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Med Tech Shark Tank India Season 1

by IndiaSuccessStories
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Med Tech Shark Tank India Season 1 Got No Deal from the sharks.

Med Tech Shark Tank India Season 1

Pitch no 106 with company details

Med Tech

C3 Med Tech is a problem-solving brand that creates portable and cheap ophthalmic screening devices. This technology allows one to get eye screening done on his smartphone without having to visit a doctor.

Founder of Med Tech

Alisha Nagarsheth is a popular entrepreneur who was born in Delhi, India. Alisha is the founder of the Portable Opthalmic Device Company ‘Med Tech’.

Med Tech Funding Round

Company Name

Med Tech

Shark Tank India Season

1

Episode No

32

Season No

1

Brand

Med Tech

Idea

Portable ophthalmic devices

Original Ask

35 lakhs for 6% Equity

Deal

No Deal

Invested By:

——

At the heart of Med Tech's pitch was a commitment to addressing the global need for accessible and efficient eye care solutions. Their portable ophthalmic devices leveraged cutting-edge technology to deliver accurate and reliable diagnoses, enabling early detection and intervention for eye-related conditions. Med Tech aimed to bridge the gap in eye care accessibility, particularly in underserved communities and remote regions, by providing healthcare professionals with the tools they need to deliver quality care anywhere, anytime.

The Pitch:

Med Tech entered the tank with an ambitious proposition: to revolutionize eye care by developing portable ophthalmic devices. Their innovative devices offered advanced diagnostic capabilities in a compact and accessible format, empowering healthcare professionals to conduct eye examinations in diverse settings. With an original ask of 35 lakhs for 6% equity, Med Tech sought to attract investors who shared their vision for improving eye health outcomes through technology.

The Deal:

Despite their innovative pitch and impactful mission, Med Tech left the tank without a deal. While the Sharks recognized the potential impact of their portable ophthalmic devices, they may have had concerns about market penetration, regulatory compliance, or the competitive landscape. However, the experience served as a valuable learning opportunity for Med Tech, providing them with insights and feedback to refine their products and strategy in the dynamic healthcare technology market.

Conclusion:

The journey of Med Tech on Shark Tank India Season 1, Episode 32, underscores the challenges and opportunities of entrepreneurship in the healthcare technology sector. While the brand may not have secured a deal in the tank, their dedication to improving eye care accessibility through innovation is commendable. With valuable lessons learned from their experience on the show, Med Tech is poised to continue driving positive change in the field of ophthalmic care and making a meaningful difference in the lives of patients around the world.

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