On Shark Tank Rs 15000 Primebook laptop gets Rs 75 lakh offer

On Shark Tank Rs 15000 Primebook laptop gets Rs 75 lakh offer



By India Today Tech: Shark Tank India Season 2 is streaming on the SonyLiv streaming platform. In the latest episode of Shark Tank India a Delhi-based startup founded by IITians got offers from all Sharks but the firm decided to take up Rs 75 lakh investment from Peeyush Bansal and Aman Gupta for 3 per cent equity. The startup Primebook received individual offers from Vineeta Singh, Aman Gupta, Peyush Bansal and Anupam Mittal, along with a combined offer from all five sharks.

As the name suggests, Primebook is a made-in-India Android laptop brand that during the Shark Tank India episode revealed their first-of-its-kind laptop for students called Primebook 4G. Commenting on getting an offer, Primebook Co-Founders, Chitranshu Mahant and Aman Verma said, "We couldn’t have asked for a better combo of sharks. We feel extremely lucky to get a chance to work with both." Bansal while handing over the cheque said that Gupta can help the team improve their hardware while he can aid in the upgradation of the software.

Primebook 4G is integrated with a 4G wireless SIM connectivity and runs on the brand’s Android 11-based operating system, PrimeOS. The company claims that it has extensively tested PrimeOS for compatibility with over two lakh Android apps. As far as the specifications are concerned, the Primebook 4G comes with MTK8788, an 11.6-inch HD screen, 4GB LP DDR3 + 64GB eMMC (expandable up to 200GB), 2-megapixel camera, and more. The company claims that the laptop offers 12 hours of battery life.

In their pitch to the Sharks, Primebook's founders highlighted that even though students can reduce spending on education by 85 per cent if they use a computer; only 1 out of 10 children in India get to use one. "The brand was built with a vision to empower 23 crore children in India by giving them access to a laptop that is high quality and offers the best price-to-performance ratios," the company said.

Watch Our Video: Our Pitch on Sharktank India

Primebook further reveals that "with a current valuation of Rs 25 crore, Primebook will utilize the raised funds to further strengthen the brand's tech infrastructure and marketing mechanism to reach its precise audience."

Talking about Shark Tank, Chitranshu Mahant, Co-Founder & CEO, of Primebook, said, "We are ecstatic about receiving this funding from Shark Tank. As a team, we have put our heart and soul into developing Primebook. Our vision is clear, we want every student in India to have access to a high-quality laptop for learning at a price point similar to that of a smartphone/tablet."

Additionally, Aman Verma, Co-Founder & COO, of Primebook said, "We at Primebook truly believe that geniuses can be built in every home. We want to ensure that access to tech does not become a roadblock for eager learners; rather, it becomes a conduit for their success. The investment from Shark Tank will allow us to hire the right team to help grow our vision and fortify our infrastructure so that we can reach learners across the country."

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Not only Windows laptops are costly but also they do not have the right ecosystem of apps, especially for digital education. All the e-learning apps are Android first and Primebook is an Android laptop with compatibility with all smartphone apps

Primebook is made in India. Primebook has patent-pending multiwindow and multitasking support for all android apps which ensures all existing android smartphone apps run seamlessly on PrimeOS. This app support is way better than a Chromebook. Primebook is more affordable, has a larger screen, it has 4G sim capability, more speed than the most affordable Chromebook available in India

Primebook has better ergonomics for students, it has laptop productivity, a larger screen size, and dedicated keyboard shortcuts. Primebook has multitasking capabilities which means while watching a video a student can simultaneously google search and create notes. This is not possible on a Tablet. Primebook gives more productivity than tablets as it has complete laptop productivity with the Android app ecosystem

Primebook are updated with March 2022 security patch update, which is the latest security update provided by google AOSP and it is being used by leading brands like Samsung, and Lenovo.

Primebook can continuously run a 720p youtube video for 9 hrs with a single charge. The charging speed is 10% to 100% in 1 hour.

Institutes or Parents can manage apps, manage websites, get usage reports, and control the devices at group and sub-group levels. This MDM essentially helps the institute create the right digital ecosystem for students.