Jaipur | Rajshree Upadhyaya | Founded in 2010, Avishkaar was established by Tarun Bhalla along with Rajeev Gaba and Yogita Bhalla with a mission to transform the way children learn science and technology. At a time when classroom education relied heavily on theory, the founders envisioned an ecosystem where students could understand concepts by building, experimenting, and innovating. This vision led to the creation of a company focused on experiential learning, helping children develop problem-solving abilities through practical applications rather than rote memorization. Operating under Building Blocks Learning Solutions Pvt. Ltd., Avishkaar gradually evolved into one of India’s prominent STEM education brands with a presence in schools across India and several international markets.
The company built its reputation through a comprehensive portfolio of STEM learning kits, robotics kits, coding courses, artificial intelligence programs, IoT learning modules, teacher training programs, and innovation labs. Instead of treating robotics and coding as extracurricular activities, Avishkaar integrated them into structured learning experiences that encouraged students to design, build, and program real-world projects. Its solutions catered primarily to schools, educational institutions, Atal Tinkering Labs, and parents looking to equip children with future-ready skills. As demand for hands-on STEM education increased, the company expanded its footprint to more than 5,000 schools across over 25 countries, establishing itself as a recognized player in experiential education.
The company’s progress also attracted investors. In 2021, Avishkaar secured a pre-Series A funding round led by Auxano Capital, with participation from Mumbai Angels and other investors. The fresh capital was used to strengthen product development, expand school partnerships, and scale the business. By the time the founders entered Shark Tank India Season 5, the business had already demonstrated steady financial growth. During the pitch, they revealed revenue of Rs. 7.63 crore in FY23, Rs. 10.36 crore in FY24, and Rs. 13.36 crore in FY25, while also turning profitable. The founders sought Rs. 80 lakh for 1% equity, valuing the company at Rs. 80 crore.
The live demonstrations of Avishkaar’s robotics products impressed the Sharks, who appreciated the founders’ technical expertise and their long-term commitment to improving STEM education. However, the discussion soon shifted to concerns around the company’s positioning, premium pricing, scalability, and the complexity of operating across multiple business verticals. Although the Sharks acknowledged the educational impact of the business, they were unconvinced that the model could generate venture-scale returns at the desired pace. As a result, Avishkaar walked away from the tank without securing an investment.
Missing out on a deal did little to slow the company’s momentum. The national exposure strengthened Avishkaar’s visibility among schools, educators, and parents, while the business continued expanding its ecosystem of robotics laboratories, DIY educational kits, coding platforms, and innovation-focused STEM solutions. As of 2026, Avishkaar remains operational, actively serving educational institutions in India and overseas while continuing to develop hands-on learning experiences that prepare students for careers in robotics, artificial intelligence, engineering, and emerging technologies. Its journey reflects how a clear educational vision, sustained innovation, and long-term commitment can build a business that creates impact even without securing funding on Shark Tank India.
