Shark Tank India: From saving lives to going international, the journey of the pitchers who Peyush Bansal called his ‘Number 1’ investment

Some of the inventions that make their way onto the Shark Tank India stage are revolutionary to say the least. One among them was definitely the device invented by the founders of Sunfox Technologies Pvt Ltd. The pitchers came to the tank to pitch their revolutionary device, Spandan, a pocket size ECG machine. The sharks were so impressed with their device and its life saving potential that the pitchers walked out of the tank with a 5 shark deal. But what are the founders of Spandan doing now?

A new promo shared by the makers of Shark Tank India shows how the company is thriving after their appearance on the show. The founder revealed that their stock had sold out within minutes of their episode airing, and they were able to scale up their manufacturing as well. The positive impact of the same was such that doctors were able to use the device to treat patients in rural areas, and the founders even organised a camp for screenings as well. The company is also exporting their device to almost 11 countries as well.

Sharks Vineeta Singh and Peyush Bansal also spoke of the impact Spandan made. Peyush even referred to them as his number 1 investment on the show, in terms of the impact it made.

The video was shared on Shark Tank India’s social media pages with the caption “After the success of their All Shark Deal in Season 1, #Spandan is moving forward with their groundbreaking invention to save lives all around the world.”

Check out the video below:

On their appearance on season 1, the founders had originally asked for Rs 1 crore for 2% of equity. The sharks were impressed by their pitch and some of them even shared some of their touching personal stories as well. Vineeta, Peyush, Ghazal Alagh, Anupam Mittal and Namita Thapar offered the founders Rs 1 crore for 6% equity, which they said yes to after some deliberation.