Utilizing the power of artificial intelligence (AI) and augmented reality (AR), 'Orbo' aims to revolutionize the cosmetics industry, securing a significant deal worth one crore rupees with Vineeta Singh in the latest episode of 'Shark Tank India' season 3.
In today's digital age, technology has seamlessly integrated into various aspects of our lives, making beauty brands and services more accessible than ever before. With Beauty AI, driven by AI and AR, consumers can now experience real-time virtual try-ons from the comfort of their homes, transforming the traditional shopping experience.
Orbo offers a wide range of innovative solutions that redefine customer engagement and experience. Co-founders Manoj Shinde, Danish Jamil, and Abhit Sinha presented their vision on the Shark Tank India 3 stage, seeking the expertise of the Sharks to revolutionize the shopping experience for both brands and consumers.
Their proposal requested one crore rupees for 0.75% equity.
Established in 2019, Orbo emerged as a pioneer in personalized experiences and seamless integration within the cosmetics industry. With offerings such as makeup try-ons, deep skin analysis, virtual hairstyle embedding, hair color augmentation, and foundation shade finder, the brand epitomizes innovation in every aspect.
Orbo's flagship technologies, Beauty GPT and Smart Beauty Mirror, further reinforce their dedication to providing immersive beauty consultations, tailored to meet the ever-changing needs of today's consumers.
Interestingly, Shark Vineeta Singh, co-founder and CEO of Sugar Cosmetics, had previously explored Orbo's technology for potential integration into her platform. Orbo AI successfully clinched the deal with Vineeta Singh, securing a one crore rupees investment in exchange for one percent equity.
Reflecting on their journey, CEO and founder Manoj Shinde expressed, "Shark Tank India 3 was more than just an episode for us at Orbo AI; it was a springboard. Beyond securing investment, it sparked a global conversation about the empowering potential of AI in unlocking individual beauty."
"We are overwhelmed by the love and support received from around the world, underscoring the show's remarkable reach and ability to resonate with audiences," he added.
'Shark Tank India 3' is available for streaming on Sony LIV.
Read also |India-UAE Collaboration: UPI RuPay Card Launched in Abu Dhabi by PM Modi and President Sheikh Mohamed bin Zayed Al Nahyan
Read also |Bihar Government Unveils Rs 2.79 Lakh Cr Budget with 'Highest' Growth Rate in Country Surpassing 10%
