Shark Tank India S3 E18 saw HOORA founders pitch their innovative ideas to the panel, requesting an investment of $96K in exchange for 2% equity.
Source: Sony LIV
Shark Tank India S3 E18: Every episode of Shark Tank features a multitude of proposals that showcase the pitchers’ ingenious concepts. The founders of HOORA confronted the shark panel during the current season of Shark Tank India, requesting an investment of $96K (₹80 lakh) in exchange for 2 percent equity.
HOORA, founded in 2019, aims to create the largest E-Smart Auto Service Eco-System by Yashwant Budhwani and Harsh Somani. At this time, its application enables users to have bike and car wash services delivered to their entryway. According to the company’s proprietors, HOORA is distinct from other car-washing companies in that it uses five times less water. HOORA shifts its primary emphasis from daily vehicle washing services to deep cleaning services.
Furthermore, Hoora Service Partner supplies power sources, moist and dry vacuum cleaners, and pressure washers within a proprietary portable backpack. Additionally, these partners launder HOORA-exclusive products. The average time required for partners to complete a thorough cleaning is one to three hours.
The proprietors were regrettably unable to reach an agreement with the sharks. Moreover, Shark Anupam Mittal, the Chief Executive Officer of Shaadi.com, recommended that the founders direct their efforts towards a tangible challenge. He added that rather than delving further into vehicle cleaning services, they ought to concentrate on the clean energy concept, which can contribute to the nation’s improvement.
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HOORA is an on-demand provider of bicycle and automobile services that offers sixteen distinct services for its clientele. The services offered include exterior and interior wash, seat deep washing, and pressure wash for both exterior and interior surfaces. Additionally, waterless exterior and interior cleansing is provided. The proprietors disclosed that their services commence at $1.19 (₹99) when discussing pricing.
Car wash reservations can be made through the HOORA application, which is accessible via the Play Store. Once downloaded, the user is able to select and schedule the desired service at their convenience. A HOORA expert arrives at the designated location at the designated time and delivers the services that were reserved via the application. The website of the organization provides access to a catalog of services.
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