Entrepreneur Name- Agnim Gupta, Ashok Gupta, and Stuti Gupta
About the Entrepreneur- Hailing from Gwalior, Madhya Pradesh, Agnim Gupta, Ashok Gupta, and Stuti Gupta all come from the same place.
However, when a financial crisis struck towards the end of 2016, Stuti Gupta chose to forgo pursuing higher education abroad despite having a master’s degree in clinical psychology.
In a show of solidarity, both her brother and sister also decided to sacrifice their own educational pursuits in order to support their family’s business.
LinkedIn Profiles
Agnim Gupta | https://www.linkedin.com/in/agnim-gupta/ |
Stuti Gupta | https://www.linkedin.com/in/stuti-ashok-gupta-973a23105/ |
Brand Name– | Amrutam |
Brand Website- | https://amrutam.co.in/ |
Business Category– | Ayurvedic Healthcare |
Company Valuation– | ₹25 Crores |
Equity Asked– | ₹50 Lakhs for 2% Equity |
Deal Closed– | No |
Target City/Country- | India |
Total Addressable Market- | INR 515.5 Billion in 2021 |
Product/Services– | Ayurvedic Healthcare Products |
About the Product- The family plays a crucial role in determining one’s success or failure. While others may not offer assistance during tough times, family members are always there to support them.
This is evident in the story of Amrutam, an ayurvedic lifestyle brand that was established in 2006 but did not progress until 2016 when the founder’s children decided to revamp the company and turn it into a digital platform.
Amrutam specializes in producing personal care and health care products using ancient ayurvedic formulas that can be easily adopted by anyone.
They offer both consumable and applicable items that have been certified by reputable bodies such as PETA, the US FDA, and the ministry of Ayush.
Additionally, Amrutam provides a means for people to connect with doctors, and so far, around 100,000 individuals have utilized their services.
Currently, the company has a presence in over 40 countries, and they have amassed a following of over 80,000 communities on Instagram.
Their ultimate objective is to transform Amrutam into a global brand that can reach people from all corners of the world.
Conclusion;–
Agnim Gupta, Ashok Gupta, and Stuti Gupta asked ₹50 Lakhs for 2% Equity. None of the sharks were interested in the deal. It concluded in No Deal.