OLL is a startup providing teachers’ and students’ online learning alternatives. In an episode of Shark Tank India, OLL co-founder Shreyaan Daga showed the sharks his pitch. By means of a large array of courses and tools like live classes, interactive quizzes, and progress monitoring, the platform seeks to give teachers and students a customized learning experience. OLL also has a social influence since it donates some of its earnings for the education of poor children.
OLL concentrates on classes for Grade 1 through Grade 10 on skill development. Usually, they are live interactive seminars for groups. STEM and UNESCO certify all of the classes. In 25 months, they have supported 35,000 students. Presented through schools, they provide six hero workshops covering robotics, coding, financial literacy, etc. The programme has an annual subscription cost of ₹2,000. In the past 28 months, they brought in over ₹2.2 Crore in income; last month’s earnings were ₹28 Lakh and profits came at ₹18 Lakh. There are three hundred of their active teachers.
Company Name: OLL
Founder: Shreyaan Daga
Product: Online Live Learning Platform
Highlights
1. EdTech Platform: OLL is an online learning platform that provides teachers and students with live, interactive skill-based courses.
2. Founder & Pitch: OLL, founded by Shreyaan Daga, valued the company at ₹15 crores and asked for ₹30 lakhs for 2% equity.
3. Final Deal: Vineeta Singh and Peyush Bansal agreed to pay ₹30 lakhs for 5% of the company, which brought the worth down to ₹6 crores.
4. Personalized Learning: To improve the learning process, features like live classes, interactive tests, and progress monitoring are included.
5. Focus on Skill Development: Provides classes that go beyond academics and emphasize practical abilities including communication, design, coding, and entrepreneurship.
6. Social Impact: A percentage of the sales is contributed to help impoverished youngsters with their schooling.
7. Growth in Post-Shark Tanks increased products, including a program to assist businesses in pitching to investors, and achieved notable brand recognition.
Pitch Details
Ask: ₹30 lakhs for 2% equity, valuing the company at ₹15 crores.
Deal: After negotiation Vineeta Singh and Peyush Bansal finished the deal at ₹30 lakhs for 5% equity.
Investors: The investment came from Vineeta Singh and Peyush Bansal.
Conclusion
OLL (Online Live Learning) impressed the Sharks with its innovative approach to skill-based education. Founder Shreyaan Daga showcased a strong vision for making quality learning accessible and interactive. Initially valuing the company at ₹15 crores, he accepted a deal of ₹30 lakhs for 5% equity from Vineeta Singh and Peyush Bansal, bringing the valuation to ₹6 crores. The pitch highlighted OLL’s commitment to education, personalization, and social impact. Post-Shark Tank, the startup gained visibility, expanded its course offerings, and strengthened its market position in the EdTech space.
