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Freebowler Shark Tank India Season 2

by IndiaSuccessStories
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Freebowler Shark Tank India Season 2 Got 25 Lakhs Funding in Exchange of 7.5% Equity with 50 Lakhs in debt at 10% interest by Namita Thapar.

Freebowler Shark Tank India Season 2

Pitch no 30 with company details

Freebowler

One firm that sells mechanical bowling equipment that function just on a battery and spring is called Freebowler. The organization wants to offer a batter an affordable, practical bowling and training mechanism. The founders of the company are Pratheek Palanethra and Vishwanath HK, both from Bangalore.

Founder of Freebowler

The founders of the company are Pratheek Palanethra and Vishwanath HK, both from Ludhiana.

Freebowler Funding Round

Company Name

Freebowler

Shark Tank India Season

2

Episode No

10

Season No

2

Brand

Freebowler

Idea

Automatic Bowling Machine

Original Ask

75 Lakhs for 7.5% Equity

Deal

25 Lakhs for 7.5% Equity and ₹ 50 Lakhs Debt @10% Interest

Invested By:

Namita Thapar

At the heart of Freebowler's pitch was a commitment to innovation, performance, and accessibility. Their Automatic Bowling Machine aimed to bridge the gap between traditional net practice and real match scenarios, offering cricketers an immersive training experience that sharpened their skills and boosted their confidence. By harnessing technology to replicate the nuances of bowling, Freebowler aimed to empower players to elevate their game and achieve their full potential on the field.

The Pitch:

Freebowler entered the tank with a mission to democratize cricket practice by offering an Automatic Bowling Machine that replicated the experience of facing real bowlers. Their idea was to provide cricketers of all levels with a reliable and versatile training tool that could simulate a wide range of deliveries. With an original ask of 75 Lakhs for 7.5% equity, Freebowler sought investment to enhance its product design, scale production, and establish a robust distribution network across India.

The Deal:

Freebowler's pitch resonated strongly with Namita Thapar, who recognized the transformative impact of their Automatic Bowling Machine on cricket training and development. She offered a deal of 25 Lakhs for 7.5% equity and an additional 50 Lakhs debt at 10% interest, providing Freebowler with the necessary capital to accelerate its growth trajectory. This strategic partnership marked a significant milestone for Freebowler, positioning it to capture a significant share of the burgeoning cricket training market in India.

Investors Behind Freebowler

Namita Thapar: With the backing of Namita Thapar, Freebowler embarked on a mission to redefine cricket practice and coaching with its cutting-edge Automatic Bowling Machine. The infusion of capital allowed them to refine their product design, expand their customer base, and forge partnerships with cricket academies and training centers nationwide. Armed with the support of an experienced investor, Freebowler continued to innovate and evolve, empowering cricketers to unleash their potential and dominate the game.

Conclusion:

Freebowler's appearance on Shark Tank India Season 2, Episode 10 epitomized the convergence of technology, sports, and entrepreneurship in the realm of cricket. Their successful pitch and strategic partnership underscored the growing demand for innovative training solutions that cater to the needs of aspiring cricketers across the country. As they continued to disrupt the cricketing landscape under the guidance of Namita Thapar, Freebowler stood poised to revolutionize the way players train, compete, and excel in the sport they love.

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