Entrepreneur Name – Soham Sahu, Vikram Rajput, Chandan Prasad
About the Entrepreneur – Soham Sahu hails from Rajpur, Chhattisgarh, and holds a degree in mechanical engineering from Kharagpur IIT.
With a wealth of experience in Production Management and Supply Chain, he is an expert in his field.
Similarly, Vikram Rajput, another Kharagpur IIT alumnus from Rajpur, Chattisgarh, has an extensive background in R&D, having worked with notable companies such as Tata Motors and GE.
Meanwhile, Chandan Prasad, who comes from Bihar, also holds a mechanical engineering degree.
LinkedIn Profiles
| Soham Sahu | https://www.linkedin.com/in/sohan-sahu-16a66b3b/ |
| Vikram Rajput | https://www.linkedin.com/in/vikramrajput/ |
| Chandan Prasad | https://www.linkedin.com/in/chandanconnects/ |
| Brand Name– | Subhag |
| Brand Website- | https://subhag.in/ |
| Business Category– | A Home IUI Kit |
Innovation – Yes, The vision of Subhag HealthTech Business is to become the global leader in providing home-based solutions for IUI treatment. Their aim is to offer reliable and hassle-free testing equipment and IUI devices, which have been designed under the guidance of infertility experts.
| Company Valuation– | ₹20 Crore |
| Equity Asked– | ₹50 Lakhs for 1% Equity |
| Deal Closed– | Yes |
| Final Shark Tank Deal– | ₹20 Lakhs for 1% Equity & ₹30 Lakhs Debt |
| Target City/Country- | India |
| Total Addressable Market- | DIY Home IUI Kit for Conceive |
About the Product – Infertility is a growing concern in modern times, affecting one out of every seven couples who often feel socially and mentally distressed, leading to isolation from society.
While IVF is a solution, it remains inaccessible to many due to challenges related to privacy, affordability, and accessibility.
To address these issues, Subhag has developed the first-ever IUI kit, which allows couples to perform the intrauterine insemination process at home in three simple steps – ovulation tracking, sperm preparation, and insemination.
The kit includes an ovulation strip to track the insemination day, VConceive – a soft cup for insemination, and Androwash for sperm washing, with all products being patent-granted.
Subhag’s vision is to offer frontline treatment solutions that cater to every individual’s needs. The kit’s MRP is 8000 rupees, but it sells for approximately 5000 rupees.
With their products being prescribed by 20 hospitals and 300+ clinics, Subhag boasts an efficacy rate of 16% on the first attempt.
Conclusion –
Soham Sahu, Vikram Rajput, and Chandan Prasad asked ₹50 Lakhs for 1% Equity. Shark Namita offered ₹20 Lakhs for 1% Equity & ₹30 Lakhs Debt. It concluded in a successful deal.
Subhag Shark Tank India Review