India, Feb. 23 -- Jewellery brand Palmonas, which is also backed by actress Shraddha Kapoor, made an appearance on the reality television show Shark Tank India Season 4 recently, securing a funding of Rs.1.26 crore from sharks Namita Thapar, the executive director of Emcure Pharmaceuticals, and Ritesh Agarwal, the founder of OYO.

The following are some facts about Palmonas and its appearance on Shark Tank.

Pallavi Mohadikar and Amol Patwari are the founders of the brand, while Shraddha owns a 21% stake in it. The actress' investment into the brand and being appointed as its co-founder happened after the founders came to know that she was in fact, a loyal customer and reached out to her.

The brand focuses on demi-fine jewellery. Demi-fi...