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Shark Tank India's Top 5 Social Impact Ventures

Discover the top 5 social impact ventures from Shark Tank India. Investigate how these inventive businesses address basic issues like feminine cleanliness, feasible living, rural development, rousing positive change across India. Figure out how Shark Tank India enables social business visionaries and drives supportable turn of events.
01:09 PM May 15, 2024 IST | Entertainment Desk
shark tank india s top 5 social impact ventures

1. Peeschute

Peeschute has arisen as a distinct advantage in resolving a typical yet frequently ignored issue looked by numerous voyagers and people with explicit ailments. Established by Siddhant Tawarawala in 2018, Peeschute offers a basic yet cunning arrangement — a urine disposal bag that automatically neutralises stored urine, giving comfort and true serenity to clients.

During their appearance on Shark Tank India, Altor looked for Rs 50 lakhs for a 5% value stake, at last getting it of Rs 50 lakhs for a 7% value share with financial investors Namita Thapar and Aman Gupta. This strategic investment will fuel Altor's expansion plans, focusing on marketing efforts and ramping up manufacturing to meet increasing demand.

Supported by financial backers like Venture Catalysts, KIIT TBI, and IIIT Hyderabad, Altor has proactively gathered huge pre-orders, serious areas of strength for flagging interest. With its creative mix of programming and equipment, Altor is ready to reclassify the bike insight, preparing for more secure and more associated rides across India. As Altor keeps on flourishing, it highlights the capability of innovation to drive extraordinary change in automotive safety.

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3. KG Agrotech

KG Agrotech, an agricultural startup exhibited on Shark Tank India, presents a notable answer for farmers - a multipurpose bicycle intended for pesticide showering, cultivating, and baggage transportation. Established by Kamlesh Nanasaheb Ghumare, hailing from a cultivating foundation, KG Agrotech intends to smooth out cultivating processes, fundamentally saving time and exertion for farmers.

Ghumare's innovation, crafted with simple yet effective technology, offers low maintenance costs and affordability, addressing the challenges faced by rural farmers. Before entering Shark Tank India, KG Agrotech garnered interest but lacked the resources for substantial growth.

In a vital second on Shark Tank India, Ghumare got a game-changing arrangement with Lenskart President Peyush Bansal, who contributed Rs 10 lakhs for a 40% value stake and gave an extra Rs 20 lakhs credit at zero interest. This essential association launches KG Agrotech's direction, highlighting its capability to revolutionise agricultural practices. As KG Agrotech continues its journey, it epitomises the spirit of grassroots innovation driving impactful change in the agricultural sector.

4. Menstrupedia Comic

Menstrupedia Comic arises as a spearheading solution, handling the taboo surrounding menstrual health wellbeing for juvenile young ladies. Established in 2012 by Aditi Gupta and Tuhin Paul, the startup tends to a basic need by giving extensive data about menstruation through a creative comic organization.

In a remarkable display of entrepreneurial audacity, Adarsh entered the Shark Tank seeking a mere ₹101 for a 2% stake in his venture. The Sharks, captivated by the innovation and social impact potential, seized the opportunity, striking a deal with Adarsh at ₹101 for 4% equity.

Since then, Cov-Tech has garnered immense recognition, transforming the landscape of medical safety equipment. Adarsh offered thanks to Sharks Namita Thapar, Anupam Mittal, Gazal Alagh, and Peyush Bansal, recognizing their instrumental help. With Cov-Tech's outstanding ascent, Adarsh's vision of improving clinical experts' safety and solace has turned into a reality, setting another norm in medical care development.

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