- Founder/Owner: Uttam Banerjee and Sachin Joshi
- Business: Waterless Urinals
- Ask: ₹1 Crores for 3% Equity
- Valuation/ Networth: ₹33.33 Crores
- Funding: No Deal
- Sharks: No Deal
- Episode: Season 3 Episode 19
Zerodor Shark Tank India Pitch:
Zerodor operates on the CPR model. The first model is Conserve, in which they sell waterless and odorless urinals. The second model is Protect, using natural cleaning solutions. The third model is Restore, which involves specially formulated bacterial cultures to treat sewage and recover water and nutrients. They have installed more than 30,000 waterless urinals, saving more than 100 crore liters of water. Zerodor’s product has 0.1 ppm compared to other brands, which have 15-20 ppm, and this product is patented.
Zerodor Revenue & Financials during Shark Tank India:
In FY18-19, they recorded ₹2.1 crores in sales. The following year, they achieved ₹1.6 crores in sales. In the subsequent financial year, they returned to ₹2.1 crores in sales. By FY 22-23, they surpassed ₹2.8 crores in sales with a 7% net margin. As of FY23-24 (Till October), they have exceeded ₹2.3 crores in sales. Regarding the sales split, waterless urinals account for 33.3%, sewage treatment for another 33.3%, and natural cleaners for the remaining 33.3%. In 2016, they conducted their first fundraising round, raising ₹2 crores at a valuation of ₹13.33 crores. They currently hold ₹80 lakhs in the bank
Who are founders of Zerodor?
Zerodor is founded in 2013 by Uttam Banerjee and Sachin Joshi. Uttam is from Ahemdabad and sachin is from Mumbai. Uttam has 42.73% equity stake where Sachin has 35% equity stake. Investor has 15%, 4.25% held by IIT Delhi and 3% hold by Uttam Mentor.
Zerodor Shark Tank India Negotiations & Funding:
Vineeta was first shark which is opt to out as she could not find problem why they are not growing. Aman was also out of negotations as he believes business is still very small after 7 years. Radhika believes founders are get distracted and they need to find there hero and focus on that product and choose to out. Ritesh has same views as Radhika and also sideline from negotations and asked to reach out once they finalize the product.
The last shark Peyush offer ₹1 crores for 10% equity but with condition that Zerodor will only focus on waterless urinals and hires a person to lead sales. Founder counter it with ₹1.5 Crores for 10% Equity. Peyush said no. Founder revised the counter offer to ₹1 Crores for 6.5% equity. Deal not finalized.
How is Zerodor doing after Shark Tank India?
Our research on Zerodor revealed that despite not securing a deal on Shark Tank India, their appearance on the show provided them with validation and nationwide exposure, which would facilitate the growth of their business. We will update this article when their financials become available, but for now, you can explore their products on Amazon by clicking the button below!
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Source: Instagram @Zerodor.in
Here are other companies from Season 3 Episode 19.