Entrepreneur Name – Dr. Ashish and Dr. Preeti Rawandale
About the Entrepreneur – Dr. Ashish Rawandale and Dr. Preeti Rawandale, hailing from Dhule, Maharashtra, are a urologist and an ophthalmologist, respectively. Dr. Ashish completed his schooling in Pune, followed by his MBBS degree from B.J. Medical College, Pune, and his MS from Sassoon General Hospital.
He further pursued his M.Ch. in Urology from Bombay Hospital and a DNB in Urology from AIIMS, New Delhi. Subsequently, he completed a fellowship in Singapore and was offered a position as a robotic surgeon in Detroit. However, he declined the offer and returned to Dhule to establish his practice. Dr. Ashish has been recognized twice as a Guinness Record Holder.
| Brand Name | P-Flow |
| Brand Website | https://pflow.info/ |
| Business Category | Medical Device |
Innovation – Yes, The Home-Based Urine Flow Measuring and Diagnosis Kit is an innovative solution designed to help control kidney diseases. It is the first of its kind, offering a comfortable and convenient method for conducting urine testing from the comfort of one’s own home.
| Company Valuation | ₹10 Crores |
| Equity Asked | ₹60 Lakhs for 1% Equity |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹60 Lakhs for 6% Equity |
| Target City/Country | Worldwide |
| Total Addressable Market | US$5.99bn |
| Product | Urine Flow Checking Kit |
About the Product – P-flow is the world’s inaugural portable and disposable kit that replaces the conventional Uroflowmetry test, allowing patients to conveniently and independently test themselves.
Results from the kit are sent to the patient’s mobile device via text message. Both partners have nearly equal equity, each holding around 35%. The P-flow kit is available for purchase on their website and marketplaces such as Amazon and has achieved an accuracy rate of approximately 95%.
Conclusion –
Dr. Ashish and Dr. Preeti Rawandale asked ₹60 Lakhs for 1% Equity. Sharks Amit and Namita offered ₹60 Lakhs for 6% Equity. It concluded in a successful deal.
