CloudWorx is an Indian AI business, that has appeared on Shark Tank India Season 2, find out more about the firm and its experience on the show along with the founder
Although people have a business-oriented mindset in India, there is a lack of successful companies compared to the United States and China. However, those days when only the wealthy could start and run a business are over.
The launch of the business-focused show Shark Tank India has made entrepreneurship more accessible as it gives the forum to budding businesses to directly ask for investments from some of the most renowned entrepreneurs.
The show has recently got its second season and without any doubt, it features amazing ideas and products. From AI to food engineering, the show has everything that any future entrepreneur wants.
CloudWorx on Shark Tank India, episode, founder, deal, valuation, revenue, net worth in 2023
In a similar spirit, Shark Tank India season 2 featured Cloudworx, an Indian AI business that assists in creating 3D models without the need for prior programming experience. Due to its unique, premise, the startup has got amazing investment and investors.
Since then, CloudWorx has become the talk of the town with many are now trying to find out more about it. So, here’s what we know about it:
More about CloudWorx
An Indian AI firm called Cloudworx assists in creating 3D models without the need for prior coding experience. In 2019, their invention was already granted a patent.
In response to the rising demand for 3D and metaverse images, the company launched a SaaS (software-as-a-service) metaverse platform where the team collaborates to develop 3D apps that can be used to monitor a company’s digital twin through an immersive user interface.
The company was founded by Yuvraj Tomar, who is a graduate of Punjab Engineering College and has been a software developer at Cisco.
The incorporation of CloudWorx Technologies Pvt Ltd took place on December 18, 2019. It has received Rs. 1.45 crores to date, with Rs. 14 lakh sales last month and an increase in value of Rs. 871 lakhs at Rs. 8 crores to date.
| CloudWorx Studio Shark Tank India Episode Number | Shark Tank India Season 2, Week 6 Episode 28 |
| CloudWorx Studio Shark Tank India Episode Air Date | 8 February 2023 |
| CloudWorx Studio Founder Name | Yuvraj Tomar |
| CloudWorx Studio Ask In Shark Tank India | ₹40 lakh for 2% equity |
| CloudWorx Studio Deal In Shark Tank India | ₹ 40 lakh for 3.2% equity |
| CloudWorx Studio Company Valuation | ₹12.58 crore |
| CloudWorx Studio Investor Name | Namita Thapar, Anupam Mittal |
| CloudWorx Studio Official Website | CloudWorx Studio Website |
Its experience on Shark Tank India 2
He offered Rs. 40 lakhs for a 2% stake in his pitch. However, he later accepts a deal that Namita and Amit gave him for Rs. 40 lakhs for 3.2% equity.
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