Contestants give it their best shot to convince the sharks of Symbiosis to invest in their real companies -perhaps real is a strong word- to make their dreams come true in the most prestigious competition north of Café Peter Donuts!
The Sharks aren’t easy to impress. Could our students wow the likes of Kumul Ma’am, Devika ma’am and Angelo-Don’t let his name fool you- sir?
Nishka Ranka gave it her best shot with her cactus decoration. A left-field idea, but not as niche as you’d expect. Ever want to spice up a wedding, event, or even just add a little flair to your room? Nishka made it seem like even the desert can sell like hot cakes! But the Sharks seemed a little shaky about her premise. Perhaps roses have the only thorns that are worth decoration.
Aastha Lunkad capitalized on the situation we’re in. She had a presentation that showed she had done her research. She peered into the market and saw the need for rental cars in current times for those who can’t work from home. She covered most bases, talking about everything from engine upkeep benefits to pricing. The judges seemed like they were along for the ride.
Riddhi Hingorani proposed a co-warehousing company. She complemented Nishka’s ‘out-there' approach and shared Aastha’s utility with her logistical approach to storage. She proposed to start a company who would set up shared warehouse rentals for their clients to maximize the efficiency of storage and help small businesses who can’t afford large spaces of land. Then judges liked what she had in store.
Lines, both Mathematical and shop versions are discouraging their own right. What if we just did away with one using the other? Sorry AA HL students we can’t buy our way out of Math just yet; Arjun Pradhan schemed an app that would use shop traffic algorithms to help customers avoid the crowd and keep all the joy of browsing through a shop without wasting time. I know it’s definitely something I use but due to the high production cost for its tracking features this app may be better left with someone like Google who already has the tracking in place.
Naman Banker snuck in looking to push the high margin sneaker industry to its limits. Literally. He wanted to make a dedicated service for finding and purchasing in demand and limited-edition sneakers with a cut-based revenue system. The service seemed to preach high revenue but the Sharks didn’t seem to think there was enough proof to back these numbers so it was all down-‘heel’ from there.
Pedal proposals seem to be a trend around here. Ved Jain thought of a plan to make more efficient use of local systems and create a fluid football matchmaking experience for people in your city. The idea was simple, effective and had the numbers to back it. Stadiums would be rented out to players at a small fee for any personal matches and players can form teams and take other local teams on like a ranked video game. There was clear demand for such a service and it can prove beneficial to both ground owners and players as it could prove to be a huge source of income for the ground owners. I think he really scored one with the judges.
Now the question arises?! The contestants put it all on the line, what did they fish? Could they dodge the flaws, tread through the maws, play the laws, chance the odds and finally reel the Jaws? It seems Ved knocked it out of the park – and perhaps you could soon rent this park. Give him some applause. Fishing out second and third were Riddhi and Arjun.
Winners aside, I think our students displayed both creativity and sensibility. I even learned something as part of the crowd. They did us proud. We may not have been able to crack any real bank but it was an experience. Thank you, Shark Tank!