Nenu Super Woman Episode 3 review: Rachana Tripathi’s Bioras Pharma attracts Rs 1 crore-worth investment

Bioras Pharma was a true success story in the business reality show’s latest episode

Nenu Super Woman Episode 3

Nenu Super Women

Nenu Super Woman, aha’s business reality show to nurture the growth of women-led companies, is officially into its second week. Angels, a group of successful entrepreneurs comprising Deepa Dodla, Sudhakar Reddy, Dr Sindhura Narayana, Sridhar Gadhi, Rohit Chennamaneni, and Renuka Bodla, will mentor and invest in the ideas of the contestants week after week.

The show is hosted by Sreerama Chandra. While three firms - Amammaa’s, Zithara, Vapra - attracted investments to the tune of Rs 1.35 crore in the first weekend, viewers, in the third episode on Friday, witnessed the pitches of two other companies - Forward Parcel and Bioras Pharma Private Limited.

Chetana Priyanka, Forward Parcel

When Chetana shifted from India to UK after marriage, she missed the avakaya pickle the most and all her wants in home nation became her necessities in an alien nation. It ultimately gave her the impetus to start Forward Parcel, one of the first parcel forwarding services in India, that transports goods, products from India to any part of the world.

The startup, founded in 2019, also offers 30 days free storage time, handles paperwork, packaging needs and helps customers save 50% of the money they would’ve spent had they opted for other channels. While she had sought Rs 50 lakhs for 5% equity, Sudhakar Reddy,and Renuka Bodla offered to mentor the company and guide them in the journey ahead.

Rachana Tripathi, Bioras

A scientist turned entrepreneur, Rachana, a product of CCMB, Hyderabad, (and her husband, partner Shishir) have come up with bio-chemical parameter devices so they can be used for affordable testing in every corner of the country. She senses that the country could do well to spend time and money on testing over medicine and stressed the idea of ‘prevention is better than cure’.

The devices are a mix of AI and biochemistry and they’ve also tied up with a nutrition company to offer health solutions. In a round of heated negotiations, Rachana asked for an investment of Rs 1 crore for 2% equity. While Rohit Chennamaneni, Sindhura Narayana offered Rs 50 lakh for the same equity initially, they agreed upon a sum of Rs 1 crore on 50% discounted equity later.

What works?

The effort to simply business jargon for the average viewer and the liveliness of the host and the openness of the Angels in conveying their opinions, encouraging contestants.

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