Ubreathe is a biotech startup, know the deal and funding it got on Shark Tank India
Discover everything about the company and its experience on Shark Tank India Season 2.
Shark Tank India has become a highly popular reality TV show in India due to being centered around business-related content. The format of the show involves entrepreneurs pitching their business ideas to a group of potential investors, called “sharks,” in an attempt to secure funding for their ventures.
During the presentation, the sharks have the option to invest their personal funds in the project in exchange for a share in the business or decline the offer. The sharks’ individual investment preferences create a captivating dynamic, making their response to the most recent proposal from Ubreathe Life Air Purifier Business all the more compelling.
Ubreathe air purifier on Shark Tank India, episode, founder, deal, funding, valuation, net worth in 2023
On February 14th, 2023, UBreathe, a biotech startup specializing in plant-based air purifiers, successfully obtained a deal on a well-known TV program. So, let’s find out everything about it:
More about Ubreathe
| Ubreathe Shark Tank India Episode Number | Shark Tank India Season 2, Week 7 Episode 32 |
| Ubreathe Shark Tank India Episode Air Date | 14 February 2023 |
| Ubreathe Founder Name | Sanjay Maurya, Shubham Singh |
| Ubreathe Ask In Shark Tank India | 1.5 Crore For 7.5% Equity |
| Ubreathe Deal In Shark Tank India | ₹ 50 lakh for 5% equity , ₹ 1 crore debt @ 10% interest |
| Ubreathe Company Valuation | ₹10 crore |
| Ubreathe Investor Name | Namita Thapar |
| Ubreathe Official Website | Ubreathe Website |
UBreathe is a biotech startup founded in 2018 with a primary focus on developing plant-based air purifiers. The company’s founders, Sanjay Maurya, Akhil Gupta, Akshay Goyal, and Inderjeet Rao, were driven by a shared goal to create a consumer product from India that could help mitigate the adverse effects of air pollution while being sustainable and eco-friendly.
Its air purifiers leverage modern technology to enhance the natural air-purifying abilities of plants. The design is centered on improving soil breathability, which helps optimize a plant’s capacity to filter pollutants from the air.
The company’s research is supported by renowned institutions like IIT Ropar, CIIE.CO IIM Ahmedabad, Meity, BIRAC, and the Nexus US Embassy Delhi. UBreathe has filed 6 patents in India and Europe to safeguard its innovative technology.
UBreathe offers more than 500 plant purification solutions that combine the benefits of nature and technology. The company has also undertaken several air quality management initiatives with various organizations, including the UN House in Delhi, the Government of Maharashtra, and public primary schools in Chennai.
It has also launched three commercial air purifying products: ‘UBreathe Life’ and ‘UBreathe Mini’ for indoor use at home and office, and UBreathe Wall for semi-open areas like metro stations, airports, malls, and other similar locations.
Its experience on Shark Tank India 2
UBreathe Life was offered a business deal by Shark Namita. The offer proposed an investment of ₹50 lakh for 5% equity and ₹1 crore debt at a 10% interest rate, which valued the company at ₹10 crore.
The business pitcher countered the offer, proposing to give away 4% equity for the same amount of investment and debt, but with a higher valuation of ₹12.5 crore. However, Shark Namita rejected the counteroffer, and after further negotiations, the final deal was agreed upon for the original offer of ₹50 lakh for 5% equity and ₹1 crore debt at a 10% interest rate.