On the latest episode of Shark Tank India 5 Campus Special, Anupam Mittal was quite impressed to learn how My Perro founders raised capital without giving away equity.
For the first time on Shark Tank India Season 5 , an all-male Sharks panel appeared during the campus special episode.
Other than the usual Sharks, Kunal Bahl, Anupam Mittal, Aman Gupta , and Mohit Yadav, Pratham Mittal also joined the tank for this special episode.
While they were all mind blown with the ideas and confidence that young entrepreneurs brought to the show, a few ideas also didn’t quite appeal to them.
Unfortunately, the 22-year-old founders of My Perro had to walk out of the tank without a deal.
In fact, they received strong feedback from Aman Gupta, who advised them to cut down the production cost of their product.
My Perro is a smart collar device for monitoring pets.
It monitors their health, GPS, and activity 24×7 from anywhere in the world.
Founded by 22-year-olds — Saiprasad Pandilwar from Nanded and Manan Vyas from Indore — My Perro is currently in its prototype stage.
Saiprasad and Manas are students of Vellore Institute of Technology, and in their final year of Computer Science engineering.
They came to the tank asking for an investment of Rs 60 lakhs in return for 8 percent equity, valuing their company at Rs 7.5 crores.
Listening to their idea, Anupam called it interesting, said, “The timing is perfect for this.”
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Aman Gupta was quite critical from the start and said, “It’s a wearable for pets, it does the same thing human wearables and our smartwatches do.
And the market seems very small; competitor companies are also small-scale.” Pratham Mittal also asked, “The technology for this is quite commoditized, and it exists, so why are you not just importing this?”
Later in the pitch, when the founders reveal that the making cost for the collar is Rs 7000, Aman yells in shock, and says, “It should be made in Rs 1000 since there are basically sensors only, which are the main variable, and there are many advanced sensors now.” He further added, “The device seems very basic as of now, if you see where the wearable technology is going right now.”
‘This is very basic and very expensive’: Aman Gupta
While the founders didn’t get funding on Shark Tank India 5, Aman Gupta gave them quite a critical feedback.
He said, “It’s good to see that you guys are going to be pioneers in pet tech, but I think as of now, your model is very simple.
Coming from VIT, my expectations from you’ll were quite high, I thought you would bring some brilliant technology.
Do some R&D, this is very basic and very expensive, and reduce its cost somehow.
I don’t know how much the sensors cost you, but the outer case can be made for Rs 50-100, and you are paying Rs 1000 for it now.
There is a lot of work left for me to invest, so I am out.”
Kunal Bahl said, “I felt good to see that you guys are resourceful.
A company needs to pick its power lane.
In this space, there are 2-3 different power lanes, so pick one.
I wanted to see if you guys had an upward slope as a founder or not.
I don’t think it’s very steep as of now.
So, I am out.” Pratham Mittal also added, “I started my first company when I was in college, so I know the struggle.
I applaud that you guys managed to make two prototypes and have a branding, but this product doesn’t seem differentiated to me from any other products in the market.
If I enter any pet shop, I will find its variation.
So I recommend you continue with the process, and I am sure with your version 3 or 4, you guys will do really well.
Today, I am out.”
Mohit Yadav said, “People think there is a need; we want the data for our pets, and health tracking holds more value.
But adoption will come only when the cost is low, so you need to think in that direction.
Today, I am out.” Anupam Mittal also opted out and said, “You guys have identified an interesting niche.
I think these are human solutions imposed on animals.
Animals cannot express what they feel, so you need to go deeper and find a leverage point.
You should pull back, find that, since I don’t see that today, I am out.”
Nawaz Javed Kochra is a seasoned entertainment journalist at The Indian Express Online, bringing nearly a decade of expertise to the forefront of cultural reporting.
With a focus on the television and Over-The-Top (OTT) landscapes, he has established himself as a prominent voice in the industry, known for his high-profile celebrity interviews and insightful coverage of the Indian entertainment sector.
Experience & Career
Nawaz holds a Master of Arts in Communication and Journalism from Mumbai University, providing him with a rigorous academic and ethical foundation.
In his 11-year career, he has navigated through several of India's leading media houses, building a portfolio that spans digital, print, and broadcast media:
The Indian Express: Currently leads coverage of TV and OTT content, producing both written analysis and popular video interview segments.
Former Roles: He began his career at the iconic Stardust Magazine and later held key positions at Zoom TV, Zee Multimedia, MissMalini, Bollywood Bubble, and Raindrop Media.
Expertise & Focus Areas
Nawaz’s beat is characterized by a blend of exclusive access and trend analysis.
His core areas of expertise include:
Reality Television: Specialized coverage of major franchises like Bigg Boss, providing behind-the-scenes insights and winner profiles.
OTT Ecosystem: Tracking the shift from traditional cable to digital streaming platforms, with a focus on web series and digital premieres.
Celebrity Profiles & Interviews: Nawaz is celebrated for his ability to foster candid conversations with industry stalwarts, from music composers like Amaal Mallik to other TV legends.
Investigative Entertainment News: Reporting on sensitive industry developments, including legal disputes and personal stories of resilience within the acting community.
Authoritativeness & Trust
With a reputation built on years of networking and credible reporting, Nawaz Kochra is a "known face" in the Mumbai media circuit.
His work at The Indian Express adheres to the publication's "Journalism of Courage" standard, ensuring that even entertainment reporting is approached with accuracy, sensitivity, and transparency.
His educational background and extensive tenure across diverse media platforms provide him with the authoritative perspective required to analyze the rapid evolution of Indian show business.
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Source: This article was originally published by The Indian Express
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