AyuSynk Shark Tank India Season 2
AyuSynk
Ayusynk is a medical technology startup that is transforming the way physicians utilize stethoscopes to detect inside body noises. The Indian Institute of Technology, Bombay, serves as the company’s incubator.
Founder of AyuSynk
Three people hold significant stakes in the company: Varad Patil, the head of software and analytics; Tapas Pandey, the head of hardware; and Adarsh Kachappilly, the CEO.
AyuSynk Funding Round
Company Name | AyuSynk |
Shark Tank India Season | 2 |
Episode No | 7 |
Season No | 2 |
Brand | AyuSynk |
Idea | Medical Devices |
Original Ask | 1 Crore for 1.5% Equity |
Deal | 50 Lakhs for 3.5% Equity and ₹ 50 Lakhs Debt @10% Interest |
Invested By: | Namita Thapar |
At the core of AyuSynk's pitch was a commitment to harnessing the power of technology to enhance patient care and clinical outcomes. Their portfolio of medical devices was designed to empower healthcare professionals with real-time data insights, enabling more accurate diagnoses, personalized treatment plans, and proactive intervention strategies. By combining state-of-the-art sensors, artificial intelligence, and cloud-based analytics, AyuSynk aimed to revolutionize healthcare delivery and improve the lives of patients worldwide.
The Pitch:
AyuSynk entered the tank with a mission to transform the healthcare landscape by leveraging cutting-edge technology to develop innovative medical devices. Their pitch centered around addressing critical gaps in patient care and improving outcomes through the integration of advanced monitoring and diagnostic solutions. With an original ask of 1 Crore for 1.5% equity, AyuSynk sought investment to accelerate product development, expand their market reach, and drive widespread adoption of their groundbreaking technologies.
The Deal:
AyuSynk's visionary pitch resonated deeply with Namita Thapar, who recognized the transformative potential of their innovative medical devices. Impressed by their technological prowess and commitment to advancing healthcare, Namita Thapar offered a strategic deal of 50 Lakhs for 3.5% equity, along with 50 Lakhs debt at 10% interest. This partnership provided AyuSynk with the capital and resources needed to accelerate product development, scale their operations, and drive market penetration, positioning them for sustained growth and impact in the dynamic healthcare industry.
Investors Behind AyuSynk
Namita Thapar: With the backing of Namita Thapar, AyuSynk embarked on a mission to revolutionize healthcare delivery and improve patient outcomes through their innovative medical devices. The infusion of capital enabled them to expedite product development, conduct clinical trials, and secure regulatory approvals, paving the way for commercialization and market entry. Armed with the support of an experienced investor, AyuSynk remained committed to their vision of leveraging technology to transform healthcare and make a meaningful difference in the lives of patients and healthcare providers alike.
Conclusion:
AyuSynk's appearance on Shark Tank India Season 2, Episode 7 underscored the transformative potential of innovative medical devices in revolutionizing healthcare delivery. Their successful pitch and strategic partnership with Namita Thapar positioned them for growth and impact, driving forward their mission of advancing patient care through technology-driven solutions. As they continued to innovate and disrupt the healthcare industry, AyuSynk remained steadfast in their commitment to improving outcomes, enhancing efficiency, and empowering healthcare professionals to deliver superior care to patients around the world.