ABC Fitness Academy Shark Tank Pitch:
ABC Sports & Fitness Academy is a fitness Academy founded by Anirudh Pol and Roshan Pol. Their aim is to elevate children’s playtime into structured sports activities, fostering a culture where sports become an integral part of kids’ lives.The academy stands out as the first Children’s First Academy for Professional Sports Tournament, organizing professional sports events. It aspires to imbue children with life values through sports, fostering a transparent, national-level platform for budding athletes through expert coaching.
With affiliations like the Thane District Basketball Association, ABC Sports & Fitness Academy offers professional training in tennis, skating, gymnastics, taekwondo, football, table tennis, badminton, and swimming. Backed by 85+ coaches, they’ve impacted over 3000 sports-driven youngsters.
Their focus extends beyond mere skill development, creating an environment that celebrates children’s achievements in sports, motivating them to progress further. The academy’s vision centers on providing diverse sports coaching opportunities, emphasizing the holistic development of aspiring athletes while subtly challenging existing norms in the sports and fitness industry. Their Projections for FY22-23 are at ₹4.5 Crores with 40% profits. Next year projections are at ₹6 crores.
ABC Fitness Academy Shark Tank Negotiations & Funding:
Vineeta thinks it’s a tough business to scale therefore she steps out of the negotiations. Aman goes out citing his lack of expertise in this area. Anupam comments that they need a political influence to grow this business which founders didn’t focused on therefore he goes out of the deal as well. Another Shark Namita stepped out of the negotiations after hearing Peyush’s offer as she thought that offer was very good even though she wanted to support the cause.
Peyush puts out the first offer ever though he felt it was too early but he liked the fighting spirit of entrepreneurs. He offered ₹40 lakh for 10% of the company due to Peyush’s interest in the sport and founder’s vision. Founders counter at 6% which he refused and said his offer is non-negotiable. ABC Fitness accepted the offer of Peyush of ₹40 Lakh for 10% of the company.
Who are the founders of ABC Fitness Academy?
Anirudh Pol and Roshan Pol founded ABC Fitness Academy. They are from Pune. They are both Engineers. Anirudh graduated from Pune University. They are cousins.
How is ABC Fitness Academy doing after Shark Tank India?
Our research in the company revealed that their Shark Tank India deal with Peyush Bansal did indeed close after the show aired. Peyush even attended season 2 of the Pro Basketball League along with Namita Thapar who owns a team in that league. Interestingly, this event was also sponsored from another Shark Tank India company, Recode Studios along with Peyush’s Lenskart.
Anirudh shared on The Startup Trends that Peyush called them to Delhi and is very down to earth. He added that their website crashed after the show aired but they couldn’t monetize because they are not a consumer faced company but the show still gave them validation. Additionally, Anirudh shared that they would use Peyush’s connections to expand across India.
Source: Instagram @the_badass_coach369
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