Private Equity Angel Investments
Android-laptop maker PrimeOS raises Rs.75-L from Shark Tank investors
Delhi-headquartered Prime OS, which makes an android laptop brand aimed at students called Primebook 4G, has attracted INR 75 lakh on the business reality television series Shark Tank India Season - 2. Peeyush Bansal and Aman Gupta invested in the company for a 3% equity, at an enterprise value of INR 25 crore. The firm would use the raised funds to further strengthen the brand's tech infrastructure and boost marketing.
Primebook 4G will be integrated with a 4G wireless sim connectivity and the brand's proprietary Android 11-based operating system - PrimeOS, which has been tested for compatibility with over two lakh android apps that can aid learning.