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Primebook Shark Tank India Season 2

by IndiaSuccessStories
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Primebook Shark Tank India Season 2 Got 75 Lakhs Funding in Exchange of 3% Equity by Aman Gupta and Peyush Bansal.

Primebook Shark Tank India Season 2

Pitch no 32 with company details

Primebook

Primebook is a creative Indian brand that offers laptops with PrimeOS, its proprietary operating system, included.

Founder of Primebook

The brilliant notion that every student needs a laptop of their own was conceived by IIT Delhi roommates Chitranshu Mahant (CEO) and Aman Verma (co-founder and COO). Pankaj Rawat and Umang Leekha later joined them.

Primebook Funding Round

Company Name

Primebook

Shark Tank India Season

2

Episode No

11

Season No

2

Brand

Primebook

Idea

Android Laptops

Original Ask

75 Lakhs for 1.5% Equity

Deal

75 Lakhs for 3% Equity

Invested By:

Aman Gupta and Peyush Bansal

At the core of Primebook's pitch was a commitment to redefining the computing experience for consumers. By harnessing the versatility and user-friendly nature of the Android platform, Primebook aimed to deliver laptops that combined the functionality of a traditional computer with the convenience of a smartphone or tablet. Their goal was to cater to the evolving needs of modern users who demanded flexibility, mobility, and performance in their computing devices.

The Pitch:

Primebook entered the tank with a bold vision to revolutionize the laptop market by introducing Android-based devices tailored for modern users. Their idea was to offer sleek and powerful laptops powered by the Android operating system, providing users with a familiar interface and seamless integration with their mobile devices. With an original ask of 75 Lakhs for 1.5% equity, Primebook sought investment to accelerate product development, scale production, and launch their groundbreaking devices in the market.

The Deal:

Primebook's pitch resonated strongly with Aman Gupta and Peyush Bansal, who recognized the disruptive potential of their Android laptops in the tech industry. They offered a deal of 75 Lakhs for 3% equity, providing Primebook with the necessary capital and expertise to bring their vision to life. This strategic partnership marked a significant milestone for Primebook, empowering them to accelerate product development, expand their market reach, and establish a strong brand presence in the competitive laptop market.

Investors Behind Primebook

Aman Gupta and Peyush Bansal: With the backing of Aman Gupta and Peyush Bansal, Primebook embarked on a journey to redefine computing with their innovative Android laptops. The infusion of capital allowed them to ramp up research and development efforts, fine-tune product features, and execute targeted marketing campaigns to generate buzz around their upcoming launch. Armed with the support of seasoned investors, Primebook remained committed to delivering cutting-edge technology and superior user experiences to consumers worldwide.

Conclusion:

Primebook's appearance on Shark Tank India Season 2, Episode 11 showcased the power of innovation to disrupt established markets and drive meaningful change. Their successful pitch and strategic partnership with Aman Gupta and Peyush Bansal underscored the potential of Android-based computing devices to reshape the way we work, play, and connect in the digital age. As they continued to push boundaries and push the limits of technology, Primebook stood poised to leave an indelible mark on the tech landscape, one Android laptop at a time.

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