Jarsh Safety, a Hyderabad-based safety equipment company, made a strong impact on Shark Tank India Season 4, Episode 11, by securing a deal for its innovative approach to industrial safety.
The company specializes in IoT-enabled safety tools designed to prevent and predict accidents in industrial workspaces.
Founded by Kausthub Kaundinya Y, Sreekanth Kommula, and Anand Kumar, Jarsh Safety sought ₹50 lakh for 1% equity, valuing the company at ₹50 crore.
The founders showcased their vision of enhancing workplace safety with smart, connected solutions that are both reliable and user-friendly.
The sharks quickly showed interest. Namita Thapar was the first to make an offer, proposing ₹50 lakh for 2% equity, along with a 1% royalty until her investment was recovered. Ritesh Agarwal then offered ₹1 crore for 3% equity. In response, Namita revised her offer to ₹50 lakh for 1.5% equity.
Aman Gupta joined the competition with an offer of ₹50 lakh for 2% equity, later revising it to 1.5%. Meanwhile, Peyush Bansal offered ₹1 crore for 3% equity, matching Ritesh’s offer.
In the end, Aman Gupta further reduces his equity offer to ₹1 crore for 1.5% helped him win the deal.
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Founded in 2017, Jarsh Safety specializes in IoT-enabled safety equipment that delivers real-time insights and predictive measures to help prevent workplace accidents. The company focuses on creating innovative, easy-to-use solutions tailored to industrial needs.
According to Tracxn, Jarsh Safety has raised a total of $1.01 million across three funding rounds, with the latest investment from Shark Tank India marking a significant milestone.
With funding and mentorship from Aman Gupta, Jarsh Safety plans to expand its product line and strengthen its presence in India’s growing industrial safety market.
