Shark Tank's Inspiring Story: Avimee Herbal, an 85-Years Old Startup
Image Credit: Avimee Herbal
Avimee Herbal is a haircare and skincare brand founded in August 2021.
Image Credit: Avimee Herbal
Avimee Herbal was founded by Radhakrishna Choudhary, an 85-year-old Ayurveda expert.
All the Sharks were impressed by seeing RK Choudhary sirs strength at this age.
The Avimee Herbal is run by their family, including their daughter, grandson, and wife.
So a total of 5 pitchers came on the Shark Tank India set to pitch their business.
They asked for 2.8 Crore in exchange for 0.5% equity in the company.
Amit Jain, the co-founder, and CEO of CarDekho Group offered them 1 Cr for 2.5% equity and 1.8 Cr in debt on 12% interest.
Anupam Mittal, the founder, and CEO of Shaadi.com also offered, 70L for 2% equity and 2.1 Cr in debt on 15% interest.
But Avimee Herbal in Shark Tank India did not accept any deal due to their own reasons.
Shubman Gill breaks Virat Kohli's record and becomes number 1
Swipe Up
Swipe Up To Check