India’s healthtech market is rapidly expanding, with a valuation expected to reach $25 billion by 2025. According to a report by LoEstro Advisors, this growth is due to the increasing sophistication of internet connectivity, the surge in demand for accessible healthcare, and the prevalence of chronic diseases.
What’s interesting is that in addition to healthcare giants, startups are also at the forefront of this transformation. Shows like Shark Tank India have become an important platform for these startups, offering them a chance to secure crucial funding.
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Take a look at the health tech startups that benefited from Shark Tank India
Medulance for emergency treatment
Co-founded by Ravjot Singh Arora and Pranav Bajaj, Medulance has made great strides in emergency medical services. Appearing on Shark Tank India Season 2, he received a 5% stake from investors Namita Thapar, Executive Director of Emcure Pharmaceuticals, Amangupta, Co-Founder and Chief Marketing Officer of Boat Lifestyle, and Payush Bansal. His Rs 5,000-crore deal was done. , Founder and CEO of Lenskart. This investment allowed Medulance to expand its business and improve its technology. Currently, we have over 10,000 ambulances nationwide.
What’s Up Wellness: For nutritional supplements
Concept: Targeting a young audience looking for a convenient and fun way to improve their health, What’s Up Wellness offered innovative gummy vitamins that address everyday health needs such as sleep, beauty and stress management.
DigiQure: For rural healthcare
Keto India: For personalized health
Keto India showcased its approach to personalized healthcare on Shark Tank India Season 1, focusing on meal plans tailored to chronic diseases such as diabetes, PCOS, and obesity. Even though they turned down the investment proposal, their presence on the show created a stir.
