Author: sushree

  • Pet care brand Nootie bags INR 1 Cr deal on Shark Tank India

    Pet care brand Nootie bags INR 1 Cr deal on Shark Tank India

    Mass-premium pet care brand Nootie made a strong impression on Shark Tank India Season 5, walking away with a ₹1 crore investment after a high-voltage face-off against cat-food startup Smylo.  The episode aired on January 12, 2026, and featured a sharp debate around dog-first versus cat-first nutrition in India’s growing pet food market.

    Founded by Karan, Anil, and Akshay Mahendru under parent company Pet Point India Pvt. Ltd., Nootie operates across two verticals, its own private-label pet products and The Pet Point, a chain of physical pet stores. While Pet Point has been around since 2003, the Nootie brand represents the founders’ push into modern, mass-premium pet nutrition.

    During the pitch, the founders highlighted that all Nootie products use 100% human-grade ingredients, even going so far as to eat a dog biscuit on camera to prove the point.

    One of the spotlight products was “Nibblr,” priced at ₹179, along with a ₹10 dog biscuit pack sold on Swiggy Instamart, created specifically so people can affordably feed stray and community dogs. This social initiative drew strong praise from the sharks, especially Namita Thapar, who called it thoughtful and noble.

    The pitch wasn’t without its tense moments. Akshay Mahendru faced tough questioning around branding focus and product diversification, particularly the pressure of launching multiple categories to meet quick-commerce demands. At one point, the emotional intensity showed, leading to a rare vulnerable moment on the tank, one that Anupam Mittal responded to with reassurance and empathy.

    On the business front, Nootie shared that it serves over 70,000 families, operates eight physical retail stores, has a strong quick-commerce presence, and clocks over ₹24 crore in annual recurring revenue.

    The founders initially asked for ₹1 crore for 1.2% equity, valuing the company at over ₹83 crore.  After a round of back-and-forth negotiations, Anupam Mittal and Namita Thapar came together with a joint offer, agreeing to invest ₹1 crore for a 4% stake in the company, along with a 1% royalty on sales until their investment is fully recovered, effectively valuing the business at ₹25 crore.

  • Smylo secures INR 75 lakh deal on Shark Tank India

    Smylo secures INR 75 lakh deal on Shark Tank India

    Cat nutrition startup Smylo made an appearance on Shark Tank India, where founders Abhishek Agrawal (IIT Delhi) and Kartikeya Gupta (BITS Pilani) shared their vision of building everyday, nutrition-focused food for cats in India.

    Founded to address gaps in the pet food market, Smylo positions itself as a natural and preservative-free brand that focuses on balanced meals rather than treat-style products. During the pitch, the founders pointed out that nearly 60% of pets in India are overweight or obese, while the overall cat food market is already estimated at ₹3,000–₹3,500 crore.

    The brand currently offers flavours such as Chompin’ Chicken, Tastin’ Tuna, and Munchin’ Mackerel, and runs a ₹299 trial pack with a 100% money-back guarantee to onboard first-time customers. Around 40 users have already opted for the trial programme.

    Sharing traction, the founders said Smylo has served over 4 lakh cat meals so far. The brand sees around 2,500–2,800 customers every month, with close to 45% coming from repeat subscribers.

    On the financial front, Smylo reported revenue growth from ₹21 lakh in FY24–25 to ₹56 lakh in October 2025 alone, taking cumulative sales to ₹2.3 crore. Gross margins on its bone broth products stand at around 75%, though the company is still in its investment phase with a current monthly EBITDA loss of about 20%.

    The founders also shared that Smylo raised ₹4 crore in May 2024 and is now preparing to launch dry food products. Expansion through quick-commerce platforms is also part of the company’s next growth phase.

    Smylo initially asked for ₹68 lakh in exchange for 1% equity. After negotiations, Anupam Mittal, Kunal Bahl, and Varun Alagh came together with a joint offer of ₹75 lakh for 1% equity, along with 5% advisory equity. The deal valued the company at ₹75 crore.

    With the sharks on board, Smylo now plans to scale operations and strengthen its presence in India’s growing pet nutrition market.

  • Edgistify Raises $1.4 Mn in Pre-Series A Round 

    Edgistify Raises $1.4 Mn in Pre-Series A Round 

    Mumbai-based warehousing and fulfilment startup Edgistify has raised $1.4 million in a pre-Series A funding round co-led by NB Ventures and Rajesh Ranavat.

    The round also saw participation from PhysicsWallah co-founder Prateek Maheshwari, along with angel investors Vivek Gaur, Vikram Tandon, and others.

    The company had earlier raised $1.63 million in a seed round backed by Sterling Auxiliaries and existing investors.

    With the fresh capital, Edgistify plans to onboard more high-growth brands, strengthen its AI-led orchestration platform EdgeOS, and expand fulfilment capabilities across Tier-II and Tier-III markets.

    Founded in 2017 by Umang Shukla, Antim Suman, and Kamal Kishore Kumawat, Edgistify operates as an AI-driven warehousing and fulfilment partner. Its proprietary platform, EdgeOS, brings together warehousing, order management, transportation, and on-ground operations into a single execution layer.

    https://app.ceotrail.com/bluecopa-raises-7-5-mn-in-series-a-led-by-analog-partners/

    The company runs a warehouse network across North, South, East, and West India, enabling deliveries to more than 27,000 pin codes. Edgistify works with brands across FMCG, beauty, electronics, pharma, and quick commerce, and claims to process over 1 lakh orders daily through a network of 100+ warehouses across 50+ cities.

  • Emori Secures INR 3 Cr Investment on Shark Tank India at ₹50 Cr Valuation

    Emori Secures INR 3 Cr Investment on Shark Tank India at ₹50 Cr Valuation

    Lab-grown diamond jewellery brand Emori made a strong appearance on Shark Tank India Season 5, where the founders walked the sharks through their vision of building an affordable, transparent jewellery brand for modern Indian consumers.

    Founded in 2023 by Arushi Jain, Emori positions itself as an online-first brand focused on lab-grown diamonds that are third-party certified and priced clearly.

    During the pitch, the founders highlighted that a 1-carat lab-grown diamond is priced at around ₹32,000, significantly lower than natural alternatives, with jewellery prices starting at ₹50,000 and premium pieces going up to ₹3–3.5 lakh.

    The brand currently offers 600+ ring designs across 14-carat and 18-carat purity, along with a lifetime warranty.

    Sharing traction, the team revealed that Emori operates through a mix of online (42%) and offline (58%) sales, with its sole physical store located in Sector 67, Gurugram.

    The store sees a 45% walk-in conversion rate, while the brand reports an average order value of ₹59,000 and a 12% repeat rate over 12 months.

    Emori manages a lean inventory model split evenly between ready-to-ship and made-to-order pieces, with inventory turning over 10 times a year.

    On the financial front, the founders shared that Emori closed FY24–25 with ₹4.5 crore in revenue and has already crossed ₹6.2 crore in FY25–26, targeting ₹13 crore by the end of the fiscal year.

    https://app.ceotrail.com/goat-life-secures-%e2%82%b92-cr-investment-on-shark-tank-india/

    The company expects to post an EBITDA of ₹80 lakh with margins improving to 6%, up from around 2% earlier. Until the show, Emori had been completely bootstrapped.

    For the deal, the founders initially asked for ₹75 lakh for 1% equity, valuing the company at ₹75 crore. After negotiations, a deal was finalised with Anupam Mittal and Amit Jain, Namita Thapar, and Ritesh Agarwal, who together invested ₹3 crore for 6% equity, bringing the final valuation to ₹50 crore.

    With fresh capital in the bank, Emori plans to open new stores in Noida and Delhi, strengthen inventory, and scale its presence in India’s growing lab-grown diamond jewellery market.

  • Bluecopa Raises $7.5 Mn in Series A Led by Analog Partners

    Bluecopa Raises $7.5 Mn in Series A Led by Analog Partners

    Bluecopa, a fintech automation startup based in Hyderabad, has closed a $7.5 million Series A funding round led by Analog Partners, with continued support from Blume Ventures and Dallas Venture Capital.

    Following this raise, the company has now amassed a total of $11.6 million in funding.

    The fresh capital will be used to deepen product development around autonomous finance capabilities and to expand Bluecopa’s presence across APAC, North America, and the Middle East.

    The startup is also investing in building specialised AI models for finance teams that handle large transaction volumes.

    Founded in 2021 by Satya Prakash Buddhavarapu, Nilotpal Chanda, and Raghavendra Reddy, Bluecopa is building an AI-native platform that automates core enterprise finance workflows, including reconciliations, accounts receivable and payable, reporting, and financial close. The company says its system replaces manual and batch-based processes with continuous, audit-ready operations.

    https://app.ceotrail.com/skincare-startup-be-clinical-bags-inr-6-crore-in-seed-round-led-by-v3-ventures/

    Bluecopa claims it has recorded over 5x revenue growth and a 3x increase in customers over the past year. Its enterprise customers include listed companies and private enterprises across sectors such as ecommerce, retail, logistics, travel, and financial services.

    According to the company, customers using its platform have seen shorter financial close cycles, higher operational efficiency, and fewer manual errors, with near real-time visibility into financial reporting.

  • Goat Life Secures ₹2 Cr Investment on Shark Tank India

    Goat Life Secures ₹2 Cr Investment on Shark Tank India

    Nutrition startup Goat Life made a confident pitch on Shark Tank India, where founder Yash Kalra, a 25-year-old entrepreneur from Kota, walked the sharks through how he’s building a nutrition brand focused on “experience over degrees.”

    During the episode, Yash explained that Goat Life isn’t positioned as just another whey protein brand. Instead, he described it as a complete-meal nutrition product, designed with balanced macros and a controlled glycemic index. He also pointed out that the product delivers higher nutritional value and is priced at close to ₹3,000 per kg.

    Talking about traction, the founder shared that Goat Life follows a limited-drop model, releasing products every few months. The first product drop received 400 pre-orders on Day 1, while sales grew from 2,000 boxes in the first drop to 10,000 boxes in the second, a jump that caught the sharks’ attention.

    On the numbers front, Yash told the panel that the brand clocked ₹11 lakh in revenue in FY24, followed by ₹25 lakh in FY25, and has already crossed ₹2 crore in FY26 (till December). He also highlighted that the company manufactures its products in-house in Kota, with a daily capacity of 4,000 packets, and works alongside an NGO-supported, all-women workforce.

    The founder further mentioned that Goat Life enjoys a 40% repeat customer rate, 57% gross margins, and strong online traction, including 8% engagement on Instagram, with a clear focus on scaling through D2C channels.

    https://app.ceotrail.com/emomee-secures-inr-2-crore-deal-on-shark-tank-india-season-5/

    For the deal, Yash came in asking for ₹36 lakh in exchange for 1% equity, valuing the company at ₹36 crore. After detailed discussions, multiple offers, and counter-offers, the final deal was struck with Aman Gupta and Anupam Mittal, who together invested ₹2 crore for 8% equity, valuing Goat Life at ₹25 crore.

    With the investment secured, Goat Life now looks to scale its operations and deepen its presence in India’s fast-growing nutrition market.

  • Skincare Startup Be Clinical Bags INR 6 Crore in Seed Round Led by V3 Ventures 

    Skincare Startup Be Clinical Bags INR 6 Crore in Seed Round Led by V3 Ventures 

    Mumbai-based skincare brand Be Clinical has raised ₹6 crore in a seed funding round led by V3 Ventures, with Titan Capital also participating and increasing its earlier commitment.

    The brand had previously raised ₹2 crore in the same round led by Titan Capital, along with participation from P-TAL founder Aditya Agarwal.

    The fresh capital will be used to strengthen Be Clinical’s in-house research and development capabilities, conduct clinical testing, and build targeted solutions for ageing concerns across the face, body, and scalp.

    The company also plans to expand its manufacturing facility by adding advanced machinery to improve production capacity and quality control.

    Founded in May 2024 by Hemangi Dhir, Be Clinical is an evidence-led skincare brand focused on clinically tested products developed for Indian skin and environmental conditions. The brand works on in-vivo tested formulations and operates with end-to-end in-house research and manufacturing.

    https://app.ceotrail.com/aivar-bags-4-6-mn-in-seed-round-backed-by-sorin-investments/

    Since launch, Be Clinical claims to have served over 25,000 customers and seen early traction across its direct-to-consumer channels. The company plans to further invest in packaging upgrades designed to preserve ingredient efficacy while supporting its clinical positioning.

    Be Clinical operates in the anti-ageing skincare segment, competing with brands such as Olay, Neutrogena, Clinique, and Dr. Sheth, as it continues to build science-backed solutions for the Indian market.

  • Nitro Commerce Secures $5 Mn in Series A Funding Led by Cornerstone Ventures

    Nitro Commerce Secures $5 Mn in Series A Funding Led by Cornerstone Ventures

    New Delhi-based Nitro Commerce has raised $5 million in a full-equity Series A funding round led by Cornerstone Ventures.

    The round also saw participation from India Accelerator & Finvolve, Equentis Wealth Advisory Services, Grand Anicut Angel Fund, Razorpay Ventures, Rukum Sitara Fund, and Ankurit Capital.

    The company plans to use the fresh capital to drive platform-led growth, expand its team, strengthen AI and agentic capabilities, and scale its presence in international markets.

    Founded by Umair Mohammad, Shamail Tayyab, and Pratik Anand in 2023, Nitro Commerce is building an AI-led growth operating layer for consumer brands across D2C, quick commerce, marketplaces, and retail. The platform aims to help brands manage customer acquisition, engagement, and attribution within a single system.

    https://app.ceotrail.com/microdrama-platform-minipix-raises-rs-2-4-cr-pre-seed-funding-led-by-pedalstart/

    Nitro Commerce said it has seen strong traction, reporting a 10x year-on-year revenue growth and reaching $5 million in annual recurring revenue within 12 months. The company is targeting $10 million in ARR over the next six months.

    The platform currently works with over 2,500 brands, including Imagine Online, Rare Rabbit, Dot & Key, Pepperfry, Blue Tokai, VIP Industries, and Neeman’s, as it continues to expand its role in India’s digital consumer economy.

  • Aivar Bags $4.6 Mn in Seed Round Backed by Sorin Investments 

    Aivar Bags $4.6 Mn in Seed Round Backed by Sorin Investments 

    AI services startup Aivar has raised $4.6 million in a Seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners.

    The company said the fresh capital will be used to expand its operations across India, the US, and the Middle East, while continuing to invest in AI accelerators, senior talent, and global delivery capabilities.

    Founded in 2024, Aivar works with startups and enterprises to help move AI initiatives from experimentation to production. The company operates as an end-to-end AI studio, offering strategy consulting, custom AI solution development, and managed AI operations.

    In under a year of operations, Aivar claims to have onboarded more than 80 customers across sectors. Its work focuses on automating enterprise workflows using a combination of custom AI engineering and internal accelerators.

    https://app.ceotrail.com/multibagg-ai-raises-rs-1-5-cr-pre-seed-funding-led-by-ajvc/

    The company has developed proprietary tools including Convogent AI for multilingual voice and conversational use cases, Velogent AI for automation in regulated workflows, and Kubogent AI for infrastructure to host AI workloads.

    Going ahead, Aivar plans to deepen enterprise adoption of AI by focusing on automation and operational efficiency across core business processes. 

  • Microdrama platform MiniPix Raises Rs 2.4 Cr Pre-Seed Funding Led by PedalStart

    Microdrama platform MiniPix Raises Rs 2.4 Cr Pre-Seed Funding Led by PedalStart

    Bengaluru-based microdrama platform MiniPix has raised Rs 2.4 crore in a pre-seed funding round led by startup accelerator PedalStart.  

    The round also saw participation from Venture Catalysts and Route Mobile founders Sandip Gupta and Rajdip Gupta through SanRaj Family Ventures. 

    The company plans to use the capital to refine its product-market fit, scale regional content production, and build a focused execution team. 

    MiniPix is targeting audiences in tier-II and tier-III cities with short, mobile-first drama content designed for quick consumption. 

    Founded in June 2025 by Brijesh Kashyap (CEO), Om Prakash Singh, and Sushil N. (CTO)., MiniPix operates a vertical-video platform centred on regional micro-dramas. The startup currently focuses on Bhojpuri content and plans to expand into five additional Indian languages over the next two years. 

    Since debuting, MiniPix has rapidly grown to over 100,000 downloads in six months, with 20,000+ paying users, 3 million episode views, and ARR now above ₹3 crore. 

    Going ahead, the company is exploring selective use of AI-led tools to improve efficiency across content creation and platform operations, while working towards an ARR target of Rs 6 crore by March 2026.