Kryzen Biotech Shark Tank India Season 3: Agriculture is the pillar of our country and thus it is promoted in many manners. Urban people became unable to grow vegetables and fruits for themselves due to the lack of land and had to be completely dependent on vegetable sellers.
To eliminate this problem, Kryzen Biotech has come up with a solution and that is hydroponics farming. This is the most beneficial way to get the fastest ROI in agriculture with less expenses. To learn more about Kryzen Biotech Shark Tank India Season 3, stay tuned with us till the end.
Kryzen Biotech Shark Tank India Season 3
Kryzen Biotech is a Controlled Environment Agriculture (CEA) specialist company that integrates sustainable technology and modern farming techniques to create solutions for new-age urban farmers. The founders of Kryzen Biotech presented their business model, products, and vision to the Sharks and they were all very impressed with them.
When Peyush Bansal asked about the return, the founders claimed that you will get 7x or more while Namita Thapar loved the taste of Tomato.
Kryzen Biotech provides you vertical farming system that works on hydroponics which means without soil. The plants grow in a water-based mineral solution without soil which is a perfect system for urban spaces where land agriculture is not possible.
Founders Of Kryzen Biotech
Sudhir Devkar and Priya Devkar are the founders of Kryzen Biotech, a vertical hydroponics farm project development company. The founders also appeared on Shark Tank India Season 3 to promote their business model and raise some funds to grow their business.
Sudhir Devkar completed his schooling at Shivaji Vidyalaya and then enrolled in the MCT’s Rajiv Gandhi Institute Of Technology to pursue his Bachelor of Engineering in 2008 which he completed in 2012. He started his professional career journey at Nokia as an interactive designer in July 2012 and then left the company in November 2013 to join The Hindu as a Print Media Designer. He left The Hindu in September 2014 to join AY Digital as a Sr. Creative Designer and worked till June 2015.
In July 2015, he co-founded Paxlander but it could not sustain itself and had to shut down. After that, he worked at Possible from September 2016 to August 2017, Butterfly Innovations from August 2017 to September 2018, and Webstream.io from September 2018 to July 2023 with different roles.
Kryzen Biotech was started in August 2019 and he is currently serving the company as the CEO.
Priya Devkar is the co-founder of Kryzen Biotech and is currently serving the company as the Chief Financial Officer. She has previously worked at Bhogale Automotive Pvt Ltd as a QA Manager for 1 year.
Meet: All the 12 Shark Tank India Season 3 Judges.
Kryzen Biotech Shark Tank Business Deal
Kryzen Biotech on Shark Tank India Season 3 episode aired on 1 March 2024. The founders of Kryzen Biotech presented their business model to the Sharks and they were all very impressed with the idea. They asked for Rs 75 lakh for 3% equity.
Peyush Bansal gave them an offer which was Rs 75 lakh for 15% equity along with a 2% royalty until Rs 1.2 Crore is recouped and finally the deal is locked. Anupam Mittal told the founders to set up a farm for him.
Get Here: Every update about Shark Tank India Season 3 immediately.
Final Words
In this write-up, I have shared all the crucial details about Kryzen Biotech Shark Tank India Season 3 including the pitch, business, products, and founders. The founders of Kryzen Biotech are on a great mission that will revolutionize so many lives in urban areas. With Kryzen Biotech hydroponic farms, people can get fresh vegetables and fruits for themselves. It is a great initiative. Hats off to the founders of Kryzen Biotech and their vision.
Hope this Kryzen Biotech Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
Want To Know: How To Ask A Question On Shark Tank India S3
Follow Us: On Instagram to get some more interesting content about Shark Tank India Season 3 – @theinternetstud
FAQs
Who is the founder of Kryzen Biotech?
Sudhir Devkar and Priya Devkar are the founders of Kryzen Biotech, a vertical hydroponics farm project development company.
