Music Pandit, founded by Serah John, aims to bring structured music education to children aged 6 to 14.
The Bengaluru-based platform provides: Step-by-step music lessons, Practice routines and creative challenges, A structured learning experience.
Music Pandit’s Sept 2024 Revenue: ₹19 lakh. Salaries: ₹16 lakh. Marketing Costs: ₹7 lakh. Rent & Other Expenses: ₹7 lakh. EBITDA (Profit/Loss): -₹11 lakh.
Despite generating revenue, the company was burning money heavily, leading to serious doubts about its long-term sustainability.
Serah stepped in Shark Tank seeking ₹50 lakh for 1% equity, valuing the business at ₹50 crore.
The sharks wasted no time picking apart the numbers and questioning the business strategy.
Music Pandit’s core idea was solid, but the execution raised major red flags for the sharks.
Why Did Music Pandit Fail to Secure a Deal? High Operating Costs, Lack of Accreditation, Weak Scalability Strategy.