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The Renal Project Shark Tank India Season 1

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The Renal Project Shark Tank India Season 1 Got 1 Crore Funding in Exchange of 6% Equity by Namita Thapar and Aman Gupta.

The Renal Project Shark Tank India Season 1

Pitch no 40 with company details

The Renal Project

The goal of a Mumbai-based business was to transform the way dialysis treatment was made available to the growing number of renal sufferers. To reach the areas that require it, The Renal Project intends to open micro-centers all over India.

Founder of The Renal Project

Shashank Moddhia, the founder of The Renal Project, is a quality assurance specialist with fifteen years of international expertise in ISO 9001:2015. All activities are conducted in accordance with the rules and sections of the ISO 9001: 2015 Quality System Standard, utilizing clearly defined internal standard operating procedures. A dedicated medico-legal team has been brought on board by The Renal Project to guarantee trouble-free, efficient, and secure operations.

The Renal Project Funding Round

Company Name

The Renal Project

Shark Tank India Season

1

Episode No

14

Season No

1

Brand

The Renal Project

Idea

Yarn-Trading App

Original Ask

50 lakhs for 2% equity

Deal

1 crore at 10% equity

Invested By:

Namita Thapar and Aman Gupta

At the core of The Renal Project's pitch lay a dedication to providing renal patients with a more convenient and patient-centric treatment option. Their home dialysis treatment model would leverage advanced technology and medical expertise to deliver high-quality care in a home setting. By eliminating the need for frequent hospital visits and empowering patients to take control of their treatment, The Renal Project aimed to improve patient outcomes and enhance overall quality of life for renal patients and their families.

The Pitch:

The Renal Project entered the tank with a bold vision to make dialysis treatment more accessible and convenient for patients. Their pitch highlighted the challenges faced by individuals undergoing dialysis, including the need for frequent hospital visits and long wait times. The Renal Project aimed to address these issues by offering a home dialysis treatment solution that would allow patients to receive care in the comfort of their own homes. With a commitment to improving the quality of life for renal patients, The Renal Project sought to secure the investment needed to further develop and expand their innovative treatment model. Their initial ask of 1 crore for a 3% equity stake demonstrated their confidence in the value of their concept and its potential for impact.

The Deal:

Impressed by the potential of The Renal Project's home dialysis treatment model to revolutionize renal care, Namita Thapar and Aman Gupta saw an opportunity to invest in a venture with significant social impact. They offered the full amount of 1 crore in exchange for a 6% equity stake, effectively valuing the company at 16.67 crores. This strategic investment not only provided The Renal Project with the capital needed to expand their operations and reach more patients but also brought on board investors who shared their vision for transforming renal care.

Investors Behind The Renal Project

Namita Thapar and Aman Gupta: The Renal Project eagerly accepted Namita Thapar and Aman Gupta's offer, marking a significant milestone in their mission to improve the lives of renal patients. With the backing of strategic investors who shared their commitment to innovation and patient-centric care, The Renal Project was well-positioned to advance their home dialysis treatment model and make a positive impact on the lives of renal patients across the country.

Conclusion:

The success of The Renal Project on Shark Tank India Season 1 underscores the importance of innovation and patient-centric care in the healthcare industry. By offering a home dialysis treatment solution, The Renal Project is poised to transform the way renal patients receive care, improving accessibility, convenience, and overall quality of life. With the support of Namita Thapar and Aman Gupta, The Renal Project is well-equipped to scale their operations and make a meaningful difference in the lives of renal patients and their families.

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