Shark Tank India Season 2 has announced that Primebook, an Android notebook startup, has received funding of Rs 75 lakh. Peeyush Bansal and Aman Gupta, two judges, invested 3% of their stock in the business.

The startup presented its product; laptop for students – Primebook 4G on the show. With a current valuation of Rs 25 crore, the company said that it would utilise the raised funds to further strengthen the brand’s tech infrastructure and marketing mechanism to reach its precise audience.

In their pitch to the judges, Primebook’s founders and the team said that they aim to help students to get access to high quality laptops at affordable price. “As a team, we have put a lot of efforts into developing Primebook. Our vision is clear, we want every student in India to have access to a high-quality laptop for learning at a price point similar to that of a smartphone / tablet,” Chitranshu Mahant, co-founder, CEO, Primebook, said.

An official announcement states that the Primebook 4G will include a 4G wireless sim connectivity as well as the company's proprietary PrimeOS operating system, which is based on Android 11 and has undergone extensive testing to ensure that it is compatible with more than two lakh educational Android apps.