The Renal Project is a Mumbai-based dialysis center founded in 2019, with its headquarters located in Vile Parle West, Mumbai, Maharashtra. In light of the COVID-19 pandemic, this startup has become crucial for kidney patients requiring hemodialysis treatment for chronic kidney disease.
The pandemic forced many service businesses to shut down, directly affecting kidney patients who rely on weekly dialysis to survive. To address this urgent need, The Renal Project was established to provide essential dialysis services.
The center offers three types of services: In-center Hemodialysis, Home Hemodialysis, and Ad-hoc Emergency Dialysis. Currently, 50% of their patients prefer in-center hemodialysis. The Renal Project is committed to providing affordable treatment options, making it a viable choice for patients who may struggle with costs at other dialysis centers.
Company Name | The Renal Project |
Founder | Shashank Moddhia |
Business | Dialysis center |
Asked For | ₹1 Crore for 6% Equity |
Final Deal | ₹1 Crores for 6% Equity |
Shark | Namita Thapar, Aman Gupta |
Episode (Shark Tank India) | S1 E13 |
Business Status | In Business |
Website | Visit Website |
Who is the Founder of The Renal Project?
The Renal Project addresses a significant problem in the healthcare sector. Founded in 2019 by Shashank Moddhia in Mumbai, this startup has been well-managed, bringing relief to many kidney patients.
Shashank Moddhia, the founder and CEO, was acutely aware of the challenges faced by kidney patients, which is why he took proactive steps to establish a dialysis center prior to the onset of the COVID-19 pandemic. His foresight allowed The Renal Project to respond quickly to the urgent needs of patients during this critical time.
Recognized as one of India’s fastest-growing entrepreneurs, Shashank Moddhia has received coverage from numerous media outlets. He comes from a biomedical engineering background, equipping him with the knowledge and skills necessary to navigate the complexities of the healthcare industry effectively.
The Renal Project Shark Tank India Update
The Renal Project has already achieved significant success, and with the arrival of Shark Tank India, the company aims to enhance its visibility and expand its reach across the country. Many people remain unaware of this vital startup, which is why they are seeking funding for marketing efforts throughout India.
For those in need of dialysis, The Renal Project is available to assist. You can find more information on their official website at therenalproject.com.
The startup has garnered a positive response on Shark Tank India, with the sharks praising its mission and impact. Notably, Shashank Randev of 100X.VC has invested in the venture, contributing to a total funding amount of $296.3K.