LOKA entered Shark Tank India Season 1 as an Indian virtual-world and metaverse application. The platform presented a digital environment where users could create avatars, interact and participate in branded virtual activities.

The founder asked for ₹40 lakh for 5% equity. Aman Gupta, Anupam Mittal and Peyush Bansal agreed to invest ₹40 lakh for 24%, providing the requested capital while taking nearly one quarter of the company under the televised terms.

LOKA later attracted public attention for branded activations and for questions about third-party intellectual property visible in its virtual environment. Participation in marketing campaigns does not itself establish recurring consumer revenue or a durable user base.

Public discussion about the company has included unsupported claims about revenue, employee payments and platform activity. Those statements are not treated as facts here because they are not backed by audited accounts, official filings or a current company disclosure.

The available corporate and online record does not provide a reliable recent revenue figure, active-user count, profit result or confirmation of the final post-diligence shareholding. Searches also did not locate a current transparent operating report from the brand.

The technically correct conclusion is therefore uncertainty rather than growth or closure. LOKA secured a ₹40 lakh on-air deal and conducted later brand activations, but its present commercial scale cannot be verified. As of August 25, 2026, no dependable evidence supports a specific current valuation, revenue level or active-user figure.

Metaverse platforms can generate income through sponsorships, branded experiences or user payments, but activity in one channel does not disclose total company revenue. No source reviewed here provides a reconciled breakdown of these streams. The existence of past activations therefore supports only that the platform operated after broadcast, not that it achieved continuing consumer adoption or profitability.

No current official dashboard or audited disclosure was available to verify monthly active users.

Sources: LOKA pitch record; LOKA intellectual-property report.