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Cosmo Seals Rs 1 Crore Deal on Shark Tank India With Anupam Mittal, Kanika Tekriwal and Kunal Bahl

The founders prioritized investor fit with their gated‑community subscription approach.

Overview

  • Cosmo closed a funding deal of Rs 1 crore for 9% equity after a heated bidding contest on Shark Tank India Season 5.
  • The founders initially sought Rs 1 crore for 4% equity, implying a Rs 25 crore valuation.
  • Competing offers arrived from all five Sharks, with Aman Gupta and Mohit Jain rejected on stage and Aman responding with a playful “Tu Gurgaon mein ghus ke dikha” remark.
  • Operating in Ludhiana and Hyderabad, the app sells RWA subscriptions priced at Rs 99–299 per family for bundled emergency response, consultations, lab tests and medicine delivery.
  • Addressing rivals like BlinkIt, the team emphasized an all‑in‑one service and said revenue comes from pharmacy and pathology partnerships rather than hospital commissions.