Huma Qureshi's Startup Secures ₹1 Crore Deal on Shark Tank India: "Really Proud"
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A health startup supported by actress Huma Qureshi successfully secured a ₹1 crore investment during the current season of Shark Tank India. The Hyderabad-based health brand, Moderate, made a significant impact in a recent episode of Shark Tank India 4 by obtaining a ₹1 crore investment in exchange for 5% equity from two investors.
Huma Qureshi's involvement with the brand on Shark Tank India
The startup presented its flagship product, Calorie Crusher Tablets, on the show. These tablets are formulated to decrease the absorption of calories and carbohydrates from food. The pitch captivated two investors, Aman Gupta and Kunal Bahl, who collaborated to acquire 5% equity in the company for ₹1 crore.
Moderate is already backed by a celebrity investor, Huma Qureshi, who serves as the Chief Product Evangelist. In response to the successful deal on the show, Huma expressed, "Moderate has become an integral part of my daily routine, whether I am on set or managing the demands of life. I am immensely proud that our brand Moderate secured a deal on Shark Tank India, but the true achievement lies in creating a product that benefits real lives, including my own. I am excited to see Moderate thrive alongside the sharks and even prouder to be part of India's entrepreneurial movement."
Dr. Lalitha Palle, co-founder of Moderate, shared her thoughts on the experience, stating, "Shark Tank India has provided an exceptional platform to present our vision. This deal exemplifies the strength of innovation and determination, and we are eager for the journey that lies ahead."
Overview of Shark Tank India
Shark Tank India is a reality television program focused on entrepreneurship, where entrepreneurs pitch their business ideas to established investors, known as Sharks, in hopes of securing funding. In addition to Aman and Kunal, Shark Tank India 4 features other investors such as Peyush Bansal, Namita Thapar, Vineeta Singh, and Anupam Mittal. The show is available for streaming every Monday to Friday at 8 PM on Sony LIV.
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