The first disposable urine flow test kit PFlow was recently featured on Shark Tank India 2, know about its founder
Find out more about the company and its experience on the show.
Season two of Shark Tank India has totally taken over the Indian television industry and has dominated the conversations everywhere from online to offline.
Like the first season, the “sharks” on the show invest in new and budding companies and help owners to further develop their businesses. However, this season is special as it features many well-known companies based on their own inventions.
PFlow in Shark Tank India owner, founder, revenue, valuation, deal, net worth in 2023
While most of the businesses on the program are involved with certain services and goods, several are also developing original innovations that will simplify our lives. PFlow, a pharmaceutical firm that makes tools for detecting prostate and urine infections, is one of them.
The company was not only featured on the show but also successfully secured an investment from the sharks. Since then, it has become the talk of the town with many people trying to find out more about it. So, let’s find out everything about it:
More about PFlow
PFlow is a urology innovation that will benefit millions of patients in wheelchairs and bedridden individuals who have urinary infections.
This is the first disposable and conventional kit in the world, also known as a conventional urine flow test. This is a ground-breaking advance in renal disease management. It allows for convenient urine testing at home.
It was founded by Dr. Ashish Patil and Dr. Preeti Patil. Dr. Ashish has twice held the Guinness World Record. He has surgically operated on the biggest kidney as well as 1,72,155 kidney stones.
PFlow Business has developed 43 technologies thus far and has 18 patents. It costs $1000 for 3 tests and has a 95% accuracy rate.
Their experience on Shark Tank India Season 2
Sharks Amit Jain and Namita Thapar make the initial offer of Rs. 60 lakhs for 10% equity, valuing the firm at Rs. 6 crores. Business Pitcher, however, counters the offer with Rs. 60 lakhs for 3% equity, valuing the company at Rs. 20 crores.
Soon after, both sharks amended their offers and offered Rs. Rs. 60 lakhs for 8% equity, valuing the company at Rs. 7.5 crores. They soon arrived at Rs. 60 lakhs for 6% equity, making the company valued at Rs. 10 crores. The deal is finalized for Rs. 60 lakhs for 6% equity by the business pitcher.
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