January 13, 2025

Kashmiri startup on Shark Tank India gets Rs 90 lakh funding, vote of confidence for last-mile delivery businesses

admin February 1, 2023 1906

Lenskart CEO Piyush Bansal and boAt CEO Aman Gupta committed Rs 90 lakh in funding to FastBeetle, which plans to use the money to open a branch in Ladakh, and for HR and tech expansion,

Logistics tech platform headquartered in Srinagar, FastBeetle was co-founded by two friends Abid Rashid and Sheikh Samiullah in 2019.

FastBeetle, a logistics startup, this month became the first Kashmiri business to pitch for funding on Shark Tank India, the business reality television series on SonyLIV, and a franchise of the famous American show Shark Tank.

The three-year-old logistic courier company from Jammu & Kashmir has raised Rs 90 lakh in Season 2 of the reality show.

Shark Tank India program offers an opportunity for business owners to present their pitches (entrepreneurial concepts) and potentially gain financing from the judges known as “sharks”.

FastBeetle is one of the 198 startups to make it to the finals – according to SonyLIV, 8 lakh entrepreneurs had applied for season 2.

Sheikh Samiullah, CEO of FastBeetle, told Moneycontrol that the startup has raised a bridge round of Rs 90 lakh from two sharks—Lenskart CEO Peyush Bansal and boAt co-founder Aman Gupta. “Luckily, we managed to bag a big one… The investment amount will be utilised on human resource expansion and for the tech development of the company,” Samiullah added.

About The Author

admin

See author's posts

More Stories

Now hiring, say startups after firings

admin February 6, 2023 883

After criticism, Byju’s introduces new process to verify customer consent

admin January 27, 2023 429
Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain said India has the third largest startup ecosystem in the world and the way startups here are performing; soon the country will become a top ecosystem globally.

Data | Indian startups founded in 2021 took only 28 months to go from seed stage to Series A funding: RBI paper

admin January 26, 2023 444

1,906 thoughts on “Kashmiri startup on Shark Tank India gets Rs 90 lakh funding, vote of confidence for last-mile delivery businesses”

  255. comprare la patente. offriamo durata, qualità di stampa eccezionale e un’impressione generale di qualità e autenticità. Analizza una varietà di caratteristiche come codici a barre, bande magnetiche, chip intelligenti e sovrapposizioni olografiche. Includono anche laminati olografici che aggiungono autenticità alle carte.
    comprare patente

    Reply

  258. Koop uw rijbewijs online. wij bieden duurzaamheid, uitzonderlijke printkwaliteit en een algehele indruk van kwaliteit en authenticiteit. Analyseer een verscheidenheid aan functies, zoals streepjescodes, magnetische strepen, slimme chips en holografische overlays. Ze bevatten ook holografische laminaten die authenticiteit aan de kaarten toevoegen.
    rijbewijs kopen

    Reply

  259. Koop uw rijbewijs online. wij bieden duurzaamheid, uitzonderlijke printkwaliteit en een algehele indruk van kwaliteit en authenticiteit. Analyseer een verscheidenheid aan functies, zoals streepjescodes, magnetische strepen, slimme chips en holografische overlays
    rijbewijs-kopen belgie

    Reply

  260. Comprar carta de condução online. oferecemos durabilidade, qualidade de impressão excepcional e uma impressão geral de qualidade e autenticidade. Analise uma variedade de recursos, como códigos de barras, tarjas magnéticas, chips inteligentes e sobreposições holográficas. Eles também incluem laminados holográficos que adicionam autenticidade aos cartões.
    Comprar carta de conducao

    Reply

  261. Köp ditt körkort online. vi erbjuder hållbarhet, exceptionell utskriftskvalitet och ett helhetsintryck av kvalitet och autenticitet. Analysera en mängd olika funktioner som streckkoder, magnetremsor, smarta chips och holografiska överlägg. De inkluderar även holografiska laminat som ger äkthet till korten.
    köpa körkort

    Reply

  262. Compre su licencia de conducir en línea. ofrecemos durabilidad, calidad de impresión excepcional y una impresión general de calidad y autenticidad. Analice una variedad de funciones, como códigos de barras, bandas magnéticas, chips inteligentes y superposiciones holográficas. También incluyen laminados holográficos que añaden autenticidad a las tarjetas.
    comprar licencia de conducir

    Reply

  327. motorrad  führerschein kaufen , lkw führerschein kaufen ohne prüfung österreich, bus führerschein kosten österreich. führerschein online kaufen, auto c ohne prüfung köln, führerschein klasse b kaufen, deutschen registrierten führerschein kaufen berlin, österreich führerschein kaufen legal in deutschland, führerschein in deutschland kaufen, PKW führerschein kaufen österreich, deutschen führerschein legal kaufen in österreich, kaufe deutschen führerschein, eu-führerschein kaufen,wie viel kostet der führerschein in österreich. https://fuhrerscheinkaufen-legal.com/

    bvc

    Reply

  328. comprare una patente, Comprare la patente di guida reale e registrata dal nostro sito Web senza scrivere esami o sostenere il test pratico. tutto ciò di cui abbiamo bisogno sono i tuoi dati e saranno registrati nel sistema entro i prossimi otto giorni. La patente di guida deve seguire la stessa procedura di registrazione di quelle rilasciate nelle autoscuole, l’unica differenza qui è che non dovrai sostenere gli esami, comprare patente b.
    https://patentebcomprare.com/

    nb

    Reply

  332. kupovina vozacke dozvole,kako kupiti vozacku dozvolu u srbiji, lazna vozacka dozvola, kupiti vozacku u bosni, kako kupiti vozacku dozvolu, kupiti vozacka dozvola hrvatska cijena, kupovina vozacke dozvole na crno, kupiti vozačku dozvolu, kupljena vozacka dozvola, kupiti vozacka dozvola bez polaganja, kupiti vozacku dozvolu, kupi lažna vozačka dozvola, kupiti vozacku u hrvatskoj, kupite vozacka dozvola hrvatska, vozacka dozvola na crno, zamena srpske vozacke dozvole u italiji 2023
    https://kakokupitivozackudozvolu.com/

    mnb

    Reply

  333. acheter permis de conduire en ligne, acheter un permis de conduire belge, achat permis de conduire, acheter un permis de conduire, acheter permis de conduire belgique, acheter le permis de conduire, permis de conduire acheter, faux permis de conduire belge, j’ai acheter mon permis de conduire sur internet, acheter son permis de conduire belgique, acheter son permis de conduire légalement, acheter un vrai permis de conduire, acheter permis moto a2, acheter permis moto étranger, Acheter permis de conduire enregistré, acheter permis de conduire enregistré en préfecture forum, permis de conduire légalement enregistré. https://permisdeconduireacheter.com/

    Reply