Three young founders of tech gear brand Jarsh revealed that around 25 lakh people die while tending power cables, clearing buildings and entering mines while pitching their business on Shark Tank India Season 4. The founders – Kaustubh, Anand and Sreekanth from Hyderabad – – revealed that they create helmets, equipment and gear to protect workers who tend to use electrical cables, clean buildings and enter mines.

One of the founders, Kaustubh, said that they have proprietary technology that works on a solid state cooling module. When asked who will use this product, he said that their product positioning is not about comfort, adding that they provide a heat stress solution in the form of a helmet.

A similar solution has already been provided to police departments. He also mentioned that no other brand is doing the same with helmets. During their presentation, they also revealed that their brand name was inspired by the character of Jarvis Iron Man movies

They admitted that they are currently selling products at a very high price as air-conditioned helmets cost ₹17,000 while a normal helmet costs ₹200. The founders sought an investment of ₹50 lakh in exchange for a 1% stake in their company, taking their brand valuation to ₹50 crore.

CMO Aman Gupta offered Jarsh’s founders ₹50 lakh for a 1.5% stake, which the founders accepted. Needless to say, social media users were impressed by the founders for giving the show a solid deal. They mentioned that the founders were right to go with Aman Gupta because of his expertise in wearables.

“Kausthub was my classmate at school and my best friend. I’ve seen him and the Jarsh team, and I’m so happy with how far they’ve come! They’ve worked incredibly hard and it’s inspiring to see I wish they had mentioned in the presentation how KTR supported them in the early days and their booth at the Dubai Global Expo, that’s just the beginning for them.Can’t wait to see what they get up to then follow making us proud, Kausthub – the sky’s the limit!” one user wrote.

“They chose Aman because of their expertise in making wearable devices, which can help their strain sensors and other devices,” commented a second user.

“I saw this pitch. Amazing innovation, good and humble founders,” wrote a third user.

“They actually picked the right shark and went for the right idea of ​​not diluting themselves further. This can be scaled not only in India but also globally,” said a fourth user.

“Nice presentation but too expensive. Companies or government won’t buy these expensive helmets for their staff,” commented another user.