UR Terms Intelligent Apparel Shark Tank India The business pitcher pitching the business has put up an investment ask for itself on the Shark Tank India stage with never-seen-before product descriptions like 7 Days No Smell Socks and 30 Days No Wash Denim.
In this business episode, Shark Azhar Iqbal (Shark Azhar IqbalSeeing ) making Shark Tank Investment Offer for the first time ever, there is enthusiasm and inspiration for all the youth.
Contents
- 1 Ur Terms Intelligent Apparel Business Vision
- 2 Ur Terms Intelligent Apparel Founder
- 3 About Ur Terms Intelligent Apparel Shark Tank India Business
- 4 Shark Judges' Investment Guidance on Ur Terms Intelligent Apparel
- 5 Ur Terms Intelligent Apparel Business Statistics
- 6 Ur Terms Sales
- 7 Ur Terms Shark Tank India Deal
- 8 Conclusion
Ur Terms Intelligent Apparel Business Vision
Ur Terms Intelligent Apparel Business Vision is to introduce Sustainable Product Range in Garments and Apparel Industry through Technology and Innovation.
Ur Terms Intelligent Apparel Founder
Surender Singh Rajpurohit
About Ur Terms Intelligent Apparel Shark Tank India Business
Ur Terms Intelligent Apparel The meaning of the unique name Shark Tank India Business has been explained by Turms Founder Surender Singh Rajpurohit on his website. Turms means God of Trade & Commerce in Greek.
Formed in 2016, TURMS is India's first technology driven Intelligent fashion brand. He has presented many solutions based on the idea of Where Fashion Meets Technology to provide award-winning solutions in the Clothing & Apparels Industry with Innovation.
On the stage for Ur Turms Intelligent Apparel Business Pitch they have presented Fearless White Cotton Shirt VS Ordinary White Shirt and Turms White Shirt.
In the Turms Business Demo, Founder Surender Singh Rajpurohit described Anti Stain Intelligent Cotton T shirt as spilling liquid and not a single drop falls on the cloth. The product is designed for Anti Odor and Sustainability along with Anti Stain in Turms Product.
Shark Judges' Investment Guidance on Ur Terms Intelligent Apparel
Shark Anupam Mittal by the name of Ur Turms Intelligent Apparel seems completely new to him, he says that – “I have heard about technology in making clothes, but there is technology in clothes”, all the Shark Judges laugh when he tells this. The promo video regarding Ur Turms Intelligent Apparel seems to have a hidden secret for the business.
Shark Peyush Bansal tells about Ur Terms Shark Tank Business Episode that “I was also trapped like this” and Shark Anupam Mittal says that “I got trapped after listening to technology”.
Shark Peyush Bansal also tells that he has been duped in the name of technology in such Clothing and Apparel.
He says – “He has stolen my money, let him come today…he has not given the money till date”. But when Shark Aman Gupta sees that in reality clothes do not get spoiled due to spilling of liquid, he too gets shocked by the exclamation of “Oh My God” from Aashraya.
New Shark Judge Azhar Iqubal, Shark Anupam Mittal, Shark Vineeta Singh, Shark Aman Gupta, and Technology Lover Shark Peyush Bansal. ) is explained on stage in the Ur Terms Business Pitch Video.
Shark Peyush Bansal faced many problems while running Ur Turms Intelligent Apparel earlier. This company was closed and the commitment of Number of Time Wash Saving was also proved to be wrong.
Ur Terms Intelligent Apparel Founder -Surender Singh Rajpurohit talks about Pandemic Business Survival. He told that he was a customer of Turms Product, then he thought of doing business on such a product, for which he bought this brand and it is also sold in many places.
Shark Vineeta Singh tells Ur Turms Intelligent Apparel Founder that with Shark Peyush's experience, everyone was ready to beat him, but he has changed the whole situation.
Shark Peyush also clarified that all these wash numbers also depend on the detergent type and use and the product life also depends a lot on customer usage.
Businesses get trapped by such claims, so they should present it with better or enhanced life without wash. Shark Peyush also praised Turms Founder Surender for having good intelligence and the Founder told that he is actually from Rajasthan.
Shark Peyush, like Founder, considered this product good, just added some suggestions for its operation and presentation.
Aman Gupta (Shark Aman Gupta) told Turms Founder Surender that he not only thought of the business idea, but also executed the business very well.
New Shark Judge Azhar Iqubal also asked him many statistics and answered questions and tried to understand his business. The shark judges are so impressed by Turms Business' conversation which started from a very negative perspective that they then praise him.
Looking at the Turms Product Range, Shark Anupam Mittal says that their design is dull and should be worked on. Business Pitcher also points out that many people over the age of 35 stick to the same type of clothes. And they want to present the Standard Business Product Range at the moment.
Ur Terms Intelligent Apparel Business Statistics
- In 2022, he bought Turms Brand at a valuation of ₹15 crore and made an acquisition deal for 12.5% equity in the new company along with about ₹1.5 crore in cash. But it was clarified that he had bought only the brand and not the business.
- Turms Product Price is 50% more than the market, in which it also offers unique features. So far 4 lakh Ur Terms products have been sold.
Ur Terms Sales
- Oct 2022 – ₹3 lakh
- FY 2022 – 23 sales – ₹57 lakh
- Oct 2023 – ₹86 Lakh (Profit – ₹9.72 Lakh)
- FY 2023 – 24 Projected sales – ₹10 to ₹12 lakh (FY 2023 – 24 Projected Profit- ₹70 to ₹80 lakh)
Ur Terms Shark Tank India Deal
Ur Terms Intelligent Apparel Business Final Deal – ₹1.2 Crore for 4% Equity
| Ur Terms Intelligent Apparel Shark Tank India Episode Number | Shark Tank India Season 3, Episode 4 |
| Ur Terms Intelligent Apparel Shark Tank India Episode Air Date | 25 January 2023 |
| Ur Terms Intelligent Apparel Founder's Name | Surender Singh Rajpurohit |
| Ur Terms Intelligent Apparel Ask in Shark Tank India | ₹1.2 Crores For 2% Equity |
| Ur Terms Intelligent Apparel Deal in Shark Tank India | ₹1.2 Crores For 4% Equity |
| Ur Terms Intelligent Apparel Investors From Shark Tank India | Azhar Iqbal |
| Ur Terms Intelligent Apparel Official Website | Ur Terms Intelligent Apparel |
| Ur Terms Intelligent Apparel Review | Ur Terms Intelligent Apparel Review |
| Ur Terms Intelligent Apparel Company Valuation | ₹30 Crores |
Conclusion
UR Terms Intelligent Apparel Shark Tank India Business Pitch After seeing this, do you think that everyone will buy this type of Clothing and Apparel Product? And till now we have not used this Ur Terms Intelligent Apparel Product before Shark Tank India nor have we seen it on a large scale.
Perhaps some people may have experienced it before like Shark Peyush Bansal and for some special needs, people can use it at a premium price. After the entire conversation, do comment on both the viewpoints regarding business investment. We will keep talking like this in simple language to understand the business pitch.