Gridmats Shark Tank India Season 1
Gridmats
For both permanent and temporary roadways, walkways, parking, events, platforms, walkways, shuttering/formworks, and many other rigid surface requirements, GridMats is a patented sustainable solution. GridMats is a creative project that creates highways, walkways, and warehouse flooring entirely from recycled plastic garbage. In addition to being sustainable, GridMats require no maintenance and save 25% on costs.
Founder of Gridmats
GridMat manufacturer POTHOLERAJA was founded by Sourabh Kumar and Dr. Prathap Kumar B.
Gridmats Funding Round
Company Name | Gridmats |
Shark Tank India Season | 3 |
Episode No | 27 |
Season No | 3 |
Brand | Gridmats |
Idea | recycled plastic |
Original Ask | 5 crore for 2% equity |
Deal | No Deal |
Invested By: | —— |
At the core of Gridmats' pitch was a commitment to sustainability and circularity in the production and consumption of plastic materials. By repurposing discarded plastic waste into durable and functional mats, Gridmats aimed to reduce environmental pollution and promote responsible consumption practices. Their idea resonated with consumers seeking eco-friendly alternatives without compromising on quality or performance, positioning Gridmats as a leader in the sustainable products market.
The Pitch:
Gridmats entered the tank with a bold vision to address the global plastic waste crisis through their innovative use of recycled plastic. Their idea revolved around producing eco-friendly mats made from recycled plastic materials, offering consumers a sustainable alternative to traditional products. With an audacious ask of 5 crore for 2% equity, Gridmats sought investment to scale their operations and drive widespread adoption of their environmentally conscious solution.
The Deal:
While the outcome of Gridmats' pitch was not disclosed, their presence on Shark Tank India underscored the growing importance of sustainability in business and consumer decision-making. Gridmats' innovative approach to addressing plastic waste showcased the potential for entrepreneurship to drive positive environmental impact, promising exciting opportunities for investors and stakeholders looking to support sustainable solutions.
Conclusion:
Gridmats' presence on Shark Tank India Season 3, Episode 27 exemplified the power of entrepreneurship to drive positive environmental change. As consumers increasingly prioritize sustainability in their purchasing decisions, brands like Gridmats are poised to lead the way in offering innovative solutions that balance environmental stewardship with consumer convenience and satisfaction. With a commitment to sustainability and a dedication to innovation, Gridmats is primed to make a lasting impact on the world and inspire others to join the movement towards a more sustainable future.