Vecros is an autonomous drone manufacturing and service-providing startup. They have built a range of smart drones for various purposes and one of them is ATHERA, India’s first self-flying spatial artificial intelligence drone.
More About Vecros
Vecros has built ATHERA, the smart AI drone that can be used at various places including:
- Construction site
- Railway bridges
- Inspection monitoring
- Timely data collection in disaster relief
Founders of Vecros
Besta Prem Sai and Rajeshree Rajesh Deotalu are the co-founders of Vecros, the drone startup.
Vecros Shark Tank Pitch and Updates
Besta Prem Sai and Rajeshree Rajesh Deotalu appeared on Shark Tank India season 3 and shared details about the special drone ATHERA.
The founders started the pitch with a demonstration of their self-flying drone ATHERA. They also shared its various use cases and how it can help in collecting data automatically in various industries.
As per the founders, ATHERA has 8 cameras and a fast processor that allows it to sense the environment and avoid obstacles if any.
After that initial pitch, the founders demanded INR 1 crore for 2.5% equity at a valuation of INR 40 crores.
After that, the Sharks started asking various questions about his business:
- Namita Thapar was interested in understanding their career background and how they got the idea for this business.
- Aman Gupta asked them about their competitors and how they are different from other drone manufacturers.
- Anupam Mittal asked a few questions about their technology and innovation. He also asked questions about their market size and business process.
- Deepinder Goyal wanted to know about their previous investments and the founders shared details about their previous funding rounds.
After all the discussions, Vecros received only one investment offer from Aman Gupta which they accepted after a counteroffer.
| Company Name | Vecros |
| Founders | Besta Prem Sai and Rajeshree Rajesh Deotalu |
| Headquarters | New Delhi |
| Founded Year | – |
| Business | AI Drone Startup |
| Profitability | No |
| Shark Tank Episode | Season 3 – Episode 10 |
| Asked For | INR 1 crore for 2.5% equity |
| Deal | INR 20 Lakhs for 1% equity with INR 80 Lakhs Debt at 10% Interest For 3 Years. |
| Sharks Invested | Aman Gupta |
| Valuation Given | INR 20 Crores |
| Website | Click Here |
Vecros closed a deal of INR 20 Lakhs for 1% equity with INR 80 Lakhs Debt at 10% Interest For 3 Years. from Aman Gupta.
Frequently Asked Questions About Vecros
After their appearance on Shark Tank India Season 3, people tried to find more information about Vecros. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Vecros?
Besta Prem Sai and Rajeshree Rajesh Deotalu are the co-founders of Vecros, the drone startup.
2. Is Vecros From Shark Tank India profitable?
Vecros is a pre-revenue company and is not yet a profitable business.
3. What happened to Vecros after the Shark Tank?
Arata was able to secure a deal from Shark Tank India and they will now be trying to scale the business along with profitability.
4. What Is The Valuation of Vecros?
Vecros was able to secure an investment from Shark Tank India at a valuation of INR 20 crores.
