Build story · India · Shark Tank India Season 1
Sunfox Technologies Shark Tank India: deal, valuation & business model
A med-tech company making a pocket-sized ECG device so heart checks can happen outside large hospitals.
By Shivam Bhandari · Reviewed 31 October 2026 · How we write
by the numbers
- Deal
- ₹1 crore for 6% equity
- Implied valuation (equity portion)
- about ₹16.67 crore
- Season
- 1 (aired 20 December 2021 – 11 February 2022)
- What they sell
- Portable ECG device (Spandan)
What happened
Sunfox Technologies developed a portable ECG device that connects to a smartphone, aiming to make heart tests available to clinics, pharmacies and homes where full ECG machines are rare.
Medical devices need regulatory approval, clinical validation and doctor trust. Affordable diagnostics can reach huge underserved markets, especially in smaller towns.
On Shark Tank India Season 1, Sunfox Technologies closed a deal of ₹1 crore for 6% equity. The equity portion implies a valuation of about ₹16.67 crore for the business.
Timeline
- 2021–22
Pitched on Shark Tank India Season 1.
- Deal
₹1 crore for 6% equity.
the lesson
Making diagnostics portable and affordable can reach patients that traditional equipment never did.
Apply it to your business
- 1Look for expensive equipment you could make portable.
- 2Invest early in certification and validation.
- 3Design for the settings where access is lowest.
Laws at work in this story
Figures are rounded and drawn from public reports, company filings and widely cited coverage at the time. Check the company's latest filings before relying on any number.