Founded by Madhusudan R, Gagan Daga, and Rahul Nagar, Sports-tech startup Str8bat offers a smart bat sensor that provides real-time analytics.
Str8bat is a lightweight, pocket-sized device that attaches to a cricket bat, capturing key performance metrics: Bat Speed, Ball Impact, Hand Motion, Shot Efficiency.
As the founders say, "You can't improve what you can't measure!" Str8bat bridges the gap between traditional coaching methods and modern data analytics.
Str8bat provides instant feedback through its mobile app: Real-Time Performance Tracking, Personalized Training, Data-Driven Coaching, Global Standard.
91% of users have shown measurable improvement in their batting since using Str8bat—proving that numbers don’t lie.
The Str8bat founders entered Shark Tank India with confidence, asking for ₹1.5 crore for 1% equity, valuing the company at ₹150 crore.
Shark Aman made a bold offer of ₹1.5 crore for 4% equity, bringing Str8bat’s valuation down to ₹37.5 crore. The founders didn’t immediately accept.
The founders countered with 2.5% equity, pushing Aman and Namita to rethink their positions.
After intense negotiations, a deal was struck: Final Deal: ₹1.5 crore for 3.5% equity. Investors: Sharks Aman Gupta and Namita Thapar.
With a strategic partnership in place, Str8bat now aims to: Expand its market reach, Enhance technology, Go global.