Shark Tank Contestant Wants To Buy Byju’s One Day

| Updated: February 3, 2023 8:12 pm

The sharks of Shark Tank were stunned as they came across a pitcher who had just turned 18. Shreyaan Daga, the owner of a skill development company, impressed them impressed with his entrepreneurial journey but also got a standing ovation from Aman Gupta.

He is the co-founder of OnlineLiveLearning (OLL), a platform that offers classes in diverse fields — communication, computers, art and dance, among others.

On Shark Tank India, he told judges that his portal collected over Rs 2 crore in revenue in two years.

At the age of 16, he founded the platform borrowing Rs 2 lakh from his father and dropping out of school to focus on entrepreneurship.

Sugar Cosmetics CEO Vineeta Singh asked Daga if he would sell his company to the likes of Byju and Unacademy, replied to that he said that he wouldn’t abandon his venture till he gets 1 billion learners on his platform

Then, he revealed his ambitions, he said “One of the milestones (I want to get to) is to buy Byju’s or Unacademy.”

While the entrepreneur didn’t detail how he planned to do that, his presentation and answers on the Shark Tank stage left the judges impressed.

“The competition is gradually collapsing,” Daga said. “At this moment, not a lot of funds are available in the market.”

“He is very sharp,” Lenskart’s Peyush Bansal said in response. In the end, Bansal and Singh decided to invest in his venture.

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