Corel Lifecare is an aquaculture biotechnology company that pitched on Shark Tank India Season 5 Episode 7, presenting bio-based solutions designed to improve fish and shrimp farming productivity.
The founders positioned the startup as a science-driven solution addressing efficiency, sustainability, and health challenges within India’s expanding aquaculture industry.
Investment Details
| Company | Corel Lifecare |
| Founders | Nikhilesh Hajare, Abhijeet Naohate & Rohit Patel |
| Website | Visit |
| Season | Shark Tank India Season 5 |
| Original Ask | ₹1.2 crore for 2% equity @ Valuation ₹60 Crore |
| Investment Secured | Yes |
| Deal | ₹1.2 crore for 8% equity @ Valuation ₹15 Crore |
| Investor | Anupam Mittal & Kunal Bahl |
Corel Lifecare Shark Tank India Pitch
The Sharks evaluated scalability, adoption barriers, and valuation expectations before negotiating investment terms.
During the pitch, the founders explained their biotechnology solutions and demonstrated how they can improve aquaculture outcomes. They highlighted industry demand and the growing global focus on sustainable seafood production.
Sharks Feedback & Key Highlights
The Sharks appreciated the strong technical foundation and industry relevance of the business. They recognized aquaculture as a growing sector with significant potential.
However, valuation expectations were adjusted during negotiations before finalizing the deal.
What Made Corel Lifecare Investable?
- Clear B2B market need
- Science-backed product differentiation
- Growing aquaculture industry demand
FAQs
Nikhilesh Hajare, Abhijeet Naohate & Rohit Patel are the cofounders of Corel Lifecare.
Yes, the startup secured ₹1.2 crore for 8% equity at valuation ₹15 crore.
It develops biotechnology solutions for fish and shrimp farming.
Season 5 Episode 7 of Shark Tank India.
