NutriCook Shark Tank India Season 2

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NutriCook Shark Tank India Season 2

Pitch no 146 with company details

NutriCook

All of us eat home-cooked food in an effort to stay healthy. However, occasionally, the way we cook and the utensils we use can make homemade food unhealthy as well. Vegetables that were overcooked or fried lost much of their nutrition. Health issues may result from all of this. Nutricook offers waterless and oil-free cookware to address these issues.

Founder of NutriCook

Asha V M and P Ravi Kumar Reddy are the company’s founders. Asha is from Bangalore, and Ravi is from Andhra Pradesh. To preserve the nutritional qualities of food, Nutri Cook India Business manufactures Healthy & Nutrition Cooking Vessels.

NutriCook Funding Round

Company Name	NutriCook
Shark Tank India Season	2
Episode No	45
Season No	2
Brand	NutriCook
Idea	Oilless and waterless cookware
Original Ask	1 Crore for 2% Equity
Deal	50 Lakhs for 10% Equity and ₹ 50 Lakhs Debt @ 12% Interest
Invested By:	Vineeta Singh

NutriCook recognized the need for innovative solutions to address the challenges associated with traditional cooking methods, such as excessive oil consumption and loss of nutrients through water-based cooking. Their oilless and waterless cookware leveraged advanced technology and high-quality materials to create a cooking experience that was both efficient and nutritious. By eliminating the need for oil and water, NutriCook aimed to empower consumers to make healthier choices in the kitchen, reduce their reliance on processed ingredients, and enjoy delicious, nutrient-rich meals with minimal effort.

The Pitch:

NutriCook entered the Shark Tank with a revolutionary product designed to transform cooking habits and promote healthier lifestyles. Their oilless and waterless cookware aimed to revolutionize the way people prepared and enjoyed their meals by eliminating the need for excess oil and water, thus reducing calorie intake and preserving the nutritional value of foods. Seeking a 1 Crore investment in exchange for a 2% equity stake, NutriCook envisioned capitalizing on the growing demand for health-conscious products and becoming a household name in the culinary industry.

The Deal:

Vineeta Singh was impressed by NutriCook's innovative approach to cooking and their commitment to promoting healthier lifestyles. Recognizing the potential for their product to disrupt the culinary industry, she offered 50 Lakhs for a 10% equity stake in the company, along with an additional 50 Lakhs in debt at 12% interest. NutriCook saw this as an opportunity to accelerate their growth plans, expand their product line, and reach a wider audience of health-conscious consumers. They eagerly accepted Vineeta Singh's offer, confident that her expertise and resources would help them achieve their vision of revolutionizing the way people cooked and ate.

Investors Behind NutriCook

Vineeta Singh: With Vineeta Singh's investment and support, NutriCook planned to scale up their manufacturing operations, enhance their marketing efforts, and launch new product variants to cater to different consumer preferences and cooking needs. They aimed to educate consumers about the benefits of oilless and waterless cooking and position their cookware as a must-have kitchen essential for health-conscious individuals and families. By leveraging Vineeta Singh's industry connections and strategic guidance, NutriCook was poised to disrupt the culinary landscape and inspire a healthier way of living.

Conclusion:

NutriCook's successful pitch on Shark Tank India underscores the growing demand for innovative and health-conscious products in the culinary industry. With Vineeta Singh's backing, the company is well-positioned to revolutionize the way people cook and eat, promote healthier lifestyles, and make a positive impact on the well-being of consumers. By staying true to their mission of delivering innovative solutions that empower people to make healthier choices, NutriCook is poised for success and poised to become a leader in the health and wellness space.

NutriCook Shark Tank India Season 2

NutriCook

Founder of NutriCook

NutriCook Funding Round

The Pitch:

The Deal:

Investors Behind NutriCook

Conclusion:

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NutriCook Shark Tank India Season 2

NutriCook Shark Tank India Season 2

NutriCook

Founder of NutriCook

NutriCook Funding Round

The Pitch:

The Deal:

Investors Behind NutriCook

Conclusion:

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