Categories Health Care

iMumz Shark Tank India Review

Entrepreneur Name – Mayur, Jaideep & Ravi Teja

About the Entrepreneur –  The company was founded by Mayur Dhurpate, Ravi Teja Akondi, and Dr. Jaideep Malhotra, along with a fourth individual.

Mayur and Ravi, both IIT graduates and friends from Bangalore, joined forces with Jaideep, a distinguished doctor who has devoted decades to the healthcare sector, and the fourth co-founder.

The founders collectively own 67% of the equity shares, while 10% is reserved for ESOP, and the remaining 23% is with the investors.

LinkedIn Profiles

Brand NameiMumz
Brand Website-
Business CategoryHealth Care
Company Valuation₹10 Crores
Equity Asked₹70 Lakhs for 1% Equity
Deal ClosedYes
Final Shark Tank Deal₹10 Lakhs for 10% Equity, 60 Lakhs Debt @ 10% interest
Target City/Country-INDIA
Product/ServicesPregnancy Care to Parenting App

About the Product;- iMumz offers round-the-clock guidance and monitoring to mothers, serving as a lifestyle coach to help educate them on the importance of healthy living and design personalized measures to incorporate into their daily routine.

Conclusion –

Mayur, Jaideep & Ravi Teja asked for ₹70 Lakhs for 1% Equity but ended up closing the deal at ₹10 Lakhs for 1% Equity and 60 Lakh Debt for @ 10 interest with Shark Peyush.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Nemo Care Shark Tank

Nemo Care Shark Tank India Episode Review

Sukham Shark Tank

Sukham Shark Tank India Episode Review

Wise Life Shark Tank
Categories Fitness

Wise Life Shark Tank India Episode Review