Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur

Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur

Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur/Age/net worth/investor/startup/motorcycle safety with technology/Shamik Guha sto

Biography of Shamik Guha:

Shamik Guha is a dynamic entrepreneur making strides in the smart mobility sector as the Co-Founder and CEO of Altor. His journey began with a passion for technology and a keen interest in addressing real-world problems. By developing innovative products, Shamik aims to enhance motorcycle safety and efficiency, targeting a significant need in the growing biking community.

Educational Background

Shamik’s educational foundation was laid at the Institute of Engineering and Management in Kolkata, where he earned a Bachelor of Technology in Electronics and Communications Engineering from 2014 to 2018. His time at university was marked by leadership roles and active participation in various clubs, including robotics and music, showcasing his versatility and commitment to teamwork.

Early Professional Experiences

Before launching Altor, Shamik gained valuable experience at the Indian Institute of Technology, Bombay, where he worked as a source code developer. His role involved creating functions for Scilab, an open-source programming language used in electronics. This experience honed his technical skills and deepened his understanding of software development in engineering.

The Birth of Altor

In September 2016, Shamik co-founded Altor with a mission to improve motorcycle rider safety through advanced technology. Their flagship product, the smart helmet, is designed to enhance the riding experience with innovative features such as accident detection, audio navigation, and Bluetooth connectivity, making it a game-changer in the market.

Seeking Investment

To scale his startup, Shamik turned to Shark Tank India, seeking ₹50 lakhs for 5% equity in Altor. The exposure from the show not only provided a platform to showcase his product but also opened doors to crucial investments and partnerships that could help propel his vision forward.

Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur/Age/net worth/investor/startup/motorcycle safety with technology/Shamik Guha sto

Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur/Age/net worth/investor/startup/motorcycle safety with technology/Shamik Guha sto

Securing Funding

During his Shark Tank pitch, Shamik successfully negotiated with investors, ultimately securing ₹50 lakhs for a 7% equity stake in Altor. The support from sharks Namita Thapar and Aman Gupta was instrumental, providing both financial backing and mentorship that would guide Altor’s growth trajectory.

Altor's Innovative Features

Altor’s smart helmet stands out due to its array of features aimed at enhancing safety and convenience. It can detect accidents, sending alerts with time and location to emergency contacts. Additionally, it provides turn-by-turn voice navigation and allows users to control their ride with simple swipe commands, such as answering calls or adjusting music.

Gaining Momentum

Following their appearance on Shark Tank India, Altor leveraged the exposure to increase brand visibility and attract a broader customer base. This opportunity not only helped them secure investment but also positioned Altor as a key player in the smart helmet market, fostering interest among potential consumers and partners.

Commitment to Safety

Shamik's vision extends beyond just creating a product; he is dedicated to making motorcycle riding safer for everyone. By combining cutting-edge technology with user-friendly features, Altor aims to empower riders, ultimately contributing to a reduction in accidents and enhancing the overall riding experience.

Inspiring Future Innovators

Shamik Guha’s entrepreneurial journey exemplifies the power of innovation and dedication. His work at Altor inspires others to think creatively and develop solutions that address pressing issues in society. As he continues to lead Altor toward new heights, Shamik serves as a role model for aspiring entrepreneurs in the tech and mobility sectors.

A timeline based on Shamik Guha's journey:

2014-2018: Shamik earns a B.Tech in Electronics and Communications from IEM, Kolkata.

2016-09: Co-founds Altor to enhance motorcycle safety with innovative technology.

2020-01: Launches the flagship smart helmet with advanced safety features.

2022-07: Appears on Shark Tank India, seeking ₹50 lakhs for 5% equity.

2022-08: Secures ₹50 lakhs for 7% equity from investors Namita Thapar and Aman Gupta.

2023-05: Altor gains significant brand visibility and market traction post-Shark Tank.

2024-Present: Continues to innovate and inspire future entrepreneurs in smart mobility.

Biography of Shamik Guha: Founder and CEO of Altor- Entrepreneur/Age/net worth/investor/startup/motorcycle safety with technology/Shamik Guha sto

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