SharkTank India Season 3:This Contestant makes judges fight between them for the deal

 

After 2 seasons of Shark tank India,Shark tank India season 3 has been started telecast on Sony liv app. Many contestants are coming to Shark tank to get investments for there startup/businesses.

The PITCH

Yesterday also a Founder and CEO came to Shark tank to seek investments. This startup called AI Kavach which is Founded by Pratushya vemuri venkata and she is also the ceo of the company.

The Problem

The Pitch started by the CEO stating the problem currently internet users are facing in cyber frauds. She stated the word advertisement privacy, which means when ever we talk on the phone or on message to someone for example. If someone wants a LG microwave and he talk about the same to his friend then both the person will see LG oven ads all over the internet on their mobile phones this is what we call advertisement privacy.

The solution

 

This Founder come with a solution called “AI kavach” according to Livemint report there are almost 70 crores internet users in India and almost half of this numbers has been caught by cyber frauds eighter by call or from messages.. so the problem is big and so the market capitalisation.

AI kavach helps in detecting

1. fraudulent websites
2. fraudulent calls
3. fraudulent apps
4. fraudulent messages
5. Apps with excessive sensitive permission

 

This App AI kavach has–

• launched 2 months back
• 20000+ Downloads
• 1500+ Paid subscription
• Already caught 200+ fake websites

Investment

Now the sharks are seeing intrested in this deal Aman gupta and piyush bansal made the offer of same equity deal.The ask is 50 lakhs for 1.25%.The founder has opted for Aman gupta deal and it was confirmed.

 

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