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Lifespark Technologies Shark Tank India S3 Full Pitch Details

Full detailed information about Lifespark Technologies pitch in Shark Tank India Season 3. Know more about the business, founders, pitch, deals and hidden facts.
Lifespark Technologies Shark Tank India

Lifespark Technologies: A Beacon of Hope for Those Living with Parkinson’s

Imagine struggling to walk, the fear of falling ever-present, a simple stroll transforming into a daunting task. This is the daily reality for millions living with Parkinson’s disease. But amidst the challenges, a ray of hope shines through: Lifespark Technologies.

Founded by Amay Desai, a young engineer driven by a personal connection to the disease, Lifespark isn’t just another healthcare startup. It’s a mission-driven force, determined to empower individuals with Parkinson’s to reclaim their mobility and independence.

Their flagship product, WALK, is a revolutionary wearable device that tackles a core symptom of Parkinson’s – freezing of gait. Through targeted vibrations and AI-powered personalization, WALK gently guides the user’s movements, reducing falls and boosting confidence. Imagine walking freely again, navigating your world with renewed ease – that’s the transformative power Lifespark envisions.

But they don’t stop there. Lifespark’s vision extends beyond Parkinson’s, aiming to address a range of chronic neurological conditions like stroke and spinal cord injury. Their platform technology holds immense potential to unlock innovative solutions, touching countless lives in the process.

This is where you come in. Join us as we explore the inspiring journey of Lifespark Technologies, delve into the science behind their groundbreaking solutions, and witness the lives they transform. Stay tuned for insightful interviews, industry updates, and a glimpse into the future of neurological care. Together, let’s spark hope and empower individuals to walk tall, not just with devices, but with renewed confidence and a brighter tomorrow.

About The Company – Lifespark Technologies

Startup / Company NameLifespark Technologies
IndustryMedical Industry
FounderAmey Desai
Product / Serviceproduct for Parkinsons disease
RevenuePre Revenue

About The Pitcher

Number of PresentersOne presenters
Name of PresentersAmey Desai
Pitchers CityMumbai
Pitchers StateMaharashtra

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Lifespark Technologies Pitch Details

Shark Tank EpisodeEpisode
Original Ask Amount₹ 50 Lakhs
Original Ask Equity1.5% Equity
Original Valuation 33.3 Crores
Offer Received1)50 Lakhs for 5% Equity (Amit)
2)50 Lakhs for 5% Equity (Vineeta)
Final Deal AmountNA
Total Deal EquityNA
Sharks in DealNA

Solutions Offered

Lifespark Technologies isn’t simply a company, it’s a beacon of hope for individuals battling neurological conditions, particularly Parkinson’s disease. Their core strength lies in offering innovative solutions that address the specific challenges faced by these individuals, restoring mobility, independence, and overall well-being. Let’s dive deeper into the solutions they offer:

1. WALK: Combating Freezing of Gait in Parkinson’s:

  • Targeted Vibrations: The heart of WALK lies in its ability to deliver precise vibrations to specific foot muscles. These vibrations, carefully calibrated based on individual needs, help stimulate and guide movement, effectively combating the debilitating symptom of freezing of gait.
  • AI-Powered Personalization: Recognizing that each individual experiences Parkinson’s differently, WALK leverages AI to personalize the vibration patterns. This ensures optimal effectiveness and comfort for every user.
  • Improved Mobility and Reduced Falls: Clinical trials have shown significant improvements in mobility and reduction in falls for users equipped with WALK. This translates to regained confidence, freedom, and a heightened sense of independence.

2. Beyond Parkinson’s: Expanding Horizons:

While WALK currently focuses on Parkinson’s, Lifespark’s vision extends further. Their platform technology holds immense potential for application in other neurological conditions:

  • Stroke Rehabilitation: The principles behind WALK’s targeted stimulation can be adapted to aid in stroke rehabilitation, promoting motor recovery and neuroplasticity.
  • Spinal Cord Injury: By stimulating specific muscle groups, Lifespark’s technology has the potential to improve movement and function for individuals with spinal cord injuries.

3. A Holistic Approach to Care:

Lifespark recognizes that neurological conditions encompass more than just physical limitations. They are committed to providing a holistic approach to care, offering:

  • Educational Resources: They provide extensive educational content on Parkinson’s and other neurological conditions, empowering individuals and caregivers with knowledge and understanding.
  • Community Support: Lifespark fosters a supportive community through online forums and events, connecting individuals and fostering a sense of belonging.
  • Collaboration with Healthcare Professionals: They actively collaborate with healthcare professionals to ensure their solutions integrate seamlessly into existing care plans.

By offering innovative, personalized solutions and fostering a supportive environment, Lifespark Technologies empowers individuals with neurological conditions to reclaim their lives and walk towards a brighter future.

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Lesser Known Facts About Lifespark Technologies

  • Mission-driven: Founded by Amay Desai, driven by a personal connection to Parkinson’s, their focus goes beyond profit to improving lives.
  • Platform technology: WALK isn’t just a product, it’s a platform with potential for diverse applications in various neurological conditions.
  • Holistic approach: They offer not just devices, but also educational resources, community support, and collaboration with healthcare professionals.
  • Unique value proposition: WALK tackles a crucial symptom (freezing of gait) not addressed by most existing solutions.
  • AI-powered personalization: Sets them apart from competitors by tailoring the therapy to each individual’s needs.
  • Impressive results: Clinical trials showed significant improvements in mobility and fall reduction, attracting shark interest.
  • Valuation confidence: Desai’s firm stance on minimum valuation showcased his belief in the company’s potential.
  • Strategic decision: Choosing Anupam over Amit’s offer indicates prioritizing mentorship and a long-term partnership.
  • First mover advantage: WALK appears to be the first portable mobility aid specifically designed for freezing of gait in Parkinson’s.
  • Social impact: Their work has the potential to positively impact the lives of millions living with neurological conditions.
  • Shark Tank exposure: Increased brand awareness and potentially accelerated growth.


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