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Lori Greiner Invests in Flora: ‘Shark Tank’ Investor Offers $3 Million Deal to Cash-Burning Company

Flora, a plant sensor, was founded by Aabesh De and secured a contract with Lori Greiner after being featured on 'Shark Tank' Season 15.

Greiner Invests in Flora: Flora functions as a plant sensor, providing information regarding the specific requirements of each blossom in terms of moisture, temperature, and light. Aabesh De, the founder of Flora, secured a contract with Lori Greiner after pitching his concept on ‘Shark Tank’ Season 15.

Aabesh entered the tank and requested from the Sharks $300,000 in exchange for 10 percent equity. Flora is a plant-based sensor system.

Robert Herjavec declared that he has no interest in plants and, as such, has no intention of investing. Despite Mark Cuban’s similar assertion, he chose not to invest.

Although Barbara Corcoran adores the product, she is unable to invest in this company. Kevin O’Leary declared his lack of interest in plants and his refusal to engage in any negotiations.

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Source: MEAWW

Lori proposed the exchange of $300,000 for 30% equity. In response, Aabesh proposed $300,000 in exchange for 15% equity, 5% advisory shares, and a $2 royalty per unit until the entire $300,000 was paid. Lori accepted the offer due to her profound affection for the founder.

Where can Flora products be purchased?

Additionally, why did Mark Cuban invest in How to Be a Redhead? An investor in the billionaire “Shark Tank” completes a $350,000 transaction regarding Kevin O’Leary.

Flora is an online retailer of horticultural supplies. At the time of composing this text, the Flora Pod and all other Flora products are offered for sale on the organization’s official website and Amazon Prime.

As opposed to its regular price of $59.99, the Flora Pod is currently on sale for $49.99.

Source: MEAWW

Who established the Flora brand?

After graduating with Bachelor of Science degrees from Indiana University Bloomington and Esade, Aabesh commenced his professional career. Notwithstanding his ambitious aspirations for the future, he commenced his professional career as the Fundraising Director for the DECA-Munster High School Chapter.

Then, between 2013 and 2014, he changed jobs every few months for more than a year. Throughout this period, he fulfilled the following responsibilities: Treasurer of the Alpha Sigma Phi – Gamma Chi Chapter, Technology Consultant at Pinnacle School, Volunteer Lab Technician at Zelhof Genetics Lab, and Student Speaker at Indiana University Kelley School of Business.

Aabesh additionally served as a co-founder of the Global Scholars Program before securing the role of public relations project manager at IU College Luminaries. He assumed the presidency of Kelley Without Borders permanently during his initial tenure.

He subsequently completed brief internships as a business technology analyst intern at Deloitte, an account associate at Othernet, and a business analyst at Medline Industries, Inc. Aabesh held the positions of Sales Engineering Manager at Reverb.com and Customer Success Account Manager at Microsoft before joining Flora. He founded his initial company, Pegasus Media, in 2016, which is still operating profitably at present. Following that, in August 2021, he established Flora formally; the rest is history.

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How does the Flora application function?

Flora is an easily transportable plant care device that can identify more than 10,000 species and provide you with care reminders and advice to promote plant growth. Among the alerts provided by the Flora application for mobile devices are those pertaining to light, temperature, humidity, and moisture.

Simply download the Flora application, log in, and scan the plant. Flora precisely identifies the plant and provides care instructions.

This encourages you to incorporate more plants into your residence and provide them with adequate care. As of COVID-19 in 2021, the Flora App has amassed a user base of more than 300,000 individuals spanning 190 countries.

Source: MEAWW

Season 15 of “Shark Tank” airs on ABC on Fridays at 8:00 pm ET.

Those who missed the episode will have the opportunity to watch it the following day on demand or through Hulu. In addition, previous seasons and episodes are accessible via iTunes and Amazon Prime Video.

Eduvast Desk

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