Portl focusing on an AI-powered fitness device 'Portal'.

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Founders include Vishal Chandapeta, Armaan Khandari, and Indraneel Gupta; Indraneel leads as CEO, Armaan as COO, Vishal as CTO

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Company operates 50 Portl studios, with 5000 confirmed orders worth ₹150 crores in 3 years, aiming to democratize fitness

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Seeking ₹1.5 crores for 1% equity, Portl offers a life-sized interactive fitness screen with features like health vitals measurement

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Products available online and at Experience Centre, targeting the Middle East region for expansion, priced at ₹1.25 lakh

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Gross margin at 45% D2C, 30% through distributors, projecting ₹50 crores revenue with a burn rate of ₹3 crores

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Secured ₹7.5 Crore investment at a ₹30 Crore valuation in June 2021, with founders maintaining 64% equity post-dilution

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Shark Tank negotiations resulted in a deal with the founders accepting ₹1.5 Crores for 2.5% of the company, rejecting debt inclusion

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