With its high-tech yet reasonably priced solutions for those with mobility problems, Indian firm Fupro is transforming the prosthetic market. Originally a college project, Nimish Mehra and Cyril Joe Baby started the business with an eye on developing creative, reasonably priced prosthetic limbs. Fupro has created twenty cutting-edge items over years, five of which are patented, and changed over 15,000 lives. One particularly remarkable success story is that of Anshul, a national-level mountaineer who lost his leg in an accident and then rediscover his love of climbing with Fupro’s prosthetic leg. Fupro keeps changing the business and enhancing lives in order to make premium prosthesis available to everybody.
Company Name: Fupro
Founder: Nimish Mehra and Cyril Joe Baby
Product: Prosthetics Company
Highlights:
1. Specialists in high-tech, reasonably priced prosthetic limbs, innovative prosthesis
2. Started as a college project by Nimish Mehra and Cyril Joe Baby, founders
3. Affected almost 15,000 lives using cutting-edge prosthetic technologies.
4. Developed five patented designs among twenty prosthetic items.
5. Inspired Story: After an accident helped national-level mountaineer Anshul recover mobility.
6. Goal: wants to enable a greater audience to have access to premium prosthesis.
7. Industry disruptor: introducing reasonably priced, modern technologies for prosthesis markets.
Pitch Details
Ask: ₹60 lakhs for 1% Equity (Valuation: ₹60 crores)
Deal: After negotiations Namita Thapar, Aman Gupta and Ritesh Agarwal finished the deal at ₹60 Lakhs for 4% equity.
Investors: The investment came from Namita Thapar, Aman Gupta and Ritesh Agarwal.
Conclusion: In their presentation on Shark Tank India Season 4, Fupro highlighted their goal of transforming the prosthesis market with high-tech yet reasonably priced solutions. Impressed by their creative products—which have already changed over 15,000 lives—the sharks made a successful investment of ₹60 lakhs for 4% equity from Ritesh Agarwal, Namita Thapar, and Aman Gupta. Strong vision, proprietary technology, and powerful success stories help Fupro to challenge the industry and make advanced prosthesis more reachable for people in need.
