WeHear is an audio technology startup working on innovative audio solutions. They have built WeHear OX, the world’s first “SmartHeadphone” working on innovative bone conduction technology, which allows you to hear without your ears.
More About WeHear
WeHear is a startup incubated at i-Hub Gujarat and GUSEC. They have in-house capabilities of product designing, electronics hardware and firmware development, software and mobile development, and electronics manufacturing.
Apart from WeHear OX, they also have built HearNU, a patented World’s first non-surgical Bone-conduction Hearing Aid Product.
Founders of WeHear
Kanishka Patel and Raj Shah are the co-founders of WeHear, an audio technology startup.
WeHear Shark Tank Pitch and Updates
Kanishka Patel and Raj Shah appeared on Shark Tank India season 3 and shared details about their audio technology startup.
The founders started their pitch with the hearing issues that many people face. They also shared details on how these hearing problems will increase in the future. To help people with the same, they have built various products that allow people to hear without any surgery.
As per the founders, they provide cost-effective hearing solutions using advanced technology. At the time of their Shark Tank pitch, they had around 3 granted patents and 3 published patents, and a technical development team of 38 people.
The founder then demanded INR 2.5 crores for 1% equity at a valuation of INR 250 crores.
After the initial pitch, the Sharks started asking various questions from them about their products:
- Peyush Bansal asked about how their product works and how it differs from other competitors.
- Anupam Mittal asked about their target market size and how many of them will benefit from their products.
- Aman Gupta wanted to know about their career background and how they started this company.
After all the discussion, WeHear received only one offer from Peyush Bansal which they accepted after sharing a counter offer.
Company Name | WeHear |
Founders | Kanishka Patel and Raj Shah |
Headquarters | Ahmedabad, Gujarat |
Founded Year | 2019 |
Business | Audio Technology |
Profitability | Yes |
Shark Tank Episode | Season 3 – Episode 7 |
Asked For | INR 2.5 crores for 1% equity |
Deal | INR 2.5 crores for 1% equity with 1.5% advisory equity |
Sharks Invested | Peyush Bansal |
Valuation Given | INR 250 Crores |
Website | Click Here |
WeHear was able to secure a deal of INR 2.5 crores for 1% equity with 1.5% advisory equity from Peyush Bansal.
Frequently Asked Questions About WeHear
After their appearance on Shark Tank India Season 3, people tried to find more information about WeHear. So here are some of the frequently asked questions about them.
1. Who Is The Founder of WeHear?
Kanishka Patel and Raj Shah are the co-founders of WeHear, an audio technology startup.
2. Is WeHear From Shark Tank India profitable?
Yes, WeHear from Shark Tank India is a profitable startup and had a monthly revenue of around 96 lakhs during their Shark Tank pitch.
4. What happened to WeHear after the Shark Tank?
WeHear was able to secure an investment from Shark Tank India and they now will be focusing more on the Indian market and also their new hearing device.
5. What Is The Valuation of WeHear?
WeHear was able to secure an investment from Shark Tank India at a valuation of INR 250 Crores.
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