Shark Tank India 3: Vineeta Singh Signs $1 Cr Agreement with Orbo Group
Shark Tank India 3
Shark Tank India 3: In the most recent installment of “Shark Tank India,” “Orbo,” a company that uses artificial intelligence (AI) and augmented reality (AR) to revolutionize the cosmetics business, has inked a Rs. 1 crore agreement with Vineeta Singh.
In the most recent episode of “Shark Tank India,” season 3, “Orbo,” a company that aims to revolutionize the cosmetics market, has closed a one-crore rupee agreement with Vineeta Singh by utilizing augmented reality (AR) and artificial intelligence (AI).
In a time when technology permeates every part of our life, beauty brands, goods, and services are now easily available to everyone. Customers can now enjoy real-time virtual try-ons without ever leaving their homes thanks to Beauty AI, which is powered by AI and AR.\
Orbo provides a wide range of cutting-edge technologies that transform client interaction and experience.
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Manoj Shinde, Danish Jamil, Abhit Sinha, and Team Orbo entered Shark Tank India 3 in search of the Sharks’ knowledge in order to transform the way that both consumers and brands shop.
Shark Tank India 3: They asked sharks for Rs one crore for 0.75 per cent equity.
Orbo was established in 2019 and quickly became apparent as the solution for customized experiences and smooth integration in the cosmetics sector.
The firm is known for its innovative services, which include makeup try-ons, deep skin analyses, implanted hairstyles, hair color augmentation, and foundation shade finders.
Orbo’s dedication to offering immersive beauty consultations is further reinforced by its key technologies, Beauty GPT and Smart Beauty Mirror, which come with a plethora of features designed to cater to the changing demands of modern-day consumers.
Shark Tank India 3: It’s interesting to note that Manoj had previously met with Shark Vineeta Singh, co-founder and CEO of Sugar Cosmetics, to assess Orbo’s technology for possible integration into her website and application.
With Vineeta, Orbo AI finalized the agreement for Rs one crore in exchange for 1% equity.
Orbo’s CEO and creator, Manoj Shinde, discussed their experience by saying, “For us at Orbo AI, Shark Tank India 3 wasn’t just an episode; it was a launchpad.” More than just attracting funding, it started a worldwide dialogue on how AI can enable people to recognize their own special beauty.
“We’re humbled by the love and support that we’ve received from contacts all over the world; it’s a testament to the show’s amazing reach and audience connection,” he continued.
