Shark Tank EXPOSED: WatchOut Wearables, Smartwatches, Funding Market ft. Abhishek Baheti | Ep 21

20/09/2024 1h 19min Temporada 1 Episodio 21

Listen "Shark Tank EXPOSED: WatchOut Wearables, Smartwatches, Funding Market ft. Abhishek Baheti | Ep 21"

Episode Synopsis

In this episode, we discuss India's wearable market, the Shark Tank experience, how to navigate the startup & funding ecosystem with Abhishek Baheti, Founder & Director of WatchOut Wearables.The episode features a lot of information if you're an entrepreneur seeking to raise funds and run a successful startup.

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Timestamps:
00:00 - What's coming in the video
01:00 - About Abhishek Baheti
02:08 - Bhavya Desai x Abhishek Baheti starts
03:17 - How's the business doing?
04:31 - Overall Wearables Market Size
05:31 - Wearable market rising by 34% year on year
06:21 - Isn't your Market % too small?
07:39 - Are you #1 in Kids Category?
09:21 - Is 3-13 Years Old Too Young to Introduce Tech?
12:51 - Positive WatchOut Stories
14:56 - How Does receiving Positive Feedback feel?
16:21 - Development Cycle
18:05 - Isn't it time to go to e-SIM?
19:59 - Difficulty in converting to e-SIM
21:20 - Creating a Supply-chain/Make in India
24:35 - How was the Shark Tank Experience?
26:59 - BoAT's entry in the market-how does he feel?
28:44 - Staying Ahead of the Competition
30:28 - Journey after airing on Shark Tank
32:03 - How does the investment money get credited?
33:19 - What is the availability of Sharks?
35:39 - How much guidance is required?
37:41 - Distribution channels & their importance
38:54 - Is it recommendable to enter the distribution business?
40:49 - Difficulty in setting up e-commerce
42:17 - 3 Key Learnings as an Entrepreneur
44:35 - Did Aman lose an opportunity?
46:13 - Onboarding Sharks: Reality Check
48:09 - How is the Funding Market?
48:58 - Is it difficult to stand out and raise funds?
50:59 - First steps for a startup to take
54:29 - Turnaround time for seed fund from Startup India

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