FUPRO, from College Project to Shark Tank India, How Their Vision Transformed 15,000+ Lives

FUPRO on shark tank india

Three points you will get to know in this article:

  • FUPRO has impacted 15,000+ lives with innovative prosthetics.
  • Secured ₹60 Lakhs for 4% equity on Shark Tank India.
  • Founders turned a college project into a life-changing venture.

What is FUPRO?

FUPRO logo

FUPRO, co-founded by Nimish Mehra and Cyril Joe Baby, is on a mission to redefine the prosthetics industry with affordable, advanced solutions. Their innovative designs aim to improve mobility and restore independence for individuals with disabilities. Since its inception, the startup has helped over 15,000 people with their 20 products, including five patented designs.

FUPRO stands out by combining cutting-edge engineering with accessibility, providing prosthetics that are lightweight, cost-effective, and designed to mimic natural movement.

The Founders Behind FUPRO

Nimish began his career as an international race car designer before pivoting to prosthetics. The shift happened after a personal injury left him bedridden for two months. During this time, Nimish realized the importance of mobility—not just for getting around, but for regaining one’s independence.

Inspired by the challenges faced by wounded soldiers, Nimish turned a college project into a mission to develop affordable prosthetics. He explains, “Freedom of movement is more than just walking—it’s about self-reliance and dignity.”

Cyril Joe Baby, Nimish’s junior and co-founder, brought his expertise in technical design and problem-solving to FUPRO. Together, the duo combined their skills to create advanced prosthetics that meet both functional and financial needs.

FUPRO’s Products: Innovation Meets Affordability

FUPRO’s prosthetics are engineered with a focus on usability and performance. Their standout features include:

  • Spring Action Technology: Provides natural movement and reduces strain.
  • Lightweight Design: Ensures comfort for long-term wear.
  • Affordable Pricing: Makes high-quality prosthetics accessible to a larger audience.

The Inspiring Story of Anshul

During their Shark Tank India pitch, the founders shared the story of Anshul, a national-level mountaineer who lost his leg in an accident. With FUPRO’s prosthetic, Anshul regained his mobility and returned to his passion for mountaineering. Anshul praised the prosthetics for their affordability, durability, and excellent range of motion.

FUPRO Financial Highlights

Despite being a bootstrapped startup, FUPRO has achieved significant milestones:

FUPRO Revenue Highlights

  • 2022-23: ₹2.16 Cr
  • 2023-24: ₹2.5 Cr
  • 2024-25 (Projected): ₹5 Crores
  • already ₹1.48 Crores achieved in the first six months.

FUPRO Funding and Equity Breakdown

  • Ashmit (Investor): 40% equity, invested ₹2.5 Crores
  • Nimish Mehra: Owns 30%
  • Cyril Joe Baby: Holds 25%

The startup’s innovative approach and financial stability have set the stage for further expansion.

FUPRO’s Pitch on Shark Tank India

The founders entered Shark Tank India seeking ₹60 Lakhs for 1% equity, valuing the startup at ₹60 Crores. Their pitch not only showcased their revolutionary products but also highlighted the social impact of their work.

Offers from the Sharks to Fupro Founders

The sharks were intrigued by FUPRO’s potential, resulting in a series of offers and negotiations:

  • Shark Kunal Shah: Offered ₹2 Crores for 10% equity but required changes to the company’s capital structure. The founders declined.
  • Shark Aman Gupta: Proposed ₹60 Lakhs for 3% equity, valuing the company at ₹20 Crores.
  • Shark Ritesh Agarwal and Namita Thapar: Initially offered ₹60 Lakhs for 5% equity.
  • Fupro Final Deal: Sharks Ritesh, Namita, and Aman joined forces to offer ₹60 Lakhs for 4% equity, a deal that the founders accepted.

Challenges for Fupro

  1. Scaling Production: Meeting rising demand while maintaining affordability will be a significant challenge.
  2. Market Education: Spreading awareness about advanced prosthetics in underserved regions requires investment.
  3. Competitor Landscape: Competing with established prosthetics brands demands continuous innovation.

Opportunities for Fupro

  1. Global Reach: Expanding to international markets where affordable prosthetics are in high demand.
  2. New Product Development: Innovating solutions for specific industries like sports and military.
  3. Partnerships: Collaborating with hospitals, NGOs, and government programs to increase accessibility.

What Makes FUPRO Unique?

Nimish and Cyril’s hands-on involvement in design and innovation ensures that the company remains focused on its mission to empower individuals.

1. Affordable Innovation

FUPRO’s focus on cost-effective, high-quality prosthetics sets it apart from competitors that often price their products out of reach for many users.

2. Real-Life Impact

The story of Anshul exemplifies how FUPRO’s products are transforming lives, enabling people to reclaim their passions and independence.

Lessons from FUPRO Shark Tank India Experience

  • FUPRO entered the tank with a clear valuation and stood firm during negotiations, ultimately securing a fair deal.
  • By showcasing real-life examples like Anshul, the founders demonstrated the meaningful impact of their products.

FUPRO’s journey from a college project to a socially impactful startup showcases the power of innovation, resilience, and purpose-driven leadership. Their appearance on Shark Tank India not only secured funding but also brought attention to their mission of transforming lives through affordable prosthetics.

With plans to scale their operations and develop new technologies, FUPRO is poised to make an even greater impact in the coming years. For anyone looking to create a meaningful business, FUPRO stands as an inspiring example of how a simple idea can change lives on a global scale.

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