Ahmedabad, Gujarat Apr 13, 2024 (Issuewire.com) – WeHear, a revolutionary hearing enhancement company from Ahmedabad, Gujarat, made history on the popular investment show Shark Tank India (Season 3) by securing the highest valuation ever offered on the program. The groundbreaking technology and passionate presentation by the founders captivated the Sharks, leading to a bidding war that culminated in a Rs. 2.5 crore investment for a 1% stake ( plus 1.5% advisory ) in the company.
WeHear’s flagship patented product, the Hearnu, is designed to help people with hearing aids. This unique solution addresses a critical need for millions of people worldwide who struggle with ear disabilities and deficits.
The Co-Founders, Raj Shah and Kanishka Patel impressed the Sharks with their deep understanding of the hearing loss market, their commitment to improving lives, and their clear vision for the future of WeHear. “We believe everyone deserves the ability to hear clearly. Our focus is on making hearing solutions affordable and widely accepted,” said Raj Shah – Co-Founder of WeHear.
Peyush Bansal – the founder & CEO of Lenskart, who ultimately secured the deal, was particularly impressed by the potential and commitment of the founders. He believes that WeHear has the potential to revolutionise the hearing aid industry and is excited to be a part of the company’s journey.
This landmark investment is a testament to the innovative spirit of Indian entrepreneurs and the growing global demand for accessible and effective hearing solutions. WeHear’s success on Shark Tank India is sure to inspire other aspiring entrepreneurs and pave the way for even more advancements in the HealthTech industry.
About WeHear
WeHear is a leading hearing enhancement company based in Ahmedabad, Gujarat, India. Founded by Raj Shah and Kanishka Patel, the company is dedicated to empowering people with hearing impairment by providing them with innovative, affordable and personalised hearing solutions.
Media Contact
WEHEAR INNOVATIONS PRIVATE LIMITED
9033047732
805, Supath Complex, Vijay Cross Rd, Navrangpura
Source :WeHear Innovations Pvt Ltd
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COMTEX_450790128/2777/2024-04-13T08:27:06
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