Julaa Shark Tank Deal Update: Did The Founders Get a Deal From Sharks or Not?

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julaa automation shark tank india

Shark Tank India begins yet another week with a new range of exciting, aspirant startup founders from different parts of India. The Sharks for this week’s episodes in Shark Tank India will be Peyush Bansal (Lenskart), Namita (Emcure Pharma), Ghazal Alagh (MamaEarth), Vineeta Singh (Sugar Cosmetics) and Anupam (Shaadi.com).

Julaa was the second company to feature in Shark Tank India which also launched its product on the show.

Shark Tank India Episode 26 Companies List

What Happened to Julaa Automation in Shark Tank India?

  • Jula Automation is founded by an aspiring Gujaratis,  Rameshkumar Patel, Chandrakantabhai Patel, and Jay Umretiyay.
  • Ramesh came into the Shark Tank India platform asking for INR 50 Lakhs for 10% equity in their fragrances brand, ‘Julaa Automation’.
  • The Sharks are impressed with the prototype presented by Julaa Automation with an automated, smart cradle. However, their pricing for the product was a put off for the entire panel.
  • Hence, Julaa Automation did not get a deal from Shark Tank India.

Julaa Automation Shark Tank India Deal or No Deal?

Company Name Julaa Automation
Founder Rameshkumar Patel, Chandrakantabhai Patel, and Jay Umretiyay
Product Automated baby cradle brand with automatic light and fan, app activated lullabies, wet detection, tyres
Asked For ₹50 Lakh for 10% Equity
Final Deal NO DEAL
Shark NO DEAL
Episode (Shark Tank India) Season 1 Episode 25 (24th January)
Business Status In Business
Net Worth/Valuation ₹5 Crores
Website

 

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