Pharmallama Bags An All-5-Shark Deal3 weeks ago Rituka M
Yet another startup, Pharmallama bags an all-5 shark deal. Moreover, Gladful also bags a protein-packed deal from Sharks Aman, Amit, and Namita!
Pharmallama’s Innovation Bags A 5 Shark Deal!!
Medicine boxes are chaotic. Having multiple medicines makes it difficult for elderly people to keep track of what medicines to consume and when. This leads to various health issues. Bringing a solution to eliminate this, Pharmallama was started by Arjun Raghunandan, Achintya Dayal & Deepesh Rajpal in 2022. Pharmallama is a proprietary technology company that pre-sorts medicines in the form of sachets. These sachets display the name of the medicine and dosage according to the prescription. Additionally, the detailed prescription is printed on the back of the box. Moreover, the labels also display the date and time to avoid skipping. Pre-sequencing of the medicines on the basis of their prescription through Pharmallama’s easy dispensing mechanism.
With over 5000 customers and Rs. 85L in sales year to date, Pharmallama has an exclusive joint MOU with ACG Pam Pac. Pharmallama works in the following: The users shall click a picture of the prescription; then on the dashboard, the pharmacies check the authenticity of the prescription; then the pharmacists connect with the patients & take confirmation of the price & order; once confirmed, the medicines fed into the machines conduct quality checks, and then the automated machine packages the medication. Pharmallama has an average order value of Rs. 1400 with a retention of 91% in the last 5 months.
With an aim to make the consumption of medicines easier, Pharmallama asks for an investment of Rs. 1cr for 1.5% @ a 66.67cr valuation. Bagging a deal from all 5 sharks, Pharmallama clocks in an Rs. 40cr valuation with an offer of Rs. 2cr for 5% equity.
Crave Raja Foods’s Cloud Kitchen!
Wastage of food is a massive problem in the food industry. However, there isn’t a specific solution that solves this issue. Bringing Crave Raja Foods, founders Subhabrata Ganguly & Soupaul Dey began this specialized restaurant & cloud kitchen in Kolkata. Crave Raja foods has 4 brands under its banner: 1. SOS (sandwiches, omelets & snacks); 2: burrito raja; 3: Gusto Pizza; 4: The Fry Raja. With 1 central kitchen and 3-4 cloud kitchens across Kolkata, they have 4.1cr in total lifetime revenue. With the vision to build the largest crave-worthy food service cloud kitchen brand in India, CRF seeks an investment of Rs. 65L for 3% equity @ a 21.67cr valuation. However, they do not receive any deals from the Sharks.
Gladful’s Protein-Packed Products Bags A Deal From The Sharks!
Children and adults, alike have a limited amount of protein intake with their daily food consumption. According to research, over 73% of people lack protein in their diet. However, there exists guilt around the consumption of packaged products. To eliminate this guilt and bring family-friendly protein products to the market, Parul & Manu Sharma began Gladful in 2022. Their range includes protein cookies, breakfast mixes, dessert bites & more. These products are approved by a community of 350 mothers and the products are available on e-commerce marketplaces & their website. With 60k products sold, they have had Rs. 1cr net sales in the last 9 months. Previously, they have received funding of Rs. 2cr in 2021 @ 12cr post-money valuation.
Gladful seeks an investment of Rs. 50L for 2% @ a 25cr valuation. They receive offers from Sharks Aman, Amit & Namita. Offering Rs. 50L for 3.5% equity @ a 14.3cr valuation, the founders seal the deal!