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Smotect

Quit Smoking by tablets

Deal

The pitch

Season / Episode: S3 E40
Aired: 15 Mar 2024
Industry: Medical/Health
From: Mumbai, Maharashtra
Founded: 2022
Asked for: ₹1 Cr for 1%
Valuation asked: ₹100 Cr

The outcome

Deal: ₹50 L for 5%
Deal valuation: ₹10 Cr
Debt: ₹50 L
Yearly revenue: ₹2.81 Cr
Gross margin: 80%

Who invested

Anupam₹50 L for 5% + ₹50 L debt

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