- Founder: Himanshu Rajpurohit
- Business: Healthcare Services
- Ask: ₹75 Lakhs for 1% Equity
- Valuation/ Networth: ₹75 Crores
- Funding: No Deal
- Sharks: No Deal
- Pitch: Youtube
- Episode: Season 4 Episode 2
Nexera.Health Shark Tank India Pitch:
Nexera.Health founder starts his pitch by sharing that 45% of the Indian population is considered Unhealthy. The company provides an end-to-end healthcare platform for corporates. Their offering includes a wide array of services like ambulance, diagnostics, Group Insurance, consultation & others. The company’s motive is to work on affordability, accessibility & efficiency. The founder sought an investment of ₹75 Lakhs in exchange for 1% equity in his company.
Nexera.Health is focused on creating visible ROIs for the corporates for visible retention. To execute this, they give HR access to the admin panel which helps track ROIs on their employees. Due to this, Nexera.Health has a retention 3X the times of global standards. So far, they have directly impacted over 6,500 employees.
Nexera.Health was started in June 2024. This was launched to solve the problems of corporates who lacked a one-stop solution for their healthcare needs. This also resolves the pricing issue and there was no centralized platform for employee data.
Nexera.Health’s biggest used option is their venting out where employees can talk to psychologists and vent out about life. Diagnostics is the second most used feature which also keeps track of past appointments and reports. The company’s Diagnostics and Telehealth team is paid on a per-minute or per-consultation basis. Their current team size is 17 people.
Nexera.Health’s Financials & Revenue during Shark Tank India:
Nexera.Health has made a revenue of ₹4.5 Crores in last 4 months. Preventative Care, Diagnostics & Tele-Health has been leading categories for revenue in the company. ₹2.4 Crores came from Preventative care, ₹1.5 Crores came from Diagnostics and the rest came from Tele-Health. HDFC bank is one of their biggest clients in India and they also have QUAS which is headquartered in Hong Kong.
The founder team has a term sheet of $1 million funding at $4 million post-money valuation which would bring their valuation to ₹33 Crores. This offer came from a Shanghai based family office.
Nexera.Health Shark Tank India Negotiations & Funding:
Namita Thapar was the first shark to go out because she felt like there was no differentiation in the business so she went out of the deal. Vineeta went out because she couldn’t understand which problem this business was solving. Kunal felt like this is a Nice to have service but not required. He added that business is not right for him to invest at this time so he went out of the deal as well.
Ritesh went out but he added that he would love to see him outside of the tank to help him out. Aman felt like the founder was still hungover from the success of his prior business therefore he went out as well. Nexera.Health went out of the tank without a deal.
Who is the founder of Nexera.Health?
Himanshu Rajpurohit founded Nexera.Health. He is 19 years old and he considers himself a serial entrepreneur as he started his journey when he was 13. He added that he has always built a business on the 3P formula, which is Passion, Purpose and Profits.
His first startup was BookABuddy which was an assistant booking platform for the Elderly and the physically challenged. They had to shut down that company because the co-founders didn’t want to pursue that further.
His second venture was SLSE which solved the supply chain problems for tier 2 businesses using technology. They made an app to resolve this issue for which they spent ₹1 Lakh and they scaled that business to monthly revenue of ₹1.5 Lakhs. He sold that company at 14.5 years old for ₹35 Lakhs.
He then started Asathi which was a furniture company which exported large amounts of furniture from India to Abroad. Himanshu was the sole owner of that company and he scaled it to $2.7 Million in Revenue. That company was acquired and Himanshu got $1.5 Million dollar exit from that.
How is Nexera.Health doing after Shark Tank India?
Our research on the Nexera.Health revealed that even though the company did not get a deal on Shark Tank India, Its appearance on the show would still have a positive impact on the business. You can check them out by clicking the website or click the Amazon button below to check other Shark Tank India Products!
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