InnerGize on Shark Tank India Season 4: Pioneering Mental Health Wearable Technology

InnerGize made history on Shark Tank India Season 4 by presenting the world’s first mental health wearable device. Based in Delhi, this innovative startup aims to revolutionize mental wellness through technology, helping people manage stress and improve their overall mental health.

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Company Overview

Founded in 2023 by Dr. Siddhant Bhargava, Shalmali Kadu, and Mitansh Khurana, InnerGize combines medical expertise with cutting-edge technology to create accessible mental health solutions. Their wearable device represents a breakthrough in personal mental wellness management.

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The Pitch

The founders approached Shark Tank India Season 4 seeking:

Investment Amount: ₹54 lakh
Equity Offered: 1.5%
Initial Valuation: ₹36 Crore

Key Company Details

Company Name	InnerGize
Founders	Dr. Siddhant Bhargava, Shalmali Kadu, Mitansh Khurana
Location	Delhi
Founded	2023
Industry	Mental Health Care Technology
Profitability Status	Undisclosed
Investment Status	Secured

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The Sharks’ Panel

The pitch attracted attention from five prominent sharks:

Vineeta Singh
Aman Gupta
Kunal Bahl
Ritesh Agarwal
Azhar Iqubal

Final Deal

InnerGize secured a powerful triple-shark deal:

Investment Amount: ₹1 Crore
Equity Given: 4.2%
Final Valuation: ₹23.81 Crore
Investing Sharks: Aman Gupta, Ritesh Agarwal, and Azhar Iqubal

Product Innovation

InnerGize, a mental health wearable, is on a mission to revolutionize mental wellness by tackling the invisible yet pervasive enemy: stress.

World’s first mental health wearable device
Stress management technology
Real-time mental wellness monitoring
User-friendly interface
Science-backed approach

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Market Potential

Growing mental health awareness
Rising demand for wellness solutions
Untapped wearable technology market
Global scalability potential
Increasing focus on preventive mental healthcare

Growth Strategy

With triple-shark backing, InnerGize plans to:

Enhance product development
Scale manufacturing
Expand market reach
Strengthen research initiatives
Develop additional features

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Conclusion

InnerGize’s successful appearance on Shark Tank India Season 4 represents a significant milestone in mental health technology. Securing investments from three prominent sharks – Aman Gupta, Ritesh Agarwal, and Azhar Iqubal – validates their innovative approach and positions them for rapid growth in the mental wellness sector.