Transdermal vitamin patches available from Patchup, a health and personal care company, replace conventional pills. These patches eliminate the need for additions including sugar, preservatives, dyes, and gluten by delivering vital vitamins through the skin. The product is meant for those who find it difficult to take pills or wish for a more natural and quick approach to get nutrients.
Company Name: Patchup
Founder: Radhika Rajpal
Product: Vitamin Patches Brand
Highlights:
1. Absorbing vitamins through the skin, transdermal vitamin patches replace pills.
2. Additive-free; not sugar, preservatives, artificial colors, flavors, gluten.
3. Simple and quick to use; just apply the patch for slow release of nutrients.
4. Suitable for those who find it difficult to take pills and gummies, alternative are
5. Issues include questions about clinical research, trials, and regulatory approvals.
6. Target Audience: Health-conscious people looking for creative non-invasive supplements.
Pitch Details
Ask: ₹50 Lakhs for 1.75% Equity (Valuation: ₹28.57 crores).
Deal: After negotiations Anupam Mittal finished the deal at ₹50 Lakhs for 2.27% Equity.
Investors: The investment came from Anupam Mittal.
Conclusion: Impressive the investors with their creative approach to healthcare, AI.gnosis effectively presented their AI-powered early autism diagnostic solution on Shark Tank India Season 4. Supported by investors Peyush Bansal, Aman Gupta, and Varun Dua, the founders wanted ₹50 lakhs for 4% stock but finally acquired ₹1 crore for an 8% interest. This alliance emphasizes the Sharks’ belief in the ability of artificial intelligence to significantly affect early autism screening in India, hence enhancing accessibility and results for autistic children.
Key Takeaways from the Episode:
1. Key is innovation; companies using technology—such as artificial intelligence, animation—stand out.
2. Solve Real Problems: Investors like companies filling in important market voids.
3. Scalability counts; sharks search for businesses with room for expansion rather than only concepts.
4. Strong business models with well-defined income sources and execution strategies draw money.
5. A confirmed need guarantees investor confidence in the market demand wins.
