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Nemocare Raksha Shark Tank India Season 3

by IndiaSuccessStories
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Nemocare Raksha Shark Tank India Season 3 Got 20 Lakhs Funding in Exchange of 0.67% Equity with 80 Lakhs in debt at 10% interest for 2 years by Aman Gupta.

Nemocare Raksha Shark Tank India Season 3

Pitch no with company details

Nemocare Raksha

The most sophisticated and all-inclusive patient monitoring and management system is being developed by NemoCare. A new company called Nemocare Wellness specializes in baby health monitoring systems. A wearables company called NemoCare wants to stop maternal and newborn deaths in underdeveloped nations.

Founder of Nemocare Raksha

Raksha Nemocare Manoj Sanker and Pratyusha Pareddy founded the company.

Nemocare Raksha Funding Round

Company Name

Nemocare Raksha

Shark Tank India Season

3

Episode No

43

Season No

3

Brand

Nemocare Raksha

Idea

Neonatal Wearable Vital Monitor

Original Ask

1 Crore for 2.5%

Deal

20 Lakhs for 0.67% Equity + 80 Lakhs Debt @ 10% for 2 years

Invested By:

Aman Gupta

At its core, Nemocare Raksha's idea represented a convergence of healthcare, technology, and infant wellness, aimed at addressing a pressing need in neonatal medicine. By harnessing the power of wearable sensors, data analytics, and cloud connectivity, Nemocare Raksha sought to empower parents, healthcare providers, and communities with the tools and insights needed to ensure the health and safety of newborns, even in the most challenging environments.

The Pitch:

Nemocare Raksha introduced a pioneering concept in neonatal care with their wearable vital monitor designed specifically for infants. Recognizing the critical importance of monitoring vital signs in newborns, especially those born prematurely or with medical complications, Nemocare Raksha developed a non-invasive, user-friendly device that allows parents and caregivers to track key health indicators in real-time. From heart rate and oxygen saturation to temperature and respiratory rate, Nemocare Raksha's wearable monitor provides peace of mind and early detection of potential health issues, ultimately saving lives and improving outcomes for vulnerable infants.

The Deal:

Nemocare Raksha's compelling pitch resonated with investor Aman Gupta, who saw immense potential in their innovative solution for neonatal monitoring. The investment deal, amounting to 20 Lakhs for 0.67% equity, coupled with 80 Lakhs debt at 10% interest for 2 years, reflected Aman Gupta's confidence in Nemocare Raksha's ability to disrupt the neonatal care market, drive adoption of their technology, and make a meaningful impact on infant health outcomes.

Investors Behind Nemocare Raksha

Aman Gupta: With the backing of Aman Gupta, Nemocare Raksha is poised to accelerate the development and deployment of their wearable vital monitor, expand their reach across healthcare facilities and communities, and forge strategic partnerships to enhance their product offering and scale their operations. By leveraging their investment to conduct clinical trials, obtain regulatory approvals, and launch targeted marketing campaigns, Nemocare Raksha can position themselves as a leader in neonatal care innovation and improve the lives of countless families around the world.

Conclusion:

Nemocare Raksha's successful pitch on Shark Tank India Season 3, Episode 43 exemplifies the transformative potential of technology in healthcare and the profound impact it can have on the most vulnerable members of society. By prioritizing infant health and leveraging cutting-edge wearable technology, Nemocare Raksha is not only revolutionizing neonatal care but also setting a new standard for innovation, compassion, and excellence in healthcare delivery.

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