’ as they walk away with no deal | Television News

The latest episode of Shark Tank India 5 saw a match-off between two stock trading platforms. Despite having founders with an illustrious educational background, the first trading company, Sovrenn, lost out on the deal. During their pitch, Kanika Tekriwal also shared how, coming from a Marwari home, she was often discouraged from gambling or investing in the share market. ‘Sharks’ Aman Gupta, Kunal Bahl, and Anupam Mittal also raised concerns over the brand not integrating AI into their roadmap. Sovrenn is a stock discovery, analysis, tracking, and learning platform that also promotes financial literacy. Founded by Akriti Swaroop, Aditya Joshi, and Apoorva Joshi, the company only provides consolidated data, but doesn’t play the advisory role of trading in the stock market. The company was started in 2023 and has more than 1.25 lakh subscribers today. Being fully bootstrapped, the founders came into the tank with an idea to expand. They asked for an investment of Rs 1 crore for 1 percent equity, placing the company’s valuation at Rs 100 crores. Also Read: Kanika Tekriwal battled …