On the Tank
Head and Heart was founded by Gurunandan Singh in 2015. After working 23 years in corporate, Gurunandan once went to Malaysia and saw this technique, during a seminar. He came back and insisted his wife teach their students the same technique.
After some time, they got the idea to teach other students too. So back in 2014, they did their first pilot in Delhi with 15 students and got a good response from there. Taking advantage of this he deep dived into this business and started “Head and Heart”.
Moreover, this would help children enhance brain capabilities.
Shark Tank Recap
- Head and Heart (HnH) isa digital initiative that offers courses and programs to help people use their brains to their fullest potential
- Vision/Purpose
- Ask- ₹50 lakhs for 5% of equity in the company making the valuation stand at 10 Crores.
- Offers: As such no offer was made to Head and Heart
Shark Tank Live
Ask
₹50 lakhs for 5% of equity in the company making the valuation stand at 10 Crores.
Demo Review
Mehak and Chehak with blindfolds on their eyes shock the sharks by identifying the items and their colors from a bowl containing different items. Moreover, they are surprised when Mehak takes a glue out and identifies that its color is blue, however, the cap is yellow.
Moreover, they identified thread, ribbon, and box. Later and the sooner they took different items like a cough tablet, pink rose, white wireless earphones, Stevia sachet (alternative of sugar in beverages), and a five hundred rupee note(by reading the serial no. written) from the sharks that Mehak and Chehak identified.
Business Model of Head and Heart
Taking ₹5 lakhs for the franchise model in which training would be given to the person and a 30% royalty would be charged thereon.
Sales and Revenue of Head and Heart
Generated ₹30 lakhs in revenue in the last year.
They have Trained 5000+ people before covid-19.
After COVID-19 on 27 April 2020, they started their first online session after research for teaching in online classes.110 students from 7 different countries came with no special marketing
Feedbacks from the sharks
- Ashneer- I can’t find anything tangible in this. This this just like a magic trick with no research.
- Anupam- I don’t know how can you defend this from online coaching like Unacademy and Byjus.
- Aman- By training a trainee, the trainee can become the next trainer. So this a big problem and I am out.
- Namita- instead of edtech focus on corporate training more. Which results in immediate business.
- Vineeta- as such I can’t see any clarity of business.
Deal
As such no offer was made to Head and Heart.
Head and Heart Beyond Tank tank updates
Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.