More About Zerodor
Along with the water saving, Zerodor urinals save a significant amount of money by:
- reducing the sewerage volume along with the consumption of chemicals used to control odor,
- and reducing the electricity consumed otherwise in pumping the water for flushing.
Founders of Zerodor
Uttam Banerjee and Sachin Joshi are the co-founders of Zerodor, a waterless urinal system.
Zerodor Shark Tank Pitch and Updates
Uttam Banerjee and Sachin Joshi appeared on Shark Tank India season 3 and shared details about their unique waterless urinal system.
The founders started their pitch by sharing the fact that traditional urinal systems require a lot of water and money to keep them clean and smell-free.To solve this problem, they came up with several urinal-related solutions to give CPR to this industry that stands for:
- Conserve: Waterless and odorless urinal system
- Protect: Natural cleaning solutions
- Restore: Specially formulated bacterial cultures to treat sewage, and recover water and nutrients.
As per the founders, with their efforts, they are able to save 100 crores+ liters of water.
After that initial pitch, the founders demanded INR 1 Crore for 3% equity at a valuation of INR 33.33 crores.
After that, the Sharks started asking various questions about their business:
- Vineeta Singh asked the founders how they started this business and what was their idea behind this.
- Aman Gupta discussed their roles in the organization and how they feel working with each other. He also asked them to demonstrate the product.
- Peyush Bansal asked them how their product was different than their competitors which are already there in the market.
- Radhika Gupta asked them about their pricing structure for the corporate clients and how much it would cost for them to get it refilled.
- Ritesh Agarwal wanted to understand their profit margins and sales for the past few financial years.
After all the discussion, the founders only received one investment offer from Peyush Bansal with the condition that they focus only on waterless urinals. In the end. they were not able to close a deal because the valuation was not matching.
Company Name | Zerodor |
Founders | Uttam Banerjee and Sachin Joshi |
Headquarters | Ahmedabad, Gujarat |
Founded Year | 2013 |
Business | Waterless Urinals |
Profitability | Yes |
Shark Tank Episode | Season 3 – Episode 19 |
Asked For | INR 1 Crore for 3% equity |
Deal | No Deal |
Sharks Invested | No Deal |
Valuation Given | No Deal |
Website | Click Here |
Zerodor was not able to secure a deal from Shark Tank India because the Sharks were not happy with their business execution.
Frequently Asked Questions About Zerodor
After their appearance on Shark Tank India Season 3, people tried to find more information about Zerodor. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Zerodor?
Uttam Banerjee and Sachin Joshi are the co-founders of Zerodor, a waterless urinal system.
2. Is Zerodor From Shark Tank India profitable?
Yes, Zerodor is a profitable business and they had a net margin of 7% in FY22-23.
3. What happened to Zerodor after the Shark Tank?
Zerodor was not able to secure any investment from Shark Tank India season 3. However, they are still working on the vision and focusing on scaling their business.
4. What Is The Valuation of Zerodor?
Zerodor came on Shark Tank India to raise investment at a valuation of INR 33.33 crores.