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Katidhan Shark Tank India Season 3

by IndiaSuccessStories
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Katidhan Shark Tank India Season 3 Got 75 Lakhs Funding in Exchange of 5% Equity with 75 Lakhs in debt at 10% interest for 3 years by Ritesh Agarwal.

Katidhan Shark Tank India Season 3

Pitch no with company details

Katidhan

A group of engineers, designers, and—above all—problem solvers founded Katidhan with the goal of using crucial technical advancements to address some of the most pressing issues facing our environment. Because these solutions are holistic in nature, their endurance and ability to solve the difficulties is guaranteed.

Founder of Katidhan

At Katidhan, Ayan S.R. is a founder.

Katidhan Funding Round

Company Name

Katidhan

Shark Tank India Season

3

Episode No

41

Season No

3

Brand

Katidhan

Idea

Autonomus Light Deterrence System

Original Ask

1.5 Crores for 2.5% Equity

Deal

75 Lakhs for 5% Equity + 75 Lakhs Debt @ 10% for 3 years

Invested By:

Ritesh Agarwal

At the core of Littlebox's pitch was a commitment to delivering unique and memorable fashion experiences that went beyond traditional online shopping. By leveraging data analytics, artificial intelligence, and expert curation, Littlebox aimed to provide customers with a personalized and immersive shopping experience that catered to their individual style preferences, body types, and fashion aspirations. Through strategic partnerships with leading brands and designers, Littlebox curated a diverse range of fashion collections that reflected the latest trends and catered to diverse tastes.

The Pitch:

Katidhan entered the tank with a vision to revolutionize security infrastructure by harnessing the power of autonomous technology. Their Autonomous Light Deterrence System combined advanced sensors, AI algorithms, and bright LED lights to detect and deter intruders effectively. By autonomously illuminating areas of concern and alerting authorities, Katidhan aimed to enhance security measures and provide peace of mind to homeowners, businesses, and communities.

The Deal:

Katidhan's innovative approach to security garnered interest from the sharks, leading to a deal with Ritesh Agarwal. The investment of 75 Lakhs for 5% equity, along with an additional 75 Lakhs debt at 10% interest for 3 years, signaled confidence in Katidhan's potential to disrupt the security market and address the evolving needs of consumers in an increasingly digital and interconnected world.

Investors Behind Katidhan

Ritesh Agarwal: With Ritesh Agarwal's backing, Katidhan is poised to accelerate its growth trajectory, expand its product offerings, and penetrate new markets. By refining its technology, optimizing its operational processes, and fostering strategic partnerships, Katidhan can cement its position as a leader in autonomous security solutions and illuminate the path to safety for individuals and organizations worldwide.

Conclusion:

Katidhan's successful pitch on Shark Tank India Season 3, Episode 41 underscores the significance of innovation in addressing pressing societal challenges such as security. By leveraging autonomous technology to enhance deterrence capabilities, Katidhan exemplifies the potential of entrepreneurship to drive positive change and safeguard communities against emerging threats.

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