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WatchoutWearables
DealSmart watches
Season 2, Episode 2“A Bigger Vision”3-Jan-23Thane, MaharashtraElectronics
Pitcher Details
Business Metrics
Monthly Sales
₹25L
The Ask
₹200L
for 5% equity
Implied valuation: ₹4,000L
The Deal
₹100L
for 10% equity + ₹100L debt
Deal valuation: ₹1,000L
-50.0% vs ask amount
Equity changed by +5.0%
Shark Investments (2 sharks)
Investment
₹50L
Equity
5%
Debt
₹50L
Investment
₹50L
Equity
5%
Debt
₹50L
Additional Details
Pitch #
157
Season
2-Jan-23 – 10-Mar-23
Sharks in Deal
2
Deal Conditions
No
Bootstrapped
No
Has Patents
No
