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Inirv Shark Tank Business

Inirv Shark Tank Summary

EpisodeSeason 9 Episode 14
Businesssmart stove safety sensor knob that detects temperature and smoke and allows you to remotely control your stove
Entrepreneur Ranjith Babu and Akshita Iyer
Asked For $800,000 for 8%
Accepted OfferNo/None
SharkNo Shark
Business StatusIn Business
Net Worth

Company Background

What is Inirv?

Inirv is a smart stove kit comprising stove knobs along with gas, smoke, and motion sensors. These sensors will prompt the knob to go off if they notice a high level of smoke or gas and little to no motion around the stove. Inirv stove kits can be controlled using smartphone applications such as Alexa.

Who is the Founder of Inirv?

An innovative gadget, Inirv is the brainchild of Ranjith Babu and Akshita Iyer. Ranjith is a resident neurosurgeon while Akshita was in the process of applying for medical school before she later decided to drop the idea so she could focus on Inirv. The company name is derived from the medical term, to innervate.

Founder’s Story

Founded in 2016, the Inirv company idea initially popped into Akshita’s mind at a time when her wheelchair-bound mother had come to live with her. They had gone out for a movie when Akshita suddenly remembered that she may have left the stove on.

She immediately returned home and found the place filled with smoke. Even though nobody was injured, her pet dog, who had been left home alone, was quite traumatized by the whole ordeal.

Akshita also had to deal with significant smoke damage. To raise funds for her invention, Akshita coordinated a Kickstarter campaign in 2017, which achieved the company’s 40,000-dollar objective in just a few days.

Afterward, the duo launched another campaign to gain more funds that could facilitate the integration of the product with Amazon’s Alexa.

Through their amazing backers, they achieved their goal a fortnight later. As of 2018, the company hadn’t completed any orders, but it has been keen on delivering to its backers.

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