The highest deal of Shark Tank India

The season 1 of the business show Shark Tank India saw a huge number of business pitches by entrepreneurs from different parts of India. All the sharks invested in 67 businesses out of 198. Amongst all these Vikas Kakawani and Leena Kakawani’s AAS Vidyalaya grabbed the highest deal. With an investment of 1.5 crores AAS Vidyalaya had the highest deal of Shark Tank India.

highest deal in shark tank

What is AAS Vidyalaya?

AAS Vidyalaya is an ed-tech start-up that aims to take the school virtually to all those who do not have access to school. Established in 2017, The Anytime Anywhere School is funded by the department of science & technology, Government of India. It is funded through its NIDHI scheme (National Initiative for Developing and Harnessing Innovations- Seed Support System). It provides 10000+ video classes of different education boards and 50000+ Q&A’s and easy accessibility to teachers. The main aim is to ensure continuity of education for students. They conducted a market research and found that only 3 out of 10 students pass out class 10. The other 7 either do not have access to school or drop out. There are various reasons behind such disparity- personal and socio-economic problems. Because of this disparity the issue is prevalent all over India but mostly in smaller towns and rural areas.

This whole ides of solving problem for students who not have the access to school inspired the Sharks. As a result Vikas Kakawani and Leena Kakawani’s AAS Vidyalaya grabbed the highest deal of Shark Tank India, a whooping 1.5 Crores.

Founders-

Vikas Kakwani was born and brought up in Meerut and did his graduation from IIT Roorkee and IIM Lucknow. He worked for 20+ years in the corporate sector in FMGC, Telecom and Real estate sectors across India and Middle East. He worked as a sales and marketing, business head and many other positions. The head of operations and the co-founder Leena Kakwani hails from Kanpur and did her graduation in psychology – clinical child psychology.

AAS Vidyalaya’s success

The app has more than three lakhs downloads and provides solution to the problem of accessibility to quality education to the under privileged . The unique idea of bringing the school to the children instead of children to the school is worth praising. And  currently they are catering to 8.5cr students who are unable to go to school for various reasons. The vision is ‘To make every Indian 10th Pass’.

Highest deal in Shark Tank

Sharks Namita Thapar, Peyush Bansal and Ashneer Grover together invested 1.5 crore for 15% equity which is the highest deal on Shark Tank season 1. The founders  look forward to take the company to greater heights after the collaboration with the sharks because they believe that the charismatic leaders of the start-ups will give them the much needed recognition. They want to connect people from remote areas who do not get access to quality education. So this vision is sue to benefit the underprivileged students from the rural and smaller towns. So this will ensure that they complete their education upto class 10 conveniently.

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