Brandsdaddy presents a creative automatic fire extinguisher meant to identify and put out flames on their own initiative without human involvement. The device seeks to improve fire safety in many different contexts, including businesses, workplaces, and households. Using cutting-edge technology, it detects the start of a fire and releases a fire suppressant automatically, therefore stopping the spread of flames. The automatic character of the gadget makes it a useful addition to fire protection systems since it provides peace of mind and a quick approach to handle fire dangers. The small, simple to install gadget offers a proactive way to reduce damage connected to fires.
Company Name: Brandsdaddy
Founder: Roshann Mishra and Ankita Gandhi
Product: Automatic Fire Extinguisher
Highlights
- Automatic fire detection and suppression system.
- Compact and easy to install.
- Suitable for homes, offices, and industrial settings.
- Provides proactive fire safety without human intervention.
- Releases a fire suppressant to prevent fire spread.
- Enhances fire safety with minimal maintenance.
- Cost-effective solution for fire hazard management.
Pitch Details
Ask: ₹70 lakhs for 5% equity (Valuation: ₹14 crores).
Deal: After negotiations Namita Thapar invested ₹35 Lakhs for 5% Equity and ₹35 Lakhs debt @12% interest
Investors: The investment came from Namita Thapar.
Conclusion: For Brandsdaddy, the agreement with Namita thapar was a major victory since it obtained the funding needed to expand their creative automatic fire extinguisher invention. Supported by two seasoned businesspeople, the company not only acquired the required capital but also access to their large networks and invaluable mentoring. By means of this alliance, Brandsdaddy positioned themselves for future expansion in the fire safety industry, therefore enhancing their reach and increasing the market acceptance of the product. The product’s appeal to the Sharks revealed its ability to significantly influence fire safety in many other sectors.
