Arvind entered Shark Tank India seeking ₹75 lakh for 0.5% equity, valuing the company at ₹150 crore.
His pitch focused on:
- The platform’s unique 3D design capabilities.
- Its potential to transform home renovation and interior design.
- SuperBolter’s growing product catalog and cost estimation features.
But the sharks weren’t convinced.
Shark Anupam questioned why the business was still struggling despite multiple funding rounds. “If it hasn’t worked in five years, why are you still pouring money into it?” he asked. His concern was simple: If a business isn’t growing, maybe the problem isn’t funding—it’s the idea itself.
Shark Peyush liked the app’s interface and design but felt that, customers at every income level already have service providers and people might use the app for minor visualizations but not full-scale home design. For him, SuperBolter lacked mass appeal, so he backed out.
Shark Kunal appreciated Arvind’s dedication but pointed out a fundamental flaw, the lack of a clear monetization strategy. Without a clear revenue model, he chose not to invest.
Shark Vineeta felt the business didn’t align with market demand. She suggested that SuperBolter needed to rethink its offering before trying to scale.
Shark Aman compared the startup’s struggle to the movie The Pursuit of Happyness. Like Will Smith’s character struggling to sell bone density scanners, Aman felt customers wouldn’t buy into SuperBolter’s value proposition. “This won’t sell,” he told Arvind bluntly before stepping out of the deal.