Shark Tank India Invests in PNT Robotics and Automation Solutions

PNT Robotics and Automation Solutions is a startup founded by Pratik Tirodhkar and Ashis Patil, both 24-year-old engineers. Pratik Tirodhkar is an instrumentation engineer, while Ashis Patil is an AI specialist. The company specializes in IoT, machine learning, AI, robotics, and other modern technologies.

One of the company's most significant achievements is the creation of 'ADO,' an AI robot capable of recognizing different languages and identifying individuals. The robot is equipped with a screen and can be used as a kiosk in various settings, such as hospitals, malls, and airports. For example, in hospitals, ADO can be used to deliver medicine to patients or perform sanitation processes. In malls, it can display ads to engage customers and boost sales. In airports, it can eliminate language barriers and help travelers navigate more easily.

AIM

The aim of PNT Robotics and Automation Solutions is to develop and provide innovative solutions using IoT, machine learning, AI, robotics, and other modern technologies. They strive to create products that can improve people's lives and make various industries more efficient and effective.

One of their main objectives is to advance the field of robotics by not only creating innovative products like ADO but also by educating and inspiring students to learn more about robotics and technology. Through their efforts to promote robotics education, they aim to foster the growth of future innovators who can continue to push the boundaries of what is possible in this exciting field.

USP

The unique selling proposition (USP) of PNT Robotics and Automation Solutions is their innovative approach to developing products that use cutting-edge technologies such as IoT, machine learning, AI, and robotics. Their flagship product, ADO, is an AI robot that can recognize different languages, identify individuals, and perform various functions in different settings, such as hospitals, malls, and airports.

One of the key differentiators of PNT Robotics and Automation Solutions is their focus on education. By educating and inspiring students to learn more about robotics and technology, the company aims to promote innovation and drive the growth of the field. This sets them apart from other companies that solely focus on developing and selling products.

Another USP of the startup is their emphasis on creating practical solutions that can have a positive impact on society. Their robots are designed to perform functions that can improve people's lives and make various industries more efficient, such as delivering medicine to patients in hospitals and eliminating language barriers in airports.

BUSINESS MODEL & TARGET MARKET

The business model of PNT Robotics and Automation Solutions is to develop and sell innovative robotic products that use modern technologies such as IoT, machine learning, AI, and robotics. They plan to generate revenue by selling their robotic products and services, including robotic arms, as well as offering educational programs and workshops to schools and universities.

Their target market includes hospitals, malls, airports, and other industries that can benefit from their products and services. In hospitals, their robots can be used for delivering medicine to patients, performing sanitation processes, and assisting healthcare professionals in various tasks. In malls, their robots can be used for displaying ads and engaging customers, thereby boosting sales. In airports, their robots can help eliminate language barriers and assist travelers in finding their way around.

Their educational programs and workshops are aimed at students, schools, and universities interested in learning more about robotics and technology. By offering educational programs, the company aims to inspire the next generation of innovators and create a pipeline of talent that can continue to drive the growth of the robotics industry. The selling price of their ADO robot is 6 lakhs rupees, and they plan to manufacture and sell robots to address day-to-day problems in people's lives.

JOURNEY IN SHARK TANKS

PNT Robotics pitched their startup on Shark Tank India asking for 50 lakhs for 4% equity in the company. Anupam, Namita, and Aman backed off, while Ashneer was interested but not involved in the dealing process.

Peyush Bansal offered 25% equity for 50 lakhs, with 25 lakhs given in hand and the remaining 25 lakhs on debt. The pitchers then countered with an offer of 20% equity for 50 lakhs, taking into consideration the loan condition.

Ultimately, the final deal was made with Peyush Banshal for 25% equity for 50 lakhs, with 25 lakhs in hand and 25 lakhs on loan. It is unclear what happened to PNT Robotics after the show, but they would have received funding and guidance from Peyush Banshal, who is the founder and CEO of Lenskart, one of India's leading eyewear companies.