In a recent episode of Shark Tank India¡¯s ongoing season three, three IITians came up with their startup idea, which not only impressed the judges, but even went on to bag a Rs 1 crore deal with four sharks.
On business TV reality show Shark Tank India's ongoing season, the all-in-one smart home gym 'Aroleap' ,the brainchild of IIT Delhi alumni, struck a deal worth Rs 1 crore with four sharks.?Aroleap is an all-in-one wall-mounted home gym solution that covers full-body workouts and made its debut on "Shark Tank India 3."
Personalized training and a wide variety of workouts delivered straight to your door, it is the solution to making fitness accessible to everyone. Designed by IIT Delhi alumni, including Anurag Dani, Aman Rai, and Rohit Patel.
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Exercises like squats, deadlifts, bench presses, and others can be performed on an Aroleap. They asked the sharks for 2.5 percent equity, or Rs 1 crore.??By providing easily accessible, data-driven personal training, Aroleap empowers people all over the country to adopt healthier lifestyles.
Through the simplification of exercise regimens and the guarantee of best outcomes with its flagship product, a wall-mounted strength training machine, the brand hopes to democratize fitness.?With more than 100 workouts packed into a small package, Aroleap goes beyond what can be done in a typical home gym.
The pitchers and the sharks Amit Jain, Anupam Mittal, Azhar Iqubal, and Peyush Bansal worked out a deal of Rs 1 crore for 5% equity.??
Talking about his experience, Aman Rai had reportedly said that making an appearance on Shark Tank with our brand, Aroleap, was an unprecedented experience. Despite our extensive pitching experience, this was our first time pitching under such intense pressure in front of the camera.
By posing the right queries, sharks were able to see through the company and pinpoint the issues. In just one hour, they provided us with insightful, practical advice that was not surface-level. We had the opportunity to self-reflect on the less obvious parts of running a startup for the first time, and we were already working on their suggestions.?
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