IIT, IIM Founders Lose Shark Tank Deal Over Lack of AI Integration

• Sovrenn, a stock trading platform founded by IIT and IIM graduates, failed to secure a deal on Shark Tank India 5.
• The founders, Akriti Swaroop, Aditya Joshi, and Apoorva Joshi, boast impressive educational backgrounds from IIT Kharagpur, IIT Delhi, and IIM Calcutta.
• Sovrenn, established in 2023, provides consolidated stock data and promotes financial literacy, with over 1.25 lakh users.
• Sharks Aman Gupta, Kunal Bahl, and Anupam Mittal expressed concerns over the company's manual-driven approach and absence of AI integration in its roadmap.
• Anupam Mittal advised the founders to embrace AI, stating, "Start embracing AI today, not tomorrow," while Aman Gupta highlighted AI's disruptive impact on businesses.

Why It Matters: Despite strong academic backgrounds, Sovrenn founders lost a Shark Tank deal due to their platform's lack of AI integration.