Sunfox Technologies Shark Tank India Season 1
Sunfox Technologies
With the goal of fostering innovation and security to assist combat the detrimental effects of industrialization and modernization on health, Sunfox Technologies was established in 2016 as a research and development facility.
Founder of Sunfox Technologies
Sunfox Technologies’ founder and managing director is Rajat Jain.
Sunfox Technologies Funding Round
Company Name | Sunfox Technologies |
Shark Tank India Season | 1 |
Episode No | 25 |
Season No | 1 |
Brand | Sunfox Technologies |
Idea | Portable ECG Device |
Original Ask | 1 crore 2% Equity |
Deal | 1 crore 6% Equity |
Invested By: | Namita Thapar, Anupam Mittal, Vineeta Singh, Peyush Bansal and Ghazal Alagh |
At the core of Sunfox Technologies' pitch was a commitment to leveraging technology to address a pressing healthcare need and improve patient outcomes. Their portable ECG device was designed to provide accurate and reliable heart health monitoring, giving users peace of mind and enabling healthcare professionals to make more informed decisions. With its user-friendly interface and seamless integration with smartphones, Sunfox Technologies' device made heart health monitoring accessible to a wider audience, including individuals in remote and underserved communities.
The Pitch:
Sunfox Technologies presented their revolutionary portable ECG device, which promised to revolutionize the way individuals monitor their heart health. With heart disease being a leading cause of mortality worldwide, the importance of early detection and monitoring cannot be overstated. Sunfox Technologies' device offered a simple and convenient solution, allowing users to perform ECG tests anytime, anywhere, without the need for bulky and expensive equipment.
The Deal:
Recognizing the immense potential of Sunfox Technologies' portable ECG device, a consortium of Sharks led by Namita Thapar, Anupam Mittal, Vineeta Singh, Peyush Bansal, and Ghazal Alagh came together to make a game-changing investment offer. They agreed to invest 1 crore in exchange for a 6% equity stake in Sunfox Technologies, providing the company with the capital and expertise needed to accelerate its growth and bring its innovative product to market. With their combined experience and resources, the Sharks were confident in Sunfox Technologies' ability to disrupt the healthcare industry and improve outcomes for patients worldwide.
Investors Behind Sunfox Technologies
Namita Thapar, Anupam Mittal, Vineeta Singh, Peyush Bansal and Ghazal Alagh: With the support of their investor consortium, Sunfox Technologies was well-positioned to bring their portable ECG device to market and make a significant impact on global public health. The infusion of capital would enable Sunfox Technologies to ramp up production, conduct clinical trials, and launch an aggressive marketing campaign to raise awareness about the importance of heart health monitoring. With its innovative technology and passionate team, Sunfox Technologies was poised to become a leader in the burgeoning digital health space, paving the way for a future where proactive heart health monitoring is accessible to all.
Conclusion:
Sunfox Technologies' success on Shark Tank India Season 1 is a testament to the power of innovation and entrepreneurship in driving positive change in the healthcare industry. By developing a portable ECG device that empowers individuals to take control of their heart health, Sunfox Technologies is not only saving lives but also revolutionizing the way we approach preventive healthcare. With the backing of their investor consortium, Sunfox Technologies is poised to disrupt the healthcare landscape and usher in a new era of personalized and proactive health monitoring for all.