VivaLyf Innovations, featured on *Shark Tank India* Season 1 Episode 8, is a pioneering startup focused on addressing significant healthcare challenges through innovative science and technology.
The company aims to tackle pressing health issues arising from environmental changes and modern lifestyles by leveraging advances in Medtech and Healthtech. VivaLyf Innovations is dedicated to extending human life and improving health outcomes with cutting-edge solutions.
Company Name | VivaLyf Innovations |
Founder | Vimal Kumar R N, Duvvuru Varshitha |
Business | VivaLyf Innovations collaborate innovative science & technology |
Asked For | ₹56 Lakhs for 7.5% Equity |
Final Deal | ₹56 Lakhs for 33.3% Equity |
Shark | Peyush Bansal & Anupam Mittal |
Episode (Shark Tank India) | S1 E8 |
Business Status | In Business |
Valuation | ₹7.47 Crores |
Website | vivalyf.in |
Who Are The Founder of VivaLyf Innovations?
VivaLyf Innovations, a unique startup dedicated to addressing complex health issues, was founded by Vimal Kumar and Duvvuru Varshitha.
Vimal Kumar is an Electrical and Electronics Engineer who brings technical expertise to the company.
Duvvuru Varshitha is a research and development specialist, contributing her deep knowledge and innovative ideas to the startup.
Together, they combine their skills to create groundbreaking solutions in Medtech and Healthtech.
What Happened To After Shark Tank India?
The story of founder Duvvuru Varshitha has been quite inspiring, garnering interest from the Sharks on Shark Tank India. For the Easy Life product, Duvvuru sought 7.5% equity for ₹56 lakh.
Founded in Hyderabad, Telangana, with an initial capital of ₹1,00,000, VivaLyf Innovations is recognized under the Startup India scheme by the Ministry of Commerce and Industry, Government of India. On December 20, 2020, the startup successfully raised ₹750,000 in a funding round.