From Rs 10 lakh to Rs 50 lakh sales every month; how these Namita Thapar-backed start-ups are acing healthtech industry

Over the years, India’s healthcare industry has undergone significant changes. However, it continues to be under-penetrated. The first and second seasons saw entrepreneurs in India come up with innovative solutions to the Indian health tech market. 
 
Spandan, and Janitri are two of the most popular. Spandan produces pocket-sized ECGs that help heart patients, and can even detect possible heart problems. Janitri makes medical-grade devices for fetal and mother monitoring. 
 
Namita Thapar shared an update about the performance of both start-ups in a post she made on LinkedIn, a professional networking site. She wrote, “Today I met with 2 incredible Shark Tank founders at our Emcure office in Mumbai. Rajat Jain from Season 1 with the portable ECG device & Arun Aggarwal from Season 2 with the device for high-risk pregnancy. Both have gone from sales of 10 lakhs a month to currently 50 lakhs a month, which is merely the beginning of what promises to be a remarkable & impactful journey!”
 
Jain and Aggarwal founded Spandan, and Janitri, respectively. She shared with us how Janitri saved several visitors to Kedarnath.
 
“I promised them Emcure networks & today they met with our Emcure senior leaders to discuss further ways to help them scale through these connects. But what was even more inspiring was their sense of purpose. Rajat worked with Emcure last year at Kedarnath for a detection camp that significantly reduced cardiac incidents & has bigger plans for this year’s camp. Arun’s eyes light up when he speaks about his vision to change statistics around maternal mortality. It is truly a privilege to be a part of the journey of such young & driven founders !” she explained. 

Spandan won a sharks deal worth Rs. 1 crore in the first edition of Indian Business Reality TV Show. Spandan’s revenue increased 40x following the broadcast of the episode. 
 
Thapar is the Executive Director for Emcure Pharmaceuticals based in Pune. He invested Rs. 1 crore to get 2.5 per cent of Janitri’s equity in Season 2 of the reality TV show that aired this year. 
 
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