INR 30 Lakhs Raised By Atypical Advantage From Shark Tank India

Atypical Advantage stands out as the biggest platform in India that helps individuals with disabilities to earn a living. By addressing inefficiencies on both the supply and demand sides, Atypical Advantage ensures a fair playing field for people with disabilities to receive fair wages. Whether they are musicians seeking performance opportunities, artists wanting to sell their artworks, or freelancers in search of job prospects, this platform offers a variety of avenues for earning. Within just 18 months, Atypical Advantage has collaborated with over 120 companies and has built a substantial community of 10,000+ individuals with disabilities.

Check out their website by clicking here ➡️ Atypical Advantage 

On Shark Tank India, Atypical Advantage sought a ₹30 Lakhs investment in exchange for a 1% ownership stake, valuing the company at ₹30 Crores. Before this, they had raised ₹1 Crore at a ₹7 Crores valuation, with support from 14 angel investors who own 15% of the company. Atypical Advantage’s platform generates monthly sales of ₹10 Lakhs. They provide a hiring section where companies can find suitable candidates with disabilities based on their specific requirements. Companies pay a Monthly Retainer Fee for services like Sign language support, Consulting, Interview Scheduling, Job Mapping, Post-placement support, and Disability Sensitization provided by Atypical Advantage.

Atypical Advantage was established in 2020 and operates in three different business areas. The first area is dedicated to performance artists such as comedians and dancers. The second area focuses on atypical artists, including painters. Their third area involves inclusive hiring, offering opportunities for freelancers and corporate positions. Amazon is their primary employer, and they have successfully helped more than 60 individuals secure full-time positions there. The company aims to achieve an annual revenue run rate of ₹2.5 crores by the end of the year.

Related: Shark Tank India Season 3 Has Seen Goenchi Feni Raise $2 Million

Vineet Saraiwala, hailing from Mumbai, Maharashtra, is the brains behind Atypical Advantage. He is a 32-year-old entrepreneur with a Bachelor’s degree in Business Administration specializing in Marketing. Continuing his academic journey, he pursued a Master’s degree at the prestigious Indian Institute of Management in Bangalore. Vineet dreams of empowering Persons with Disabilities (PwDs) by providing a million opportunities through Atypical Advantage before he reaches the age of 40.

Anupam makes the first offer of ₹30 lakh, but at a previous value of ₹7 crores, which would make him the owner of 4.29% of the company. Then, Aman and Namita express interest in joining Anupam’s offer, which he accepts. Peyush also wants to invest in the company, but he feels he needs a larger share in the company to be more directly involved, so he offers ₹1 crore for a 12% stake. Vineeta decides to leave the negotiation, stating that there are other good offers that could benefit the company more.

Vineet then makes a counteroffer to the investors, asking for ₹1.2 crore for a 10% stake, with all the investors agreeing to this deal. Vineet also proposes a separate offer to Peyush, asking him to contribute ₹90 lakh to the investment. Anupam disagrees with this and suggests he come in with the same percentage as Peyush, but Peyush refuses and proposes that Anupam can invest ₹1 crore for a 10% stake. Anupam is not happy with this and decides to leave the deal. Peyush also leaves after this disagreement.

Aman and Namita remain interested in the company and offer ₹30 lakh for a 3% stake, which Vineet accepts, and they agree to the deal.

When we looked into the company, we found out that their agreement with Namita and Aman from Shark Tank India didn’t work out even though they appeared on the show. But as of July 2024, the company is still running and getting bigger. They have the support of big companies like HCL, Akasa Air, Godrej, and other well-known names in India. They have partnered with over 150 brands and helped more than 300 people get jobs in top multinational companies.

Shark Tank India showcases a dynamic platform where aspiring business owners pitch their concepts to influential investors, hoping to gain the support and resources needed to scale their enterprises.