Shark Tank India 3: Aroleap Smart Home Gym Bags Deal Worth Rs 1 Crore With Four Sharks
The all-in-one smart home gym 'Aroleap', the brainchild of an IIT Delhi alum, signed a Rs 1 crore agreement with four sharks on 'Shark Tank India 3'.
New Delhi: The IIT Delhi alumni’s brainchild ‘Aroleap’, an all-in-one smart home gym, has bagged a deal of Rs 1 crore with four sharks on the entrepreneurial reality show ‘Shark Tank India 3’.
Debuting on ‘Shark Tank India 3’, Aroleap which is an all-in-one wall mounted home gym solution, covers full-body workouts.
Designed by IIT Delhi alumni, including Anurag Dani, Aman Rai, and Rohit Patel, it is the answer to simplifying fitness for all, bringing personalised training and full-range workouts right to your doorstep.
The exercises possible on Aroleap are -- squats, deadlift, bench press and others. They sought Rs 1 crore for 2.5 per cent equity from the sharks.
Aroleap addresses the pressing need for accessible, data-driven personal training, empowering individuals nationwide to embrace a healthier lifestyle.
The brand aims to democratise fitness by streamlining workout routines and ensuring optimal results with its flagship product, a wall-mounted strength training machine.
Boasting over 100 gym exercises consolidated into a single compact unit, Aroleap transcends the limitations of traditional home gyms.
The pitchers sealed a deal of Rs 1 crore for 5 per cent equity with sharks Amit Jain (CEO and Co-founder of CarDekho Group), Anupam Mittal (Founder and CEO of Shaadi.com), Azhar Iqubal (Co-founder and CEO of Inshorts), and Peyush Bansal (Co-founder and CEO of Lenskart.com).
Talking about their experience, Aman Rai said: "Appearing on Shark Tank with our brand Aroleap was an experience like nothing before. Even though we had a lot of pitching experience, it was our first time in front of the camera, pitching in such a high-pressure setting.”
“Sharks were able to see through the business and identify the problems by asking the right questions. They gave us deep, non-superficial and specific actionable advice within a span of an hour. It was the first time when we got to self-reflect on softer aspects of leading a startup and have already started working on their feedback,” he added.
‘Shark Tank India 3’ streams on Sony LIV.
(This report has been published as part of an auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)
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