STARTUPS FUNDED BY PEYUSH BANSAL
Startups in India are flourishing, with entrepreneurs seizing opportunities to create innovative businesses. Peyush Bansal, co-founder of Lenskart, believes in solving wide-ranging problems, which naturally leads to business success and financial rewards. His company addresses visual impairments in India, and his appearance on Shark Tank India has greatly benefited entrepreneurs with his advice and investments. Here is a list of startups funded by Peyush Bansal, showcasing his diverse investment portfolio.
1. Smiles.ai
- Founders: Hitesh Kakrani and Dr. Jatin Kakrani
- Industry: Dental Health-Tech
- Valuation: -
- Funded: INR 171 crores (with other investors)
Founded in 2019, Smiles.ai is a dental health-tech chain specializing in invisible smile aligners, dental implants, root canals, teeth whitening, and more. It offers digital consultations and at-home services. The company raised INR 171 crores in a Series A funding round from Peyush and ten other investors.
2. inFeedo
- Founder: Tanmaya Jain
- Industry: AI Chatbot
- Valuation: $1.49 Million
- Funded: INR 5.3 crores (with other investors)
Founded in 2013, inFeedo is a SaaS-based analytics company that develops an employee engagement platform for enterprises. This platform allows employees to review their companies, voice problems, and receive feedback anonymously. The company raised $700k in a seed round from Peyush and seven other investors.
3. Shiprocket
- Founders: Saahil Goel and Vishesh Khurana
- Industry: E-commerce Shipping, Automated Shipping
- Valuation: $930 Million
- Funded: INR 1405 Crores (with other investors)
Founded in 2012, Shiprocket is an e-commerce shipping and enablement platform offering negotiated freight rates. It manages the complete process from choosing the right courier company to printing shipping labels and tracking orders. The company raised $185M in Series E funding from Peyush and thirteen other investors.
4. DailyObjects.com
- Founders: Pankaj Garg and Saurav Adlakha
- Industry: E-Commerce
- Valuation: $3.8 Million
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Funded: INR 9.8 Crores (with other investors)
Founded in 2012, DailyObjects.com is an e-commerce portal for cars, gadgets, travel, office, and personal grooming. It offers innovative and stylish accessories that enhance everyday products, helping people stylize their favorite devices. The company raised $1.3M in venture round funding from Peyush and other investors.
5. Thinkerbell Labs
- Founders: Sanskriti Dawle and Aman Srivastava
- Industry: Tech-based self-learning device
- Valuation: $4.76 Million
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Funded: INR 50 Lakhs
Founded in 2016, Thinkerbell Labs developed India’s first self-learning remote-enabled Braille literacy device named ‘Annie.’ These devices enable visually-impaired children to learn to read and type without special guidance. Peyush funded the startup with INR 50 lakhs for 1% equity.
6. Vivalyf
- Founders: Duvvuru Varshitha and Vimal Kumar
- Industry: Health-Tech
- Valuation: INR ₹7.47 Crores
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Funded: INR 28 Lakhs
Founded in 2021, Vivalyf is a glucometer brand that combines technology and science to offer a painless experience for patients with diabetes. The company aims to improve healthcare quality with technology. It received INR 28 lakhs in funding at 16.6% equity from Peyush.
7. Ariro
- Founders: Nisha Ramasamy and Vasanth Tamilselvan
- Industry: Eco-friendly Toys
- Valuation: INR 5 Crores
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Funded: INR 25 Lakhs
Founded in 2020, Ariro makes eco-friendly toys for children, focusing on ages 0-3. The toys are made with neem wood and safe paints, aiding in children's gross motor development. Peyush funded INR 25 lakhs for 5% equity.
Conclusion
Peyush Bansal's investments on Shark Tank India reflect his dedication to supporting innovative startups across various industries. His contributions have significantly impacted the startup ecosystem, providing valuable funding and guidance. From health-tech to eco-friendly toys, Peyush's investments showcase his commitment to purpose-driven businesses and solving real-world problems. His involvement in Shark Tank India fashion and Shark Tank India clothing startups further emphasizes his diverse investment interests.
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| SHARK TANK INDIA | SHARK TANK INDIA FASHION | SHARK TANK INDIA CLOTHING | PEYUSH BANSAL | SMILES.AI | ARIRO | VIVALYF | THINKERBELL LABS | DAILYOBJECTS.COM | SHIPROCKET | INFEEDO |
~Mimansa Sharma