Punjab-based Fupro made a groundbreaking appearance on Episode 13 of Shark Tank India Season 4, showcasing their innovative approach to assistive medical technologies. The company has positioned itself at the forefront of designing and manufacturing high-tech prosthetic solutions for individuals with disabilities.
Table of Contents
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Quick Facts About Fupro
| Company Name | Fupro |
| Founders | Nimish Mehra and Cyril Joe Baby |
| Founded | 2018 |
| Location | Mohali, Punjab |
| Industry | Medical Equipment Manufacturing |
| Asked Investment | ₹60 Lakhs for 1% equity |
| Asked Valuation | ₹60 Crores |
| Final Deal | ₹60 Lakhs for 4% equity |
| Final Valuation | ₹15 Crores |
| Investing Sharks | Namita Thapar, Aman Gupta, and Ritesh Agarwal |
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About Fupro: Empowering Lives Through Technology
Founded in 2018 by Nimish Mehra and Cyril Joe Baby, Fupro specializes in:
- Advanced prosthetic device manufacturing
- Cutting-edge assistive technologies
- Innovative medical solutions for people with disabilities
- High-performance medical equipment
- Customized rehabilitation technologies
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The Shark Tank India Pitch
The founders presented their vision to the panel of sharks:
- Anupam Mittal
- Namita Thapar
- Aman Gupta
- Kunal Bahl
- Ritesh Agarwal
They sought an investment of ₹60 Lakhs for 1% equity, valuing their company at ₹60 Crores.
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Deal Details and Negotiations
After careful deliberation, Fupro secured a compelling deal:
- Investment Amount: ₹60 Lakhs
- Equity Given: 4%
- Final Valuation: ₹15 Crores
- Investing Sharks: Namita Thapar, Aman Gupta, and Ritesh Agarwal
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Market Impact and Innovation
Fupro stands out in the medical technology sector through:
- Cutting-edge prosthetic design
- Focus on user-centric technologies
- Advanced manufacturing techniques
- Affordable medical solutions
- Commitment to improving quality of life
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Technological Capabilities
The company’s core strengths include:
- Precision engineering
- Adaptive technology development
- Customized assistive device manufacturing
- Research-driven product design
- Integration of advanced materials
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Social Impact and Mission
Fupro’s mission goes beyond business, focusing on:
- Empowering individuals with disabilities
- Reducing rehabilitation challenges
- Providing affordable medical solutions
- Advancing assistive technology
- Improving quality of life
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Future Growth Prospects
With the investment and mentorship from three prominent sharks, Fupro is positioned to:
- Expand research and development
- Scale manufacturing capabilities
- Develop more advanced prosthetic solutions
- Increase market penetration
- Explore international markets
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Conclusion
Fupro’s successful pitch on Shark Tank India Season 4 highlights the immense potential of innovative medical technology startups in India. By combining technological expertise with a compassionate mission, the company is set to make significant strides in assistive medical solutions.
FAQs
When was Fupro founded?
2018
Who are the founders of Fupro?
Nimish Mehra and Cyril Joe Baby
