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KolkataWest Bengal

Ask: 50.00L for 5% At Valuation: 10.00Cr

Deal: 50.00L for 7% At Valuation: 7.14Cr

Investment By:


Idea: Smart Helmets

Founders: Shamik Guha

Pitch No. 25
Season 1, Episode: 9
Titled: Defining Innovations

About Altor

We are a 2018-established VC and Govt. of India backed startup based out of Kolkata, India. A new-age tech company dealing in IoT and ML applications for two-wheeler automotive industries, we have raised funding from some of the leading incubators, angels and venture capital funds in Asia (including NASSCOMM,NIDHI-PRAYAS, CiE at IIIT-Hyderabad, as well as Asia's largest sector-agnostic VC fund, Venture Catalyst ), and are dedicated to keeping the rider safer on the road. We have been covered in articles by leading publications such as YourStory, Deccan Chronicle, and Inc42, who had named us one of the most promising Indian startups in 2020. Our team of engineers are hard at work in R&D on your everyday commute problems, and have developed proprietary accident detection to chip away at the 50,000+ two-wheeler accidents annually, and to keep every ride easy and intuitive. Our vision is to make a tangible dent in the accident numbers that India sees, by making helmets that you'd want to wear, instead of feeling like you have to. Our patented accident detection technology is currently being piloted by some of the biggest companies in the space, and we have shown marked improvement in bettering rider safety.We are in the process of developing some of the most innovative IoT-based modules in the automotive ecosystem alongside our flagship product as well Here's to hoping that India turns safer, as we develop further, with your support by our side.