Shark Tank Ubreathe
In this episode of Shark Tank India Ubreathe, a smart natural air purifier that helps you to breathe indoors presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till the end.
Company name | Ubreathe |
Founders | Subham Singh and Sanjay Maurya |
Ask | ₹ 1.5 crore rupees for 7.5% equity |
Ubreathe Founder
Subham Singh and Sanjay Maurya.
About the company Ubreathe
In most of the megacities, AQI is more than 400 where it is needed to be 50. For fresh air, we prefer our homes but there is also a lack of purity in the air inside our rooms. We need about 100 plants to be kept in our room for fresh and purifying air. To solve this problem they have come up with an idea. Ubreathe is such an air purifier that can increase the capability of a plant to provide clean air equipment to 100 plants. This is a root-based technology. It removes various germs. The filter doesn’t need to be changed for 2 to 3 months. They have three variants:
- Ubreathe mini. (5000 rupees)
- Ubreathe Life (40000 rupees)
- Ubreathe wall.
They have served 1000+ customers since the year 2020. Their products are available on their own website and marketplaces like Amazon and Flipkart. Their technology is backed by IIT Ropar, the department of Biotechnology. Their vision is to make this as a global and popular brand.
Ask by the Owner Ubreathe
Pitcher asked 1.5 crore rupees for 7.5% equity.
Ubreathe Sales And Revenue
The revenue for the year 18-19 was 2.5 lakhs, the revenue for the year 19-20 was 12.5 lakhs, for 20-21 it was 26.5 lakhs rupees, and for 21-22 the sales were 47 lakhs rupees. This financial year their revenue is 27 lakhs till date and the projected revenue is around 50 lakhs rupees. Their monthly burn is 3 lakhs rupees. Their gross margin is 30% and their EBITDA is -50%. They have invested 45 lakhs from the founder’s pocket.
Pabiben Shark Tank
Offers and counter offers
Namita offers 50 lakhs rupees for 10% equity and 1 crore rupees debt at 10% interest.
Pitcher counter offers 50 lakhs for 4% equity and 1 crore rupees debt at 10% interest.
Ubreathe Final deal
The deal was finalized with Namita for 50 lakhs rupees in exchange of 10% equity and 1 crore rupees debt at 10% interest.