SoulUp has raised INR 50 lakhs in exchange for 5% equity from shark tank season 2. Namita invested in this startup. The pitchers made an ask of 50 lakhs rupees for 3% equity of the company.
Anupam and Vineeta Offered ₹50 lahks for 20% equity, valuation – ₹2.5 crores. Namita Offered ₹50 lahks for 20% equity, valuation – ₹2.5 crores. Namita Revised Offer ₹25 Lakh for 10% Equity and ₹25 Lakh Debt, Valuation – ₹2.5 Crore. Aman and Amit Offered ₹50 lahks for 15% equity, valuation – ₹3.33 crore. Again Namita Revised the Offer ₹50 lahks for 15% equity, valuation – ₹3.33 crore. Anupam and Vineeta’s Revised Offer ₹50 lahks for 15% equity, valuation – ₹3.33 crore.
Also Read The Plated Project has raised 75 lakhs at 3.75% equity from shark tank season 2. Veenita, Aman, and Namita invested in this startup.
Business Pitcher’s Counter Offer ₹50 lahks for 5% equity, valuation – ₹10 crore. Namita Revised Offered ₹50 lahks for 10% equity, valuation – ₹5 crore. Aman and Shark Amit’s Revised Offer ₹50 lahks for 9% equity, valuation – ₹5.56 crore. Anupam and Vineeta’s Revised Offer ₹50 lahks for 10% equity, valuation – ₹5 crore. Namita Revised Offer ₹50 lahks for 5% equity, valuation – ₹10 crore. The deal was finalized with Namita for ₹50 lakh for 5% equity.
The founders of the company are Punita Mittal and Mahak Maheshwari. They are from Bangalore. Punita, an IITian from Delhi who has been involved in the mental health field for 10 years, served as head of research and artificial intelligence at Healthify for 4.5 years. Mahak attended the Bombay IIT. She has experience with a consulting firm. She also worked for a business that provided women with mental health care and a D2C snack brand.
Humans often struggle with emotional issues, and when we do, we often feel alone and afraid to express our emotions for fear of being judged. As a result, this will shortly end because the pitchers have a plan called SoulUp. A peer-to-peer network called SoulUp allows users to interact with other users with similar problems to solve their problems. The solution addresses the following situations: Hyperactive Attention Deficit Disorder (ADHD), Disorder of the mind, Depression, and everyday issues.
They use one of two different income models:
The cost of a one-to-one is 99 rupees.
500 rupees are spent on each user per session of a group chat.
The broker will receive 50% of the money. The company was started in 2022. They are only accessible via the website with 9 key categories. They come in 21 various languages. So far, they have had 700 talks. A 45-minute video chat costs 99 rupees to participate in. 200 peers have so far registered with them.
What Problem Do They Solve
Soul Up Business has introduced a new way to solve the new life problems emerging in our lifestyle. Many Digital Community Platforms are created, but positive participation and process make these platforms successful. It is an online community tool called SoulUp. SoulUp is creating a vast global network that will allow users to find peers who are going through or have gone through a comparable experience and connect with them for 1-on-1 or group conversations.
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