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Season 1

WeSTOCK Shark Tank India Season 1

by IndiaSuccessStories
written by IndiaSuccessStories 0 comment
WeSTOCK Shark Tank India Season 1 Got 60 Lakhs Funding in Exchange of 10% Equity by Ashneer Grover, Namita Thapar, Aman Gupta and Peyush Bansal.

WeSTOCK Shark Tank India Season 1

Pitch no 59 with company details

WeSTOCK

WeSTOCK is a tracking and health monitoring system for cattle created by Brainwired, an Indian agritech business. Our goal is to provide high-end technology at a reasonable cost to cattle farmers, enabling them to live more luxurious lives. Real value creation is what our team is passionate about. As a result, we have put together a multi-talented team that is capable of almost anything.

Founder of WeSTOCK

Rithin Ravindran is westock’s founder.

WeSTOCK Funding Round

Company Name

WeSTOCK

Shark Tank India Season

1

Episode No

19

Season No

1

Brand

WeSTOCK

Idea

Livestock health monitoring AI

Original Ask

50 lakhs for 5% equity

Deal

60 lakhs for 10% equity

Invested By:

Ashneer Grover, Namita Thapar, Aman Gupta and Peyush Bansal

At the core of WeSTOCK's pitch lay a commitment to harnessing the power of artificial intelligence to address critical issues in livestock farming. Their platform utilized advanced sensors and machine learning algorithms to monitor key indicators of animal health and behavior, providing farmers with actionable insights and recommendations in real-time.

The Pitch:

WeSTOCK's pitch aimed to address the challenges faced by livestock farmers in monitoring the health and well-being of their animals effectively. Their innovative AI-powered platform offered real-time insights and predictive analytics to help farmers detect and prevent diseases, optimize feeding and breeding practices, and improve overall productivity. With a focus on leveraging technology to enhance animal welfare and farm profitability, WeSTOCK sought to revolutionize livestock management and empower farmers to make data-driven decisions.

The Deal:

Impressed by WeSTOCK's innovative approach to livestock management and the potential for impact in transforming the agriculture sector, Ashneer Grover, Namita Thapar, Aman Gupta, and Peyush Bansal saw an opportunity to invest in a venture with significant upside. They offered 60 lakhs for a 10% equity stake, recognizing the value of WeSTOCK's AI-driven platform and its potential to revolutionize livestock farming practices. This strategic investment not only provided WeSTOCK with the capital needed to scale their operations but also brought on board investors with a shared vision for leveraging technology to drive positive change in agriculture.

Investors Behind WeSTOCK

Ashneer Grover, Namita Thapar, Aman Gupta and Peyush Bansal: WeSTOCK enthusiastically accepted the offer from Ashneer Grover, Namita Thapar, Aman Gupta, and Peyush Bansal, marking a significant milestone in their journey to revolutionize livestock management with AI. With the backing of strategic investors who shared their passion for innovation and sustainability in agriculture, WeSTOCK was well-positioned to expand its reach, enhance its platform, and make a meaningful impact on the lives of farmers and animals alike.

Conclusion:

The success of WeSTOCK on Shark Tank India Season 1 underscores the transformative potential of AI and technology in addressing the challenges faced by livestock farmers. By offering a cutting-edge platform for livestock health monitoring and management, WeSTOCK is poised to revolutionize the way animals are cared for and managed on farms. With the support of investors Ashneer Grover, Namita Thapar, Aman Gupta, and Peyush Bansal, WeSTOCK is well-equipped to realize its vision of empowering farmers and improving animal welfare through innovative technology.

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