What Happened to WeHear After Shark Tank India?

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.

1 Comment

  • Avatar

    Varin Ahuja

    10 months ago / February 13, 2024 @ 8:45 pm

    Hello, I watched your program on Shark Tank India. I am very much impressed for your Hearing products.
    I am an Indian Thai business man in Thailand.
    Is it possible to have your Representative Office in Bangkok Thailand?
    I know some Indian and other Local person having Hearing difficulties who are not happy using so many international hearing products.
    Best Regards, Varin Ahuja

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *