The second season of Shark Tank India made an impressive and surprising entry. In the second episode, we got to see an emotional and vulnerable side of a shark. During the episode, an entrepreneur, Abhishek Baheti, approached the shark to invest in his children’s smartwatch brand. This smartwatch helps parents overlook and track their children’s safety even when they are away from home.
Shark Aman Gupta asked Abhishek about the vision and story behind the brand. The budding entrepreneur shared that the basic idea for this product came after suffering a personal loss. Baheti recounted an incident in which he lost a child of the family to fire. Abhishek’s house in Mumbai caught fire a few years ago and four people were trapped inside the house. Only two were able to survive, and he lost a child and an elder limb in the fire. This incident inspired him to build something to help children stay in touch with their parents in such situations.
After hearing this incident, all of the Sharks were emotional. Anupam Mittal asked him why he didn’t plan to create a smartwatch for the elderly as well. According to him, even old people are as helpless as children in such dangerous situations. Anupam broke down in tears and shared her personal loss of losing her grandmother to the fire.
Anupam said, “I remember 2 years ago my grandmother died in a fire. This thing still got me thinking. old people too.” After this suggestion, Aman, Peyush and Namita refused to invest. Vineeta Singh and Anupam offered Rs 1 crore for 10% equity and Rs 1 crore debt with 15% interest Abhishek accepted the offer and called himself a dark horse.