Learn More About WOL3D, Shark Tank Featured 3D Printing Startup

WOL3D raised INR 80 lakhs from Shark Tank Season 2. Aman invested in this start-up. The pitcher asked for 1.5 crores for 1% stake in the company.

Aman offered 80 lakh rupees for 2% ownership and 70 lakh loan. Pitcher’s counter-offer was 80 lakhs for 1.5% equity and 70 lakhs loan. The agreement was subsequently signed with Aman for 80 lakhs in exchange for 2% equity and 70 lakhs debt.

Click here to visite official website: WOL3D

WOL3D is a manufacturer and distributor of 3D printers, 3D pens, and 3D filaments with 10 offices across India. We are the pioneers of consumer 3D printing in India, offering a diverse range of products such as 3D prototyping services, 3D printers, 3D filaments, and 3D pens.

Related: Shark Tank India Season 3 Has Seen Goenchi Feni Raise $2 Million

The company’s founders are Rahul Chandalia, Shaloni Chandalia, Pradeep Jain, and Swati Jain. They came from Mumbai. They got the idea from an exhibition featuring commercial printers, so why not create little 3D printers that can assist the general public?

They had no intention of starting a 3D printing company, but the idea struck us in January 2016 when visiting an exhibition in Mumbai and seeing a live 3D printer.

One of their creators, Pradeep Jain, stated, “One machine can make anything; this is the future of technology,” which is when we three began our investigation and analysis. They explored many websites and traveled to China, Taiwan, the United Kingdom, and other nations to meet producers and gain more in-depth knowledge.

Finally, the day had arrived; in April 2016, they established their brand in India, “WORLD OF LILLIPUTS,” and began work in a 350-square-foot area by creating miniatures of humans, replicas of anyone. Brilliant concept, for which they purchased 3D printers, scanners, and raw materials. They organised events and exhibitions to promote our brand.

After a few months, they understood that this was only a drop in the ocean and a little part of the 3D Printing Industry, so we chose to become the ocean. We began looking for firms where we might become Indian partners, and that’s when we signed our first contract with Flashforge. Who knew at the moment that we would become their sole partners in India?

WOL3D is one of India’s most popular online 3D printing brands. They have introduced dependable and inexpensive 3D printers, 3D filament, 3D prototyping services, 3D magical pens, and 3D printers. They have already supplied over 25,000 3D printers. Only 4000 were distributed to schools.

They also have ten WOL3D-printed experience centres. They have a business website and are also available on marketplaces and experience centers. They operate as a 3D printing ecosystem. One of the necessary goods they produce is their own filaments. They collaborate with Ola Cabs and Samsung, among other companies.

They have eight offices in India and work with over 100 reputable resellers. They just relocated their head office to a larger area of 5000 square feet in Mumbai, India’s business capital. Their total crew size grew to about 35 members.

WOL3D’s objective is to create and provide high-quality, dependable, and affordable 3D printing machines. With the goal of helping the Indian market by making 3D printing more affordable and accessible.

They want to make their printers user-friendly so that prototyping and manufacturing go smoothly. They aim to bridge the gap between ideation and manufacturing by offering high-quality, low-cost 3D printers.

They flourished as a team, and their creator, Rahul Chandalia, always believed in one thing: “Collaboration is the next big thing”

Here are some competitors of WOL3D, an Indian 3D printing startup.

Creality: A firm that manufactures the Ender 6 3D printer, a low-cost machine with features such as a filament runout sensor and print resuming after power interruption.

Bambu Lab: A 3D printer manufacturer.

Phrozen: A company that manufactures the Sonic Mega 8K S, a massive resin 3D printer.

Other 3D filament brands include: Flashforge PLA Matt Filament and Flashforge PLA Silk Filament.

Shark Tank India showcases a dynamic platform where aspiring business owners pitch their concepts to influential investors, hoping to gain the support and resources needed to scale their enterprises.