Ahmedabad based sports-tech startup shines in Shark Tank India; attracts higher valuation offers from all Sharks
February 17, 2024
Ahmedabad: The city based sports-tech startup HyperLab attracted offers by all Sharks in Sony TV’s Shark Tank programme with even higher valuations. A rare feat in the show.
The young entrepreneurs from Gujarat made their choice from among all offers and achieved 150 percent more valuation for their company. The entrepreneurs had offered 1 percent stake for Rs. 10 lakh, they left the studio with Rs. 25 lakh for 1 percent stake. One of the offers was also Rs. 1 crore for 5 percent stake.
The entrepreneurs from Ahmedabad, all three below 25 age, decided to go with Shark Aman as he is already into tech gadgets business. The same startup is also supported by the Government and individuals in Gujarat. DeshGujarat
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