What Happened to Subhag After Shark Tank India?
What is Subhag?
Subhag is a brand that offers IUI kits. IUI means Intrauterine Insemination. This kit can be used at home. For infertility issues, an IUI kit is used. The kit can be used in 3 easy steps.
- The kit will track the ovulation time
- It will separate live and dead sperms
- It will inseminate properly
Previously all the steps were done in a hospital with the help of a doctor. But now, with Subhag, these procedures can be done at home.
There are multiple products in Subhag.
- Ovulation strip: This strip will track the insemination day
- VConceive: It’s a soft cup. With this cup, the insemination process becomes very easy
- Androwash: For sperm washing, this can be used.
Who is the Founder of Subhag?
Sohan Sahu, Vikram Rajput & Chandan Prasad are the founders of Subhag. Sohan Sahu & Vikram Rajput are from IIT Kharagpur. Vikram is the CEO. Sohan is the COO. Chandan is the head of operations.
Vikram faced this problem in his own life. That’s when he decided to help others solve this problem.
Equity split in Subhag
| Vikram | 65% |
| Sohan | 4% |
| Chandan | 2% |
| Investors | 29% |
Subhag Before Shark Tank India?
Vikram started the company in 2017. The research and development of Subhag was done in Germany. The first prototype was made in Germany.
There’s no competitor in this segment in India. Currently, 20 hospitals and 300 clinics are using their products.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹50 Lakhs for 1% equity in the company Subhag. Which gives the company a valuation of ₹50 Crores.
How much money did they raise for Subhag?
| Time | Money Raised | Valuation |
| 2019 | ₹1.5 Crores | ₹30 Crores |
How to get Subhag?
You can get all the products on their website.
Price of VConceive
| MRP | ₹8000 |
| Selling price | ₹5000 |
| Price to doctors | ₹4200 |
| Making cost | ₹500 |
Lifetime sales of Subhag
| VConceive | 3500 Units |
| Adnrowash | 20 Units |
The efficacy of the product is 16% in one attempt.
What are the Annual Sales of Subhag?
| Fiscal Year | Annual Sales |
| 2020 – 2021 | ₹37 Lakhs |
| 2021 – 2022 | ₹52 Lakhs |
| 2022 – 2023 | ₹12 Lakhs to date |
Which shark gave Subhag an offer?
Anupam Mittal was out. He didn’t think the CEO was fully committed to the business. That’s why he didn’t give any offer to Subhag.
Peyush Bansal was out. He didn’t align with the way the founders were operating the business.
Aman Gupta was out. He didn’t think the CEO was all in.
Vineeta Singh offered them ₹50 Lakhs for 1.67% equity in the company.
Namita Thapar offered them ₹20 Lakhs for 1% & ₹30 Lakhs debt at 10% interest.
| Offer 1 | Offer 2 |
| Vineeta Singh – ₹50 Lakhs for 1.67% | Namita Thapar – ₹20 Lakhs for 1% & ₹30 Lakhs debt at 10% interest |
What deal did Subhag get in Shark Tank India?
Subhag got a deal from Namita Thapar. The deal was ₹20 Lakhs for 1% & ₹30 Lakhs debt at 10% interest.
| Company Name | Subhag |
| Founder | Sohan Sahu, Vikram Rajput & Chandan Prasad |
| Asked Amount | ₹50 Lakhs for 1% |
| Final Deal | ₹20 Lakhs for 1% & ₹30 Lakhs debt at 10% interest |
| Shark | Namita Thapar |
| Company Net Worth | ₹20 Crores |
| Company Website | subhag.in |
| Company Status | In Business |
What is the net worth of Subhag?
After the Shark Tank India deal, the net worth of Subhag is ₹20 Crores.
Is Subhag still in Business?
Yes, Subhag is still in business solving infertility issues.
