More About The Rage Room
People are provided with several items to vent their anger out. These items include bottles, fridges, washing machines, TVs, air conditioners, and more.
Founders of The Rage Room
Pusarla Venkat Suraj is the founder of The Rage Room, a unique experience room business.
The Rage Room Shark Tank Pitch and Updates
Pusarla Venkat Suraj appeared on Shark Tank India season 3 and shared details about his unique business model with The Rage Room.
The founder started his pitch by demonstrating how the rage rooms work and how a customer can experience the facilities. The founder also shared that he wants to help reduce violence and rage situations by allowing people to vent their anger in a private space.
As per the founders, they are available in Hyderabad and the ragers have broken more than 500 products in the past.
After that initial pitch, the founder demanded INR 20 Lakhs for 30% equity at a valuation of INR 66.67 Lakhs.
After that, the Sharks started asking various questions about their business:
- Vineeta Singh appreciated the founder for his unique business idea and what led him to start this business.
- Anupam Mittal asked the founder how beneficial this business is for people and does that work.
- Aman Gupta went into the test room and tried the process. He felt it eventually increasing aggression and anger.
- Peyush Bansal asked the founder if there was any medical or research-based evidence that it worked or not.
- Namita Thapar suggested to the founder that he should not promote it as an anger management tool to misguide people.
After all the discussion, the founder was not able to receive any investment offers from the Sharks because the business was not in a position to raise investments.
Company Name | The Rage Room |
Founders | Pusarla Venkat Suraj |
Headquarters | Hyderabad |
Founded Year | 2022 |
Business | Rage and Splash Rooms |
Profitability | No |
Shark Tank Episode | Season 3 – Episode 23 |
Asked For | INR 20 Lakhs for 30% equity |
Deal | No Deal |
Sharks Invested | No Deal |
Valuation Given | No Deal |
Website | Click Here |
The Rage Room was not able to secure a deal in Shark Tank India because of various reasons shared by the Sharks.
Frequently Asked Questions About The Rage Room
After their appearance on Shark Tank India Season 3, people tried to find more information about Artinci. So here are some of the frequently asked questions about them.
1. Who Is The Founder of The Rage Room?
Pusarla Venkat Suraj is the founder of The Rage Room, a unique experience room business.
2. Is The Rage Room From Shark Tank India profitable?
Yes, The Rage Room is a profitable business and they were making around INR 44,000 margin on a monthly revenue of around INR 1,50,000.
3. What happened to The Rage Room after the Shark Tank?
The Rage Room was not able to secure an investment in Shark Tank India. However, they are focusing on scaling their business at a local level.
4. What Is The Valuation of The Rage Room?
The Road Rage came on Shark Tank India to raise investment at a valuation of INR 66.67 Lakhs.