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Pune-based healthtech startup FlexifyMe secures Rs 1Cr investment on Shark Tank India

IndianStartupNews

IndianStartupNews · 1y ago

Pune-based healthtech startup FlexifyMe secures Rs 1Cr investment on Shark Tank India

FlexifyME is a Pune-based startup that provides a chronic pain management platform, combining physiotherapy, yoga, and artificial intelligence (AI). The platform uses AI-driven self-assessment to create personalized exercise plans, delivered by yoga therapists, physiotherapists, and AI guides. With over 50,000 customers in its first year, FlexifyME aims to make chronic pain management accessible globally. The startup offers a subscription model that includes live sessions with a physiotherapist and a customized treatment plan. FlexifyME recently appeared on Shark Tank India, securing a deal with investor Namita.

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Healthtech startup FlexifyMe raises $1M led by Flipkart Ventures, others

IndianStartupNews

IndianStartupNews · 1y ago

Healthtech startup FlexifyMe raises $1M led by Flipkart Ventures, others

Pune-based healthtech startup, FlexifyMe, has raised $1 million in a seed funding round led by Flipkart Ventures. The funds will be used to enhance their AI motion coach, expand their platform's reach in the MENA and North American regions, and make it available in local languages. FlexifyMe utilizes AI, ML, and data analytics to offer personalized chronic pain management solutions, aiming to transform traditional physiotherapy approaches. The investment is part of Flipkart's Leap Ahead program, which supports and accelerates startups in India. The Indian healthtech market is expected to reach $25 billion by 2025.

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

IndianStartupNews

IndianStartupNews · 1y ago

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

WithOut, a startup founded by Anish Malpani, presented its solution for converting multi-layer plastic (MLP) waste into recyclable sunglasses on Shark Tank India Season 3. The company aims to address the plastic waste crisis while providing a sustainable livelihood for waste pickers. WithOut's goal is to recycle 20,000 tons of plastic waste daily by 2030. During their pitch on the show, they received an investment deal from Ronnie Screwvala and Peyush Bansal for Rs 75 lakhs, valuing the company at Rs 25 crore.

Chronic pain management platform FlexifyMe raises Rs 10Cr led by IvyCap Ventures, Flipkart Ventures

IndianStartupNews

IndianStartupNews · 1y ago

Chronic pain management platform FlexifyMe raises Rs 10Cr led by IvyCap Ventures, Flipkart Ventures

Pune-based chronic pain management platform FlexifyMe has raised Rs 10 crore in a seed funding round co-led by IvyCap Ventures and Flipkart Ventures. The startup aims to revolutionize chronic pain management by integrating advanced technology with progressive exercises and plans to aid one million individuals in finding relief from chronic pain by 2027. The funding will be used to enhance their platform and incorporate cutting-edge technology. FlexifyMe also aims to assist corporates in understanding ergonomic challenges and improving employee productivity.

Deepinder Goyal leaves Shark Tank as Swiggy becomes sponsor

Entrackr

Entrackr · 10m ago

Deepinder Goyal leaves Shark Tank as Swiggy becomes sponsor

In a significant shift within the Indian startup landscape, Zomato’s CEO, Deepinder Goyal, announced on Saturday that he will not be returning as a judge for the upcoming fourth season of the popular reality show Shark Tank India. His decision marks a departure from his previous involvement in mentoring aspiring entrepreneurs on the show. This decision comes amid reports that Swiggy, Zomato’s main competitor in the food delivery space, will be sponsoring the new season of Shark Tank India. An ET report suggests that Goyal’s departure is linked to a strategic agreement that allows Swiggy, Zomato’s primary competitor in the food delivery market, to sponsor the upcoming season of Shark Tank India. A MoneyControl report added that Swiggy may spend Rs 25 crore to sponsor the new season. “I unfortunately can’t go back because Swiggy sponsored Shark Tank this time and kicked me out,” Goyal said at ET Startup Awards 2024 on Saturday. Goyal’s exit signifies a major change for the show, which has built a substantial following since he became a judge in season 3 last year. Queries sent to Zomato, Swiggy and Shark Tank did not elicit an immediate response. This development coincides with Swiggy’s impending debut on the stock exchange. In its recently filed draft red herring prospectus, Swiggy outlined that it plans to invest approximately Rs 930 crore in brand marketing and awareness. In other news, Swiggy launched a 10-minute food delivery service called Bolt in key locations across Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune. The Bengaluru-based firm also officially launched its Swiggy XL EV fleet, a bulk order delivery service using electric vehicles, in Gurugram. Notably, Zomato had already launched its bulk delivery service earlier in April.

Sportstech startup Push Sports secures investment deal from Vineeta Singh, Peyush Bansal on Shark Tank India

IndianStartupNews

IndianStartupNews · 1y ago

Sportstech startup Push Sports secures investment deal from Vineeta Singh, Peyush Bansal on Shark Tank India

Delhi-based sports tech startup, Push Sports, has secured a Rs 80 lakh deal on Shark Tank India. Led by Peyush Bansal and Vineeta Singh, the funding will be used to expand the team and delve into new cities. Push Sports aims to deliver structured sports education through trained coaches, offering gamified assessment tools to encourage physical activity and holistic development in children. So far, it has impacted over 6,000 children across 15 locations in India and plans to reach 25,000+ schools/kids in the next two years.

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Livemint

Livemint · 1y ago

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, has joined the judge's panel for the third season of "Shark Tank India." Radhika Gupta, along with other new "Sharks" including Zomato CEO Deepinder Goyal and Inshorts CEO Azhar Iqubal, will evaluate pitches from entrepreneurs seeking investment. "Shark Tank India" is the Indian adaptation of the American show "Shark Tank," where entrepreneurs pitch their business ideas to a panel of investors who decide whether to invest in their ventures. The third season will be streamed on the OTT platform Sony Liv.

'Wish you a lot of struggle': Anupam Mittal tells pitcher on Shark Tank India

Business Today

Business Today · 5m ago

'Wish you a lot of struggle': Anupam Mittal tells pitcher on Shark Tank India

Glow Glossary, specializing in matcha-based products, pitched on Shark Tank India seeking Rs 60 lakh for 4% equity but left without investment. Concerns included scalability and founders’ industry experience. Anupam Mittal wished them struggle for growth, while other sharks were unconvinced by financial strategies. Vineeta Singh labeled the venture “not investable,” suggesting a clearer strategy was needed. Glow Glossary aimed for Rs 1.5 crore revenue in its first year with a 45% profit margin.

Shark Tank India sends legal notice to pitchers; Here's why

IndianStartupNews

IndianStartupNews · 1y ago

Shark Tank India sends legal notice to pitchers; Here's why

In a recent post on LinkedIn, Dorje Teas co-founder Sparsh Agarwal said that they had received a legal notice from Shark Tank India for using clips from their own pitch. Agarwal also claimed that they were not the only ones who received such notices. "They've cracked down on each and every startup that appeared on Shark Tank," he asserted.

Goa startup sells yachts & villas on its app

Inshorts · 7m ago

Goa startup sells yachts & villas on its app

The first episode of Shark Tank India Season 4 showed Goa-based startup, Indulge Global, pitch its luxury concierge service to the sharks. Founded by Karan Bhangay and Advita Bihani, the startup has a unique app with luxury villas, yachts, and art forms listed on it. It caters to ultra-high-net-worth individuals.

'From ₹1 lakh to ₹1 crore': Anupam Mittal calls Sharma Ji Ka Aata investment his ‘mission,’ not just business

Business Today

Business Today · 5m ago

'From ₹1 lakh to ₹1 crore': Anupam Mittal calls Sharma Ji Ka Aata investment his ‘mission,’ not just business

Anupam Mittal, founder of Shaadi.com and Shark Tank India judge, highlighted the growth of his investment, Sharma Ji Ka Aata. Starting as a small chakki in Pune, the brand expanded into a 20,000-square-foot factory, achieving near ₹1 crore monthly revenue. Initially created by Sangeeta Sharma to solve a personal problem, her flour business grew through resilience and passion. Mittal reflects on the importance of authenticity and personal motivation in entrepreneurship, viewing this venture as both a business and a mission.

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