A health startup backed by actor Huma Qureshi managed to secure a ₹1 crore deal on the ongoing season of Shark Tank India.
Moderate, the Hyderabad-based health brand, made a splash on the recent episode of Shark Tank India 4, by securing a ₹1 crore deal for 5% equity from two sharks.
The startup pitched their flagship product, Calorie Crusher Tablets on Shark Tank India. The tablets are designed to reduce calorie and carbohydrate absorption from meals. Their pitch impressed two sharks – Aman Gupta and Kunal Bahl – who joined hands to buy 5% equity of the company for ₹1 crore.
Moderate already has a celebrity backer in its investor and Chief Product Evangelist, Huma Qureshi. Reacting to her brand securing the big deal on the show, Huma said in a statement, “Moderate’s been my daily ritual, whether I’m on set or juggling life’s chaos. Really proud that our brand Moderate got a deal at Shark Tank India, but the real win. Building something that works for real lives, mine included. I’m thrilled to see Moderate swim with the sharks and prouder still to be part of India’s startup wave.”
Talking about her experience on the show, Dr Lalitha Palle, co-founder of Moderate, said, “Shark Tank India has been an incredible platform to showcase our vision. This deal is a testament to the power of innovation and perseverance, and we’re excited for the journey ahead.”
