Savy was founded by Disha Shidham to assist consumers in saving money when they shop online. She sought to address an issue that many consumers encounter. People frequently desire to locate better discounts but they lack the necessary tools to keep track of them. Savvy was created to give consumers price control. Users could specify a price for an item they want using the app.
After that it kept track of prices and alerted the user when the price they had selected became available. The goal of this concept was to assist millennials who enjoy internet shopping but are also cost-conscious. Disha thought Savy could change the way people shop. She made an appearance on Season 9 of Shark Tank.
She requested $100,000 from the sharks in return for a 10% stake in her company. Will the entrepreneur get a deal on Shark Tank? Check out Savy update to find out!
Savy Net Worth Shark Tank Update 2025
Disha Shidham asked for a $100k investment in exchange for 10% equity in her company. This meant she valued her company at $1 million. None of the sharks decided to invest in Savy. After the show aired, Savy saw a big increase in website traffic, sales, and social media exposure. However, due to various challenges, including difficulties in attracting users and partnerships, the company struggled to maintain growth. Savy ultimately shut down in 2018. The current net worth of Savy is $0.
Savy encountered numerous difficulties following its Shark Tank participation. Disha put a lot of effort into making the app better. Her goal was to increase its user appeal. She enrolled in the Stanford StartX accelerator program in order to receive resources and assistance. She also intended to make money by releasing a premium edition of Savy.
The app didn’t grow despite her efforts. It was unable to draw in many users. It was challenging to form alliances with merchants as a result. Savy had closed by 2018. The app was taken out of the shops. The website stopped being active. The business had ceased operations. All of Savy’s social media accounts had been deleted by 2021. The company was unable to bounce back from its initial setbacks.
Shark Tank did not offer Savy a deal. Disha confidently pitched her proposal to the sharks. She had faith in her company and its future. She requested ten percent stock in exchange for $100,000. Her pitch was heard by the sharks. They enquired about the business plan and the app. None of the sharks decided to invest in spite of her attempts.
Mark Cuban declared that he had no interest in the company. Kevin O’Leary believed the business was still in its infancy. The other sharks made the same decision. Disha departed the show without receiving any offers.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Savy Shark Tank pitch
Disha Shidham’s personal shopping experiences served as the inspiration for Savy. She enjoyed shopping but was frequently annoyed by expensive items. She noticed that prices on many items dropped after people made purchases. She got the idea for Savy from this. By keeping track of pricing she hoped to develop a gadget that would help consumers save money.
Disha had numerous difficulties in the beginning. Technical know-how and resources were needed to build the software. She needed to learn how to make a business plan and develop an app. She had trouble finding retail partners as well. The freshness of her platform made many businesses reluctant to join. Disha struggled to draw users as well.Only 2,000 people were actively using the app by the time she appeared on Shark Tank. She worked hard to promote her business but faced obstacles at every step.
Disha was determined to focus on her business. She decided not to go back to school so she could give Savy her full attention. She believed in her idea and wanted to see it succeed. Her journey as a founder was full of challenges. She remained optimistic despite the difficulties.
Disha had a specific objective when she joined Shark Tank. She sought funding in order to expand her company. She explained the issue her app resolved at the start of her pitch. She explained that consumers frequently desire reduced costs but lack the time to keep track of sales. She clarified that Savy let customers choose the price they wanted to pay for the goods they desired. Following that the app tracked pricing and notified users when the price they had selected became available.
She informed the sharks that 1,000 stores had collaborated with Savy. But she acknowledged there were just 2,000 active users on the app. The sharks were disappointed by this figure. Disha clarified that Savy was still in its infancy. She hoped to use the investment to improve the app and attract more users.
Disha proposed a deal to the sharks. She asked for $100,000 in exchange for 10 percent equity in her company. She believed this investment would help her grow the business and reach more customers.
The sharks asked many questions about Savy. They wanted to know how it worked. They asked Disha to explain the app’s features. She said users could set their own prices for items. The app tracked prices from partner stores. It alerted users when their price was available. The app also offered cash-back savings.The sharks asked about the company’s growth.
They wanted to know how many users the app had. Disha said Savy had two thousand active users. She explained that the company was still in its early stages. She hoped to attract more users with the sharks’ help.The sharks also asked about partnerships. They wanted to know how many stores worked with Savy. Disha said the app had partnered with one thousand stores.
She explained that more partnerships would come with user growth.Some sharks asked about Disha’s background. They wanted to know if she had other commitments. Disha said she was focused on her business. She had chosen not to go back to school. She believed Savy could succeed with the right support.
The sharks expressed their opinions about Savy. The first person to speak was Mark Cuban. He declared that he had no interest in the company. He thought it was too soon to make an investment. He backed out of the agreement.Also Kevin O’Leary chose not to make an investment. The business was too small, he claimed. He thought it was too dangerous. He claimed that Disha needed more time to expand the company. He also left.
The other sharks thought about the offer. They found the app’s concept appealing. But they saw problems with the company. According to Lori Greiner there should be more people using the app. She left school. Daymond John concurred. According to him the company was not prepared for investment. He left too.Robert Herjavec was the last to speak. He said the app had potential but needed more time. He decided not to invest.
None of the sharks made an offer. Disha left the tank without a deal.
What Went Wrong With Savy On Shark Tank?
The main problem was the size of the business. The sharks thought Savy was too small. They were not convinced it could grow. The low number of users was a big issue. Only 2,000 people were using the app. This made the sharks doubt its potential.The sharks also did not see how the app would make money. Disha planned to add a paid version. But the free version did not bring in revenue.
The sharks thought this was risky.Another problem was the competition. There are many apps and websites for finding deals. The sharks were not sure if Savy could stand out.The sharks also worried about the long road ahead. They thought it would take a lot of time and effort to make Savy successful. They were not willing to take that risk.
Product Availability
Savy was a shopping app for the internet. People were able to save money thanks to it. Prices could be established by users. Prices from partner stores were tracked by the app. Alerts were issued when the price fell.
There were several special features in the app. It turned shopping on its head. Users selected their own pricing rather than accepting those listed. It provided real-time price tracking as well. Users were able to find the best bargains because to this.
You could download Savy from app stores. It was available for free download. Disha intended to provide a premium version. There would be more features in this edition. However, the app never made it this far.
Savy collaborated with 1,000 retailers. It wasn’t enough but it was a decent beginning. For the software to be successful, it required more users.
The app isn’t accessible anymore.
Conclusion
It was a smart concept, Savy. It sought to simplify and lower the cost of shopping. Disha put a lot of effort into realising her vision. She sought assistance on Shark Tank. She wanted to sell ten percent of her business for $100,000. Sharks didn’t make any investments. They believed the company was too small.
Disha persisted in her efforts to develop Savy after Shark Tank. She planned a commercial version of the software after enrolling in a business program. However their attempts fell short. Savy closed its doors in 2018.
Savy’s path demonstrates the challenges of expanding a firm. Having a good idea does not guarantee success.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
