Image Credits: Shark Tank India
Last updated on 07 March 2023. Find everything about the pitch of Z Sports Tech on Shark Tank India, its founders, and the latest updates about the company!
Z Sports Tech Shark Tank India
If you play professionally, a bat should be made for you, and with Z Sports Tech, you can do it easily from the comfort of your home.
Here are the key details about their pitch on Shark Tank:
Name | Z Sports Tech |
Founder | Samir Shah, Harshal Shah |
Episode | Season 2 Episode 46 |
Ask | ₹60 Lakhs for 2% Equity |
Deal | No Deal |
Sharks | NA |
Status | In-business |
Z Sports Tech is a customized cricket bat company in India that helps you select the best type of bat for you, according to your body type and batting style. They have an experience story, Z Bat Clinic, to find the best pick for you,r do a Q&A on their website.
If you want to try their bats, we found the Z Sports T-50 Solid Kashmir Willow Cricket Bat on Amazon (*Affiliate Link):
Or buy it by clicking here: https://amzn.to/3F0paca
*Affiliate Link means that we get a certain percentage from the sale when you purchase through our link.
The founder asked for ₹60 lakhs from the sharks for a 2% stake in their business.
They have created an algorithm that will determine the most suitable bat for you, out of the 17 different types they have. They also get data from their live training center to give the best recommendation to the customer.
The pitchers also organized a small training pitch on the shark tank set corridor. Aman tested it himself. Still, he didn’t offer because the market is more towards amateur players and not big league cricketers.
The sales were also a bit low, only ₹30 lakhs for FY 2021-22, with cash burning right now. Even the pitcher was confused about the number. That’s left Anupam not investing in it.
Namita thought the market size is not that big and Peyush just recommended tying up with Decathlon to provide the live experience in their store.
Watch a small part of the full pitch:
Z Sports Tech didn’t get any offer on Shark Tank India.
About The Founders
Samir and Harshal Shah are co-founders of Z Sports Tech or Z Bats, operating from Mumbai, Maharashtra. It is registered under the brand Shah Sports Tech Private Limited.
Samir is an electrical engineer who is working in his family business in the same domain. He also runs a sports academy called Sporty Beans. Harshal has studied Commerce at the University of Mumbai.
After not finding a good bat-repairing service in the country, they decided to do it themselves.
After Shark Tank Updates
Famous commentator Aakash Chopra is one of the co-founders of the company. The startup is also backed by G Ramachandran (GR).
Z Bats has partnered with more than 500 SMASH stores to provide live testing.
By the way, other businesses featured in this episode were The Plated Project, VSnapU Photography, and The Health Factory Breads.
In the end, here is the official company pitch: “Z-Bat is a Sports Tech Startup that helps cricketers to choose their bat based on a proprietary algorithm based on a sensor. We handcraft bespoke bats to suit individual players. The motto is where the body meets balance. They also offer bat repairs as an after-purchase service.”
Takeaways
So now you know about did the Z Sports’ Cricket Bat company got a deal on Shark Tank on not, with some future updates.
I am Ranish Chauhan a.k.a. Fulmino Fan, and I am also a fan of Shark Tank India.