About Watershots
Watershots is a company based in Ahmedabad (India) founded in 2017 by Dhaval Thakkar. Watershots has raised $55.21 thousand across 1 funding round from investors including Vitthalbhai Radadiya, Manjulaben Laljibhai Patel and Rashmi Sanjaykumar Patel. Watershots operates in a competitive market with competitors including Biryani By Kilo, Samosa Party, MTR Foods, Samosa Singh and Kamats India, among others.
- Headquarter Ahmedabad, India
- Founders Dhaval Thakkar
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website watershots.in
- Social LinkedIn Facebook
- Legal Name Discora Technology Private Limited
- Date of Incorporation 27 Nov, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹5.3 Lakh
FY 2023 · -73% YoY
- Net Loss-₹60.5 Lakh
FY 2023 · -1151% margin
- EBITDA-₹44.5 Lakh
FY 2023 · -848% margin
- Total Equity Funding$55.21K (USD)
in 1 rounds
- Latest Funding Round$55.21K (USD), Angel Round
Mar 2020
Associated legal entities of Watershots
Watershots operates through Discora Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Discora Technology Private Limited CIN U15100GJ2017PTC099938 | Active | 27 Nov 2017 | Ahmedabad, Gujarat | ₹0.1 Cr | – | 4 | View details |
Funding Insights of Watershots
Watershots has successfully raised a total of $55.21K through 1 strategic funding round. The most recent funding activity was a Angel Round of $55.21 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $55,211
- Total Rounds 1
- Last Round Angel Round — $55,211
- First Round $55,211
(Mar 2020)
- Investors Count 9
All 1 funding rounds of Watershots with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $55,211 | Angel Round | $1.43M | Vitthalbhai Radadiya |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $1.43M | •••••••• |
Last known valuation $1.43M (Mar 2020). 9 investors in total: 0 institutional and 9 angel.
Investors in Watershots
Watershots has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Vitthalbhai Radadiya, Manjulaben Laljibhai Patel and Rashmi Sanjaykumar Patel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VR Vitthalbhai Radadiya | - | – | unknown_6417896484af48b48 | - |
ML Manjulaben Laljibhai Patel | - | – | unknown_987c471168a8420aa | - |
RS Rashmi Sanjaykumar Patel | - | – | unknown_3b990c6649e447318 | - |
DL Deepak Lalji Thakkar | - | – | unknown_0921a2fe56fa4c52a | - |
SV Sanjaykumar Vinodbhai Patel | - | – | unknown_ccfac273d76e45619 | - |
PP Paresh Pravinbhai Dhokiya | - | – | unknown_2fda397fc015428ca | - |
DL Deepak Lalji Thakkar | - | – | unknown_5536708542a44684a | - |
AH Avinash Harishbhai Pankhaniya | - | – | unknown_5cc6ea1aa26949678 | - |
ML Manjulaben Laljibhai Patel | - | – | unknown_ccc4f67ca2df4bbe9 | - |
Investor details for Watershots
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Discora Technology Private Limited (Watershots)
Discora Technology Private Limited is the primary company behind Watershots. The board of Discora Technology Private Limited currently have 4 directors; the longest-serving is Pankhaniya Avinash Harishbhai, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankhaniya Avinash Harishbhai DIN 07987904 | Whole-time director | 27 Nov 2017 | 8 yrs 10 mo | Discora Technology Private Limited |
| Dhokiya Paresh Pravinbhai DIN 07987998 | Managing Director | 27 Nov 2017 | 8 yrs 10 mo | Discora Technology Private Limited |
| Sanjaykumar Vinodbhai Patel DIN 02136663 | Managing Director | 27 Nov 2017 | 8 yrs 10 mo | Discora Technology Private Limited |
| Deepak Lalji Thakkar DIN 07987988 | Whole-time director | 27 Nov 2017 | 8 yrs 10 mo | Discora Technology Private Limited |
People of Watershots
1 people are tracked at Watershots (1 in leadership).
| Name | Role | Group |
|---|---|---|
Dhaval Thakkar | Co-Founder | Leadership |
Complete people profiles for Watershots
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Watershots
Figures of Discora Technology Private Limited, the primary company behind Watershots, for FY 2023. Revenue was ₹5.3 Lakh (-73% year on year). Net loss was -₹60.5 Lakh (-1151% margin). EBITDA was -₹44.5 Lakh (-848% margin). Revenue has grown at a compounded annual rate of -66% over three years and +51% over five years.
- ₹5.3 LakhRevenue · FY 2023 · -73% YoY
- -₹60.5 LakhNet loss · -1151% margin
- -₹44.5 LakhEBITDA · -848% margin
- ₹12.5 LakhPaid-up capital
- -66%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Discora Technology Private Limited are on its company page.
Detailed financial statements for Watershots
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Watershots
3 dated milestones of Watershots across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Watershots is founded.
- Funding First funding round of $55K.
- Milestone Reaches Minicorn status.
Competitors of Watershots
Watershots operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Biryani By Kilo, Samosa Party, MTR Foods, Samosa Singh and Kamats India, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers | |
| samosaparty.in | 2017 | Bengaluru, India | $14.02M | 390 | Retailer of Indian snacks, meals, beverages, and combo offerings | |
| mtrfoods.com | 1924 | Bengaluru, India | $4M | 2,862 | Authentic Indian food products are offered by MTR Foods. | |
| samosasingh.com | 2016 | Bengaluru, India | $7.61M | 124 | Internet first restaurant of samosa and indian snacks | |
| kamatsindia.com | 2007 | Mumbai, India | – | 107 | Chain of casual dining restaurant offering Indian cuisine | |
| zomoz.co.in | 2015 | Hyderabad, India | $2.93M | 18 | Provider of momo preparation and home delivery services | |
| auntiefungs.com | 2015 | Bengaluru, India | $1.03M | 53 | Asian street food is offered by a limited-service restaurant chain. | |
| biryaniblues.com | 2013 | Gurugram, India | $14.38M | 498 | A restaurant chain focused on Asian cuisine varieties is operated. | |
| golivadapav.com | 2004 | Mumbai, India | $8.94M | 63 | Vada pav snacks are served by the Indian restaurant chain. | |
| gabrudichaap.com | 2019 | Hyderabad, India | $161,672 | 6 | Soya chaap is served by a restaurant chain in India. |
Detailed competitors of Watershots
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Watershots
10 companies that operate in the same segment as Watershots (Food Service Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Chain of limited service restaurant serving coffee | 2017 | Jakarta, Jakarta, Indonesia | USD 233 M | – | – | |
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 6,410 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | – | 526 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Mediterranean fast-casual dining is provided by CAVA restaurants. | 2010 | Washington, District Of Columbia, United States | USD 680.15 M | USD 1.18 B | 10,690 | |
A chain of coffee houses is operated in Indonesia. | 2018 | Jakarta, Jakarta, Indonesia | USD 40 M | USD 89.74 M | 3,180 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.18 M | USD 31.69 M | 2,075 |
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Frequently Asked Questions about Watershots
Watershots was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Watershots is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Watershots is a funded company, having raised a total of $55.21K across 1 funding round to date. The company's 1st funding round was a Angel Round of $55.21K, raised on Mar 2020.
The primary company behind Watershots, Discora Technology Private Limited, reported revenue of ₹5.3 Lakh for FY 2023, down 73% year on year.
Watershots was established in 2017 in Ahmedabad, India, within the food services sector. A chain of limited-service restaurants is operated by the company, focusing on Indian cuisine. Operations are centered in urban areas of India, with meals prepared and served efficiently to customers. The business model emphasizes quick dining experiences without full table service. Key leadership includes co-founder Dhaval Thakkar.
Watershots's top competitors include Samosa Party, Biryani Blues and Samosa Singh.
Watershots has 9 investors. Key investors include Vitthalbhai Radadiya, Manjulaben Laljibhai Patel, Rashmi Sanjaykumar Patel, Deepak Lalji Thakkar, and Sanjaykumar Vinodbhai Patel.
The valuation of Watershots is $1.43M as of Mar 2020.
Watershots operates through Discora Technology Private Limited.
The legal entities of Watershots currently have 4 directors, including Pankhaniya Avinash Harishbhai, Dhokiya Paresh Pravinbhai, Sanjaykumar Vinodbhai Patel and others.