Mepack Shark Tank India Season 3
Mepack
MEpack is a fitness and healthcare venture that promises to make fitness accessible and inexpensive to customers.
Founder of Mepack
Mepack, created by Rishabh and Rohan Raj, is a packaging company that offers environmentally friendly and sustainable packaging solutions.
Mepack Funding Round
Company Name | Mepack |
Shark Tank India Season | 3 |
Episode No | 32 |
Season No | 3 |
Brand | Mepack |
Idea | Accessible Fitness |
Original Ask | 7 Lakhs for 10% equity |
Deal | 7 Lakhs for 10% equity |
Invested By: | Amit Jain and Ritesh agarwal |
At the core of Mepack's pitch was a commitment to breaking down barriers to fitness and promoting a culture of wellness for all. Their accessible fitness solution aimed to address the challenges faced by many individuals in accessing traditional gym facilities, whether due to cost, time constraints, or other factors. By providing affordable equipment and expert guidance, Mepack sought to empower users to take control of their fitness journey and achieve sustainable results in a supportive and encouraging environment.
The Pitch:
Mepack entered the tank with a bold proposition: to make fitness more accessible and inclusive for everyone, regardless of their background or circumstances. Their idea was to offer a comprehensive fitness solution that combined affordable equipment with personalized training programs, enabling users to achieve their health and wellness goals from the comfort of their own homes.
The Deal:
Impressed by Mepack's innovative approach to fitness and their potential for impact, both Amit Jain and Ritesh Agarwal recognized an opportunity to support a brand that was making a difference in the lives of others. They collectively offered 7 Lakhs for 10% equity, aligning with Mepack's original ask and demonstrating their belief in the brand's mission and vision. With their combined expertise and resources, Amit Jain and Ritesh Agarwal pledged to support Mepack's growth and expansion efforts, helping to bring accessible fitness to even more individuals in need.
Investors Behind Mepack
Amit Jain and Ritesh agarwal: With the backing of seasoned investors Amit Jain and Ritesh Agarwal, Mepack was poised to embark on a journey of growth and impact in the fitness industry. The infusion of capital and strategic guidance provided by Amit Jain and Ritesh Agarwal would enable Mepack to scale their operations, reach new customers, and continue to innovate in the pursuit of their mission to make fitness accessible to all.
Conclusion:
Mepack's appearance on Shark Tank India Season 3, Episode 32 exemplified the power of entrepreneurship to drive positive change and promote inclusivity in the fitness industry. As they continue to expand their reach and impact, Mepack is poised to empower individuals of all backgrounds to prioritize their health and well-being, ultimately contributing to a healthier, happier society. With Amit Jain and Ritesh Agarwal as strategic partners, Mepack is well-equipped to realize its vision of a world where fitness is truly accessible to all.