When people get old, it’s tough for them to navigate in the house. The problem becomes even more severe if they are mobility impaired.
Doing daily tasks like walking, and using the bathroom becomes extremely difficult for them. If someone doesn’t have any close relatives, then he needs to seek outside help. That also becomes a financial issue for the old person.
In India, there are 3 Crore mobility-impaired patients. Among them, 1 Crore needs help going to the bathroom. This is a big issue and to tackle this problem we have Sruthi Babu and her company Sahayatha.
Sruthi Babu is a bio-medical engineer and came to Shark Tank India seeking ₹1 Crore in exchange for 10% equity in her company. Which gives the company a valuation of ₹10 Crores.
Sahayatha offers a wheelchair that has built-in defecation-cleansing assistance. The patient can clean the defecation himself using this wheelchair. People who are suffering from paralysis, or Parkinson’s can get immense help with this wheelchair.
She did R&D for 5 years. She made 118 prototypes. After all that she made the final product and launched it in the market in July 2022. She applied for multiple patents and its patents are pending.
To fund the project Sruthi took grants from BIRAC and the amount was ₹55 Lakhs in total. The total investment behind the project to date was ₹1.16 Crores.
She’s selling the wheelchair through the company website. The wheelchair is also available on Amazon and other marketplaces.
With Sahayatha wheelchair, the requirements of caretakers can be reduced. This wheelchair reduces the number of accidents by falls by 90% (According to the founder).
The wheelchair has multiple functionalities. If someone is completely bedridden, he can easily get into the wheelchair himself as it is customized like that.
With this wheelchair in hand, the patient doesn’t need to go to the bathroom. It has a built-in toilet inside. There’s a lid that can be opened and the patient can easily defecate. The commode can be detached easily without disturbing the patient.
The wheelchair is entirely battery-operated. With 7 hours of charge, it can run for 30 days. Till now she has sold 12 units. The wheelchair market in India is ₹800 Crores.
It has 3 liters of water stored which can help cleansing. The water can be used while urinating or defecating with jet spray.
Sahayatha wheelchair comes in 2 variations. Sahayatha 100 is ₹39,999 and Sahayatha 200 is ₹29,999.
Amit Jain was quite emotional about the product. He helped his grandmother during her immobility days. He didn’t even ask for sales of the product. He was the first one to give an offer. He offered the exact thing Sruthi asked. Which is ₹1 Crore in exchange for 10% of the company.
|Amit Jain, Aman Gupta, Namita Thapar, Peyush Bansal, Anupam Mittal – ₹1 Crore in exchange for 10%|
Anupam Mittal, Peyush Bansal, Aman Gupta & Namita Thapar were impressed with the entrepreneur. They also joined Amit’s offer.
|Founder Expertise||Bio-medical engineer|
|Asked Amount||₹1 Crore in exchange for 10%|
|Lifetime Sales||12 Units|
|Final Deal||₹1 Crore in exchange for 10%|
|Sharks||Amit Jain, Aman Gupta, Namita Thapar, Peyush Bansal, Anupam Mittal|
|Current Net Worth||₹10 Crores|
|Company Status||In Business|
Sruthi took no time to accept the deal. It was exactly what she asked for.