The Shark tank India startup Nuutjob has raised INR 25 lakhs for 20 percent equity by sharks Mr Peyush Bansal, founder and CEO of lenskart; Mr Aman Gupta, co-founder and CMO of boAt and Mrs Namita Thapar, founder and CEO of Emcure pharmaceuticals combinedly.
As we all know, personal hygiene is so much important for everyone. Especially in summer, the intimate parts such as the genital part and armpits get sweaty, an awful smell comes from there and sometimes fungal, and bacterial infection also happens. The Nuutjob’s hygiene product eliminates all these kinds of problems.
The startup owner primarily asked for INR 25 lakhs for 5 percent of equity to the sharks. Mr Ashneer Grover and Mr Anupam Mittal initiated the deal and offered INR 25 lakhs for 25 percent of the equity. Still, the value was countered by Mr Peyush Bansal, Mr Aman Gupta and Mrs Namita Thapar. The three judges offered INR 25 lakhs for 20 percent of the equity. Then the entrepreneurs discussed among them, and finally, they agreed to the deal.
The Ahmedabad based startup was founded by two sisters named Ananya Maloo and Anushree Maloo. The products include Nuutwash (use for intimate nut, butt, body and hair wash), Nuutguard (intimate liquid powder), Nuutfresh (intimate sack spray) and Nuutclean (no rinse intimate dry wash). The products are available at the online store at a nominal price. The startup has a net worth of 1 crore and was established in July 2021.
Problems Solved By Nuutjob.
Nuutjob solves the central problem of itching at intimate parts. These products prevent fungal and bacterial skin infections. As many related products use synthetic chemical, the Nuutjob products are purely organic, so there is no side effect. The main problem solved by Nuutjob is people don’t have to run after different products. You can find every solution here in nuutjobs.