Abhishek of Watchout Wearables appeared on Shark Tank India Season 2, seeking a 2 crore investment for a 5% share of the company. With a valuation of 10 crores, Anupam Mittal and Vineeta Singh provided $1 million in 10% equity and INR 1 crore loan with 15% interest. Piyush, one of the Sharks, was impressed with the beautiful poetry that prefaced the product pitch and the focus on a Kid’s Care Business Product Industry. The Watchout Wearables product provides a unique solution to customers.
Watchout Wearables Shark tank India Season 2 Review
Abhishek Baheti is the founder of Watchout Wearables, a company that makes smartwatches for kids. The watches are designed with safety, connectivity, and curiosity in mind, featuring a GPS tracker, video call and audio call capability, and an object detection scanner. The watch also includes a SIM slot, making it an independent device that can function without a phone.
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On the popular Indian show Shark Tank, Abhishek made an ask for ₹2 crores for 5% equity in the company at a valuation of ₹40 crores. The selling price of each watch is 10000 and the estimated total addressable market is around 100 crores. In FY 21 to 22 the sales were 1.1 crores and in FY 22 to 23 years to date, the sales were 1.4 crores.
After some negotiation, the Shark Tank investors Veenita and Anupam offered 1 crore for 10% equity at the valuation of 10 crores and one crore debt at a 15% interest rate. Abhishek counteroffered 1 crore for 5% equity and 1 crore debt at a 15% interest rate, which was accepted Watchout Wearables Shark tank India and the final.
Shark Tank India Season 2 Watchout Wearables Ask | ₹2 Crores for 5% equity |
Shark Tank India Season 2 Watchout Wearables Company Valuation | ₹40 Crores |
Watchout Wearables Shark Tank India Deal | 1 Crore, 10% Equity & 1 Crore for 15% interest by Vineeta Singh, Anupam Mittal |
Watchout Wearables Official Website | Watchout Wearable Website |
Episode Number | Shark Tank India Season 2, Episode 2 |
Episode Air Date | 3 January 2023 |
Business | Premium smartwatch brand |
How to Buy Watchout Wearables Premium Smartwatch
Step 1: Open the browser and Go to watchoutwearables.com
Step 2: After opening the website Click the Account option >> Create Account >> Fill your Details >> and Click Register

Step 3: Select You Want to buy SmartWatch

Step 4: Select Your favorite Colour >> and Click the Add to cart

Step 5: add Your Address and Promo code >> After clicking Continue to Shopping

Step 6: Select your Payment option and Click Continue to payment

Who is Watchout Wearables Shark tank India Founder?
Abhishek Baheti is the founder of Watchout Wearables.
Conclusion –
In conclusion, Watchout Wearables Watches are a great choice for anyone looking for a stylish, quality watch. They have a wide selection of watches, with features such as water resistance and a variety of colors and styles. The prices are reasonable and they offer free shipping and returns. With their commitment to quality and customer satisfaction, Watchout Wearables is sure to be a popular choice for watch lovers everywhere.
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Very very useful information