Entrepreneur Name – Divyarajsinh Bihola, Prajal Geeta Menon, and Anitha Panikar.
About the Entrepreneur – Divyarajsinh Bihola, Prajal Geeta Menon, and Anitha Panikar are a group of teachers from Ahmedabad. They cater to students from grade 5 to 12, diploma engineering students, and also coach JEE NEET aspirants.
Prajal, unfortunately, lost his mother when he was just 18 years old and was struggling with depression. However, Anitha supported him during this difficult time. In addition to being a teacher, Divyarajsinh is also an automobile engineer.
Brand Name | Geeani |
Brand Website | N.A. |
Business Category | Electric Vehicle |
Innovation;- Yes, India’s first smallest, and cheapest e-tractors.
Company Valuation | ₹10 Crores |
Equity Asked | ₹75 Lakhs for 7.5% Equity |
Deal Closed | Yes |
Final Shark Tank Dea | ₹1 cr for 10% Equity |
Target City/Country | India |
Total Addressable Market | $6 Billion |
Product | Electric Tractors |
About the Product – Geeani is the first e-tractor in India that is both compact and affordable. It has been specifically designed to cater to small landholding farmers, reducing crop damage and enhancing yield. Geeani tractors are also ideal for intercropping, with geraniums being a popular crop choice.
Despite being a pre-revenue company, one of their videos went viral, resulting in over 500 inquiries from interested customers.
More than one lakh farmers have viewed the video. Geeani offers a battery warranty of three years and a battery life of seven to eight years.
Conclusion –
Divyarajsinh Bihola, Prajal Geeta Menon, and Anitha Panikar asked ₹75 Lakhs for 7.5% Equity. Sharks Aman, Anupam, and Vineeta offered ₹1 cr for 10% Equity. It concluded in a successful deal.