🦈 Sharks in the Show
- Namita Thapar
- Aman Gupta
- Anupam Mittal
- Ritesh Agarwal
- Kunal Bahl
👨💼 Founders
- Dhananjay Yadav (Young Male)
- Aryan Yadav (Young Male)
🏢 Company Name
NeoSapien
🔥 Product Overview
NeoSapien Pendant is an AI-powered wearable that functions as a second brain. The device records conversations, retains information, and sends reminders to users. It works as a personal assistant that can help with tasks like:
✅ Booking cabs
✅ Drafting emails
✅ Tracking both digital & physical conversations
The wearable connects and organizes conversations, helping users retain key insights.
📌 Key Features:
- The device requires verbal consent before recording conversations.
- All data is stored in the cloud securely.
- Currently on its 4th generation of development.
- Target audience: Individuals who are leaders and aim to increase efficiency.
💰 The Ask
₹80 Lakhs for 2.5% equity at a ₹32 Crore valuation.
🚀 Journey & Market Fit
- Company started in 2024.
- Aimed at professionals looking to enhance productivity.
- Namita Thapar suggested healthcare applications, and founders confirmed it could be integrated.
🚪 Sharks’ Reactions
- Anupam Mittal 🏃♂️ (Exited) - Already an investor, let other sharks evaluate.
- Aman Gupta ❌ - Not convinced about the market potential.
- Kunal Bahl ❌ - Didn’t see a strong use case.
- Ritesh Agarwal ❌ - Found the use case unclear.
💡 The Deal
Namita Thapar made an offer with a condition:
👉 Pivot towards the mental health & wellness sector within a year.
✅ Final Deal:
₹80 Lakhs for 4% equity at a ₹20 Crore valuation.
🎉 Founders accepted the deal!