The next pitcher is Pratyusha Vemuri Venkata, founder of AI Kavach. Their vision is to make phone browsing safe and secure. It charges Rs 50 lakh for 1.25% equity.
She talks about cybercrime and how telephone conversations can also be intercepted. She says, “Phones listen to you and show you how cyber fraudsters are taking advantage of this opportunity.” Her company offers solutions to detect fraudulent messages, apps, calls and websites. Their vision is to make digital interactions and clicks safer.
She says that she was once involved in a scam when she ordered a jhoola for Rs 5,000 and then she didn't receive it. That's how she came up with the idea. Here Vineeta Singh, Peyush Bansal, Radhika Gupta and other sharks also share that they also receive such scam messages.
It shows the mechanism of the AI app.
Aman Gupta makes an offer. Radhika says she came to Shark Tank early but she might be wrong but she already has an offer from Aman.
Peyush matches Pratyusha's offer on the condition that he should be treated as an equal advisor. Aman says, “Let me do my pitch too.” He then shows his watch (indicating his brand) and glasses (indicating Peyush’s brand) and says, “Let me show you which technology here and which technology is used there. I'm not talking about technology because we do technology. So I don't have to show it. Main phenkta nahi hu zyada. Mujhe toh lagta hai ye apne talent ko chori na karle. Aap apne dhande ka mazboot khiladi ho, main India me business banana ke mazboot khiladi hu. So you decide and I will also match your offer.”
She talks about cybercrime and how telephone conversations can also be intercepted. She says, “Phones listen to you and show you how cyber fraudsters are taking advantage of this opportunity.” Her company offers solutions to detect fraudulent messages, apps, calls and websites. Their vision is to make digital interactions and clicks safer.
She says that she was once involved in a scam when she ordered a jhoola for Rs 5,000 and then she didn't receive it. That's how she came up with the idea. Here Vineeta Singh, Peyush Bansal, Radhika Gupta and other sharks also share that they also receive such scam messages.
It shows the mechanism of the AI app.
Aman Gupta makes an offer. Radhika says she came to Shark Tank early but she might be wrong but she already has an offer from Aman.
Peyush matches Pratyusha's offer on the condition that he should be treated as an equal advisor. Aman says, “Let me do my pitch too.” He then shows his watch (indicating his brand) and glasses (indicating Peyush’s brand) and says, “Let me show you which technology here and which technology is used there. I'm not talking about technology because we do technology. So I don't have to show it. Main phenkta nahi hu zyada. Mujhe toh lagta hai ye apne talent ko chori na karle. Aap apne dhande ka mazboot khiladi ho, main India me business banana ke mazboot khiladi hu. So you decide and I will also match your offer.”
Pratyusha comes with a counter offer and makes a pitch for both – Rs 1 crore for 2.5% equity + 2.5% advisory capital. Vineeta looks shocked. Aman and Peyush both agree to the deal together.
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