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Otua
DealElectric Auto Vehicle Dandera
Season 1, Episode 18“Investing In Profitable Businesses”12-Jan-22Gurgaon, HaryanaVehicles/Electrical Vehicles
Pitcher Details
Gender
Male
Presenters
2
Average Age
Middle
Started In
2018
Anchor
Rannvijay Singh
Website
www.danderaelectric.comThe Ask
₹100L
for 1% equity
Implied valuation: ₹10,000L
The Deal
₹1L
for 1% equity + ₹99L debt
Deal valuation: ₹100L
-99.0% vs ask amount
Shark Investment (1 shark)
Investment
₹1L
Equity
1%
Debt
₹99L
Additional Details
Pitch #
57
Season
20-Dec-21 – 4-Feb-22
Sharks in Deal
1
Deal Conditions
No
Debt Interest
12%
Bootstrapped
No
Has Patents
No
