Shark Tank Bullspree
In this episode of Shark Tank India Bullspree, a gaming platform where you can learn about a stock while playing presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till the end.
| Company name | Bullspree |
| Founders | Diyvansh Mathur, Dharmil Bavishi, Harsh Dhanawat |
| Ask | ₹75 lakhs for 1.5% equity |
Bullspree Founders
Divyansh Mathur, Dharmil Bavishi, Harsh Dhanawat.
Dharmil is the CEO, and Divyansh and Harsh are the co-founders. They are from Ahmedabad.
Dharmil after completing his degree in Industrial engineering got into an e-commerce company. After 1.5 years he was promoted to the CEO position of the company.
Divyansh has completed his B.Tech degree from IIT Delhi. After that, he worked with two startups.
Harsh is a chartered accountant. He used to audit the private sector and health sector in the year 2016-2019.
About the company Bullspree
Stock market is very risky. Without proper knowledge investing in the stock market can result in huge losses. Bullspree is a gaming platform where you can learn about stock while playing. Playing this games is very simple :
Login to Bullspree.
Participate in a league contest.
Make a stock profile.
Watch the live leaderboard of your stock profile.
The risk is low because there is no actual buying and selling of stocks. They have boarded 2 lakhs users in 6 months.
The application is available on Play Store.
Ask by the Owners Bullspree
Pitchers have asked for 75 lakhs rupees in exchange for 1.5% equity at valuation of 50 crore rupees.
Bullspree Sales And Revenue
They charge a commission of 20% in every contest. The company has raised two rounds of funding. In September 2021 they raised 2 cr. rupees at a post-money valuation of 12.5 cr. and in February 2022 they have raised 1 cr. rupees at a post-money valuation of 26.5 crore rupees. Last month the gross transaction value was 90 lakh rupees and sales was 18.5 lakhs rupees. The CAC is 52 rupees. The average revenue from paid users in the year 2022 is 322 rupees. The D60 retention rate is 78%.Their monthly burn is 18 lakhs rupees.
Offers and counter offers
Aman counter offers 26 lakhs rupees for 1% equity and 49 lakhs rupees debt.
Peyush and Aman joined together and offer 75 lakhs rupees for 2.86% equity in the company.
Bullspree Final Deal
The deal was finalized with Aman and Peyush.