Avishkaar, a STEM education startup offering robotics kits and coding solutions for children, failed to secure an investment on Shark Tank India Season 5 after concerns were raised around market clarity and brand positioning.
Founded by Tarun Bhalla, Yogita Bhalla, and Rajeev Gaba, Avishkaar develops robotic learning kits such as Mars Rover robots and Butler robots, along with AI modules and a coding platform aimed at children aged 5 to 15 years.
The founders entered the Tank seeking Rs 80 lakh for 1% equity, valuing the company at Rs 80 crore. During the pitch, they highlighted Avishkaar’s presence in 30+ countries and claimed to have trained over 10 lakh students through innovation labs and institutional partnerships.
A key highlight of the pitch was Tweak, a screen-free coding system built on simple logic blocks. The founders said Tweak operates across 14 learning phases, enables nearly one lakh combinations, and has received patents in five countries.
The founders projected Rs 26–27 crore in revenue, with around Rs 15 crore already achieved. Financials shared on the show showed revenue of Rs 7.63 crore in FY23 (Rs 44 lakh loss), Rs 10.36 crore in FY24 (Rs 57 lakh profit), and Rs 13.36 crore in FY25 (Rs 2.31 crore profit).
Despite the numbers, the Sharks declined to invest. Anupam Mittal said, ‘Like your robotic kits,” the business has “too many moving parts,” while other Sharks cited a lack of market clarity and inconsistent branding.
The pitch came amid growing discussion around India’s proposed move to introduce AI as a mandatory subject from Grade 3 starting the 2026–27 academic year, a development the founders said could expand long-term demand for STEM education tools.
