Kibo Shark Tank India Season 3: Entrepreneurs are humans who can find solutions to any problem with an innovative approach. Trestle Labs Pvt Ltd is one such startup by two visionaries who do not want to suffer any person with visual disability and thus they have innovated Kibo. To learn more about Kibo by Trestle Labs Shark Tank India Season 3, stay tuned with us till the end.
Kibo Shark Tank India Season 3
Kibo is the ultimate solution by Trestle Labs that helps the visually impaired to listen, translate, and digitize any kind of content including printed, handwritten, digital, etc. The founders of Trestle Labs presented their products to the Sharks and were all too impressed with the products and the founders.
Trestle Labs Shark Tank has multiple products in their portfolio as of now and these are Kibo Mobile App – Choose any kind of content and it will translate into audio for you, Kibo XS Device – It can do the same for hardcopy or handwritten documents, and Kibo Desk Web App.
Currently, Kibo is operating in around 22 countries and is able to convert the content into 60+ global languages. Kibo has empowered 1,00,000+ lives by helping to listen, translate, and digitize any kind of printed, handwritten, and digital content.
Founders of Trestle Labs
Akshita Sachdeva and Bonny Dave are the founders of Trestle Labs established in 2017 while Kibo was launched in 2019.
Akshita completed her schooling at Modern Vidya Niketan and then enrolled at the Manav Rachna College of Engineering to pursue her Bachelor of Technology in Computer Science in 2012 which she completed in 2016. She has surpassed a long journey since she founded Trestle Labs for a noble cause.
In October 2017, she joined Digital Impact Square, TCS Foundation as an Innovator and left it in August 2018 to be a part of the Women Entrepreneurship and Empowerment (WEE) Foundation. After that, she was an AISEA Fellow for 5 months, UnLtd India Fellow for 1 year, AFI- WISE Fellow for 6 months, and Halcyon Fellow Cohort 16 since February 2022. She is the co-founder and CEO of Trestle Labs Pvt Ltd.
Bonny Dave completed his schooling at Shree Swaminarayan Naimisharnya Gurukul and then enrolled at Nirma University, Ahmedabad, Gujarat, India to pursue his Bachelor of Technology in Mechanical Engineering in 2013 which he completed in 2017.
He started his professional career journey at the Mechanical Engineering Students’ Association as a Technical Head in 2015 and worked for 1 year and 10 months. He was also the Royal Academy of Engineering Fellow. Now, Bonny is a co-founder of Trestle Labs Pvt Ltd.
Meet: All the 12 Shark Tank India Season 3 Judges.
Kibo Shark Tank Business Deal
Trestle Labs Shark Tank India Season 3 episode streamed on 12 February 2024. The founders of Kibo presented their business, product, and vision to the Sharks and asked for Rs 60 lakh in exchange for 1% equity. The first offer was given by Ronnie Screwvala and Peyush Bansal together which was Rs 60 lakh for 10% equity. Aman also gave them an offer which was Rs 60 lakh for 4% equity.
The founders took a minute and made a counteroffer for Rs 60 lakh for 1.5% equity. After discussion finally, the deal was locked with Peyush Bansal and Ronnie Screwvala for Rs 60 lakh in exchange for 6% equity.
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In this write-up, I have shared all the crucial details regarding Kibo Shark Tank India Season 3 including pitch, startup, and founders. The founders of Trestle Labs are on a mission to empower blind or visually impaired people by providing them with solutions with Kibo.
Hope this Trestle Labs Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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Who is the founder of Trestle Labs?
Akshita Sachdeva (CEO) and Bonny Dave are the founders of Trestle Labs established in 2017.