Shark Tank India startup VivaLyf

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VivaLyf co-founder Duvvuru Varshitha and Vimal Kumar made headlines on Shark Tank India Season 1 with their innovative non-invasive glucometer, EzLyf. Duvvuru Varshitha and Vimal Kumar pitched for ₹56 lakh in exchange for 7.5% equity but accepted a deal from Sharks Peyush Bansal and Anupam Mittal for 33.33% equity. Fearing the loss of control over VivaLyf, the founders Duvvuru Varshitha & Vimal Kumar ultimately walked away from the deal. However, the journey took a challenging turn when the global semiconductor shortage hit, and Vimal Kumar left VivaLyf. Now, Duvvuru is facing the challenge alone, with VivaLyf currently on hold, awaiting better supply chain conditions. Watch the full video to learn about the ups and downs faced by this Shark Tank India startup and the founder Duvvuru Varshitha's resilience.
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That's why choosing right partner is important.

elexanderstark
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Fuck how predatory is shark tank india to not increase there bid at all and still incease stake by 33%

deagwonder
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That’s the reason why India is not manufacturing because of shortages other countries would not supply because they think India will advance. Industrialization in big scale in needed it’s good this show exist now in India so people can start businesses

lola-toom
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She's gonna crush it, i want to personally help her

kunal-ko
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Semiconductors are the biggest bottleneck for the future of tech.

ULTIMAYD
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She has a winner product hope she succeeds awesome woman ❤

craftwithcodewiz
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Shark tank India isn't a show for entrepreneurs
It's more like an indian drama, just with money involved

aayushmanchaturvedi
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Watching this in Aug 2024... how old is this video..???

aashifilms-kgui
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so the shark tank partner would have procured semiconductors for them when there was a global shortage ?

karthiksekar
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That's why India desperately needs semiconductor manufacturing

craftwithcodewiz
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56 lakhs... for that kinda money you don't need shark tank.. or was it 5.6 cr?

SuperCoolTeddy
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Agreeing to give away 1/3 rd was pretty bad to begin with. Shows how they lacked basic strategising.

zis
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For those of you wondering
56Lakh is roughly a buck fifty in USD

differentman
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Man 56 lakhs is nothing, even i can afford it lol.

MegaNerevar
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The semi conductor shortage is long over. They probably have issues importing certain parts from china

PPSRHD
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I was suspicious about their blocker of semi conductor shortage. Although there is shortage but they are not at that scale to be impacted by shortage

They probably didn't get a accuracy good enough

sonu
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Why u talk American but show INR?... isnt it confusing without usd conversion?

Kittycatty
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Indian startup scene is a big circus 😂

Zinger
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Can't happen without Chinese technology and materials.

ABDURRAHMAN-cwfo
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not just india but asians are good at bargaining so they want the best for the lowest price possible. so these kinds of deals are more common but we just dont see them

hemantpeelwad