Entrepreneur Name – Indraneel Gupta, Armaan Kandhar, and Vishal Chandapeta
About the Entrepreneur – Portl is a company co-founded by Indraneel Gupta as CEO, Armaan Kandhar as COO, and Vishal Chandapeta as CTO. Gupta completed his schooling in Hyderabad and has played state-level cricket for the region. On the other hand, Vishal spent eight years in the United States.
Brand Name | Portl |
Brand Website | https://portl.co/ |
Business Category | Fitness Mirrors |
Innovation – No
Company Valuation | ₹60 Crores |
Equity Asked | ₹1.5 cr for 1% Equity |
Deal Closed | Yes |
Final Shark Tank Deal | ₹1.5 cr for 2.5% Equity |
Target City/Country | India |
Total Addressable Market | $989 M |
Product | Interactive Fitness Mirrors |
About the Product – Portl is an interactive fitness mirror that is capable of tracking your fitness progress and activities throughout the day. This innovative device offers personalized and enhanced workout suggestions with the help of its AI system.
In addition to real-time guidance, Portl will soon provide access to live classes, nutrition coaching, and mental wellness support through a subscription model. With over 50 Portl studios already installed and 5000 more on order, the product is available for purchase on their website and experience centers.
Conclusion –
Indraneel Gupta Armaan Kandhar Vishal Chandapeta asked ₹1.5 cr for 1% Equity. Sharks Aman, Namita, and Peyush offered ₹1.5 cr for 2.5% Equity. It concluded in a successful deal.