Pnt solutions on shark tank india

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What Happened To PNT Robotics After Shark Tank India?

Are You Looking PNT Robotics PNT Robotics & Automation Solutions LLP Shark tank India Updates? Today Shark tank India Season 1 Episode 14 has featured India’s Revolution Startup Tech Company PNT Robotics PNT Robotics & Automation Solutions LLP. This company has the goal of developing automation and robotics products. Founder Pratik Nandan Tirodkar, Ashish P Patil Ask in Shark Tank ₹50 Lakhs for 4% Equity on his company.

1.PNT Robotics Shark Tank India Updates Details Details
1 Company Name Pnt solutions
2 Founder Pratik Nandan Tirodkar, Ashish P Patil
3 Business PNT Robotics PNT Robotics & Automation Solutions LLP
4 Asked For ₹50 Lakhs for 4% Equity
5 Final Deal ₹25 Lakhs for 25% Equity for ₹25 Lakhs Debt
6 Shark Peyush Bansal
7 Episode (Shark Tank India)  Season 1 Episode 14
8 Business Status  In Business
9 Valuation  ₹12.5 Crores
10 Website  Visit Website

PNT Robotics

2.PNT Robotics and Automation Solutions: Brief Profile & Company Info

PNT Robotics works on new-age innovative technologies like IoT, machine learning (ML), Artificial Intelligence (AI), and Robotics to develop and design autonomous solutions for restaurants, hospitality industry, etc. Gave a great presentation with live working robots (2 robots) built by PNT robot – Ado and Coro-bot. 

Ado is an autonomous robot that talks, walks and is an artificially intelligent automatic robot – can talk in different languages, can remember faces, understand emotions from other humans by looking at humans, can take orders via screen on the robot’s chest.  Ado can take food orders – can work in hospitals, restaurants, malls, airports for taking orders, engage, interact, assist, etc. 

Team: Pratik Tirodkar (Founder), Ashish Patil (CEO), Sachin Mudaliyar, Sankalp Kadam, Pushpak Panchpande, Anuja Kadam, Hrushikesh Zagade and Altamash Qureshi (Software Developers) 

PNT solution
PNT solution
3.PNT Robotics Service-Product Mix
  • Automation
  • Robotics
  • Hospitality (Service delivery and operational assistance) 
Pnt solutions on shark tank india
Pnt solutions on shark tank india
4.PNT Robotics Social Media Links 
5.PNT Robotics’ Ask from Sharks in Shark Tank India

50L for 4% equity

  • Discussion: Did PNT Robotics Get Funding from the Sharks at Shark Tank India? 
  • Aman asks about the age of Pratik and Harsh – Aged 24 years. 
  • Asks about background – instrumental engineers. Have offered training to IITs. Have worked on developing a product for the Indian Navy – Kavach. 
  • Expertise in core robotics and AI/ML 
  • Coro-bot helped with food delivery in covid and isolation wards. 
  • Ashneer asked what’s the endgame – just demonstration or core robotics. What business he is making. 
  • Current prototype is equipped to teach what robots can do in schools and colleges. 
  • Peyush asked about the cost of robot: INR 6 lakh 
  • Anupam says that the model is not clear, how they will generate revenue, etc. As it’s business model is not clear, he is out. 
  • Even Aman thinks that they are not clear about the business model (and revenue) and applications and use cases. So, he is also out. 
  • Namita says that don’t be disheartened because you’ll learn a lot during the journey. As her experience is not in robotics. So, she is also out. 
  • Ashneer says don’t make this college project your life. This robot won’t make any benefit. Understand what market needs and what can be done. And he is out. 

Who are the advisors – Peyush asked? 

They say that CA and business advisors. Peyush says CA won’t add any value for advice in the right direction and gives an offer: 25L for 25% and 25L debt. He sees vision in the prosthetic and robotic arm industry. 

6.Offers for PNT Robotics at Shark Tank India

Offer by Peyush: 25L for 25% equity with 25L debt

Counter offer: 20% equity for 25L and 25 L debt

Peyush didn’t agree to the counter and the founding team accepted the original offer. 

7.Final Verdict

Got 25L for 25% equity and 25L debt.  

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