GeeAni Shark Tank India Season 2
GeeAni
The Geeani E-Tractors are very adaptable and may be utilized for a variety of jobs, including tilling, hauling, and plowing. The tractor’s compact form makes it easier to maneuver over tiny fields, and its powerful motor enables it to manage heavy loads easily.
Founder of GeeAni
Divyarajsinh Bihola, Prajal Geeta Menon, and Anitha Panikar are the founders. They are all from Ahmedabad and work as teachers.
GeeAni Funding Round
Company Name | GeeAni |
Shark Tank India Season | 2 |
Episode No | 24 |
Season No | 2 |
Brand | GeeAni |
Idea | Cheapest & Smallest ElectricTractor |
Original Ask | 75 Lakhs for 7.5% Equity |
Deal | 1 Crore for 10% Equity |
Invested By: | Anupam Mittal, Vineeta Singh and Peyush Bansal |
At the heart of GeeAni's pitch was a dedication to addressing the pressing challenges faced by farmers, including rising fuel costs and environmental degradation. Their smallest electric tractor offered farmers a practical and sustainable solution to power their agricultural operations, whether it be plowing fields, transporting goods, or performing other essential tasks. By harnessing the power of electricity, GeeAni aimed to empower farmers to increase efficiency, reduce operational costs, and adopt more sustainable farming practices.
The Pitch:
GeeAni entered the tank with a bold vision to revolutionize the agricultural sector with their compact and cost-effective electric tractor. Their idea centered around providing farmers with access to modern, eco-friendly machinery that could enhance productivity while reducing reliance on fossil fuels. With an original ask of ₹75 Lakhs for 7.5% equity, GeeAni sought investment to further develop their electric tractor prototype, conduct field trials, and bring their revolutionary product to market.
The Deal:
GeeAni's pitch resonated strongly with investors Anupam Mittal, Vineeta Singh, and Peyush Bansal, who recognized the potential of their innovation to make a significant impact in the agricultural sector. Securing a deal with the trio, GeeAni gained not only the financial backing they needed but also strategic partners who shared their vision for driving positive change in farming communities. With their support, GeeAni is poised to accelerate the development and commercialization of their electric tractor, paving the way for a greener and more sustainable future for agriculture.
Investors Behind GeeAni
Anupam Mittal, Vineeta Singh and Peyush Bansal: With the support of Anupam Mittal, Vineeta Singh, and Peyush Bansal, GeeAni is well-positioned to advance their mission of revolutionizing agriculture with their smallest electric tractor. The investment will enable GeeAni to refine their product design, conduct extensive testing, and launch their electric tractor into the market, empowering farmers across the country to embrace sustainable farming practices and increase their productivity and profitability.
Conclusion:
GeeAni's success on Shark Tank India Season 2, Episode 24 highlights the transformative potential of technology and innovation in addressing the challenges faced by farmers. As they continue to develop and commercialize their smallest electric tractor, GeeAni stands as a beacon of hope for the future of agriculture, offering farmers a practical and sustainable solution to improve their livelihoods and safeguard the environment.