Entrepreneur Name – Karthik Sabherwal and Vaibhav Rathore
About the Entrepreneur – Kartik Sabherwal, 21 is from Jhansi. Vaibhav Kumar is 20 years old and he is from Uttar Pradesh.
LinkedIn Profiles –
| Karthik Sabherwal | https://www.linkedin.com/in/kartik-sabherwal-020aa9200/ |
| Vaibhav Rathore | https://www.linkedin.com/in/rathore-vaibhav/ |
| Brand Name | Upthrust Esports |
| Brand Website | https://linktr.ee/upthrust_esports |
| Business Category | Virtual Gaming Event Organizer |
Innovation – Yes, The primary goal of Upthrust Esports Business is to foster growth and development among e-sports players in India, by providing them with a platform for enhanced practice and competition.
| Company Valuation | ₹25 Crores |
| Equity Asked | ₹75 Lakhs for 3% Equity |
| Deal Closed | No |
| Final Shark Tank Deal | No Deal |
| Target City/Country | India |
| Total Addressable Market | USD 3,674.95 million |
| Product | Virtual Gaming Events Organiser |
About the Product – Upthrust E sports is an online gaming platform that hosts various gaming competitions and events, offering prize money and trophies to the winners and top performers.
With over 3.5 lakh YouTube subscribers, the company also provides white branding services to multiple organizations. To date, they have organized over 30 gaming events with a total prize pool of approximately 1 crore rupees and have collaborated with more than 20 brands.
Their community includes 8 lakh gamers, while the Indian gaming industry is valued at around 18000 crore rupees.
Upthrust Esports aims to offer a platform for gamers to pursue their dream careers, with 1 million hardcore gamers and 2 million mid-core gamers among their target audience.
Conclusion –
Karthik Sabherwal and Vaibhav Rathore asked ₹75 Lakhs for 3% Equity. None of the sharks showed any interest. It concluded in a No Deal.
