Life Spark Technologies’ ‘Walk’ Product Excels on Shark Tank India for Revolutionary Neurological Solutions

Lifespark Technologies is a company that creates solutions to help people with long-term neurological conditions like Stroke, Parkinson’s Disease, and Spinal Cord Injury. They are located at the Indian Institute of Technology in Bombay, India. Their focus is on developing solutions for individuals, caregivers, and families affected by these conditions. The company believes in the importance of effective communication and community contribution. They are committed to improving the quality of life in the community by developing better treatments, enhancing community connections, and creating affordable solutions that can benefit many people.

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Amey Desai, an engineering graduate from Birla Institute of Technology and Science, Pilani, is the founder of Life Spark Technologies.

Life Spark Technologies presented their product “Walk” to a group of judges, including Anupam Mittal, Namita Thappar, Aman Gupta, Amit Jain, and Vineeta Singh. During the presentation, Anupam Mittal showed doubt about the uniqueness of the technology and questioned if there were other similar solutions available. Namita Thappar expressed concerns about getting a patent and the challenge of measuring the solution’s effectiveness with just 150 tests. After some discussion, Anupam Mittal and Aman Gupta made an offer to invest ₹50 lakhs for a 2.3% stake in Life Spark Technologies, valuing the company at ₹21.74 crores.

Life Spark Technologies aims to make a difference in healthcare by focusing on neurological diseases such as Parkinson’s Disease and Stroke. They have developed a product called “Walk,” which is a wearable mobility aid designed specifically for patients dealing with Parkinson’s Disease and Freezing of Gait. The key strengths of this product involve muscle strength enhancement, data collection about the patients’ gait movements, and aiding in maintaining balance. It operates on battery power, making it easy to use.

A notable feature of “Walk” is the use of Haptic Technology, which provides feedback to the user while they use the device. The data collected by “Walk” can be used to create personalized treatments for each patient. The impact on patients is significant, as the device offers substantial assistance and helps improve the quality of life for individuals with neurological conditions.

Looking forward, Life Spark Technologies plans to enhance “Walk” further and expand its use to help a wider range of neurological conditions. They are focused on tailoring solutions to meet individual patient needs and collaborating with healthcare professionals and research institutions to ensure that the device works effectively and is safe for use. They are also conducting clinical trials and seeking regulatory approvals for the technology.

Shark Tank India is a reality TV show where entrepreneurs present their innovative business ideas to a panel of seasoned investors, seeking funding and mentorship to turn their dreams into reality.