Entrepreneur Name – Arun Agarwal
About the Entrepreneur – Arun Agarwal, hailing from Alwar, Rajasthan, is the brain behind Janitri. He received his early education in Alwar and later secured admission to VIT Vellore to pursue B.Tech in Electronics Engineering.
After completing his studies, he worked as a patent analyst in the healthcare sector. In his leisure time, he interacted with medical professionals and stakeholders. The sales for Janitri began in March 2021.
LinkedIn Profile – https://www.linkedin.com/in/arun-agarwal-5ba82017/
Brand Name | Janitri |
Brand Website | https://www.janitri.in/ |
Business Category | Medical Device |
Innovation – Yes, The vision of Janitri’s business is to create a world where no mother or child experiences mortality during pregnancy, labor, and post-delivery.
Company Valuation | ₹40 Crores |
Equity Asked | ₹1 cr for 2.5% Equity |
Deal Closed | Yes |
Final Shark Tank Deal | ₹1 cr for 2.5% Equity |
Target City/Country | Worldwide |
Total Addressable Market | $3.7 billion |
Product | Pregnancy Monitoring Device |
About the Product – Janitri has developed a wearable and AI-enabled device and software that monitors vital information of pregnant mothers and doctors, allowing for continuous tracking via their mobile phones. The company’s mission is to reduce the risk and complications associated with pregnancy.
One of their products, Navam, is a wearable prototype designed to track fetal movement, while their Keyar Patch, currently available in the market, monitors fetal and maternal heart rate, labor contractions, and fetal movement.
The device is connected to the phone via an application called Daksh. Prior to this innovation, the cardiotocography machine was only capable of monitoring fetal movement.
Conclusion –
Arun Agarwal asked ₹1 cr for 2.5% Equity. Shark Namita agreed with the deal. It concluded in a successful deal.