Grow It, an agriculture-based startup, has been in the news because it was recently featured on Shark Tank India season 2, know about its founder and funding
Shark Tank India is currently basking on immense success among Indian audiences as it provides the never-seen reality show setup. The show which is based on business and entrepreneurship has become a trending topic of discussion since its second season was released.
Given the fact that Artificial intelligence and sites have currently been dominating, recently the agriculture-based startup stole the limelight due to its unique way to provide. The startup named Grow It is marketed as the efficient E-marketplace for farmers which is going to revolutionize the agriculture business in India.
Grow It on Shark Tank India episode, founder, deal funding, valuation, revenue, net worth in 2023
Due to this, not only the startup grabbed the attention of Sharks but also got an amazing deal on the show. Due to this, it has become the talk of the town with many people trying to find out more about it. So, hereโs what we know about the firm:
More about Grow It
Grow It Shark Tank India Episode Number | Shark Tank India Season 2,ย Week 8 Episode 40 |
Grow It Shark Tank India Episode Air Date | 24 February 2023 |
Grow It Founder Name | Saurabh Agarwal and Akshay Agarwal |
Grow It Ask In Shark Tank India | โน1 crore for 1% equity |
Grow It Deal In Shark Tank India | โน50 Lakh for 1% Equity & โน50 Lakh Debt @10% Interest |
Grow It Company Valuation | โน50 crore |
Grow It Investor Name | Peyush Bansal, Namita Thapar |
Grow It Official Website | Grow It Website |
Grow It is a business that emphasizes using climate-smart agricultural methods to empower farmers, boost productivity, and produce high-quality food. It was founded by Akshay Agarwal and Saurabh Agarwal.
It is a subsidiary of its parent business Alpha Plastomers Private Limited and seeks to transform Indian agriculture and farming into a carbon-neutral ecosystem via sophisticated manufacturing and innovation. The company is currently present in four states and has 15,000 customers.
The Grow It business provides farmers with a complete solution to guarantee the greatest quality, highest output, and least amount of waste. Plastic mulch film, shade nets, crop/fruit coverings, sticky traps, pond liners, flat tubes, vermi beds, mulch laying/hole punching equipment, and agri wires are some of their main protective agricultural goods.
Its experience on Shark Tank India 2
In the show, Shark Namita offered โน50 lakhs for 1% equity and โน50 lakhs debt at 10% interest, with a valuation of โน50 crores to Grow It. Shark Peyush and Shark Namita also jointly offered the same deal. Eventually, the business pitchers finalized the deal for both Sharks.