More About Push Sports
Push Sports develops and runs sports arenas in big cities that can be booked by parents, kids, and adults right from their smart devices.
They also tie up with schools to:
- design sports curriculum
- run sports programs, and
- develop sports infrastructure.
Founders of Push Sports
Nitin Pahuja and Puru Singh are the co-founders of Push Sports, a premiere sports company.
Push Sports Shark Tank Pitch and Updates
Nitin Pahuja and Puru Singh appeared on Shark Tank India season 3 and shared details about their sports company Push Sports.
The founders started their pitch by sharing the fact that a few years ago, opportunities in the field of sports were not enough. Parents were also not interested in letting their kids get into any sports activities. But, the time is changing now and the government is also promoting sports as a career of growth.
To take this opportunity forward and help people find the right training environment, they started Push Sports. Through Push Sports, they provide children with professional-level training, guidance, and opportunities.
As per the founders, they have connected with more than 80 coaches and focused on 10+ sports to prepare gamified assessments and structured curriculum. Thus, they are not a sports academy but a full-stack sports solutions company.
In the past, they have worked with more than 6000 students and have improved their overall health and physical abilities.
After that initial pitch, the founders demanded INR 80 Lakhs for 1% equity at a valuation of INR 80 crores.
After that, the Sharks started asking various questions about their business:
- Anupam Mittal asked the founders about their background and how they started this business.
- Peyush Bansal asked them about their business model and how they generate revenue.
- Aman Gupta appreciated their business model and was impressed by their business execution.
- Vineeta Singh was not that impressed by the numbers and future plans that the founders shared after a while.
- Azha Iqubal left the deal because the business scope was not clear and the founders were distracted by multiple categories and activities.
After all the discussion, the founders received two individual offers from Vineeta Singh and Peyush Bansal. The founders asked them to come together by combining the offers and the Sharks did the same to close the deal.
| Company Name | Push Sports |
| Founders | Nitin Pahuja and Puru Singh |
| Headquarters | Delhi, India |
| Founded Year | 2018 |
| Business | Full-stack Sports Solutions Company |
| Profitability | No |
| Shark Tank Episode | Season 3 – Episode 20 |
| Asked For | INR 80 Lakhs for 1% equity |
| Deal | INR 80 Lakhs for 4% equity with 2% Royalty Until INR 1.6 Crores is Recouped |
| Sharks Invested | Vineeta Singh and Peyush Bansal |
| Valuation Given | INR 20 Crores |
| Website | Click Here |
Push Sports secured a deal of INR 80 Lakhs for 4% equity with 2% Royalty Until INR 1.6 Crores is Recouped at a valuation of INR 20 Crores from Vineeta Singh and Peyush Bansal.
Frequently Asked Questions About Push Sports
After their appearance on Shark Tank India Season 3, people tried to find more information about Push Sports. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Push Sports?
Nitin Pahuja and Puru Singh are the co-founders of Push Sports, a premiere sports company.
2. Is Push Sports From Shark Tank India profitable?
No, Push Sports is not yet a profitable company. As per their Shark Tank pitch, their EBITDA was neutral for the financial year FY 23-24.
3. What happened to Push Sports after the Shark Tank?
Push Sports was able to secure a deal from Shark Tank India and now will be focusing on scaling their business and becoming profitable.
4. What Is The Valuation of Push Sports?
Push Sports was able to secure a funding on Shark Tank India at a valuation of INR 20 Crores.
