In the latest episode of Shark Tank India season 3, entrepreneurs Manjeet Singh and Amit Bhayani introduced FlexifyMe, a platform designed to address chronic pain management. They asked for an investment of $120 thousand (Rs 1 Crore) for 2% equity.
Manjeet began his pitch and said, “It’s an honor to have the opportunity to present FlexifyMe on Shark Tank Season 3. Our experiences have driven us to develop a solution that can truly make a difference in people’s lives. We are excited to showcase our vision and share the impact of FlexifyMe with a global audience.”
During their pitch, the founders provided a demonstration of their app. Meanwhile, Shark Vineeta Singh actively participated in the assessment process. While Sharks Namita and Amit showed keen interest in the business idea, others doubted its profitability.
In the episode, Namita expressed her disagreement with the other sharks. She said, “Inko market samajh mein hi nahi aaya hai. Jaise ek mahapursh ne kaha hai iss market ki main hi gundi hu. (They haven’t understood the market. Like a wise man said, I am the goon of this market.)”
Ultimately, pitchers secured the deal with Namita at $60 thousand (Rs 50 Lakhs) for 1.32% equity plus 50 Lakhs debt at 10% interest for 2 years.
FlexifyMe on Shark Tank India season 3: Everything you need to know
According to the founders, FlexifyMe helps consumers understand the nature of their pain through physiotherapy, yoga, and AI. The user has to undergo an assessment on camera, and a report is generated with the consultation of a physiotherapist and yoga therapist. Later, they customize the plan to meet user requirements.
Users can avail free sessions for various types of pain. These include low back pain, neck pain, shoulder pain, and knee pain, with the option to book a demo via the brand website. For those seeking relief from chronic pain, FlexifyMe offers promising solutions.
Stay tuned for more pitches from Shark Tank India.
