Subhag has raised INR 20 lakhs rupees for 1% equity and 30 lakhs debt at 10% interest from shark tank season 2. Namita invested in this startup. The pitcher made an ask for 50 lakhs rupees for 1% equity at a valuation of 50 crore rupees.
At first, Vineeta’s offer was for 50 lakhs rupees for 1.67% equity. Then Namita offered 20 lakhs rupees for 1% equity and 30 lakhs debt at 10% interest.
Also Read Nutricook has raised INR 50 lakhs for 10% equity of the company and 50 lacs debt at a 12% interest rate from shark tank season 2. Veenita Invested in this startup.
The company’s founders are Soham Sahu, Vikram Rajput, and Chandan Prasad. Subhag HealthTech Business is a health tech startup that has created the world’s first Intrauterine Insemination kit and has brought a new alternative to child-seeking couples to go through the Parenthood Experience in privacy. Their slogan is – do it yourself, and a home insemination kit with the help of medical service and know-how has presented a patented and economical solution. The formal name of this business is Subhag HealthTech Pvt. Ltd.
Their kit comprises the following things: Ovulation Strip – To track insemination day, VConceive – Soft cup to perform the insemination, and Androwash – To perform sperm washing.
They share information on health and treatment for Induced Mothers and Induced fathers by IUI Insights on their website and treatment tips. They have painstakingly worked out all the options to address this problem in the right way by adding alternatives for education like IUI Wellness, IUI Success Tips, and Know Fertility, which combine trust and customer relationship with results. Comapan’s business equity divides like this; for Vikram, it is 65%. For Sohan, it is 4%. For the investors, it is 29%, and for Sandalwood, it is 2%.
Subhag Business statistics:
Subhag HealthTech was started in 2018. They aim to solve the problem of 80 million couples in the privacy and confidentiality of their homes. The MRP of Vconceive is ₹ 8000, and the selling price is ₹ 5000. They sell their products to doctors at the cost ₹4200. They have associated their products with 20 hospitals and more than 300 clinics. Product Efficacy remains at 16% in one attempt.
Subhag Health Tech Lifetime Sales are Vconceive Kit 3500, Androwash Units 20. They didn’t make any sales last month because of a change in the law. ₹ 2 lakh sales were done in September 2022.
Subhag HealthTech Sales are:
FY 2020 – 2021 – ₹37 Lakh
FY 2021 – 2022 – ₹52 Lakh
FY 2022 – 2023 Seized Sales – ₹12 Lakh
Androwash Rental Price ranges from ₹ 3000 to ₹ 5000, and Smart Tube comes for ₹ 1200.
What Problem Do They Solve
It is designed to be user-friendly at home and enables patient-friendly applications. Eliminates unnecessary clinical intermediaries. Several times more cost-effective as compared to currently available alternatives. Deep-tech enabled efficiency. It has the potential to provide intelligence that can have a tangible impact on treatment outcomes.
Subhag HealthTech Business Vision is to be the home-based IUI treatment solution provider in the world with hassle-free and reliable home-based testing and IUI equipment designed under the guidance of infertility experts.
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