Bambinos.live on Shark Tank India: Offering Live Virtual Tutoring For Pre-K to Grade 6

When pitching his ed-tech company Bambinos on the most recent episode of Shark Tank India’s fourth season, a founder who speaks Hindi as his first language emphasized the value of English. The pitcher, who was joined by his co-founder, stated that candidates who are proficient in English are given favor in the corporate sector. According to him, people who speak English will also be able to make a lot more money than people who speak other regional languages. Peyush Bansal concurred, stating that he had personally witnessed these biases.

The founders valued their company at an astounding Rs 100 crore and requested Rs 1 crore in exchange for 1% share. The panel of “sharks” was greatly impressed when they stated that they were predicting revenue of about Rs 30 crore this year. Additionally, the founders informed the “sharks” that they have raised approximately Rs 3 crore thus far from Amazon and Flipkart veterans.

Recently appeared on Season 4 of Shark Tank has raised funding from founder investors —Anupam Mittal, Namita Thapar and Ritesh Aggarwal.

As per the press release, Bambino.Live will use the funding to enhance its product offerings, strengthen its tech stack, and boost its marketing activities.

According to the business, the primary project will be Bambinos Doodle, an AI-enabled webcam that improves thinking, language, and academic performance by livestreaming children’s writing to their instructor for immediate feedback. According to the organization, it will also endeavor to enhance the curriculum further in order to promote learning that is the finest in its class.

“The idea of onboarding three Sharks to Bambinos excites us tremendously.Live. Their support is not only a strong affirmation of our goal, but it also shows that we have faith in the foundation we have already established and the ambitious plan we want to follow. Our journey will be strengthened by the distinct knowledge that each of these Sharks provides, according to Ashish Gupta, co-founder and CEO of Bambinos.

Click here to visit their official website: Bambinos.Live

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Bambinos Live is committed to providing youngsters with the best start in life by emphasizing critical thinking, problem-solving skills development, and confidence building. Bambinos.Live makes sure that kids are ready for both academic challenges and real-world problem-solving by laying a solid foundation in these fundamental skills.

The business stated that it hopes to capitalize on the USD 10 billion potential in the online tutoring market by providing advanced learning resources. According to the firm, nine out of ten Indian children cannot speak English correctly, and sixty-five percent of all K–5 parents are dissatisfied with the education their children are receiving in schools.

At the moment, Bambinos provides three programs: Little Yogi, Alpha Maths, and Unbox English.

The founders of the company said

• In the financial year 2022-2023 they made sales of Rs 6.1 crore at a loss of 93 lakhs
• In the financial year 2023-2024 they made Rs 11.5 crores sales at a profit of Rs 33 lakhs
• In the year 2024-2025 ( till september) they have already made Rs 11.3 crores sales & are projecting to complete this year at Rs 29 crores sales & EBIDTA Margin of 15%

Aman Gupta stated that he is not very persuaded by the ed-tech industry. “I have my doubts about this sector. It is not yet stable. Although there are encouraging signals, they will begin to spend more. He backed out of the transaction, saying, “I want to wait and watch for a while, but I don’t know what will happen.”

Ritesh Agarwal, Anupam Mittal, and Namita Thapar were left to make proposals after Peyush also withdrew. They were all interested. Anupam requested 1% in royalties but offered the founders Rs 1 crore in return for 1.5% equity. He and Namita clasped hands. Although he did not request royalty, Ritesh made a similar offer. Ritesh stood up from his chair and spoke to Namita, who informed Anupam that he had a terrific counter, while the founders were discussing the deal. Then he approached Anupam and spoke softly into his ear. “I have made money in this industry, but I have also lost money,” Anupam said to the founders. I have firsthand experience with this industry.

A three-shark offer was made to the founders just as they were getting ready to dispute Anupam and Namita’s offer. According to Anupam, the three of them would agree on 1.5%, but they would also demand royalties. “Getting Anupam on board was important to us, royalties aren’t as important as he is,” the founders stated in the post-pitch interview after accepting the terms.