Mumbai, Feb 2 : The business reality show Shark Tank India season 3 saw an innovative pitch by AI Cars, founded by Harshal Mahadev Nakshane, who is dedicated to revolutionising the automobile industry through artificial intelligence.
The 27-year-old visionary Harshal, hailing from the small village of Yavatmal in Maharashtra, who once harbored a childhood dream of owning a car, presented his entrepreneurial dream, AI Cars on Shark Tank India 3.
With a humble beginning, Harshals journey began at the age of 19, fueling his passion to create a global automobile company.After working on fuel cells from 2014 to 2019, he invested Rs 60 lakhs and personal savings to create a prototype.
Aiming to transform the automotive sector, Harshal asked for a Rs 2 crore investment in exchange for a 4 percent equity.While the pitch struck a chord with the Sharks, the founder walked out of the tank without a deal.
Talking about his experience, Harshal stated: "Participating in Shark Tank with our brand AI Cars is a tremendous opportunity for young entrepreneurs.While the sharks only invest in revenue-generating companies and not seed-stage ventures, even with a revolutionary concept with global impact.
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"On the other hand, being featured on national television enhances our visibility, attracting potential investors keen on supporting seed-stage ventures.Grateful for this chance to showcase our technology on such a prestigious platform," he added.
Shark Tank India 3 airs on Sony LIV.
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