Aman gets a superb idea and a worthy competition. boAt will surely come up with one such item. Also, hats off to Vineeta, Varun & Peyush to make an offer understanding the value that this can create!
Those who are wondering what this thing is, This ring is just a normal ring with NFC built in it.. It's available in CHINA for around 3-4 RMB (Rs.40-50)..Looting people nothing else. They have themselves told that they are Assembling in India which comes under the Umbrella of MADE IN INDIA.
True. People need to know the complete truth instead of blindly trusting such so called "innovations". Exact Same thing based on NFC is available for free on new debit,credit cards/mobile phones which are issued nowadays. You all would've seen in ads or somewhere where they show how only merely touching or bringing the Visa card/phone close to the swiping machine completes the transactions below ₹2000. This is the same thing, just in the form of an expensive smart ring.
Let them do business man Nobody in india atleast thought of this and they have got patents So if you are not gonna buy it then just sit back and relax Manufacturing will not take place overnight Your kind of people are the reason Manufacturing never took off in india You don't even understand that Manufacturing starts with assembly then you add value and create local supply chain DUMB
My observations and based on best of my knowledge: 1. These are available globally and it is not only ring but also bracelet, necklace etc. and all operate through a wallet system which is a PCI standard. 2. People using public transport will not spend thousands for these rings. 3. Not sure how they are giving cash back, but if it is through additional % on MDR (Merchant Discount Rate), Merchant Acceptance will be tough particularly in India. 4. Cross Border transactions could be a challenge (which is an opportunity to make actual big money). 5. If this gets missed, it will be difficult to find it. 6. Behavioral change for merchants (apart from big merchants where POS are used frequently) to use POS rather than a simple scan by customers to pay and make customers to load the wallet every time (like PayTM wallet) will also be a challenge.
i am happy for these guys. also aman was jealous that sharks out nahi hue pichle season ki tarah competetor ke ane pe.. good to see sharks supported their friend competitor
I think it's a wrong thinking. Middle class people are paying way more on many things which are not necessary but add ons.. see how cult fit, lenskart, smartwatch etc.. when did India start finding smart watches as necessity? That's the changing generation. And many are still left behind in analysing market by their backward knowledge about the country.
The payment mode is a seamless mode. You don't have to take out your phone or wallet in a crowded space. And the ring for metro and transit payment is for 1500 not 4500.. A very smart product..
Would be great for future. May be should add bit more security in terms of sensory identification of pf owner and this would be good to go. Sharks got a jackpot. There's a reason why peyush wanted it badly.. you could see it in his eyes.
Indian Elon Mask😄Most amazing, confident entrepreneur in shark tank..👏🏻👏🏻👏🏻 Wish your product make it big worldwide. Your never gave up attitude & patience will be a big success story in future that's my gut feeling. That wave gonna be crazy in India where everyone gonna pay like this. Definitely gonna buy one ring.. ⭐ btw, Aman was lost during whole conversation thinking why we didn't know this & frankly bit jealous of the product innovation😅
Kuch nhi hota hai bakwaas cheez hai Jab valuation badhana hota hai par equity nhi dena hota hai toh laga dete kuch bhi Jaise kisi dur rishtedaar mein kisi ka function hota hai jaa nhi sakte toh kisi dusre k hathon se kuch paise de dete hai Waisa hi kuch hota hai advisory equity😂😂
Bro, advisor is most important… mai jis company me kaam krta hu vaha pe agar board of directors me decision lene me dikkat hoti hai vo log advisor ke pass jaatey hai …. Advisor Bahutu important role hota h….
This isn’t some brand-new idea. McLear actually came out with the first contactless NFC smart ring way back in 2013 and this tech still hasn’t broken through. If they’d just pack in stuff like health tracking or phone notifications, like Samsung’s doing with their smart ring, maybe then they’d have a shot at catching on.
saying everytime and saying again Peyush is the most intelligent, humble and visionary shark in the tank. He never argues with anyone, always motivates and educate founders and talks only sensible and to the point no nonsence. I am fan of him.
if i was shark i would defin invest as this is a futuristic idea... and the fact that the ceo did not give up even in 7 years shows that he can be the ceo to invest on
Its cool ring to show off but in reality most of the vendors in india have QR stickers and not machines so this ring is only accessible at limited portion for digital payments 😊
These people are not inventors or innovators but they are mere importing these rings from Shenzhen, China. Then they are simply putting a label on it and selling it as Made in India.
Sharks ne Mind mein daal rkha hai ki agar koi Banda Apna Bussiness lekar ata hai aur vo Bussiness 5 sharks ke related hai to vo unko kbhi bhi Investment nhi karenge
www.sonyliv.com/shows/shark-tank-india-1700000741?Uo_kT8hT79g
He will become Indian elon musk😂
That's a great idea and a great product. Aman was just too jealous lmao
Great idea lol 😂😂 copy paste from china they just assemble here dumb don't be blindfold
imao mean?
हिंदी में बताओ भाईलोग
@@RishiKajal laughing my ass off
😄😄😄😄😄😄
Just Dropshipping from China
If jealousy had a face see aman s face 😂😂 when they got the deal
@aamirchaudhary535 dude, he literally said “saath mil kar grow karte hai!”
Aman ko koi batao har baap ka koi baap ata hai
@AdityaJha-q5i Business fight karke hi banta hai.।
The man look like Elon Musk
But works are not like elon musk
right
Lmao 😂 I thought same when he enter
same mai bhi socha
yesssssssssssssss lol
5:57 Dave Batista in the House.
😂 aur bande ne kuch pucha bhi nhi
Aman gets a superb idea and a worthy competition. boAt will surely come up with one such item. Also, hats off to Vineeta, Varun & Peyush to make an offer understanding the value that this can create!
Titan Already launch such, in-built in their smart watche's strap
I will never trust boat in payment interface device s
Aman face😂 seems like didn't understood the tech behind this tech
😂😂
Well, of course, he has been doing white labelling since the beginning, so we can't really expect him to understand tech.
So true 😂😂😂
Copy kaise kare sich raha tha...
Good to see Aman Gupta welcoming these guys in the market and motivating them to grow at a fast pace, instead of treating them like a competitor!
1:05 Missed opportunity of a payment of Rs. 7.
Yes
Those who are wondering what this thing is, This ring is just a normal ring with NFC built in it.. It's available in CHINA for around 3-4 RMB (Rs.40-50)..Looting people nothing else. They have themselves told that they are Assembling in India which comes under the Umbrella of MADE IN INDIA.
They are saying that they have patent so?
True. People need to know the complete truth instead of blindly trusting such so called "innovations".
Exact Same thing based on NFC is available for free on new debit,credit cards/mobile phones which are issued nowadays.
You all would've seen in ads or somewhere where they show how only merely touching or bringing the Visa card/phone close to the swiping machine completes the transactions below ₹2000.
This is the same thing, just in the form of an expensive smart ring.
Let them do business man
Nobody in india atleast thought of this and they have got patents
So if you are not gonna buy it then just sit back and relax
Manufacturing will not take place overnight
Your kind of people are the reason Manufacturing never took off in india
You don't even understand that Manufacturing starts with assembly then you add value and create local supply chain
DUMB
Baap ke paiso se recharge se comment mai hate dene wale 💩💩
F*king jealous
@@ashwanithakur5622true but haters are always there
Veenitha is looking a girl boss🔥
Yes❤
Wdym by " looking " ?? She is a girl boss
Hahahha only one 😂
At the end of the deal closer see Aman's face 😂😂😂😂😂
7:17 Govinda spotted🤣
My observations and based on best of my knowledge:
1. These are available globally and it is not only ring but also bracelet, necklace etc. and all operate through a wallet system which is a PCI standard.
2. People using public transport will not spend thousands for these rings.
3. Not sure how they are giving cash back, but if it is through additional % on MDR (Merchant Discount Rate), Merchant Acceptance will be tough particularly in India.
4. Cross Border transactions could be a challenge (which is an opportunity to make actual big money).
5. If this gets missed, it will be difficult to find it.
6. Behavioral change for merchants (apart from big merchants where POS are used frequently) to use POS rather than a simple scan by customers to pay and make customers to load the wallet every time (like PayTM wallet) will also be a challenge.
👍👍👍👍
The thing is, we don't have civic sense to use these things.
@plusultra7258 logic 🤡
21:21 7ring ceo ❌ elon mask copy ✅😅
yaar litrally
I thought he is Elon Musk 🤣
Aman is spotted searching for this ring in china market 😂
That's a great idea and a great product. Aman was just to jealous Imao
i am happy for these guys. also aman was jealous that sharks out nahi hue pichle season ki tarah competetor ke ane pe.. good to see sharks supported their friend competitor
Direct competitor thori hai
"Wow, my Galaxy Watch 4 Classic LTE (2021) also has tap-to-pay! Guess it's not just fine wine that gets better with age. 🍷⌚💳"
Aman ka sahi hai, badhiya admi hai , he wasn’t interested in the product, he gave an advice and moved on
If it's for transit and middle class people travel through metro, train buses etc.
Then , I don't think they would spend 4000 on a ring
Agree ..ajj kal to Mobile phones par hi wallet system hota hn...if I can make payment from mobile why would I wear these rings
bro 1% cashback bhi to de rha usse tere saare paise bhi to nikal jayenge
I think it's a wrong thinking. Middle class people are paying way more on many things which are not necessary but add ons.. see how cult fit, lenskart, smartwatch etc.. when did India start finding smart watches as necessity? That's the changing generation. And many are still left behind in analysing market by their backward knowledge about the country.
1500 ka bhi hay
The payment mode is a seamless mode. You don't have to take out your phone or wallet in a crowded space. And the ring for metro and transit payment is for 1500 not 4500.. A very smart product..
16:20 What is this?? You are a shark there not a competitor 🤷🏻
They are. Boat also makes rings
@kalpaxrage I know, but in the show, he is a shark, and it's better that he treats everyone as a shark who comes to pitch their business.
The most insecure and self obsessed shark of all
This gonna be a big business for sure....
main question to poocha hi nahi agar ye ring chor ko mili tab??
Wohi toh. Like no pin, no verification and direct payment??
Bro...💀
Maje hi maje 💀
App banaya hua h uske liye
Disconnect karne k liye
@@travishead_14 matlab, japtak pta nhi chalega, tab tak jitna chahe utna udao🫠
Max 2000 ka payment hoga
5:57 some thoughts bubbling in Prawnhead 🤣🤣🤣🤣
17:44 20:01
Can I ask why did you note that Surfer timeline?
Would be great for future. May be should add bit more security in terms of sensory identification of pf owner and this would be good to go. Sharks got a jackpot. There's a reason why peyush wanted it badly.. you could see it in his eyes.
Vineeta's dress looks so cooll
Aman is truly the smartest one, he sat and heard the whole pitch patiently and then reacted accordingly.
4:26 4:26 4:27 ❤❤❤❤❤ 4:29
Indian Elon Mask😄Most amazing, confident entrepreneur in shark tank..👏🏻👏🏻👏🏻 Wish your product make it big worldwide. Your never gave up attitude & patience will be a big success story in future that's my gut feeling. That wave gonna be crazy in India where everyone gonna pay like this. Definitely gonna buy one ring.. ⭐ btw, Aman was lost during whole conversation thinking why we didn't know this & frankly bit jealous of the product innovation😅
advisory equity kya hai ? 22:12
sharks bass unnhe advice or guidence denge apni , yeh matlab hai
In short free ki equity 😂😂
Kuch nhi hota hai bakwaas cheez hai
Jab valuation badhana hota hai par equity nhi dena hota hai toh laga dete kuch bhi
Jaise kisi dur rishtedaar mein kisi ka function hota hai jaa nhi sakte toh kisi dusre k hathon se kuch paise de dete hai
Waisa hi kuch hota hai advisory equity😂😂
Bro, advisor is most important… mai jis company me kaam krta hu vaha pe agar board of directors me decision lene me dikkat hoti hai vo log advisor ke pass jaatey hai …. Advisor Bahutu important role hota h….
This isn’t some brand-new idea. McLear actually came out with the first contactless NFC smart ring way back in 2013 and this tech still hasn’t broken through. If they’d just pack in stuff like health tracking or phone notifications, like Samsung’s doing with their smart ring, maybe then they’d have a shot at catching on.
Moral : act quickly to publish the product.2017, 2018 mey hi fund leke launch kardiya hota tho sala ae aj tak top product hojata
saying everytime and saying again Peyush is the most intelligent, humble and visionary shark in the tank. He never argues with anyone, always motivates and educate founders and talks only sensible and to the point no nonsence. I am fan of him.
Kudos to Aman for being supportive instead of being insecure. Thumbnail says otherwise, lol!
Veenitha ❤❤❤
Aman think I lunch this rings import from China 😂😂😂😂😂
Basically making transactions will be easy for you and also for the one who will get access to your ring 🙂
No way💀💀
Actually I was thinking. Why none of the sharks asked this question 😭
Her voice is Same like Anuppam sir's 😊
CTO is nervous from the start, i cant stop laughing 😅😂, but nice tech buddy
We got Indian Elon Musk before GTA 6
Aur karo Subscribtion ka khel,
Akhir me UA-cam par hi sabse jayda VIEWS milega 😂
if i was shark i would defin invest as this is a futuristic idea... and the fact that the ceo did not give up even in 7 years shows that he can be the ceo to invest on
par aaj kal to phone mai hi NFC ata he in-built, to iski kya jarurt hai?
Smartwatch ke sare feature phone much better available he lekin fir bi log smartwatch pahente he
Aman be like how to inculcate this feature in boat rings asap 😂
Aman is shocked because bhai soch rhe hai ki maine kaise ye nhi bna payi
Tech me Aman is the one to trust, toh agar he is out its definitely for a reason.
Aman does not manufacture its products himself, he sells them after white labelling them
Tony stark is looking awesome 😂😂😂
Unli toh 5 hai lekin brand ka nam hai 7 rings, do u know why because......🏏
Thala for a reason
Really good product but prices are on the higher side. They should lauch silver and platinum version too.
Aman is clearly not happy here 😂
Great Invention ❤
Aman ko lagta hai uske alawa koi entrepreneur nahi hai Khali uski ka boat company hai koi na bhai dubega ekdin oo vhi😂
Aman be like - hum bhi add kar lenge 😄
Samsung pay nahi suna he kya? Same NFC based payment hota he
Ashneer is real need of “sharktankindia”
just one thing missing. if they add health sensors like basic step counter. i am ready to buy
Good initiative hope future more specifications are include❤
Almost looking like Elon mask
Very good innovation😊
Aman be like : Meri toh lag gayi !!
This happens all the time .Never say we want all sharks .let compete them among themselves . If you say hame saare sharks chahiye Fir lut lete hai 😂😂😂
Ultimately they have to provide fitness features in it.
Elon musk type of Face 😅😅😅
Tulkooo tulooo🛑🤣🤣😂😂
Founder Elon Musk ki jhalak de rha hai.
Its cool ring to show off but in reality most of the vendors in india have QR stickers and not machines so this ring is only accessible at limited portion for digital payments 😊
Just for 1500/- wow mind boggling😮
Good product
Someone tell them we're not gonna buy subscription just start uploading here
Better than Anarc Watch
Agar Aaj Namita hoti to bolati ismein meri expertise nahin hai to isiliye main Aaj isase out hun Hun but best of luck for you 😅
Kuchh Bhi Ho Jaaye sonyliv download Nahin Karunga dhundh dhundh ke video dekhunga😂
Aman Gupta is the goAt 👑
I think this is gonna be on fire They're gonna regret this, keep it up guys
Super pitch ❤❤❤❤❤
Jisjis nai like kiya woh exam mai pass hi jayai ga
😂
Likes Bhikari 🤣💀
These sharks don’t know that Samsung Pay exists in India and works flawlessly
Shana hai aman bhai ghate ka sauda nh karta aman bhai😂
Amazingg❤❤❤❤
I use my Samsung watch for payment. By the way nfc chips in your card also work without charging.
samsung ring exists already
This is very useful product
That middle guy look like a Elon musk ❤
Ritesh agarwal invest that product
Samsung ring is available in market..
These people are not inventors or innovators but they are mere importing these rings from Shenzhen, China. Then they are simply putting a label on it and selling it as Made in India.
What if the ring got stolen or fell in water?
Doesn't one of them look like anupama's son also it costs less than 100 rs in china they are drop shipping
Sharks ne Mind mein daal rkha hai ki agar koi Banda Apna Bussiness lekar ata hai aur vo Bussiness 5 sharks ke related hai to vo unko kbhi bhi Investment nhi karenge
I don't understand if i wanf to pay 10 rs how i am able to pay that
Isme aman gupta help karna chahiye tha in logonko because india ka entrepreneur india ko hi help karna chahiye or yah naraj hai 😂😂😂
5 fingers with name 7 rings ...
Thala for a reason 🏏
I am going to buy this ring
Good invitation 😊✅ these are elon musk brothers 😂😂
Thala for a reason 😂
Thala for a reason ❤❤❤
Uff Aman's face 😂 I can smell jealousy
Theft will be a big concern here, anyone who gets their hand on the ring can use the money stored in it