In the latest episode of Shark Tank India’s third season, Trestle Labs, a pioneering company, showcased their revolutionary AI-powered technology, Kibo, tailored to assist the visually impaired. Kibo offers a groundbreaking solution, allowing users to listen to, translate, and digitize printed, handwritten, or digital documents, effectively bridging the accessibility gap.

The founders of Trestle Labs, Akshita Sachdeva and Bonny Dave, embarked on an inspiring journey driven by their mission to create a more inclusive world. Their dedication led to the development of Kibo, which has already achieved significant milestones, including generating Rs 1 crore in revenue. With high hopes, they entered the Shark Tank India stage, seeking an investment of 72K for 1% equity to further expand their impact.

During the pitch, Aman initially expressed interest in Trestle Labs, offering 60 Lakhs for 3% equity. However, after careful consideration and consultation with fellow Sharks, Aman ultimately withdrew his offer. This left the founders to negotiate with the remaining Sharks, who recognized the immense potential of Kibo but were hesitant to invest due to the company’s valuation.

Impressed by Trestle Labs’ mission and the Kibo technology, Peyush Bansal and Ronnie Screwvala decided to join forces and offer 72K for 6% equity, valuing the company at Rs 10 crore. Akshita and Bonny gladly accepted the offer, sealing the deal and securing the resources necessary to make Kibo accessible to millions of visually impaired individuals worldwide.

Trestle Labs’ Kibo is a testament to the power of innovation and the unwavering commitment of its founders in the ever-evolving landscape of assistive technologies. With the support of Peyush Bansal and Ronnie Screwvala, the future of Kibo and its potential to revolutionize accessibility for the visually impaired is brighter than ever.

Key Points:

• Shark Tank India Season 3 Episode 16: Trestle Labs presents Kibo, an AI-powered technology for the visually impaired
• Kibo enables users to listen to, translate, and digitize printed, handwritten, or digital documents