What Happened to CureSee After Shark Tank India?
What is CureSee?
CureSee is an artificial intelligence-based vision therapy website. CureSee mainly works in three sectors of eye vision.
- Amblyopia
- Squint Eye
- Convergence Insufficiency
Who is the Founder of CureSee?
Puneet, Amit Sahni & Jatin Kaushik are the founders of CureSee. Puneet & Jatin are school friends. Puneet & Amit are optometrists. Jatin is the web Engineer.
CureSee Before Shark Tank India?
They started the company in 2019. CureSee has cured 2500+ patients. It’s awarded by the government of India.
They have published research papers on this topic. Currently, there are 310 active patients on the platform who are paying on a 3/6 months subscription.
How much did they ask for on the pitch?
They came to Shark Tank India seeking ₹40 Lakhs for 5% equity in the company. Which gives the company a valuation of ₹8 Crores.
How much money did they raise for CureSee?
They didn’t raise any money for CureSee. It was built from scratch.
How to use CureSee?
You can sit in your home and go to the CureSee website. There you can avail free eye screening training.
The artificial intelligence will suggest you a couple of vision therapy exercises that you can do. After doing these exercises for 1 to 2 months, you will see positive results.
When someone’s doing vision therapy exercises he has to wear Anaglyph glasses.
There are multiple games on the platform. According to each individual, the AI will provide different games to play each day so that the users don’t get bored with it.
Unit Economics of CureSee
They charge ₹12,000 for 3 months subscription. And ₹18,000 for 6 months subscription.
3 months | 6 months |
₹12,000 | ₹18,000 |
What are the Annual Sales of CureSee?
Their monthly sales are ₹2.64 Lakhs.
Which shark gave CureSee an offer?
Namita Thapar was interested in the business. She could help them to reach more patients as she has a huge hospital network. She offered them ₹40 Lakhs for 10%.
Aman Gupta was out. Because he didn’t have any expertise in the industry.
Vineeta Singh was out.
Peyush Bansal gave two offers. ₹40 Lakhs for 10% or ₹1 Crore for 25%. Whichever deal they like they can take.
Anupam Mittal was also out.
Later, Peyush Bansal revised his offer. He offered ₹50 Lakhs for 10%.
Namita Thapar also revised her offer. She offered ₹40 Lakhs for 5%.
Offer 1 | Offer 2 |
Namita Thapar – ₹40 Lakhs for 10% | Peyush Bansal – ₹40 Lakhs for 10% / ₹1 Crore for 25% |
Namita Thapar Revised Offer – ₹40 Lakhs for 5% | Peyush Bansal Revised Offer – ₹50 Lakhs for 10% |
What deal did CureSee get in Shark Tank India?
CureSee got a deal from Peyush Bansal. The deal was ₹50 Lakhs for 10%.
Company Name | CureSee |
Founder | Puneet, Amit Sahni & Jatin Kaushik |
Asked Amount | ₹40 Lakhs for 5% |
Final Deal | ₹50 Lakhs for 10% |
Shark | Peyush Bansal |
Company Net Worth | ₹5 Crores |
Company Website | curesee.com |
Company Status | In Business |
What is the net worth of CureSee?
After the Shark Tank India deal, the net worth of CureSee is ₹5 Crores.
Is CureSee still in Business?
Yes, CureSee is still in Business.