On2cook is a revolutionary smart cooking device featured in Shark Tank India Season 1, Episode 34. Founded by Sanandan Sudhir, the company sought ₹1 Crore in exchange for 1% equity.
This innovative product utilizes combination cooking technology, making cooking easier and more efficient. According to the founder, it can reduce cooking time by up to 30%, providing users with significant time savings in the kitchen.
Company Name | On2cook |
Founder | Sanandan Sudhir |
Product | the smart cooking device, you can save up to 30% of your cooking time |
Asked For | ₹1 Crores for 1% Equity |
Final Deal | No Deals |
Shark | No Shark |
Episode (Shark Tank India) | S1 E34 |
Business Status | In Business |
Net Worth/Valuation | ₹100 Crores |
After appearing on Shark Tank India, On2Cook India Pvt Ltd successfully raised ₹17 crore in a seed funding round, achieving a valuation of ₹100 crore.
In this round, lead investor Dr. Mayur Desai invested ₹16 crore in exchange for 16% equity, while NRI investor Nirbhay Gandhi contributed ₹1 crore for a 1% equity stake.