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iMumz Shark Tank India Season 2

by IndiaSuccessStories
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iMumz Shark Tank India Season 2 Got 10 Lakhs Funding in Exchange of 1% Equity with 60 Lakhs in debt at 10% interest by Peyush Bansal.

iMumz Shark Tank India Season 2

Pitch no 102 with company details

iMumz

iMumz is the pregnant women’s platform in India that is expanding the fastest, with over 500,000 users and the trust of over 1000 renowned doctors. A baby’s personality and health are influenced by the lifestyle of the pregnant lady. We, the @iMumz, rescue her from the chaos of selecting the appropriate way of life. The iMumz app offers practical exercises that help women connect with their babies and maintain physical and emotional health, such as yoga, music, meditation, and unique infant bonding activities.

Founder of iMumz

The Chief Executive Officer and Co-Founder of iMumz CEO is Ravi Teja Akondi.

iMumz Funding Round

Company Name

iMumz

Shark Tank India Season

2

Episode No

33

Season No

2

Brand

iMumz

Idea

24×7 guidance and tracking app for pregnant mothers

Original Ask

70 Lakhs for 1% Equity

Deal

10 Lakhs for 1% Equity and ₹ 60 Lakhs Debt @ 10% Interest

Invested By:

Peyush Bansal

At the heart of iMumz's pitch was a commitment to revolutionizing pregnancy care by harnessing the power of technology. Their app aimed to address the common challenges and concerns faced by pregnant women by offering a comprehensive suite of features, including health tracking, expert consultations, community support, and educational resources. By providing expectant mothers with a trusted and accessible platform to monitor their health and connect with a supportive community of fellow moms and experts, iMumz hoped to empower women to make informed decisions and enjoy a healthy and fulfilling pregnancy experience.

The Pitch:

iMumz entered the tank with a mission to empower pregnant mothers with the resources and support they need to navigate their pregnancy with confidence and peace of mind. Their idea centered around offering a comprehensive app that provides round-the-clock guidance, tracking, and support for expectant mothers, helping them monitor their health, connect with experts, and access personalized advice and resources. With an original ask of 70 Lakhs for 1% equity, iMumz sought investment to expand their app's features, enhance user experience, and reach a wider audience of expectant mothers seeking reliable and accessible pregnancy support.

The Deal:

iMumz's compelling pitch resonated with Peyush Bansal, who recognized the immense potential of their app to transform pregnancy care and support expectant mothers during this special time in their lives. Securing a deal for 10 Lakhs in exchange for 1% equity and 60 Lakhs debt at 10% interest, iMumz celebrated a successful outcome on Shark Tank India Season 2, Episode 33. With Peyush Bansal's support and expertise, iMumz is well-positioned to expand its reach and impact, providing even more pregnant mothers with the guidance and support they need to navigate their pregnancy journey with confidence and peace of mind.

Investors Behind iMumz

Peyush Bansal: With Peyush Bansal's investment, iMumz is poised for growth and expansion in the pregnancy care market. By continuing to innovate and enhance their app's features, iMumz remains committed to empowering expectant mothers with the support, guidance, and resources they need to enjoy a healthy and fulfilling pregnancy experience.

Conclusion:

iMumz's success on Shark Tank India Season 2, Episode 33 exemplifies the power of technology to revolutionize healthcare and support expectant mothers during one of the most transformative periods in their lives. As they continue to innovate and expand their app's features, iMumz stands at the forefront of a new era in pregnancy care, where accessibility, reliability, and support are readily available at the touch of a button.

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