Entrepreneur Name – Sanjay Maurya, Shubham Singh
Brand Name– | Ubreathe |
Brand Website- | https://www.ubreathe.in/ |
Business Category– | Plant-based Smart Air Purifier |
Company Valuation– | ₹10 Crore |
Equity Asked– | ₹1 Crore for 7.5 Equity |
Deal Closed– | Yes |
Final Shark Tank Deal- | ₹50 Lakh for 5% Equity, 1 Crore debt for @ 10 Interest |
Target City/Country– | India |
Product– | Smart Air Purifier |
About the Product – Ubreathe is an air purifier that utilizes a root-based technology to enhance a plant’s ability to purify the air, providing clean air equipment for up to 100 plants.
The technology effectively eliminates various germs, and the filter can last for 2 to 3 months without needing replacement.
The product is available in three variants: Ubreathe mini (priced at 5000 rupees), Ubreathe Life (priced at 40000 rupees), and Ubreathe wall.
Since its establishment in 2020, the company has served over 1000 customers, and its products can be purchased through its website or marketplaces like Amazon and Flipkart.
Ubreathe’s technology is supported by IIT Ropar’s Department of Biotechnology, and the company aims to become a renowned and global brand.
Conclusion –
Sanjay Maurya, and Shubham Singh asked for 1 Crore for 7.5%, but the deal closed at 50 Lakh for 5% Equity and 1 Crore debt for @ 10 Interest with Shark Namita.