More About Cosmix
Cosmix has two major categories of supplements namely superfood supplements and protein supplements. In these two categories, they have more than 15 products targeting various body parts.
Founders of Cosmix
Vibha Harish and Soorya Jagadish are the cofounders of Cosmix, a plant-based supplements brand.
Cosmix Shark Tank Pitch and Updates
Vibha Harish and Soorya Jagadish appeared on Shark Tank India season 3, sharing details about their clean plant-based supplement brand Cosmix.
The founders started their pitch by sharing the story of a dull plant. They asked the Sharks do we need to apply a costly cream to revive this plant or instead we would have to give the right nutrients, water, and other important elements to it through the soil.
They used this analogy to share the fact that if a human being is facing some issues in his body, we need to understand and fix the root cause. To help people with the same, they both launched Cosmix, a clean plant-based supplement brand that fixes the root cause.
As per the founders, they have helped more than 1 lac people in their health journey in the last few years.
After that initial pitch, the founders demanded INR 1 Crore for 1% equity at a valuation of INR 100 Crores.
After that, the Sharks started asking various questions about their business:
- Azhar Iqubal asked the founders about their story and how they ended up solving this problem.
- Peyush Bansal asked them how they are different from other players in the market as there are so many in the market with similar products. He also asked them about their sales to understand user reviews and love for the brand.
- Namita Thapar asked the founders about their product range. She also asked them about their process of scaling their business in the past few years.
- Anupam Mittal appreciated their product branding, packaging, etc, and asked them about their formulation.
- Amit Jain wanted to know if they have a unique formulation that someone else cannot do.
After all the discussion, the founders received multiple offers from different Sharks. In the end, the founders went with an offer from Namita Thapar who was competing with Peyush Bansal to take the deal.
| Company Name | Cosmix |
| Founders | Vibha Harish and Soorya Jagadish |
| Headquarters | Karnataka |
| Founded Year | 2020 |
| Business | Plant-based Supplements |
| Profitability | Yes |
| Shark Tank Episode | Season 3 – Episode 26 |
| Asked For | INR 1 Crore for 1% equity |
| Deal | INR 1 Crore for 1% equity with 1% Royalty until INR 1 Crore is Recouped |
| Sharks Invested | Namita Thapar |
| Valuation Given | INR 100 Crores |
| Website | Click Here |
Cosmix secured a deal of INR 1 Crore for 1% equity with 1% royalty until INR 1 Crore is recouped at a valuation of INR 100 Crores from Namita Thapar.
Frequently Asked Questions About Cosmix
After their appearance on Shark Tank India Season 3, people tried to find more information about Cosmix. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Cosmix?
Vibha Harish and Soorya Jagadish are the cofounders of Cosmix, a plant-based supplements brand.
2. Is Cosmix From Shark Tank India profitable?
Yes, Cosmix is a profitable brand right from the initial stage. As per their Shark Tank India pitch, they had an EBITDA of 11% on the revenue of around 27 Crores.
3. What happened to Cosmix after the Shark Tank?
Cosmix was able to secure a deal from Shark Tank India. Now, they will be working on scaling the brand on a global level with the help of guidance and a network provided by Namita Thapar.
4. What Is The Valuation of Cosmix?
Cosmix was able to secure a deal in Shark Tank India at a valuation of INR 100 Crores.
