On the Tank
The founders of Raising Superstars are Raghav and Shraddha Himatsingka.
About Raising Superstars
Raghav scientifically explains that when a baby is born, the brain has a hundred billion neurons. Upon receiving a stimulus, all the brain cells begin to connect. At approximately 3 years of age, 90% of the brain has already undergone development.
If your baby lies between the ages of 0 and 3 years, then you can install our application, Prodigy Baby.
Their app essentially provides all the necessary tools for babies to develop demonstrable abilities such as intelligence, language, reading, memory, music, personality, etc.
You can enjoy all these activities in just 5 minutes each day, free from any screen time.
Once you enrol with them, they will provide you with daily activities and exercises via short videos. They will also deliver our physical materials, such as flashcards and booster cards, to your home.
Shark Tank Recap
- Raising superstars is in the early childhood development business. By engaging in just 5 minutes of the day.
- That’s the reason Bill Gates said that “the first five years of our lives define how the next 80 years turn out to be.”
- Ask: ₹1 crore in exchange for 2% equity making the valuation stand at ₹50 crores.
- At last, Together Aman and Ashneer would come for ₹1 crore in exchange for 4% equity ( Valuation: ₹25 crore)
Shark Tank Live
Ask
₹1 crore in exchange for 2% equity making the valuation stand at ₹50 crores.
Demo Review
Veeru (A 2-year-old kid) identified things like pizza, toucans, Dogs, burgers etc.
Business Model & Sales of Raising Supertars
Raising superstars is in the early childhood development business. By engaging in just 5 minutes of the day.
In our journey of one year, more than 50,000 parents had given us love and trust.
We have generated approximately 13 crores in revenue in the last 12 months.
Their course fee ranges from ₹500(/week) to ₹39,000(/year). Also, they provide it for 3 months (₹7,000) and 6 months (₹25,000).
The 3-month plan is the most popular, with an average order value of approximately ₹7,000.
Unit Economics
Their shipment, packaging, and material costs account for 20% of our total costs; the remaining 80% represents our gross margin.
Feedbacks from the sharks
- Anupam: Over the period of time, your customer acquisition cost (CAC) will increase and revenue will fall.
- Namita: As a mother, I think a child should enjoy the first three years of their life.
- Vineeta- I don’t have any passion to go in this direction.
Offers for Raising Superstars
Aman and Ashneer: Together would come for ₹1 crore for 4% equity (valuation: ₹25 crores).
Deal
Together Aman and Ashneer would come for ₹1 crore in exchange for 4% equity ( Valuation: ₹25 crore)
Raising Superstars Beyond Tank tank updates
Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.