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Kryzen Shark Tank India Season 3

by IndiaSuccessStories
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Kryzen Shark Tank India Season 3 Got 75 Lakhs Funding in Exchange of 15% Equity with 2% Royalty until 1.5 Crores is Recouped by Peyush Bansal

Kryzen Shark Tank India Season 3

Pitch no with company details

Kryzen

Kryzen Biotech works with farmers to grow high-quality food for local and export markets. They also develop, adapt, and implement low-cost agricultural solutions to assist small farm owners in increasing, sustaining, and predictable income. Kryzen Biotech tries to develop the most productive models for modern urban farmers. They have used sustainable technologies and current farming techniques to obtain large yields while remaining cognizant of their environment’s sustainability requirements.

Founder of Kryzen

Sudhir and Priya Devkar founded KRYZEN. Sudhir holds an engineering degree from RGIT in Bengaluru. Priya is an electronic and telecommunications engineer. They are married and met through Shaadi.com.

Kryzen Funding Round

Company Name

Kryzen

Shark Tank India Season

3

Episode No

30

Season No

3

Brand

Kryzen

Idea

vertical farming

Original Ask

70 Lakhs for 3% equity

Deal

75 Lakhs for 15% equity and 2% Royalty until 1.5 Crores is Recouped

Invested By:

Peyush Bansal

At the heart of Kryzen's pitch was a commitment to sustainability, food security, and innovation. Their vertical farming solution aimed to address the challenges of traditional agriculture, such as land scarcity, water scarcity, and climate change, by providing a more efficient and resource-efficient way to grow crops. By leveraging advanced techniques such as hydroponics and aeroponics, Kryzen sought to produce high-quality, pesticide-free crops year-round, regardless of climate or location.

The Pitch:

Kryzen entered the tank with a bold vision: to revolutionize agriculture through vertical farming. Their idea was to utilize cutting-edge technology to grow crops in vertically stacked layers, maximizing space and efficiency while minimizing environmental impact. With an original ask of 70 Lakhs for 3% equity, Kryzen sought investment to scale their operations, develop proprietary technology, and expand their footprint in the rapidly growing field of vertical farming.

The Deal:

Impressed by Kryzen's innovative approach to agriculture and the potential for impact, Peyush Bansal saw an opportunity to support a brand that was reshaping the future of food production. He offered 75 Lakhs for 15% equity and 2% royalty until 1.5 Crores is recouped, recognizing the value of Kryzen's technology and the opportunity to be a part of the agricultural revolution. With Peyush Bansal's investment, Kryzen was well-positioned to accelerate their growth, expand their operations, and solidify their position as pioneers in the field of vertical farming.

Investors Behind Kryzen

Peyush Bansal: With the support of investor Peyush Bansal, Kryzen was poised to embark on a journey of innovation and growth. The infusion of capital and expertise provided by Peyush Bansal would enable Kryzen to further develop their technology, scale their operations, and bring their vision of sustainable agriculture to fruition. With Peyush Bansal as a strategic partner, Kryzen was well-equipped to lead the way in transforming the future of food production.

Conclusion:

Kryzen's appearance on Shark Tank India Season 3, Episode 30 exemplified the power of innovation and entrepreneurship in driving positive change in the world. As they continue to expand their operations and develop their technology, Kryzen is poised to revolutionize the way food is grown and harvested, ensuring a more sustainable and secure future for generations to come. With Peyush Bansal's support, Kryzen is well-positioned to lead the agricultural revolution and cultivate a brighter future for agriculture and the planet.

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