Categories: Shark Tank

RoadBounce has raised INR 80 lakhs from Shark Tank India

The shark tank India startup RoadBounce has raised INR 80 lakhs for the equity of 20% from Shark Tank India. Shark Peyush Bansal invested in this road bumper and pothole detection startup.

The original ask by the pitcher was 80 lakhs rupees for the equity of 20%. Aman Gupta, Namita, Ashneer, and Anupam, the sharks, took a step back. Peyush counters with an offer of Rs. 80 lakhs in exchange for 20% equity in the company. And finally, the pitcher agreed with 80 lakhs rupees or the equity of 20%.

About RoadBounce Shark tank show India

Ranjeet Deshmukh is the founder of RoadBounce Indian Shark tank. Ranjeet has worked as a Chief Technical Officer and Technical Architect for various startups and large organisations in India and the United States. Before RoadBounce, he started two other businesses. The first was purchased by the leading shipping software vendor in the United States. The second was a collaboration with the United States Veterans Administration facility in San Diego.

RoadBounce is a technological business that assesses the metre of terrible roads with potholes, bumpers, and cracks. The startup has an app that collects data from customers when they use it while travelling and uses that data to generate real-time information for them. Assume that live broadcasts can aid an ambulance in an emergency. The business concept is built on a service provider, and Ranjeet has applied for a patent in this field, which he believes he will obtain in the near future. The company is valued at eight crore rupees. The revenue earned in the previous fiscal year 2020-21 is estimated to be around 30 lakhs rupees. In the financial year 2019-20, revenue was Rs.1.50 crore rupees. This year’s revenue forecast is Rs. 2.50 crore.

Problem solved by Roadbounce.

The main problem solved by the RoadBounce is it can be installed under any vehicle to detect the potholes, bumpers and cracks on the road; it will help the authorities to detect those potholes and repair the road on time. This will help in public welfare.

Recent Posts

Mistakes of Entrepreneurs: Deadly Mistakes of Entrepreneurs

The mistakes of entrepreneurs can be one of the costliest mistakes. Not only it can cost your business, but it…

5 days ago

Top Young Entrepreneurs from India, you must know about

Today, We'll featuring top young entrepreneurs from India, who have actually inspired entrepreneurs across the world. India has one of…

1 week ago

नए उद्यम विकास को प्रभावित करने वाले कारक।

भारत में उद्यमिता विकास  को प्राभावित करने वाले कारण निम्न हैं। जैसे : -  आर्थिक, सामाजिक और सांस्कृतिक , मनोवैज्ञानिक,…

1 month ago

उद्यमियों (एंटरप्रेन्योर) के लिए कौन सी योजना उपलबध है

भारत सरकार ने हमेशा से ही उद्योग के क्षेत्र को बढ़ावा देने की कोशिश की है. देश में उद्यमियों की…

2 months ago

उद्यमियों ( एंटरप्रेन्योर ) के लिए वैश्विक समस्या क्या है

किसी भी देश में आर्थिक विकास की गति को बढ़ावा देने तथा व्यावसायिक समस्याओं का समाधान करने में उद्यमी की…

2 months ago

Cocofit Has Raised INR 5 Crores From Shark Tank India

The shark tank India startup Cocofit has raised an unconventional amount of 5 rupees for the equity of 5% from…

2 months ago

REACH US

WEXT India Ventures

C-22, Sector 65, Noida, Uttar Pradesh – 201301

Corporate Queries:

Email: ping@wext.in
Mobile: +91 956 085 0036

Advertisement Queries:

Email: advertise@wext.in
Mobile: 956 085 0036