Notifications
Logout
Are you sure want to logout?
Yes
No
Notifications
Full Name
Enter full name
Contact Number
Enter contact number
Enter valid contact number
Email Address
Enter email address
Enter valid email address
24 Feb 2023
24 Feb 2023
Episodes 35 and 36 of Shark Tank India of season 2 shows the investment given to MeduLance, Cakelicious, Neuphony, and HoloKitab.
This blog shows the dedication of the founders of MeduLance which amazed delighted the Sharks, who wish to make their services accessible to every corner of the country so that nobody loses their life due to not getting an ambulance on time. The founders of Cakelicious came up with a vision that the cakes should not only become part of celebration but by the way of Cake tubs make cakes a part of your everyday craving. The founders of Neuphone came up with a new innovation, i.e. the smart watch of the brain. While the founders of HoloKitab showed their mission to make AR (Augmented Reality) for education as affordable as it can get so that this technology is accessible to all students.
The founders conveyed that everything is available in an instant and just a click. One can get electronic appliances within a day. Food gets delivered within 20 minutes, groceries within 10 minutes, and one can get a life partner nowadays with just a swipe. But when it comes to emergency response services, then one needs to hear - please stay on call, our representative will attend to you shortly. One needs to hear - The number you are calling is currently busy, please try again after some time. Have you ever lost a loved one or a family member because of not receiving medical help on time? Even today 30% of people in the country lost their lives because they do not get an ambulance on time.
The current state of our country is that the ambulance is disorderly, unresponsive, unavailable, and unreliable as well. MeduLance is a small endeavor to solve these problems. MeduLance provides an ambulance in 20 minutes on average with its helpline and technology. It has tie-ups with corporate partners and provides subscription services, such as MeduERS i.e. Stationed Ambulance Service, which is specifically for commercial and residential facilities, MeduClinic i.e. Medical Room Service, MeduAlert i.e. Covers corporate employees & 4 family members. It started in 2017. They have 7,500+ ambulances and smart ambulances in 60+ cities. They have saved 8 lakh lives, and also assisted 2 lakh patients during COVID. They also changed the response time in Delhi to 11 minutes.
They wish to make their services accessible to every corner of the country so that nobody loses their life due to not getting an ambulance on time. MeduERS i.e. Stationed Ambulance Service, which is specifically for commercial and residential facilities. The founders work with facility managers like JLL and Cushman & Wakefield, where they park an ambulance for a specific audience already. The idea behind it is that an average response time of fewer than 5 minutes can be given to a captive audience. MeduClinic is a medical room with Doctors and Paramedics. Basically, in a residential society or a corporate office, a medical room is set up that an employee or a resident can visit for a check-up either for first-aid or just for basic life support.
MeduAlert is not just to provide workplace safety to corporate employees, but when they are out of their office, even then, employees have a dedicated number to call on which is specific to every organization. They can call on it when they are home or even if they are in another city. The service is not only valid for them but also for their family members. We provide this service to over 60+ corporate partners and an 80 lakh employee subscriber base. Their sales in the fiscal year 2020-21 were Rs. 15.7 Cr with an 18% net margin, and in 2021-22 it was Rs. 24 Cr and a 24% net margin. The projection sales of FY 2022-23 is Rs. 40 Cr and 25% profit.
Rs. 2 Crores for 1% Equity, for Rs. 200 Crores valuation.
Rs. 1 Crore for 1% Equity, and Rs. 1 Crore Debt, for Rs. 100 Crores valuation.
1) Rs. 5 Crore for 10% Equity, for Rs. 50 Crores valuation.
2) Rs. 5 Crore for 5% Equity, for Rs. 100 Crores valuation.
Rs. 1 Crore for 1% Equity, and Rs. 1 Crore Debt, for Rs. 100 Crores valuation.
Rs. 2 Crores for 1.5% Equity, for Rs. 133.33 Crores valuation.
Rs. 2 Crores for 2% Equity, for Rs. 100 Crores valuation.
Peyush Bansal, Namita Thapar & Aman Gupta.
The founders conveyed everyone has an entrepreneurial journey. Some identify market gaps while some want to solve world problems, and some only want to make money. The founder too has an entrepreneurial journey, and she has been a home baker and was content with baking cakes for her friends and family. But during COVID she left an abusive relationship for her self-respect and converted her passion into a profession. She started Cakelicious along with her mother. When they began making cakes, they realized that no matter how delicious the cake, it is always delicate, and if it gets smudged during delivery, it can put the customer in a foul mood.
So they invented cake tubs, which are cakes inside a box. Their cakes come in three different sizes and 30 different flavors, such as Mango Mondya, Tiramisu Tuesdays, and Walnut Wednesdays! They started from the kitchen in their home and today they have 2 cloud kitchens and 1 retail store. They are available on their website and quick commerce platforms. Their monthly sales are 500 cake tubs and have served 2 lakhs+ customers. Their vision is that the cakes not only become part of the celebration but by the way of Cake tubs make cakes a part of your everyday craving. It does not contain any preservatives or premixes. Its shelf life is of 2 weeks at -15 degrees celsius or below.
Their sales in July 2022 were Rs. 2 Lakhs, Rs. 2.5 Lakhs in August 2022, and Rs. 3 Lakhs in September 2022. Their best-selling products are Lotus Biscoff & Tiramisu cake Tubs. Its selling price is Rs. 350, making cost is Rs. 140, gross margin is 60% and net margin is 40%. Their profit earned is Rs. 80,000. They get 40% from Instagram, 20% from shops, 10% from the website, and 30% from Zomato. Their repeat rate of customers is 80%.
Rs. 25 Lakhs for 5% Equity, for Rs. 5 Crores valuation.
Rs. 15 Lakhs for 15% Equity, and Rs. 10 Lakhs Debt, for Rs. 1 Crore valuation.
Rs. 25 Lakhs for 15% Equity, for Rs. 1.67 Crores valuation.
Rs. 25 Lakhs for 20% Equity, for Rs. 1.25 Crores valuation.
Amit Jain.
The founders conveyed how attention gets impacted due to stress and distraction with a small experiment. They introduced Neuphony, the smartwatch of the brain. With the help of Neuphony, one can track stress, focus, attention, and mood as well. The founders recommend meditation, breathing exercises, and music for better improvements. They launched it in April 2022. They want to revolutionize the mental health industry through Neuphony.
Neuphony is made up of Polycarbonate and ABS Plastic. The founders call themselves the pioneers of the neurotech industry in India. Its price is Rs. 49K, and the founders are targeting businesses and corporates. They raised an amount of Rs. 2.5 Cr for Rs. 17.5 Cr post-money valuation. Their monthly burn rate is Rs. 12 Lakhs and their target for FY 2022-23 is the 1000 products goal which would result in Rs. 5 Cr. Their subscription fee per person per year is Rs. 1,800.
Rs. 1 Crore for 2% Equity, for Rs. 50 Crores valuation.
Rs. 1 Crore for 6.66% Equity, for Rs. 15 Crores valuation.
Rs. 1 Crore for 6.66% Equity, for Rs. 15 Crores valuation.
Rs. 1 Crore for 6.66% Equity, for Rs. 15 Crores valuation.
Rs. 1 Crore for 5% Equity, for Rs. 20 Crores valuation.
Rs. 1 Crore for 5.4% Equity, for Rs. 18.5 Crores valuation.
Peyush Bansal & Aman Gupta.
The founders conveyed the Sharks to take them back to their childhood. But for the kids to visualize all of the alphabet, the educational books merely have 2D pictures. If a child can view that 2D image from his book as a real-time 3D version of it, would not it be great? The child will also be able to hear the correct pronunciation of the letters.
HoloKitab is a technology company that uses AR (Augmented Reality) and puts life into schools and books and other products. The founders started this venture as a book publisher and their lifetime sales are Rs. 10,000 books. Their mission is to make AR for education as affordable as it can get so that this technology is accessible to all students. They started their journey in December 2020, and are targetting the educational sector, which includes textbook publishers and educational toy manufacturers. The service fee per Globe sold is Rs. 100. Their sales from December 2020 to March 2021 were Rs. 2 Lakhs. The annual sales were Rs. 10 Lakhs in FY 2021-22, and Rs. 3 Lakhs in FY 2022-23 to date. Their service fee is 10% of MRP.
Rs. 45 Lakhs for 10% Equity, for Rs. 4.5 Crores valuation.
Rs. 45 Lakhs for 25% Equity, for Rs. 1.8 Crores valuation.
Rs. 45 Lakhs for 20% Equity, for Rs. 2.25 Crores valuation.
Namita Thapar.
Submit Design
Height and Width should be the same (e.g. 1000 x 1000)
Supported file formats : .JPG / .JEPG / .PNG
Submitting...
Submit Design
