ORBO
AI-powered tools for beauty brands
The pitch
- Season / Episode
- S3 E20
- Aired
- 16 Feb 2024
- Industry
- Technology/Software
- From
- Mumbai, Maharashtra
- Founded
- 2019
- Asked for
- ₹1 Cr for 0.75%
- Valuation asked
- ₹133.33 Cr
The outcome
- Deal
- ₹1 Cr for 1%
- Deal valuation
- ₹100 Cr
- Yearly revenue
- —
- Monthly sales
- ₹18 L
- Gross margin
- —
Who invested
- Vineeta₹1 Cr for 1%
What happened next
- Niyogin To Acquire Shark Tank Featured Orbo's AI Platform For The BFSI Sector
Fintech company Niyogin acquired Orbo's BFSI-focused AI document/fraud-detection platform SuperScan, housing it in a new subsidiary called Niyogin AI, while Orbo retained and refocused on its beauty-tech business; deal terms were not disclosed.
Inc42 · 15 May 2024
News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.
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