What Happened to 80 Wash After Shark Tank India?
What is 80 Wash?
80 Wash is a washing machine that cleans dirty clothes in 80 seconds. It doesn’t need any water or detergent to clean the clothes.
Any normal washing machine takes 15 ~ 20 liters of water to clean dirty clothes. But 80 Wash washing machine takes only half glass water to do the same job. It removes all the odor and bacteria from clothes in 80 seconds of time.
This product was researched at Chitkara University.
Who is the Founder of 80 Wash?
Nitin Saluja, Varinda Singh & Rouble Gupta are the founders of 80 Wash. They are from Chandigarh.
80 Wash Before Shark Tank India?
They’ve done R&D for 5 years on this product.
They’ve sold 40 pieces of 80 Wash washing machines in their entire lifetime. The sharks wanted to see the 80 Wash washing machine in action. Mainly hospitals, salons, and hotels bought these machines.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹1 Crore for 2.5% equity in the business. Which gives the company a valuation of ₹40 Crores.
How to use 80 Wash washing machine?
Once you load the dirty clothes inside the machine, you wait a couple of minutes to generate immediate supersaturated phase technology. It’s steam technology that will eventually clean the clothes.
They’ve filed a patent application for this technology. You can get more information on their brand website.
Unit Economics of 80 Wash
The price of 80 Wash washing machine is ₹26,999. The making cost is ₹19,500. Their average selling price is ₹40,000.
Which shark gave 80 Wash an offer?
After the washing machine demonstration, all the sharks were disappointed with the product. No sharks gave any offer.
What deal did 80 Wash get in Shark Tank India?
80 Wash didn’t get any deal in Shark Tank India.
| Company Name | 80 Wash |
| Founder | Nitin Saluja, Varinda Singh & Rouble Gupta |
| Asked Amount | ₹1 Crore for 2.5% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹40 Crores |
| Company Website | 80wash.com |
| Company Status | In Business |
What is the net worth of 80 Wash?
I don’t how to calculate their net worth at this point. Because their product demo didn’t go according to their pitch. But, according to the founders, the net worth of 80 Wash is ₹40 Crores.
Is 80 Wash still in Business?
Yes, 80 Wash is still doing business in the washing machine sector.
