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Vecros
DealSpatial AI drone
Season 3, Episode 10“Pitching Innovation”2-Feb-24Delhi, DelhiTechnology/Software
Pitcher Details
Business Metrics
Yearly Revenue
₹0L
Monthly Sales
₹9L
The Ask
₹100L
for 2.5% equity
Implied valuation: ₹4,000L
The Deal
₹20L
for 1% equity + ₹80L debt
Deal valuation: ₹2,000L
-80.0% vs ask amount
Equity changed by -1.5%
Shark Investment (1 shark)
Investment
₹20L
Equity
1%
Debt
₹80L
Additional Details
Pitch #
351
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
1
Deal Conditions
No
Debt Interest
10%
Bootstrapped
No
Has Patents
No
