Smart Helmet Shark Tank India – Company Profile, Pitch and Investment Details

Altor Smart Helmet is world’s first software-enabled helmet module to make bike rides easier, safer and more efficient – specifically targeted towards increasing the fleet efficiency of two-wheeler driven economies in the delivery, logistics and bike-sharing sectors.

Features of Altor Smart Helmet

This helmet made for day-to-day commuters, who need phone connectivity, infotainment & convenience, and at the same time who care about safety.

It come with fast Bluetooth Connectivity – a rider can accept and reject calls on-the-go, invoke Google Assistant for audio navigation, all from inside the helmet itself, with a single finger swipe.

The entire device is OTA (Over-The-Air) Upgradable. So, the buyers would be able to avail all the updates that they develop for this product in the coming future.

The system detects whether or not a rider is wearing the helmet, and will only activate functionalities on proper wear. It has unmatched audio clarity even in half face mode. Most importantly, it can detect accidents and immediately informs the preset emergency contacts of the rider with the location details. It has 12-40 hours of battery life based on usage.

Their one-sided speaker provides the perfect audio for daily commute, while not compromising on safety. The rider at no point, gets cut off from the ambient road signals and sounds.

Altor Smart Helmet Price

Visit their website https://altorsmarthelmet.com/ at just Rs 2999.

Altor Smart Helmet: Revolutionizing Motorcycle Safety in India

Altor Smart Helmet, a revolutionary product designed to improve motorcycle safety, was pitched in Shark Tank India Season 1. The entrepreneur, who had a personal experience with a friend’s fatal motorcycle accident, was inspired to create a solution that could prevent such incidents from happening again. With over 25 crore bikers in India, the entrepreneur recognized the need for a smart helmet that could detect accidents and immediately notify emergency contacts.

The Problem:

Motorcycle accidents in India result in the deaths of more than 25 crore bikers every year. Tragically, the entrepreneur’s friend lost his life in an accident, and it was this incident that triggered the need for creating Altor Smart Helmet. The entrepreneur realized that there was a lack of solutions in the market that could quickly detect accidents and inform the rider’s family members.

The Altor Smart Helmet Solution:

Altor Smart Helmet is the first range of smart helmets in India designed to address the issue of accidents. Equipped with accident detection technology, the helmet immediately alerts emergency contacts and sends a message to them if the rider meets with an accident. Since its launch on November 15th, Altor India has sold over 100 products and received more than 500 pre-orders.

Investment Proposal:

In the Shark Tank India episode, the entrepreneur sought an investment of 50 lakh rupees with a 5% equity stake. The Sharks were impressed with the product and its potential impact on motorcycle safety in the country. Each Shark considered the offer and expressed their interest in investing, showcasing their belief in the product’s viability and potential market reach.

 

Altor Smart Helmet aims to revolutionize motorcycle safety in India by providing an innovative solution that can detect accidents and immediately notify emergency contacts. With its promising features and potential for growth, Altor India has gained significant traction in the market. The pitch in Shark Tank India Season 1 demonstrated the potential impact of the product and garnered the interest of the wealthy investors, further solidifying its potential success.