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Season 2

WOL3D Shark Tank India Season 2

by IndiaSuccessStories
written by IndiaSuccessStories 0 comment
WOL3D Shark Tank India Season 2 Got 80 Lakhs Funding in Exchange of 2% Equity with 70 Lakhs in debt at 12% interest by Aman Gupta.

WOL3D Shark Tank India Season 2

Pitch no 132 with company details

WOL3D

The goal of WOL3D is to create and supply dependable, affordable, high-quality 3D printers. with the goal of helping the Indian market by lowering the cost and increasing the accessibility of 3D printing.

Founder of WOL3D

Pradeep Jain, Swati Jain, Rahul Chandalia, and Shaloni Chandalia are the founders of the company.

WOL3D Funding Round

Company Name

WOL3D

Shark Tank India Season

2

Episode No

41

Season No

2

Brand

WOL3D

Idea

A consumer 3D printing brand

Original Ask

₹1.5 crores for 1% Equity

Deal

80 Lakhs for 2% Equity and ₹ 70 Lakhs Debt @ 12% Interest

Invested By:

Aman Gupta

WOL3D aimed to democratize 3D printing by providing easy-to-use and reliable printers that catered to various applications, including prototyping, DIY projects, educational purposes, and small-scale manufacturing. Their product line included entry-level models suitable for beginners as well as advanced machines with enhanced features for professionals and enthusiasts. By leveraging their expertise in additive manufacturing and product design, they aimed to empower users to unleash their creativity and bring their ideas to life in three dimensions.

The Pitch:

WOL3D entered the tank with their innovative concept of being a consumer 3D printing brand. They sought an investment of ₹1.5 crores in exchange for a 1% equity stake in their company. Their vision was to make 3D printing technology accessible to the masses, offering a range of user-friendly, affordable, and high-quality 3D printers for home and educational use.

The Deal:

Aman Gupta saw the potential in WOL3D's business model and made an offer of 80 Lakhs for a 2% equity stake along with an additional investment of ₹70 Lakhs as debt at 12% interest. The deal was accepted by WOL3D, marking a successful investment and partnership between the entrepreneurs and the investor.

Investors Behind WOL3D

Aman Gupta: With the investment secured from Aman Gupta, WOL3D could accelerate their growth and expansion plans, focusing on product development, marketing initiatives, and distribution channels. They could further enhance their product lineup, improve customer support services, and explore new market opportunities to capitalize on the growing demand for 3D printing technology across various sectors.

Conclusion:

WOL3D's success on Shark Tank India highlights the potential of consumer 3D printing as a disruptive technology that empowers individuals and businesses to innovate, create, and transform industries. By providing accessible and affordable 3D printing solutions, WOL3D is poised to make a significant impact in the rapidly evolving landscape of additive manufacturing, driving innovation and unlocking new possibilities for makers, designers, and entrepreneurs alike.

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