Company name | The Renal Project |
Idea | Home Dialysis Treatment |
Original Ask | ₹1 crore for 3% equity |
Deal Closed | ₹1 crore at 6% equity |
Investment | Namita Thapar and Aman Gupta |
The Renal Project’s Success Story
The Renal Project is an innovative start-up focused on delivering home dialysis treatment for patients with end stage renal disease. Founded in 2019 by Shashank Modhia, the company is based in Mumbai seeks to decentralize dialysis care through setting up micro-centres across India. This has improved delivery of crucial healthcare services particularly in remote and semi-urban areas (Shark Tank India Club).
Shark Tank India Investment
On Shark Tank India, The Renal Project was seeking an investment of ₹1 crore for 3% equity; it eventually got a deal worth ₹1 crore at 6% equity from Namita Thapar and Aman Gupta as investors. It has allowed them to expand their centers and improve the quality of services offered. In addition, getting involved with Namita Thapar who brings deep experience in healthcare to the team has accelerated further its growth path (WEXT India Ventures) (Entrepreneurs Today – Start Run and Grow).
Impact on the Healthcare Sector
Since it appeared on Shark Tank India, The Renal Project has set up more than 20 centres across five states in India which offer life-saving home dialysis treatments to patients in need. Affordability and quality are what make this start-up unique among products featured on Shark Tank India contributing to its goal of revolutionizing kidney care within India (Shark Tank India Club).