Life Spark Technologies “Walk” Website Overview:
- The website, Life Spark Technologies, is built on Wix and Wix Ecommerce.
- Due to the absence of SEO, the website is not ranking on organic search result pages, impacting its visibility.
Life Spark Technologies “Walk” Vision:
- The vision of Life Spark Technologies is to provide health care solutions for neurological diseases like Parkinson’s Disease and Stroke.
Life Spark Technologies “Walk” Founder:
- The founder of Life Spark Technologies is Amey Desai, an engineering graduate from Birla Institute of Technology and Science, Pilani.
Life Spark Technologies “Walk” Product:
- Life Spark Technologies “Walk” is India’s first wearable mobility aid designed to assist patients with Parkinson’s Disease and Freezing of Gait.
- The device uses Haptic Technology and is a battery-powered wearable assistive device.
- It helps in enhancing muscle strength to alleviate freezing and slowness in patients, providing significant assistance in walking.
- The device collects data on the patient’s gait movements, aiding in maintaining balance for active living.
Life Spark Technologies “Walk” Shark Tank India Business Statistics:
- Approximately 10 million people in India suffer from Parkinson’s Disease, with 90% of them being over 60 years old.
- Pilot testing has been conducted on about 150 individuals, showing 80% efficiency.
- The technology has been validated with the guidance of five doctors.
- The device costs ₹36,000, and the company aims to sell or rent it for special needs.
Life Spark Technologies “Walk” Shark Tank India Pitch:
- The pitch was presented to Shark judges Anupam Mittal, Namita Thappar, Aman Gupta, Amit Jain, and Vineeta Singh.
- Shark Anupam Mittal expressed skepticism about the uniqueness of the technology, suggesting that there might be other solutions available.
- Shark Namita Thappar raised concerns about obtaining a patent and the difficulty in gauging the effectiveness of the solution with just 150 tests.
Life Spark Technologies “Walk” Deal in Shark Tank India:
- Sharks Anupam Mittal and Aman Gupta made a deal of ₹50 lakhs for 2.3%, valuing the company at ₹21.74 crores.
Life Spark Technologies “Walk” Episode Details:
- Episode Number: Shark Tank India Season 3, Episode 14
- Air Date: 8th February 2024
- Founder’s Name: Amey Desai
- Ask in Shark Tank India: ₹50 lakhs for 1.5%
- Deal in Shark Tank India: ₹50 lakhs for 2.3%
- Investors: Anupam Mittal and Aman Gupta
- Official Website: Life Spark Technologies
- Company Valuation: ₹21.74 crores
Life Spark Technologies “Walk” Conclusion:
- Life Spark Technologies “Walk” aims to address neurological conditions with a purpose-driven business approach.
- The product is a groundbreaking solution for Parkinson’s Disease, presenting a unique venture in the medical industry.
- The episode provides insights into the challenges of medical entrepreneurship, emphasizing the importance of research and patience in this field.
Life Spark Technologies: Revolutionizing Neurological Healthcare
1. Vision:
- Healthcare Solutions: Life Spark Technologies envisions providing advanced healthcare solutions for neurological diseases such as Parkinson’s Disease and Stroke.
2. Product – Life Spark Technologies “Walk”:
- Innovative Mobility Aid: “Walk” stands as India’s pioneering wearable mobility aid specifically tailored for patients dealing with Parkinson’s Disease and Freezing of Gait.
- Haptic Technology: The device incorporates cutting-edge Haptic Technology for an enhanced user experience.
- Battery-Powered Assistive Device: “Walk” operates on a battery-powered mechanism, ensuring portability and convenience.
3. Key Functionalities:
- Muscle Strength Enhancement: The device focuses on enhancing muscle strength, addressing freezing and slowness in patients, facilitating smoother walking.
- Data Collection: “Walk” actively collects data on the patient’s gait movements, contributing to a comprehensive understanding for healthcare professionals.
- Balance Maintenance: Aids in maintaining balance, promoting an active lifestyle for individuals affected by neurological conditions.
4. Technological Advancements:
- Haptic Technology Integration: “Walk” distinguishes itself by integrating Haptic Technology, providing tactile feedback for a more intuitive and responsive user experience.
- Data-Driven Approach: Leveraging data collection capabilities to tailor interventions based on individual patient needs.
5. Impact on Patients:
- Significant Assistance: “Walk” offers substantial assistance to patients, addressing specific challenges associated with Parkinson’s Disease and Freezing of Gait.
- Improved Quality of Life: Enhancing mobility and balance contributes to an improved quality of life for individuals grappling with neurological conditions.
6. Future Developments:
- Continuous Innovation: Life Spark Technologies commits to ongoing innovation, refining and expanding the capabilities of “Walk.”
- Wider Applicability: Exploring opportunities to adapt the technology for a broader range of neurological conditions, extending its impact.
7. Patient-Centric Approach:
- Tailored Solutions: Prioritizing individual patient needs by providing customizable and patient-centric solutions.
- Empowering Independence: Enabling patients to lead more independent lives through improved mobility.
8. Potential Collaborations:
- Healthcare Professionals: Collaborating with healthcare professionals to incorporate “Walk” into comprehensive treatment plans.
- Research Institutions: Partnering with research institutions for continuous refinement and validation of the technology.
9. Roadmap for Implementation:
- Clinical Trials: Conducting rigorous clinical trials to validate the efficacy and safety of “Walk.”
- Regulatory Approvals: Pursuing necessary regulatory approvals to ensure compliance and accessibility.
Conclusion: Life Spark Technologies’ “Walk” not only represents a breakthrough in technological innovation for neurological healthcare but also signifies a commitment to improving the lives of individuals facing mobility challenges due to conditions like Parkinson’s Disease and Freezing of Gait. With a clear vision, innovative approach, and a focus on patient-centric solutions, Life Spark Technologies aims to redefine standards in neurological care and contribute to a future where wearable assistive devices play a pivotal role in enhancing the well-being of individuals with neurological disorders.