Founder Ayush Bansal And Sqn Leader N Praveen Kr (Retd.) talks about his vision in Shark Tank India Season 3 and how he helps children from class 8 to class 12 through career counseling through iDream Career. Helps in choosing the right career option for the future. Will the sharks like their business and will they invest in their business? To know what updates were there on career counseling business, read this post completely.
If you’re short on time, here’s a quick overview of what happened to idreamcareer career counselling business after Shark Tank!
Ayush Bansal and Sqn Leader N Praveen Kr come in Season 3 of Shark Tank India and tell about career counseling service for children’s career choice through idreamcareer website. Aman Gupta and Ritesh Agrawal like their business and make deal With 1.2 Crore.
| Shark: | Result: |
| Aman Gupta | Rs. 15 Lakhs for 0.3% Equity + 95 Lakhs Debt at 10 interest for 2 years Val-50 Cr. |
| Ritesh Agarwal | Rs. 60 laksh for 1% Equity + 50 lakhs Debt at 8% Interest for 3 years Val-60 Crores (Condition: If Service provide in Orisa Raigra area then 1st year interest waive off free) |
| Piyush Goel | No Offer |
| Anupam Mittal | No Offer |
| No Offer | |
| Original Ask | 1.10 Crores for 1.28% Equity |
| Deal Final | Aman Gupta + Ritesh Agrwal : 60 Lakhs for 1% Equity + 50 lakhs Debt at 8 Interest for 3 years (Aman-15 Lakhs + Ritesh 45 lakhs) (Condition: If Service provide in Orisa Raigra area then 1st year interest waive off free) |
Shark Tank India Career Counselling Service Update
- Entreprenurs: Ayush Bansal And Sqn Leader N Praveen Kr (Retd.)
- Business: Career Counselling Service
- Ask: 1.10 Crores for 1.28% Equity
- Result: Aman Gupta + Ritesh Agrawal : 60 Lakhs for 1% Equity + 50 lakhs Debt at 8 Interest for 3 years
- Shark; Aman Gupta and Ritesh Agrawal
Don’t forget to check out more of our company updates from Season 3
About iDreamCareer
iDreamCareer’ is a platform dedicated to career counseling for Class 8 to Class 12, offering guidance to students from 8th to 12th grade on over 560 different career paths.
Also, the company assists them with college applications, financing and scholarship opportunities. The pitchers ask for 1.10 crores in exchange for 1.28% equity. Will the sharks invest? Watch the full pitch to find out.
The Platforms having 1600+ Scholarship program, 1500+ types of Exam and 25000+ College related information.
Curious about the other company updates from Season 3? Check out our Season 3 products page before you go.
Business Financial Data
Last 3 years sales
- Fy 21-22 : 2.2 Crores
- Fy 22-23 : 3.7 Crores
- Fy 23-24 : 8.4 Crores (Till Oct)
- Fy 23-24 : 14.5 Crores (Projected Sales)
- Total Amount Raised; Rs. 13.5 Crores
Monthly Burn Rates
- Fy 23-24 Quarter 1 : 40 Lakhs
- Fy 23-24 Quarter 2 ; 25 Lakhs
- Fy 23-24 Quarter 3 : 10 Lakhs (Projected)
Shark Tank India Season 3 Career Counselling Service Update Video
