EcoBiotraps Shark Tank India Season 3: Even though the size of mosquitoes is so small, they cause very serious diseases to us humans like dengue and malaria. There are multiple repellants available in the market but still, we can’t deal with the danger caused by mosquitoes. EcoBiotraps has come up with an innovative idea to break the chain of Mosquito breeding. To learn more about this fascinating business EcoBiotraps Shark Tank India Season 3, stay tuned with us till the end.
EcoBiotraps Shark Tank India Season 3
Eco Bio Traps is a kind of system developed intending to break the mosquito breeding chain so that the rate of hazardous diseases like Dengue and Malaria can be decreased. The founders of Eco Bio Traps presented their product and vision to the Sharks and they were all very excited about the business and product.
Eco Bio Inc. was incorporated in 2017 with the clear objective of saving the lives of citizens from mosquito-borne diseases. They have developed a product Eco Bio Traps which is a bucket-like structure. All you have to do is fill the bucket with water and place it away from the direct or indirect contact of sunlight. An attractant is placed in the tool that attracts female mosquitoes to lay eggs by providing them with a mimicked mosquito breeding ground. Another pouch contains certain ingredients to make sure that the eggs do not grow into adults and hence we could break the chain of Mosquito breeding.
This is an essential step because mosquitoes breed so rapidly. A female mosquito’s life span is only 15-30 days but it could lay 500 – 1000 eggs in this short life. EcoBiotraps on Shark Tank India might be a breakthrough solution to this problem.
Founders Of EcoBio Inc.
Prasad Phadke, Binal Shah, and Nitin Khope are the founding members of EcoBio Inc. and also appeared on Shark Tank India Season 3 to present EcoBiotraps.
Prasad Phadke completed his Bachelor’s degree in product engineering at Bharati Vidyapeeth. He started his professional career journey at B.B TEK Inc in 1998 as a business manager and worked for around 7 years. In 2007, he joined NVIDIA as a Head of Workstation Business and worked till 2012. After that, he joined Hewlett-Packard India Sales Pvt Ltd as a Country Category Manager and left the company in August 2013 to join Autodesk.
He worked at Autodesk till March 2017 and left the company to join Pic Sell Imaging Pvt Ltd as a Director and is still serving it as a part-time advisor. In May 2017, he founded EcoBio Inc. and is serving the company as the Chief Executive Officer.
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EcoBiotraps Shark Tank Business Deal
EcoBiotraps on Shark Tank India Season 3 episode streamed on 14 February 2024. The founders presented their product and vision to the Sharks and asked for Rs 50 Lakh in exchange for 2% equity. Vineeta Singh was the only one who gave them an offer which was Rs 50 Lakh in exchange for 10% equity on which the founders made a counteroffer for 3.33% equity. Vineeta was not ready for this, so EcoBiotraps did not get any deal on Shark Tank.
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Final Words
In this write-up, I have shared all the crucial details about EcoBiotraps Shark Tank India Season 3 including the product and founders. The founders of EcoBio Inc. are on a mission to save the lives of the citizens from the dangerous diseases caused by mosquito bites like Dengue, Malaria, Chikungunya, etc. by breaking the breeding chain of mosquitoes.
Hope this EcoBiotraps Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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FAQs
Who is the CEO of EcoBio Inc?
Prasad Phadke is the founder and Chief Executive Officer of EcoBio Inc.
