What Happened to Conker App After Shark Tank India?
What is Conker App?
Conker App is a skill-based startup. One can do different skill-based courses in the Conker App. Who will teach these courses you might ask?
Well, proven experts from relevant fields will do that.
The Conker App provides jobs also. When a student creates his account and completes different courses, he can put that in his resume and apply for a job in the same application.
Who is the Founder of the Conker App?
Arvind Arora is the founder of Conker App. Arvind is a chemistry teacher & YouTuber. He worked with multiple Ed-tech companies.
Conker App Before Shark Tank India?
The Conker App has been downloaded more than 900k times. The rating of this Conker App has 4.8* ratings and it has more than 60,000 reviews.
The daily active user is 6000. And monthly active users are 1.5 Lakhs.
How much money did he ask for on the pitch?
He came to Shark Tank India seeking ₹40 Lakhs for 1% equity in the business. Which gives the company a valuation of ₹40 Crores.
He’s also a YouTuber. He runs the channel “A2 Motivation by Arvind Arora” which has 17.1 million subscribers.
How much money did he raise for the Conker App?
Arvind raised 2 rounds for the business Conker App. In the first round, he raised money at ₹20 Crores valuation. In the second round, he raised money at ₹40 Crores valuation.
Many YouTubers invested in the company in the first round. Nikhil Kamath (the founder of Zerodha) invested in the second round.
How to get Conker App?
Previously, it was available on Google Play Store. But while I was writing this article, I couldn’t find it online in Play Store.
What are the Annual Sales of Conker App?
Their half-yearly sales are ₹1.2 Crores. Monthly sales are ₹22 Lakhs. The gross margin is 50% and the net margin is 8%. From the ₹22 Lakhs, his profit is ₹1.76 Lakh.
He earns ₹12 ~ ₹15 Lakhs with his YouTube channel.
Amit Jain asked him whether he’d be willing to merge those two income sources under one company. And Arvind agreed to do that.
Which shark gave Conker App an offer?
Peyush Bansal was out even before the pitch started.
Namita Thapar was out. She wanted a founder who could focus on one task at a time. She thought the founder was dealing with too many things at a time. That’s why she didn’t give any offer.
Anupam Mittal asked Arvind a couple of questions, and he couldn’t answer them properly. And he was also out.
Amit Jain was out. He wasn’t impressed with the numbers.
Aman Gupta was out. He thought the guy was an amazing YouTuber but not a good entrepreneur.
What deal did Conker App get in Shark Tank India?
Conker App didn’t get any deal in Shark Tank India.
Company Name | Conker App |
Founder | Arvind Arora |
Asked Amount | ₹40 Lakhs for 1% |
Final Deal | No Deal |
Shark | No Shark |
Company Net Worth | ₹40 Crores |
Company Website | conkerworld.com |
Company Status | Not Sure |
What is the net worth of Conker App?
Currently, the net worth of Conker App is ₹40 Crores.
Is Conker App still in Business?
Yes.