Saturday, 20 April 2024

 

 

LATEST NEWS CGC Jhanjeri’s Fashion Show MERAKI 2024 goes in Style CEO Maneesh Garg briefs about Postal ballot facility for absentee voters Alumnus Sh. Ram Kumar Mittal, Founder & President of Swami International, USA, Inspires Students During Campus Visit to PEC In a first, CEO Sibin C holds Facebook live interaction with Punjab voters Top 9 Monalisa Hot Web Series To Watch In April 2024 | 5 Dariya News Drug awareness rally under NSS camp by RBU students Wheat planted using surface feeders at 40 places in barnala district : Punamdeep Kaur NSS PEC Organized Blood Donation Camp in Collaboration with PGIMER Biomed lab science day celebrated at RBU Singer Javed Ali recorded the song for Speed India Entertainment & HGV Anup Jalota, Udit Narayan, Babul Supriyo, and other singers received Dr. K.J. Yesudas Achievement Award Unique Initiative: Punjab's CEO Sibin C to go live on Facebook on April 19th Special monitoring of Social Media for Model Code of Conduct compliance - Chief Electoral Officer Anurag Agarwal In unique initiative, administration launches video helpline number 83605-83697 for speech and hearing-impaired voters Sakshi Sawhney directs procurement agencies to expedite wheat lifting Will make Punjabi the number one language in Chandigarh - Sanjay Tandon Vigilance Bureau nabs ASI for accepting Rs 4,500 bribe Magnificent Display of Indian Culture at LPU's annual 'One India-2024' Cultural Fest Suzuki Motorcycle India expands its footprint in Kerala Unlike Ravneet Bittu, Congress Has Always Respected Beant Singh Ji’s Legacy: Amarinder Singh Raja Warring Kunwar Vijay Pratap's speech should be taken seriously and investigation should be conducted: Partap Singh Bajwa

 

Shark Tank India Season 3: Hoora Takes the Lead an Extensive Look at the Waterless Car Wash Service

Hoora Takes the Lead an Extensive Look at the Waterless Car Wash Service
Listen to this article

Web Admin

Web Admin

5 Dariya News

19 Feb 2024

Hoora, a water-saving car wash service, took the stage on Shark Tank India Season 3, hoping to secure an investment and propel their business to new heights. The founders, Harsh Somani and Yashwant Budhwani impressed the Sharks with their eco-friendly concept and innovative technology, but questions remained about their scalability and market potential.

Read more:- Hyperlab Shark Tank India

Hoora Pitch and the Sharks' Response

Harsh and Yashwant presented their business plan, highlighting their traction, positive customer reviews, and social impact. They sought an investment of ₹80 lakh for 2% equity.

Initial reactions were positive, with Sharks Aman Gupta and Namita Thapar commending the concept. However, doubts arose regarding scalability and profitability. Sharks Amit Jain and Anupam Mittal questioned the cleaning process's effectiveness and the franchise model's long-term viability.

The Deal or No Deal?

Despite initial interest, none of the Sharks offered an investment due to concerns about scalability, competition, and unclear financials. However, some Sharks provided valuable guidance and feedback, encouraging Hoora to refine their pitch and address the raised concerns.

Read more:- AltCo. Making Waves in the Dairy-Free Market After Shark Tank India

What is Hoora?

Hoora operates a mobile car wash service that uses minimal water compared to traditional car washes. Their proprietary cleaning solutions and microfiber cloths reportedly require only 2-3 liters of water per car wash, a significant reduction compared to the 150-200 liters used by conventional methods. This not only conserves water but also appeals to environmentally conscious consumers.

Beyond the Tank: What's Next for Hoora?

While Hoora didn't secure a deal on the show, their appearance generated significant buzz. Their unique concept resonated with viewers, leading to increased brand awareness and potential business opportunities. Harsh and Yashwant must address the Sharks' concerns, improve their business model, and explore alternative funding options to realize their vision.

Read more:- Nasher Miles Takes Flight on Shark Tank

Conclusion

Hoora's journey on Shark Tank India may not have ended with a deal, but it opened doors to new possibilities. Whether they can overcome the challenges and navigate the competitive landscape remains to be seen, but their commitment to sustainability and innovation will keep them in the spotlight.

 

Tags: Tv , Shark Tank India Season 3 , Shark Tank India 3 Judges , Shark Tank India 3 Sharks , Shark Tank India 3 Episodes , Shark Tank 3 , Shark Tank 3 Judges , Shark Tank 3 Judges India , Shark Tank India Season 3 Judges , Hoora , Hoora Shark Tank India , Shark Tank India Hoora , Shark Tank India , Hoora Shark Tank India 3

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD