Ubreathe is an air purifier company using Breathing Roots Technology, enhancing plant purification capabilities by 100X, targeting air pollution
The company offers three product variants: Ubreathe Mini, Light, and Wall, which need no filter replacement for 2-3 months
Founded in 2018, Ubreathe earned ₹2.5 Lakhs in FY18-19, with revenues reaching ₹47 Lakhs in FY21-22 and projecting ₹50 Lakhs for FY22-23
The founders sought ₹1.5 Crores for 7.5% equity during their Shark Tank pitch, aiming for a company valuation of ₹20 Crores
After their Shark Tank deal with Namita, the agreement fell through due to lack of timelines for committing and updating the process
Despite setbacks, Ubreathe remains operational as of January 2024 and launched a new variant, Ubreathe Mini Light, available for pre-order
The company is looking to close a Pre-series A round of funding by the end of 2023, with investment backed by IIT Ropar
The founders have invested ₹45 Lakhs of their own money into the company, highlighting their commitment to its success