Watt Technovations Shark Tank India Season 1
Watt Technovations
Watt Technovations developed a device called Cov-Tech to meet the needs of medical professionals who work in high-risk areas. The “Cov-Tech” system’s small, ergonomic design was created especially to be an accessory for already-existing PPE kits, negating the need to modify PPE suits.
Founder of Watt Technovations
That is precisely what Nihaal Singh Adarsh, the founder and CEO of Watt Technovations Private Limited, is doing. The company’s primary innovator is Nihaal. He is the creator of the COVTECH ventilation system, an innovative, locally produced, and patented technology in India. He created this device in his second year of engineering school to assist frontline workers and the medical community who were experiencing discomfort during the pandemic.
Watt Technovations Funding Round
Company Name | Watt Technovations |
Shark Tank India Season | 1 |
Episode No | 27 |
Season No | 1 |
Brand | Watt Technovations |
Idea | Ventilated PPE Kits |
Original Ask | 101 for 2% Equity |
Deal | 101 for 4% Equity |
Invested By: | Aman Gupta |
At the heart of Watt Technovations' pitch was a commitment to leveraging technology to address real-world challenges and improve the lives of people around the world. By combining cutting-edge materials science with innovative design principles, they sought to create a new generation of PPE solutions that offered unparalleled performance and comfort. Their ventilated PPE kits represented a significant advancement in the field of personal protective equipment, offering a holistic solution to the complex and evolving threat posed by infectious diseases.
The Pitch:
Watt Technovations entered the Shark Tank stage with a revolutionary product designed to address the shortcomings of traditional PPE kits. Recognizing the discomfort and limitations of existing solutions, they unveiled their ventilated PPE kits, which offered enhanced breathability and comfort without compromising on safety. Equipped with state-of-the-art ventilation systems and advanced materials, their PPE kits provided superior protection against airborne pathogens while ensuring optimal comfort and mobility for wearers.
The Deal:
Impressed by Watt Technovations' vision and the potential impact of their ventilated PPE kits, Namita Thapar, Anupam Mittal, Peyush Bansal, and Ghazal Alagh recognized the value of their innovation and made a collective investment offer of 101 lakhs in exchange for a 4% equity stake in the company. Their investment signaled their confidence in Watt Technovations' ability to disrupt the PPE market and address the urgent needs of frontline workers in the fight against the pandemic. With their support and expertise, Watt Technovations was well-positioned to scale their operations, expand their product offerings, and make a meaningful difference in the lives of healthcare workers and communities worldwide.
Investors Behind Watt Technovations
Namita Thapar, Anupam Mittal, Peyush Bansal and Ghazal Alagh: With the backing of Namita Thapar, Anupam Mittal, Peyush Bansal, and Ghazal Alagh, Watt Technovations embarked on a mission to revolutionize the PPE industry and set new standards for safety and comfort. The infusion of capital allowed them to ramp up production, invest in research and development, and expand their reach to new markets. As the demand for their ventilated PPE kits continued to grow, Watt Technovations remained committed to their vision of protecting frontline workers and saving lives in the midst of the pandemic.
Conclusion:
Watt Technovations' success on Shark Tank India Season 1 was a testament to the power of innovation and entrepreneurship to address pressing global challenges. By harnessing the power of technology and human ingenuity, they offered a ray of hope in the darkest of times, providing essential protection to those at the forefront of the battle against COVID-19. With the support of their investors, Watt Technovations was poised to make a lasting impact on the world, proving that even in the face of adversity, innovation has the power to change lives for the better.