Image Credits: Shark Tank India
Last updated on 12 January 2022. Find out everything about Nuutjob pitch on Shark Tank India, founders Anushree & Ananya Maloo, with the latest updates about their company!
Nuutjob on Shark Tank India
‘Nuutjob’ was founded in 2021. Their pitch premiered on season 01’s episode 10.
Here are the key details about their pitch on Shark Tank India:
| Business Name | Nuutjob |
| Founders | Anushree & Ananya Maloo |
| Episode no. | Season 01 Episode 10 |
| Ask | ₹25 Lakhs for 5% equity |
| Accepted Offer | ₹25 Lakhs for 20% equity |
| Sharks | Aman Gupta, Namita Thapar, Peyush Bansal |
| Current Status | In-business |
Nuutjob makes male intimate hygiene products for Indian men, one of the first companies in this space in the country. Officially, the parent company is ‘Manscape’ which will cover a complete male grooming range in future.
The startup has 3 main products in its catalog: a body wash, spray and liquid powder. All of these are Sulfate and Paraben free, as well as contain natural ingredients like Lavender essential oil, Aloe vera juice and activated charcoal powder.
They sell via their website and many popular online marketplaces. One of their most-used product is ‘Intimate DEO Spray’ which you can get on Amazon India now (*Affiliate Link):
Or buy it by clicking here: https://amzn.to/33suCEV
*Affiliate Link means that we get a certain percentage from the sale when you purchase through our link.
The entrepreneurs asked for ₹25 lakhs for a 5% stake in the business. They want to grow the business as well as put some money in making content to educate the consumer.
Ashneer and Anupam gave the first offer for 25% equity. Then, the 3 other sharks joined hands for a combined offer to compete with them.
In the end, sharks Aman Gupta, Namita Thapar and Peyush Bansal closed the deal for ₹25 lakhs by getting 20% of the startup.
About Ananya & Anushree Maloo
Ananya and Anushree Maloo are the founders of Nuutjob. Interesting to note that two women started a male hygiene company. Ananya was in Marketing & PR field, whereas Anushree was in the Management sector before. The startup is based in Ahmedabad, Gujarat.
The products were inspired by the entrepreneurs’ fathers problem and they also encouraged their daughters for this business.
After Shark Tank Updates
They were giving a 10% discount on their website after the show aired. Great marketing effort to acquire the shark tank viewers.
Now looking at the investors, all the sharks they got were great additions to their team as well. Nuutjob had only 100-200 orders per month before the show, but the company has great potential since this market will grow every year.
They also have a unique name which is amazing for virality.
By the way, other businesses pitched in this episode were MeatYour and EventBeep.
Now, let’s look at the official company pitch: “Simple, natural, Men’s grooming products for man parts. As part of our brand mission, we aim to educate and entertain while spreading a very important message about male hygiene. We create no-nonsense products without any harmful ingredients, senseless rigmarole or needless middlemen. We’ve engineered, tested and re-engineered products that work as hard as you do, specifically designed for male skin. And we make them simple to use.”
Takeaways
So now you know about the Nuutjob pitch on Shark Tank India and their founders Maloo sisters Ananya and Anushree. This was one of the most unique products ever in the history of Shark Tank. So, definitely looking forward to how they will grow!
I am Ranish Chauhan a.k.a. Fulmino Fan, and I am also a fan of Shark tank.