Ugees, a Gurugram-based specialized undergarment wash product, made its mark on Episode 23 of Shark Tank India Season 4. Founded by innovators Rahul Tyagi and Samiksha Yadav, the company addresses a crucial yet often overlooked aspect of personal hygiene.
Table of Contents
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The Shark Tank India Pitch
Initial Ask
- Amount Requested: ₹50 Lakhs
- Equity Offered: 2.5%
- Valuation: ₹20 Cr
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Final Deal
- Investment Secured: ₹50 Lakhs
- Equity Given: 4%
- Final Valuation: ₹12.5 Cr
- Investing Shark: Anupam Mittal
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Company Overview
What is Ugees?
Ugees has developed a specialized solution for washing undergarments, addressing common problems caused by harsh detergents, including:
- pH balance disruption
- Skin irritation and rashes
- Urinary tract infections
- Fabric damage
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Quick Facts Table
Company Name | Ugees |
Founded | 2022 |
Location | Gurugram |
Founders | Rahul Tyagi & Samiksha Yadav |
Industry | Personal Care Product Manufacturing |
Initial Valuation | ₹20 Cr |
Final Valuation | ₹12.5 Cr |
Profitability | Undisclosed |
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Product Benefits
- Gentle on Delicate Fabrics
- Maintains Natural pH Balance
- Prevents Skin Irritation
- Specifically Formulated for Undergarments
- Reduces Risk of Infections
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The Shark Tank Experience
The episode featured all five sharks:
- Namita Thapar
- Aman Gupta
- Peyush Bansal
- Anupam Mittal
- Ritesh Agarwal
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Future Growth Potential
With Anupam Mittal’s investment and mentorship, Ugees plans to:
- Expand product distribution
- Enhance marketing efforts
- Develop new product variants
- Increase market penetration
- Build brand awareness
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Conclusion
Ugees’ successful pitch on Shark Tank India Season 4 highlights the growing demand for specialized personal care products. With Anupam Mittal’s backing and expertise, the company is well-positioned to revolutionize the undergarment care industry in India.
Frequently Asked Questions
What makes Ugees different from regular detergents?
Ugees is specifically formulated for undergarments, with gentle ingredients that protect both the fabric and the wearer’s health while ensuring effective cleaning.
Who are the founders of Ugees?
Rahul Tyagi & Samiksha Yadav