MetaShot, a Bengaluru-based sports technology startup, made waves on Episode 18 of Shark Tank India Season 4 with their revolutionary mixed-reality cricket bat. Since their September 2023 launch, the company has successfully delivered over 18,000 smart bats, transforming how people experience cricket remotely.
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Table of Contents
Shark Tank India Pitch
Initial Ask
The founders presented an ambitious vision:
- Investment Ask: ₹80 Lakhs
- Equity Offered: 1.5%
- Valuation: ₹53.33 Cr
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Panel of Sharks
The episode featured prominent investors:
- Anupam Mittal
- Vineeta Singh
- Kunal Bahl
- Peyush Bansal
- Aman Gupta
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Deal Outcome
Final Deal Structure
MetaShot secured a remarkable all-shark deal:
- Investment Amount: ₹1.6 Cr
- Equity Given: 5%
- Final Valuation: ₹32 Cr
- Investors: All five sharks joined the deal
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Company Overview
Quick Facts Table
| Founded | 2021 |
| Location | Bengaluru, Karnataka |
| Founders | Ranjit Behera, Prince Thomas, Ajith Sunny |
| Industry | Sports Technology & Gaming |
| Initial Valuation | ₹53.33 Cr (as pitched) |
| Final Valuation | ₹32 Cr (post-deal) |
| Units Sold | 18,000+ (since Sept 2023) |
| Current Status | Pre-profit |
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Unique Value Proposition
MetaShot distinguishes itself through:
- Mixed reality gaming technology
- Smart cricket bat innovation
- Global player connectivity
- Mobile app integration
- Immersive cricket experience
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Product Innovation
Key Features
MetaShot’s smart bat offers:
- Mixed reality technology integration
- Real-time gameplay feedback
- Global player connectivity
- Mobile app synchronization
- Immersive cricket experience
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Market Impact and Growth Potential
The all-shark investment positions MetaShot for:
- Rapid market expansion
- Enhanced product development
- Strong distribution network
- Marketing expertise
- Global market access
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Technology Integration
Smart Features
The MetaShot system includes:
- Sensor-equipped cricket bat
- Companion mobile application
- Cloud-based player matching
- Performance analytics
- Virtual tournaments
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Future Prospects
The comprehensive deal promises:
- Access to diverse expertise
- Multi-channel distribution
- Strategic guidance
- Brand credibility
- Scaling opportunities
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Conclusion
MetaShot’s appearance on Shark Tank India Season 4 marks a significant milestone in sports technology innovation. The unprecedented participation of all sharks demonstrates strong confidence in the product’s potential to revolutionize cricket gaming.
Key Takeaways
- Secured double the initial investment ask
- All sharks joined the deal
- Strong market validation with 18,000+ units sold
- Innovative blend of sports and technology
Note: This episode highlights the growing potential of sports technology startups in India and the increasing interest in mixed reality gaming solutions.
Social Impact
The platform contributes to:
- Democratizing cricket training
- Creating global cricket communities
- Making cricket accessible anywhere
- Promoting digital sports engagement
- Supporting remote player development
FAQs
Who are the founders of MetaShot?
Ranjit Behera, Prince Thomas, Ajith Sunny
