Playbox TV or Playboxtv is a streaming platform that got featured in Shark Tank India. Read This article to know about playbox, playbox tv shark tank, playbox tv app, playbox tv apk, playbox tv founder, playbox login, shark tank india, shark tank India audition 2021, and sony shark tank.
|Company Name||PlayboxTV / Playbox TV|
|Business Category||Video Streaming and Internet Provider|
|Valuation||Rs 28.57 Crores|
|Funding Asked||Rs 1 Crore for 3.5% Equity|
|Rival Companies||JIO Fiber and Airtel Xtreme|
|Investors||Peyush Bansal (EXITED)|
Introduction to the Pitch | Shark Tank India
Aamir Mulani and Soham Donde are the founders of Playbox TV. They started their pitch by telling the different content consumptions of Indian households like how Bunty likes to watch Match, Sister likes to consume movies and Dad wants to stay updated on current affairs. They have to pay for a different subscription they use like OTT, TV Cables. After paying this too then also you do not get to avail these services at one stop because if you want to watch live TV then connect cable or if OTT then you have to download multiple apps. To solve all such problems they are coming with PlayboxTV.
What is Playbox TV? | Shark Tank India
Playbox TV Can be installed on a Mobile phone, Mobile TV, FireTv stores, and other apps. You can watch any of the TV Series and Live TV on this Playbox TV. There are more than 40+ streaming services on this app and with only 1 subscription fee.
What is their ask from Sharks? | Shark Tank India
They have asked for Rs 1 Crore in exchange for 3.5% Equity. The valuation of the company is Rs28.57 Crores.
QnA | Sharks asking PlayboxTV | Shark Tank India
What is their competition with?
There are cable operators who are now shifting towards the internet but they are in no way competing with Jio Fiber and Airtel Xtreme. There are 2 Crores households having broadband connection but you will be surprised after hearing that there are 100 Million households having TV Cable connections.
How do they give their service?
They give cable operators their boxes and ask them to bundle them with their broadband connection as their customers are going with big telecom companies. the price varies from Rs99 to Rs999.
They are ahead of FireTV. Playbox in Rs499 Pack gives Amazon Prime, SonyLiv, Zee5, Shemaro, Epic on, and 350 Tv channels. They are having 87 partners across India and 36000 Consumers on their platform.
What are the sales of Playbox TV?
The last month sales of
- Oct21- 87 Lakhs
- Sep21- Rs62 Lakhs
- Aug21- Rs59 Lakhs
- July 21- Rs53 Lakhs
1:1 | Sharks investing in Playbox TV | Shark Tank India
She thinks that if this company reaches 1 million consumers then jio might take them as competition and make the services free. Jio can also partner with cable operators or acquire the whole company. For this reason, She is out from Pitch.
This business is a consumer acquisition engine and dependent on local cable operators and Reliance is also looking at them. This game is going to end soon. He wished them the best and stayed out of pitch.
She is not able to relate to a product which is the reason she is out.
Ghazal only invests in Businesses where she understands the product and knows how it is solving a big problem. Due to this reason, She is out
He asked whether someone is doing the same business or not. He made an offer after clearing all of his doubts.
Offer- Rs50 Lakhs for 20% Equity and Rs50 Lakhs as Debt at 12% Interest.
Will the Deal be closed or Not?
After knowing that the partner is the son of the second owner (40% Equity holder) then he exited himself from the owner.
Don’t forget to read this!
You can read about these Sharks and Creators and How they build their Billion Dollar Brands by clicking down on their respective Names.
- Aman Gupta-CMO and Co-Founder of boAt Headphones
- Ashneer Grover– Founder of BharatPe
- Vineeta Singh– CEO Sugar Cosmetics
- Anupam Mittal– CEO and Founder of Shaadi.com