Pharmallama Scores a Deal with All Five Sharks, While Gladful Secures a Protein-Packed Investment!
Pharmallama’s Innovative Solution Wins Over All Five Sharks
Pharmallama, the startup addressing the chaos of managing multiple medications, has successfully secured a deal with all five sharks! Founded by Arjun Raghunandan, Achintya Dayal, and Deepesh Rajpal in 2022, Pharmallama offers a game-changing solution by pre-sorting medicines into sachets that include detailed labels and dosage instructions. Their technology simplifies medication management, especially for the elderly, by ensuring medicines are taken correctly and on time.
With over 5,000 customers and Rs. 85 lakh in sales to date, Pharmallama boasts an exclusive partnership with ACG Pam Pac and an average order value of Rs. 1,400. The startup’s platform streamlines the process from prescription verification to automated packaging. Seeking Rs. 1 crore for 1.5% equity, Pharmallama receives an impressive offer of Rs. 2 crore for 5% equity from all five sharks, valuing the company at Rs. 40 crore.
Gladful’s Protein-Packed Products Get a Boost from Sharks Aman, Amit, and Namita
Gladful, founded by Parul and Manu Sharma, aims to tackle protein deficiency with their range of protein-enriched products. Launched in 2022, the startup offers protein cookies, breakfast mixes, and dessert bites, catering to both children and adults. With Rs. 1 crore in net sales over the past nine months and products endorsed by 350 mothers, Gladful is making waves in the market.
The company seeks Rs. 50 lakh for 2% equity at a Rs. 25 crore valuation. Sharks Aman, Amit, and Namita are impressed and offer Rs. 50 lakh for 3.5% equity at a Rs. 14.3 crore valuation, sealing the deal with Gladful!