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Vecros Shark Tank India S3 Full Pitch Details

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Full detailed information about Vecros pitch in Shark Tank India Season 3. Know more about the business, founders, pitch, deals and hidden facts.
Vecros Shark Tank India

Take Flight with Vecros: AI-Powered Drones That See the Unseen

Imagine robots that soar through the air, navigating complex environments without a pilot, collecting vital data where humans can’t reach. Meet Vecros, the Indian startup pioneering autonomous, AI-powered drones that are revolutionizing inspection, mapping, and data collection across industries.

Their flagship product, Athera, is not your average drone. Equipped with cutting-edge spatial AI and a powerful miniaturized operating system, Athra can fly independently, map intricate spaces, and even dodge obstacles in GPS-denied zones. Think construction site inspections, railway bridge monitoring, or disaster relief operations – all done with unmatched efficiency and safety.

But Vecros isn’t just about hardware. Their vision is to bridge the gap between deep-tech complexity and real-world applications. They offer comprehensive solutions, including drone-as-a-service models, tailored to specific industry needs.

Curious about how Vecros is disrupting the drone industry? Stay tuned for our blog series where we’ll dive deeper into:

  • The groundbreaking technology behind Athra
  • Real-world applications transforming industries
  • The inspiring journey of the passionate team behind Vecros
  • And much more!

Get ready to soar into the future with Vecros, where intelligent drones are seeing the unseen and shaping a safer, more efficient world.

About The Company – Vecros

Startup / Company NameVECROS
IndustryDrone Industry
FounderBesta Prem Sai and Rajesh Deotalu
Product / ServiceDrone products
RevenueSeptember 9 lakhs (2023)

About The Pitcher

Number of PresentersTwo presenter
Name of PresentersBesta Prem Sai and Rajesh Deotalu
Pitchers CityAnantpur and Nandurbaug
Pitchers StateAndhra Pradesh and Maharashtra

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Vecros Pitch Details

Shark Tank EpisodeEpisode 5
Original Ask Amount1 crore
Original Ask Equity25% Equity
Original Valuation 40 Crores
Offer Received1)20 Lakhs for 1% Equity + 80lakhs debt at 10% interest for 3 years (Aman)
Final Deal Amount20 lakhs
Total Deal Equity1 % Equity
Sharks in DealAman

Solutions Offered

Vecros doesn’t just offer a revolutionary drone; they provide a spectrum of intelligent solutions that empower businesses across various industries to automate data collection, improve safety, and gain valuable insights. Here’s a closer look at their offerings:

1. Athra – The AI-Powered Drone:

  • Autonomous flight: Flies pre-programmed routes or adapts to dynamic environments using advanced AI algorithms.
  • Obstacle avoidance: Utilizes spatial AI to detect and navigate around obstacles, even in GPS-denied zones.
  • Data collection: Equipped with various sensors for high-resolution imagery, LiDAR scanning, and other data acquisition needs.
  • Advanced software: Intuitive platform for mission planning, real-time monitoring, and data analysis.

2. Industry-Specific Solutions:

  • Construction: Automated site inspections, progress monitoring, and safety assessments.
  • Infrastructure: Bridge inspections, tunnel surveys, and asset management data collection.
  • Mining: Efficient mine mapping, stockpile measurement, and safety hazard detection.
  • Defense & Security: Border surveillance, remote area mapping, and critical infrastructure monitoring.
  • Disaster Relief: Damage assessment, search and rescue operations, and post-disaster data collection.

3. Drone-as-a-Service (DaaS):

  • Businesses can leverage Vecros’ expertise and technology without investing in their own drone fleet.
  • Flexible subscription models based on specific needs and project requirements.
  • Includes drone operation, data collection, processing, and analysis services.

4. Custom Solutions:

  • Vecros works closely with clients to develop tailored solutions addressing unique challenges and workflows.
  • This includes customized payloads, data integration with existing systems, and specialized mission planning.

Beyond Products:

Vecros recognizes the importance of comprehensive support. They offer:

  • Training: Extensive training programs for clients to effectively operate and manage their drone solutions.
  • Technical Support: Dedicated team to assist with any technical issues and ensure smooth operations.
  • Data Analytics: Expertise in extracting valuable insights from collected data to drive informed decision-making.

By combining their intelligent drone technology with diverse solutions and support, Vecros empowers businesses to see beyond the obvious and unlock the full potential of data-driven operations.

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Lesser Known Facts About Vecros

  • Company Name: The name “Vecros” is a creative take on “Vectors,” symbolizing their drones’ ability to navigate complex spaces.
  • India’s First: Vecros boasts India’s first autonomous drone powered by spatial AI, allowing flight even without GPS.
  • Obstacle Avoidance: Their drones can navigate complex environments and dodge obstacles in 3D space, thanks to AI algorithms.
  • Miniaturization Prowess: They’ve miniaturized AI processing power, fitting it into a lightweight drone, a significant technical challenge.
  • Unique Ask: Unlike many hardware pitches, Vecros requested 1% equity and the remaining 19% as debt, showcasing confidence in their future revenue.
  • Dual Approach: They offer both hardware sales and drone-as-a-service options, catering to diverse client needs.
  • Industry Focus: Targeting specific industries like construction and infrastructure with tailored solutions for maximum impact.
  • Shark Deal: Despite a shaky demo, they secured investment from Anupam Mittal, highlighting their potential and passion.
  • Founders’ Drive: Both founders come from prestigious engineering backgrounds and are driven by the dream of innovation.
  • Market Potential: The drone services market in India is projected to reach billions, offering Vecros a significant growth opportunity.

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