News · Agriculture & Food Systems

Planyt fails to get investment on Shark Tank India

By Startup Enthusiast · 12 January 2026

What they do

Planyt makes a plant growth device using fogponics technology inspired by NASA systems

Founder Shubham Upadhyay asked ₹1.05 crore for 6.5% equity but all sharks declined

The company is pre-revenue after four years and its system costs ₹7.5 lakh per household

Planyt pitched on Shark Tank India Season 5 but failed to secure any investment.
Founder Shubham Upadhyay asked for ₹1.05 crore in exchange for 6.5% equity, valuing the company at ₹16.15 crore.
All five sharks — Anupam Mittal, Aman Gupta, Namita Thapar, Amit Jain, and Ritesh Agarwal — declined to invest.
Anupam Mittal called the product 'shaukeen' and 'Ameeron k chochle', questioning its pricing versus the mission.
Aman Gupta told the founder, 'You're a proper delulu in doing this'.
Namita Thapar, Amit Jain, and Ritesh Agarwal advised the founder to reassess the business or shut it down.
Planyt exited the show without a deal.

The company is pre-revenue after four years of operation.
It sold only 80 to 100 units at discounted prices.
The system requires 24x7 electricity and costs about ₹7.5 lakh per household.
The founder had received ₹10 lakh in government funding and earlier described himself as 'heavily funded'.

Planyt is based in Vadodara and develops a plant growth device.
The device uses patented fogponics technology inspired by NASA systems.
Fogponics is a method of growing plants with a nutrient-rich mist instead of soil.
The company has been operating since 2021 and is pre-revenue.
It sold 80 to 100 units at discounted prices.
The system requires 24x7 electricity to operate.
A household would need to spend about ₹7.5 lakh to purchase the system.