What Happened to Woloo After Shark Tank India?
Finding a decent bathroom in India is very hard for women. Men can manage anywhere anytime but for women, it’s a big issue.
Imagine you’re a girl, you’re traveling and you need to use the bathroom. Where will you go? You don’t just need any bathroom, you need a bathroom that’s safe and clean and maintains proper hygiene. It’s a big problem for young girls also. A lot of young girls drop out of school because they don’t get proper bathroom facilities.
To solve this problem Woloo can help you. Woloo is a loo-finding application that can easily navigate the nearest bathroom for you. These bathrooms were previously checked by the Woloo team, so you know you’re getting the best option out there.
Woloo Before Shark Tank India?
Currently, there are 25000 curated washrooms in the Woloo app. It is being operated in 400+ cities in India. It works on a subscription model.
| Monthly Subscription | Annual Subscription |
| ₹99 | ₹365 |
Who is the Founder of Woloo?
Supreet Kaur Shah, Manish Kelshikar & Rupali Kelshikar are the founders of Woloo.
How much money did they ask for Woloo?
They came to Shark Tank India seeking ₹50 Lakhs in exchange for 4% of the company. Which gives the company a valuation of ₹12.5 Crores.
If you’re a restaurant owner, you might have 1 question. Why would you let anyone who’s not purchasing anything from your restaurant, use your bathroom?
Well, the founders answered that really well. They said the Woloo application will give these restaurants more footprint. Also, the Woloo team will help them maintain the bathrooms better.
How to use Woloo?
If you open the Woloo application it will take your current location and the map will show you all nearby restaurants that are certified by Woloo. The app will show you the distance between your location and the bathroom location.
The app has been downloaded 12000 times. It has 6000 paid users and 4000 active users.
Their revenue was ₹23 Lakhs for 3 months. ₹9 Lakhs in 1 month.
Which shark gave Woloo an offer?
Ashneer Grover was out. He thought the problem wasn’t solved at the platform level fully. He couldn’t understand the money-making side of the business.
Vineeta Singh was out because she thought the person using the bathroom would have the pressure of buying things from the restaurant. She said people could already use the bathroom guilt-free without the need for the application.
Aman Gupta was out because he thought the bathroom finder approach the business was taking was flawed. People can already check Google and find decent bathrooms. Aman thought the need for the application might become obsolete.
Peyush Bansal thought the solution they were providing was very complex. That’s why he was out.
Ghazal Alagh was out.
Anupam Mittal thought this couldn’t become a business in the long run. That’s why he was out.
Namita Thapar gave an offer. ₹25 Lakhs for 10% equity and ₹25 Lakhs debt at 12% interest.
| Offer |
| Namita Thapar – ₹25 Lakhs for 10% & ₹25 Lakhs debt at 12% |
They gave a counteroffer. ₹35 Lakhs for 6% equity and they didn’t want any debt.
| Company Name | Woloo |
| Founder | Supreet Kaur Shah, Manish Kelshikar & Rupali Kelshikar |
| Asked Amount | ₹50 Lakhs for 4% |
| Final Deal | No Deal |
| Current Net Worth | ₹12.5 Crores |
| Company Website | woloo.in |
| Company Status | In Business |
What deal did Woloo get in Shark Tank India?
Namita refused the offer. No deal happened.
