SaveSage an AI-powered platform that helps users maximise credit card rewards and travel benefits, stepped into the Tank on Shark Tank India Season 5 Episode 3. Founder Ashish Lath showcased how the app pinpoints the best ways to redeem points, share rewards optimisation strategies, and demonstrated real-world results including extensive free travels and benefits from strategic credit card usage.
The Sharks were impressed by the founder’s personal use case success and the platform’s practical consumer value proposition. After negotiations, SaveSage secured a multi-Shark deal, reflecting confidence in the business model.
Investment Details
| Company | SaveSage |
| Founders | Ashish Lath |
| Website | SaveSage |
| Season | Shark Tank India Season 5 |
| Original Ask | ₹1 Crore for 1% Equity @ Valuation ₹100 Crore |
| Investment Secured | Yes |
| Deal | ₹4 Crore for 4% Equity @ Valuation ₹100 Crore |
| Investor | Kunal Bahl, Anupam Mittal, Namita Thapar & Mohit Yadav |
Key Takeaways for Founders
- Demonstrate real-world user outcomes actual savings stories resonate with investors.
- Platforms with scalable technology and recurring consumer value are highly attractive.
- Be prepared to justify valuation based on traction and revenue model clarity.