Powered by

Advertisment
Home Shark Tank India

7 Ring On Shark Tank India: Offering Contactless Payment Ring

7 Ring founders Vijay Khubchandani, Karthik Menon, and Mahek P Savla appeared on Shark Tank India season 4 in episode 14 for seeking an offer of ₹75 Lakhs for 1% equity at the valuation of ₹ 75 Cr. How does this deal close here?

By Saroj Kumawat
New Update
7 ring web

7 ring web Photograph: (7 ring web )

7 Ring appeared in Shark Tank India Season-4  in Episode 14. Mumbai, India -based 7 ring is a fashionable and innovative product that is designed, assembled, and patented in India. 7 Ring is a comfortable, non-intrusive design that seamlessly blends with your body, as it doesn’t require removal for charging. It is a digital wallet that can be worn on a finger. 7 Ring apps provide a passbook for all transactions and are not linked to bank account. It is more secure than cards and payment watches.

 Vijay Khubchandani, Karthik Menon, and Mahek P Savla are the founders of 7 Ring. Their dedication to quality, creativity, and customer satisfaction is at the heart of 7 Ring success. At Shark Tank India, they were seeking an offer of ₹75 Lakhs for 1% equity at the valuation of ₹ 75 Cr.

 Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.

7 Ring Valuation, Funding and Company Profile

Company 

7 Ring

Valuation 

INR 50 Cr.

Founder

 Vijay Khubchandani, Karthik Menon, and Mahek P Savla

Headquarters 

Mumbai, India 

Founding Year 

2017

Industry

consumer electronic  

Profitability 

Undisclosed 

Got Investment 

Yes

Conclusion - 7 Ring Shark Tank India

It was an engaging episode at Shark Tank India - Season 4 with all sharks: Peyush Bansal, Anupam MittalAman Gupta, Vineeta Singh and Varun Dua where they secured deal of - ₹75 Lakhs for 1.5% + 1.5% advisory equity at the valuation of ₹ 50 Cr. with shark Peyush Bansal, Varun Dua & Vineeta Singh received valuable mentorship to help grow their business, 7 Ring Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.

Also read-  Best Business Ideas Under 5 Lakhs in India for 2025.