upliance.ai is a smart cooking device brand with its product named upliance, a personalized, all-in-one AI cooking assistant with 500+ recipes.
More About upliance
Their smart cooking assistant has sensors and heating elements that control the complete cooking process automatically. The device also has a screen where the customer can watch all the steps to cook more than 500_ recipes.
Founders of upliance.ai
Mohit Sharma and Mahek Mody are the co-founders of upliance.ai, the smart cooking device brand.
upliance.ai Shark Tank Pitch and Updates
Mohit Sharma and Mahek Mody appeared on Shark Tank India season 3 and shared details about their product upliance.
The founders started their pitch with some interesting insights from every Indian household. They shared that people want to eat tasty food but don’t have enough cooking knowledge and guidance. To help them with this issue, they built upliance, a multi-functional cooking assistant.
The founder then demanded INR 1 crore for 1% equity at a valuation of INR 100 crores.
After that, they started the demonstration of the product to prepare Kadhai Paneer. The Sharks were not impressed by the process as a lot of manual steps were still there which the product was not able to help with.
After the initial pitch, the Sharks started asking various questions from them about their product:
- Namita Thapar asked that they use AI in their pitch as a buzzword only and the actual AI implementation was not seen in the product.
- Azhar Iqubal asked questions about their product related to the use of AI for dish customization.
- Anupam Mittal suggested they focus more on hardware and not on AI as it will need them to shift to the software side.
- Peyush Bansal said their cooking process is taking much time when compared with the traditional cooking process.
- The sharks also asked about their manufacturing cost and the price at which they are selling the product.
After all the discussions, they only received one investment offer from Peyush Bansal which they were not able to close.
| Company Name | upliance.ai |
| Founders | Mohit Sharma and Mahek Mody |
| Headquarters | Bangalore |
| Founded Year | 2021 |
| Business | Cooking Device |
| Profitability | No |
| Shark Tank Episode | Season 3 – Episode 8 |
| Asked For | INR 1 crore for 1% equity |
| Deal | No Deal |
| Sharks Invested | No Deal |
| Valuation Given | – |
| Website | Click Here |
upliance.ai was not able to secure a deal on Shark Tank India season 3.
Frequently Asked Questions About upliance.ai
After their appearance on Shark Tank India Season 3, people tried to find more information about upliance.ai. So here are some of the frequently asked questions about them.
1. Who Is The Founder of upliance.ai?
Mohit Sharma and Mahek Mody are the co-founders of upliance.ai, the smart cooking device brand.
2. Is upliance.ai From Shark Tank India profitable?
No, upliance.ai from Shark Tank India is not a profitable company and they have a monthly burn of 30 lakhs.
3. What happened to upliance.ai after the Shark Tank?
upliance.ai was not able to secure any investment from Shark Tank India season 3 but they are still selling their product online for 23,999 Rupees.
4. What Is The Valuation of upliance.ai?
upliance.ai asked the investment from Sharks at a valuation of 100 crores.
