Disha Shidham hopes to partner with a Shark on Savy, her comparative pricing app, in Shark Tank episode 917. She started the business – originally called Tac Board – when she was a senior in high school. Savy is an app for millenials who have “high stylistic tastes, but low spending power." Once you sign up, you can browse through products, name a price you are willing to pay, and when your price is accepted, you get an email.
Shidham got her start at the MIT Summer Launch Program. Further involvement with other start-up incubators/educators such as the Rev1 Concept Academy, Draper University Entrepreneurial Studies, and Catapult allowed her to continue the journey. She has such high hopes for her business, she deferred her acceptance to the University of Michigan in electrical engineering.
Savy has products from big box retailers, independent designers and mom and pop boutiques. When they tested the original beta, 90 percent of users bought when they got the price they want. The list of current partners offering goods through the Savy app is small, but Shidham hopes those numbers will grow with a Shark as a partner. She likely wants to leverage her appearance and a Shark partnership to recruit more retailers and users for the app.
Will a Shark want to help save this business?
Savy Company Information
Posts About Savy on Shark Tank Blog
Savy Shark Tank Recap
Disha will pitch the panel of five Sharks on the business and its prospects for growth. She'll need to convince Mark Cuban, Daymond John, Kevin O'Leary, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but she’ll need to show them SHE is capable of running the company to “Shark standards." A full pitch re-cap on Savy will be available on Shark Tank Blog once this episode airs.
The Cut Buddy Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Savy and Disha Shidham as more details become available.