Mahek Mody is CEO and Mohit Sharma is CTO of Upliance.ai. At Shark Tank India, they came from Bengaluru, Karnataka. Mahek is an IT Bombay Graduate from 2011. Mahek and Mohit met and Started Household Appliance Manufacturing business ‘ Upliance.ai.’ Upliance.ai is a Personal cooking Assistant. AI chat box is available in multiple Indian Languages. It offers guided recipes on its touchscreen, a jar that uses presets for cooking tasks and an integrated weighing scale that makes cooking for 1 or 4 easy and simple. They were seeking an offer of Rs. 1 Cr. For 1% equity and valued the company at Rs. 100 Cr.
Upliance.ai Valuation and Funding
Company |
Upliance.ai |
Valuation |
Rs. 100 Cr. |
Founder |
Mahek Mody & Mohit Sharma |
Headquarter |
Bengaluru, Karnataka |
Founding Year |
2021 |
Business |
Household Appliance Manufacturing |
Profitability |
No |
Got Investment |
No |
Conclusion - Upliance.ai
It was an engaging episode where participants unfortunately did not secure a deal with sharks but received valuable mentorship to help grow their businesses. 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.
FAQ
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