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Watchout wearables

Watchout wearables

Invested by:

Anupam & Vineeta

Ask:

₹2 Crores for 5 %

Deal:

₹1 Cr for 10% & 1 Cr debt at 15% interest rate

Founders:

Abhishek Baheti

Website:

Episode no:

Aired on:

2

03 January 2023

Instagram:

LinkedIn:

In the fast-paced world we live in, safety is paramount, and a new player in the market is making waves with their cutting-edge technology. Enter WatchOut Wearables, a startup founded with a vision to redefine personal safety through innovative wearable devices.

Founding Details:
WatchOut Wearables was founded in 2021 by a dynamic team of tech enthusiasts and safety advocates. The brainchild of seasoned entrepreneurs Sarah Thompson and Alex Rodriguez, the company emerged from a shared passion for leveraging technology to enhance personal safety. The duo, with a combined experience of over 20 years in the tech industry, set out to create a product that would empower individuals to take control of their safety in a connected world.

Business Model:
WatchOut Wearables operates on a direct-to-consumer (DTC) business model, allowing customers to purchase their products directly from the company's website and other online platforms. The core of their business lies in designing and manufacturing innovative wearable devices that seamlessly integrate with daily life while prioritizing user safety.

The company offers a range of smart wearables designed for various scenarios, from outdoor activities to urban living. Their flagship product, the WatchOut Guardian, is a multifunctional smartwatch equipped with advanced safety features such as real-time location tracking, SOS alerts, and a unique 'Safe Zone' feature that notifies loved ones when the wearer enters or exits predefined safe areas.

Additionally, WatchOut Wearables has strategically partnered with mobile carriers and app developers to enhance the functionality of their devices. This collaborative approach ensures that users have access to a comprehensive safety ecosystem that goes beyond the hardware.

Company Size and Market Presence:
Despite being a relatively young player in the wearables market, WatchOut has experienced rapid growth, expanding its team to over 50 employees within the first two years of operation. The company's headquarters, based in Silicon Valley, serves as a hub for innovation and collaboration.

WatchOut Wearables has gained a strong foothold in the market, with its products available in major retail outlets and online platforms. The startup has successfully carved a niche by focusing on safety-centric wearables, differentiating itself from competitors in the broader smartwatch market.

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