Entrepreneur Name – Dipanshu Bajaj and Nikhil Miglani
LinkedIn Profiles
| Dipanshu Bajaj | https://www.linkedin.com/in/dipanshubajaj/ |
| Nikhil Miglani | https://www.linkedin.com/in/nikhil-miglani-10a416166/ |
| Brand Name– | HoloKitab |
| Brand Website- | https://www.holokitab.in/ |
| Business Category– | AR-based Learning for Kids |
Innovation – Yes, The integration of advanced technology in education, specifically through the use of Augmented Reality visualization, has revolutionized the way we perceive books and opened up new possibilities for enhancing learning.
This innovative approach has empowered students and improved their understanding of various subjects by providing a more immersive and interactive learning experience.
| Company Valuation– | ₹1.8 Crores |
| Equity Asked– | ₹45 Lakhs for 10% Equity |
| Deal Closed– | Yes |
| Final Shark Tank Deal– | ₹45 Lakhs for 25% Equity |
| Target City/Country- | India |
| Product/Services– | AR-based Learning for Kids |
About the Product;- Holokitab is a company that specializes in augmented reality and has created a unique offering of bringing school books to life.
Since its launch in 2020, they have sold over 10,000 books and have become a prominent player in the education sector, specializing in the production of educational books and toys.
Their business model is based on charging a service fee of 100 rupees for each globe sold, with their service delivered through a Software as a Service (SaaS) model.
This innovative service was introduced by Holokitab in the past two months and has since gained traction in the education industry.
Conclusion –
Dipanshu Bajaj and Nikhil Miglani asked ₹45 Lakhs for 10% Equity. Shark Namita offers 45 lakhs for 25% equity with the following conditions: They have to extend their services in other industries too and Changes in the revenue model.
Pitchers counter offer 45 lakhs for 20% equity in the company. The deal was finalized with Namita for 45 lakhs in exchange of 25% equity in the company.
