FastBeetle Shark Tank India Season 2

by IndiaSuccessStories March 12, 2024

written by IndiaSuccessStories March 12, 2024 0 comment

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FastBeetle Shark Tank India Season 2

Pitch no 45 with company details

FastBeetle

The startup FastBeetle is situated in Kashmir. Kashmir offers a plethora of intriguing products. However, getting around Kashmir is quite difficult. Everything from Kashmir is exceedingly difficult to move outside. FastBeetle has arrived to tackle this transit issue. It is a logistics firm.

Founder of FastBeetle

FastBeetle was founded by Abid Rashid and Sheikh Samiullah. Their hometown is Srinagar. The business was founded in 2019.

FastBeetle Funding Round

Company Name	FastBeetle
Shark Tank India Season	2
Episode No	15
Season No	2
Brand	FastBeetle
Idea	Delivery Service
Original Ask	90 Lakhs for 3% Equity
Deal	90 Lakhs for 7.5% Equity
Invested By:	Aman Gupta and Peyush Bansal

At the heart of FastBeetle's pitch was a commitment to delivering excellence in every parcel. Their innovative approach combined cutting-edge technology with a customer-centric mindset, enabling them to offer lightning-fast delivery times, real-time tracking capabilities, and personalized service experiences. Whether it's delivering packages, groceries, or meals, FastBeetle aimed to be the go-to delivery partner for businesses and individuals looking for speed, reliability, and convenience.

The Pitch:

The Deal:

FastBeetle's pitch resonated strongly with Aman Gupta and Peyush Bansal, who recognized the disruptive potential of their delivery service model. They saw an opportunity to leverage FastBeetle's innovative approach and operational expertise to tap into the rapidly growing e-commerce and logistics market. As a result, they offered a deal of 90 Lakhs for 7.5% equity, providing FastBeetle with the capital and strategic support needed to fuel their growth and expansion plans.

Investors Behind FastBeetle

Aman Gupta and Peyush Bansal: With the backing of Aman Gupta and Peyush Bansal, FastBeetle accelerated its pace towards becoming a dominant player in the delivery service industry. The infusion of capital enabled them to invest in state-of-the-art technology, recruit top talent, and forge partnerships with leading e-commerce platforms and businesses. As they continued to streamline their operations and delight customers with swift and reliable deliveries, FastBeetle cemented its position as a trusted logistics partner in the competitive marketplace.

Conclusion:

FastBeetle's appearance on Shark Tank India Season 2, Episode 15 showcased the power of innovation, determination, and strategic partnerships in driving success in the delivery service sector. With the support of Aman Gupta and Peyush Bansal, FastBeetle set its sights on conquering new horizons and delivering excellence one parcel at a time. As they raced towards their goals, FastBeetle stood poised to leave a lasting impression on the world of logistics with its commitment to speed, efficiency, and customer satisfaction.

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FastBeetle Shark Tank India Season 2

FastBeetle

Founder of FastBeetle

FastBeetle Funding Round

The Pitch:

The Deal:

Investors Behind FastBeetle

Conclusion:

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FastBeetle Shark Tank India Season 2

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FastBeetle

Founder of FastBeetle

FastBeetle Funding Round

The Pitch:

The Deal:

Investors Behind FastBeetle

Conclusion:

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