Cool the globe Shark Tank India Season 3
Cool the globe
Nice The Globe app makes small, everyday modifications suggestions to assist users lower their carbon footprints.
Founder of Cool the globe
The creator of “Cool The Globe” is a 23-year-old Pune native named Prachi Shevgaonkar.
Cool the globe Funding Round
Company Name | Cool the globe |
Shark Tank India Season | 3 |
Episode No | 52 |
Season No | 3 |
Brand | Cool the globe |
Idea | A carbon handprint |
Original Ask | 25 Lakhs for 5% Equity |
Deal | 25 Lakhs for 8% Equity |
Invested By: | Aman Gupta and Radhika Gupta |
Cool the Globe sought to redefine the narrative around carbon emissions by introducing the concept of a "carbon handprint." Unlike the traditional focus on reducing carbon footprints, Cool the Globe aimed to empower individuals and businesses to make positive environmental contributions through actions that offset or mitigate carbon emissions. From tree planting initiatives to renewable energy projects, Cool the Globe envisioned a world where every action had a tangible impact on combating climate change.
The Pitch:
With an original ask of 25 Lakhs for 5% equity, Cool the Globe delivered a compelling pitch that highlighted the urgency of addressing climate change and the potential for individuals and businesses to make a difference. The founders shared their passion for environmental stewardship and their innovative approach to climate action. They emphasized the growing demand for sustainable solutions and positioned Cool the Globe as a catalyst for positive change in the fight against global warming.
The Deal:
The sharks were impressed by Cool the Globe's innovative concept and the potential for its impact on combating climate change. After a round of negotiations, Aman Gupta and Radhika Gupta collectively offered a game-changing deal: 25 Lakhs for 8% equity. This strategic partnership not only provided Cool the Globe with the necessary capital for expansion but also brought onboard experienced investors who shared their passion for sustainability and environmental conservation.
Investors Behind Cool the globe
Aman Gupta and Radhika Gupta: Aman Gupta and Radhika Gupta's investment in Cool the Globe marked a significant milestone in the brand's journey towards making a positive impact on the planet. With their backing, Cool the Globe is well-positioned to scale its initiatives, expand its reach, and inspire individuals and businesses to take meaningful climate action. The infusion of funds and support from the investors will enable Cool the Globe to realize its vision of creating a more sustainable and resilient world for future generations.
Conclusion:
Cool the Globe's successful pitch and investment deal on Shark Tank India Season 3, Episode 52, underscored the growing importance of sustainability and climate action in today's world. As the brand continues to empower individuals and businesses to make a positive environmental impact through their "carbon handprint" concept, it remains committed to driving meaningful change and inspiring collective action to address the urgent challenges of climate change. With the support of its visionary investors, Cool the Globe is poised to cool the planet and create a brighter, more sustainable future for all.