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Smotect
DealQuit Smoking by tablets
Season 3, Episode 40“Shaping A Healthier Future”15-Mar-24Mumbai, MaharashtraMedical/Health
Pitcher Details
Business Metrics
Yearly Revenue
₹281L
Monthly Sales
₹100L
Gross Margin
80%
EBITDA
₹18L
The Ask
₹100L
for 1% equity
Implied valuation: ₹10,000L
The Deal
₹50L
for 5% equity + ₹50L debt
Deal valuation: ₹1,000L
-50.0% vs ask amount
Equity changed by +4.0%
Shark Investment (1 shark)
Investment
₹50L
Equity
5%
Debt
₹50L
Additional Details
Pitch #
441
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
1
Deal Conditions
Yes
Debt Interest
15%
Bootstrapped
Yes
Has Patents
No
