Founded by brothers Aman Chaudhary and Akash Chaudhary Delhi-based offers a range of telescopes and binoculars that are easy to assemble and use.

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The company aims to make stargazing accessible, provide quality telescopes at competitive prices, and cater to India's astronomy market.

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During a trip to Ladakh, Aman and Akash realized the need for an Indian brand making telescopes for the masses.

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Pie Matrix’s Financial: FY24-25 revenue (till Oct) is ₹1.65 crore, projected FY24-25 sales are ₹3 crore.

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Pie Matrix's unit economics for FY24-25 (till Oct) include ₹79.2 lakh COGS, ₹16.5 lakh for marketing, ₹16.5 lakh for packaging & logistics, ₹13.2

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Despite rekindling his interest, the Sharks declined to invest in Pie Matrix due to concerns over its valuation and scalability

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Shark Tank Said No: The sharks were unsure if Pie Matrix could scale fast enough in the niche Indian telescope market.

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What’s the Next: Expand marketing to boost brand awareness and partner with schools and astronomy clubs for credibility.

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Lessons from Pie Matrix’s Shark Tank: Valuation Must Be Justified, Know Your Market Size, Be Open to Flexible Funding Options,

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