Subhag has successfully secured INR 50 lakhs from Shark Tank 2.0.

Subhag a healthTech business has made a special kit for couples who want to have a baby but are facing difficulty. The kit helps with a process called Intrauterine Insemination, which can help couples become parents. The founders of this company are Soham Sahu, Vikram Rajput, and Chandan Prasad. The kit includes three main things: an Ovulation Strip to track the best time for insemination, a soft cup called VConceive to help with the insemination process, and Androwash to clean the sperm properly. These items are important for the process to be successful. The company also provides useful information and tips on their website about health and treatments for both mothers and fathers involved in this process. They have different sections to educate and support people going through this journey, like IUI Wellness, IUI Success Tips, and Know Fertility. The company’s ownership is divided among the founders and investors. Vikram owns 65% of the company, Soham owns 4%, investors own 29%, and Sandalwood owns 2%.

Click here to visit official website: Subhag

Related: Healthy Master Raised INR 50 Lakh at Shark Tank India 2.0

Subhag HealthTech is a company that started in 2018, they help 80 million couples with their products which they can use at home confidentially. They sell a product called Vconceive at a price of ₹5000, even though it costs them ₹4200. The product works 16% of the time in one try. They have their products in 20 hospitals and over 300 clinics. They have sold 3500 Vconceive Kits and 20 Androwash Units over the lifetime of the company. Last month, they didn’t make any sales due to a change in the law. In September 2022, they had sales of ₹2 lakh.

Their sales for different financial years are as follows:

• FY 2020 – 2021: ₹37 lakh
• FY 2021 – 2022: ₹52 lakh
• FY 2022 – 2023 (sales seized): ₹12 lakh

They also have Androwash Units which can be rented for prices ranging from ₹3000 to ₹5000, and another product called Smart Tube which costs ₹1200.

Subhag, a company seeking investment on the Shark Tank television show, initially asked for 50 lakhs rupees in exchange for 1% equity in their business. However, they ended up receiving 20 lakhs rupees for 1% equity and an additional 30 lakhs as a debt with 10% interest from Namita, who invested in the startup. Alongside Namita’s investment, Vineeta offered 20 lakhs rupees for 1.67% equity in Subhag.

Subhag is ranked 6th out of 27 competitors, with 4 of its competitors receiving funding and 2 exiting the market. In total, Subhag and its competitors have raised over $55M in funding through 16 rounds with the participation of 23 investors. There are 1 public company and 1 acquired company within the competition set.

Shark Tank India showcases a dynamic platform where aspiring business owners pitch their concepts to influential investors, hoping to gain the support and resources needed to scale their enterprises.