Memotag came from an 18-year-old Reyansh that was particularly influenced by his grandfather's battle with dementia.

By using advanced voice analysis technology, Memotag is taking on what is rapidly becoming one of the most pressing issues of our time: dementia.

Memotag has been designed to provide end-to-end support to dementia patients and their caregivers.

Memotag is currently in the pre-revenue stage, with no actual sales being recorded. The company does not have any financial transactions and only has pre-orders.

There are claims that orders worth 5 crore have been placed, but these claims lack financial backing. These orders have not received any payments.

The value of Memotag is based on its untested potential. The company gave an estimate of 10 crore.

The Sharks advised Reyansh to improve his product and strategy before seeking investment.

Reyansh, in the opinion of the sharks, made too many promises and tried too hard without producing tangible results.

The startup's personal story can be compelling, but it cannot replace a functioning product. Emotional appeal is not enough.