Tohands Shark Tank India Season 3
Tohands
Shopkeepers and small company owners may effortlessly sync with the Tohands App, record sales and expenses, generate bills, manage inventory, and use dynamic QR codes and audio payment confirmation with the Tohands Smart Calculator.
Founder of Tohands
Tohands, an all-in-one tool for retailers, was co-founded by Shanmugam, Praveen Mishra, and Satyam Sahu.
Tohands Funding Round
Company Name | Tohands |
Shark Tank India Season | 3 |
Episode No | 25 |
Season No | 3 |
Brand | Tohands |
Idea | Record Sales and Expenses |
Original Ask | 55 Lakhs for 1% equity |
Deal | 55 Lakhs for 2% equity |
Invested By: | Varun Dua and Radhika |
At the core of Tohands' pitch was a recognition of the challenge’s businesses face in managing their finances effectively. Their platform offered a comprehensive solution to streamline the recording of sales and expenses, providing businesses with real-time insights into their financial performance. By automating tedious tasks and providing valuable analytics, Tohands aimed to empower businesses to optimize their financial operations and drive growth.
The Pitch:
Tohands entered the tank with a mission to simplify business finances through their innovative platform. Their idea was to provide businesses with a user-friendly tool to record sales and expenses, helping them track their financial transactions efficiently and make informed decisions. With an original ask of 55 Lakhs for 1% equity, Tohands sought investment to further develop their platform and expand their user base.
The Deal:
Impressed by Tohands' vision and the potential of their platform to revolutionize financial management for businesses, Varun Dua and Radhika saw an opportunity to support a brand that was addressing a critical need in the market. They made a strategic offer of 55 Lakhs for 2% equity, recognizing the value of Tohands' solution and the impact it could have on businesses of all sizes.
Investors Behind Tohands
Varun Dua and Radhika: Tohands enthusiastically accepted the offer from Varun Dua and Radhika, marking a significant milestone in their journey to empower businesses with streamlined financial management. With the support of experienced investors and access to vital resources, Tohands was well-equipped to enhance their platform, onboard more users, and solidify their position as a leader in the financial technology sector.
Conclusion:
The success story of Tohands serves as a testament to the power of innovation and technology in simplifying complex business processes. As they continue to develop and expand their platform, Tohands is poised to make a meaningful impact on businesses worldwide, helping them achieve greater financial transparency, efficiency, and success. With Varun Dua and Radhika as strategic partners, Tohands is set to redefine the future of business finance and empower entrepreneurs to thrive in an increasingly competitive landscape.