Entrepreneur Name – Akanksh Tondon and Soumen
About the Entrepreneur – As the CEO of DigiQure E-clinic, Akanksh Tandon has a deep understanding of the disparities in basic healthcare services across different regions, having experienced rural living firsthand.
His primary objective is to improve the lives of as many people as possible by addressing the health-seeking habits of those living in rural areas.
He strongly advocates for the democratization of rural healthcare, with the aim of creating a sustainable, fair, and secure future for all.
Social Media Profile – https://www.instagram.com/akankshtandon
Brand Name | DigiQure E-Clinic |
Brand Website | https://digiqure.com/ |
Business Category | Health Industry |
Innovation – Yes, This is a health center, which provides medical services to patients by bringing together eminent doctors to the villages of India.
They provide Urban Cure with the best possible care for patients by being the connecting link in every way to improve their service.
Company Valuation | ₹4 Crore |
Equity Asked | ₹40 Lakhs for 4% Equity |
Deal Closed | Yes |
Final Shark Tank Deal | ₹40 Lakhs for 10% Equity |
Target City/Country | India |
Total Addressable Market | $372 Bn by 2022 |
Product | Hospitals and Health Care |
About the Product – DigiQure E-clinic is on a mission to democratize access to high-quality healthcare for the 1 billion rural and semi-urban population in India using telemedicine.
In rural and semi-urban areas, where only 21% of all doctors are available, despite 72% of India’s population living there, the demand for healthcare services far outstrips the supply.
To tackle this challenge, the company has established telemedicine-based E-clinics in 10 working locations across MP, UP & Bihar.
These E-clinics enable video consultations with specialist doctors, digital prescriptions, availability of medicines and lab test services, and referrals to partner hospitals for secondary care if required.
This approach helps patients avoid the need to travel to cities unnecessarily, saving them significant time, money, and opportunity cost.
Moreover, it facilitates early detection of serious diseases, potentially saving millions of lives each year from preventable illnesses. To meet the demand, the company is partnering with hospitals for secondary care and teleconsultations.
Conclusion –
Akanksh Tondon asked ₹40 Lakhs for 4% Equity, and Shark Namita Thapar offered ₹40 Lakhs for 10% Equity. It concluded in a successful deal.