The journey of Smotect began with a personal tragedy that shook Gurseet’s life to its core. His close friend, Nikhil, fell victim to lung cancer caused by smoking. Witnessing the devastating effects of smoking firsthand, Gurseet embarked on a mission to quit smoking himself and eventually developed Smotect – a revolutionary solution aimed at helping others quit this harmful habit.
The Genesis:
Reflecting back to the year 2000 in Bombay, Gurseet reminisces about his deep friendship with Nikhil, forged over shared cigarette breaks. However, Nikhil’s untimely demise due to smoking-related illness served as a wake-up call for Gurseet. Determined to break free from the shackles of addiction, he delved into extensive research on smoking cessation methods.
The Birth of Smotect :
Driven by a desire to prevent others from enduring the same fate as Nikhil, Gurseet conceptualized Smotect – the world’s first 100% natural and nicotine-free tablets designed to aid in smoking cessation. Developed in collaboration with Ayurvedic doctors, medical researchers, and scientists worldwide, these tablets not only help individuals quit smoking but also alleviate the side effects and repair the damage caused by smoking.
A Movement, Not Just a Business:
Gurseet emphasizes that Smotect is more than just a business venture; it’s a movement aimed at saving lives and families from the clutches of smoking addiction. With a proud track record of assisting 20,000 individuals in quitting smoking, Smotect stands as a beacon of hope for those struggling to break free from the cycle of addiction.
Challenges and Triumphs:
Navigating the complexities of addiction, Gurseet sheds light on the psychological and biological barriers that make quitting smoking a formidable task. Despite facing numerous setbacks, Gurseet’s unwavering dedication to his mission propelled Smotect forward, with a steadfast commitment to helping smokers reclaim their health and vitality.
Market Dynamics and Expansion Plans:
Addressing concerns regarding market positioning and target demographics, Gurseet outlines Smotect focus on the smoking cessation market while hinting at future expansion into broader wellness categories. By prioritizing smokers’ needs and providing holistic support, Smotect aims to carve a niche in the global healthcare landscape.
Transparency and Accountability:
Acknowledging the importance of accountability, Gurseet addresses queries regarding Smotect efficacy and customer success rates. With a commitment to transparency, Smotect diligently tracks customer outcomes and continuously refines its approach to ensure maximum effectiveness in smoking cessation.
Partnerships and Growth Strategy:
In a pivotal moment, Gurseet negotiates a strategic partnership with investor Anupam, solidifying Smotect path to growth and scalability. Through a shared vision and mutual commitment, Gurseet and Anupam set out to expand Smotect reach and impact, empowering more individuals to embark on the journey to a smoke-free life.
Offer’s Given By Sharks:-
Original Ask 1 crore for 1% equity
Anupam’s Conditional Offer: 50 Lakhs for 5 % equity and 50 lakhs for debt at 15 % interest for 3 years valuation 10 crores
Gurseet’s counter Offer : 50 Lakhs for 2% equity and 50 lakhs for debt at 15 % interest for 3 years valuation 10 crores valuation 25 crores
Finally Deal closed with Anupam conditional Offer :50 Lakhs for 5 % equity and 50 lakhs for debt at 15 % interest for 3 years valuation 10 crores
Conclusion:
As the conversation concludes, Gurseet reflects on the profound impact of Smotect mission and envisions a future where smoking cessation is not just a possibility but a reality for millions worldwide. With determination, innovation, and unwavering resolve, Smotect continues to pave the way towards a healthier, smoke-free future for generations to come.
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