Perfora, an oral healthcare business, has been in the news because it was recently featured on Shark Tank India season 2.
Shark Tank India has gained fame and public attention as a result of its interesting and entertaining content, which offers start-ups a special platform to build their companies. Viewers love this Sony TV show because it presents the entrepreneurs’ uncensored opinions and creative company concepts.
Perfora oral healthcare company on Shark Tank India, episode, founder, deal, valuation, products, toothbrush, net worth in 2023
| Perfora Oral Care Shark Tank India Episode Number | Shark Tank India Season 2, Week 7 Episode 34 |
| Perfora Oral Care Shark Tank India Episode Air Date | 16 February 2023 |
| Perfora Oral Care Founder Name | Jatan Bawa, Tushar Khurana |
| Perfora Oral Care Ask In Shark Tank India | ₹80 lakh for 1% equity |
| Perfora Oral Care Deal In Shark Tank India | ₹80 lakh for 2.5% equity |
| Perfora Oral Care Company Valuation | ₹32 crore |
| Perfora Oral Care Investor Name | Namita Thapar, Peyush Bansal, Vineeta Singh |
| Perfora Oral Care Official Website | Perfora Oral Care Website |
With a fresh emphasis on the emotional and human components of the entrepreneurs’ journeys in addition to their financial objectives, the program has grown even more intriguing as it enters its second season.
On the show, many ideas came up whose foundations are based on very basic needs but because of the entrepreneur’s creativity, their pitch eventually won the crucial investment on the show. A similar kind of pitch was recently featured on the show, named Perfora, an oral healthcare business.
Due to being grabbing an investment on the show, the company has become the talk of the town with many people trying to find out more about it. So, here’s what we know about it:
More about Perfora
Perfora is an Oral Care Business that offers a range of innovative oral care products aimed at enhancing the consumer’s oral care experience. With headquarters in Gurugram, the company has spent months researching the right ingredients, product formats, and technology to create effective solutions for oral hygiene.
The company was founded by Jatan Bawa and Tushar Khurana in 2021. The product portfolio includes electric toothbrushes with charcoal bristles, probiotic mouthwash, smart water flossers, and copper tongue cleaners.
The company has more than 40,000 customers to date, with 45% of its revenue being spent on marketing. It also claims to have more than 6,500 subscribers, and after net sales of ₹77, they have earned ₹23 lakhs.
Its experience on Shark Tank India 2
Perfora Oral Care Company was offered a deal by Shark Namita and Shark Vineeta for ₹80 lakhs in exchange for 4% equity, valuing the company at ₹20 crores.
However, the sharks requested a higher equity stake in excess of the previous valuation, and the founders eventually accepted ₹80 lakhs for 2.5% equity, which was the previous valuation discussed with all the sharks, except Shark Anupam who declined to participate in the deal. Shark Aman also found the valuation to be high and was subsequently eliminated from the negotiations.
Eventually, Shark Namita, Shark Peyush, and Shark Vineeta made a counteroffer of ₹80 lakh for 2.5% equity, valuing the company at ₹32 crores. At last, the founders accepted this offer.