Eva Scalp Cooling Actually, Stemtech is part of the Medical Devices Business, which impresses the Shark Judge with its Medical Solution through Purpose Driven Pitch in Shark Tank India Season.
He accompanied the journey of Oncology and Cancer Patient Treatment. Business Entrepreneurship I have presented the solution for patient's relief from every point of view with the help of my technology, medicine and planning.
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Eva Scalp Cooling Business Vision
Eva Scalp Cooling Vision That is, under the Stemtech Medical Devices Business, he Cancer Patient Treatment Provide a palliative treatment to avoid the side effects of chemotherapy.
Eva Scalp Cooling Founder
Eva Scalp Cooling Founder – Raghuveer Surupa
Eva Scalp Cooling Founder- Raghuveer Surupa has graduated in Bachelor of Engineering (BE), in Electronics and Communications from Osmania University. After that he also did Post Graduation in Diploma in Management, Marketing and Operations from Indian Institute of Management, Ranchi.
He further developed his understanding of pharmaceutical and medical products in businesses like Roche, Pfizer for Research, Management and Licensing and Curation. Earlier, he was the founder of Dignite, which worked only for cancer patients.
In this business also they Medical Industry Business Entrepreneurship Got experience and through Stemtech Medical Devices he is presenting Eva Scalp Cooling.
About Eva Scalp Cooling – Stemtech Medical Devices Business
Stemtech Medical Devices – Eva Scalp Cooling Business Solution Through this, a Business Pitch has been presented about India's first Scalp Cooling System Manufacturing. This business has been started from April 2020.
It has been designed to protect cancer patients from the effects of hair loss which is common during chemotherapy and cancer treatment. He understands the cancer treatment process and its impact on the patient.
Medically comparing the treatment effect in the body with the regular body system, Scalp Cooling has been designed for hair loss prevention and for the relief of patients along with chemotherapy.
Shark Judges' Investment Guidance on Eva Scalp Cooling
Like every business, there were 5 Shark Judges present in the Eva Scalp Cooling Business Pitch. Eva Scalp Cooling Business Pitch to Shark Anupam Mittal, Shark Namita Thapar, Shark Aman Gupta, Shark Ritesh Agrawal and Shark Vineeta Singh. It is explained on the stage in the video.
Eva Scalp Cooling Shark Tank India Season 3 But when Stemtech Medical Devices Business Founder- Raghuveer Surupa says in the Business Pitch that Cancer Patients can be saved from hair fall, there is a lot of enthusiasm on the stage to be associated with this medical device.
The battle of Business Investment Offer was seen on the stage between Shark Namita Thappar and Shark Ritesh Agrawal regarding 2 Reference Contact and 2000 Reference Contact in Cancer Patient Treatment. But on Patient Perspective and Business Perspective, Business Pitcher gave all the answers with his Drashtikon.
To take the Eva Scalp Cooling Demo, Shark Namita Thappar wanted to understand how to use this product. Business Pitcher told all the sharks about this Eva Scalp Cooling Machine on Shark Tank India Season 3 Stage and explained its process. According to Shark Namita, this technology seems to be like Gel Pack, but Business Pitcher said that this technology is different.
He said that it is simple technology and also has a high price. But Shark Anupam Mittal said that this is right according to the medical machine industry. And Shark Namita believes that apart from the primary treatment of Cancer, it may prove costly.
Whether Eva Scalp Cooling Product is medically certified to give such a cold treatment to the patient or not. On this, the Business Pitcher of Eva Scalp said that all this process has been used only after obtaining all the proofs and medical certification.
Shark Anupam Mittal asked about the market size and all the Shark judges tried to understand about the business by answering questions about the figures. He also said that “Tap into Existing Demand, Don't go for Creating Demand” and Anupam is out of the deal due to market work. But after Shark Aman's offer, the deal is finalized by negotiating the offer with Shark Namita and Shark Ritesh.
Eva Scalp Cooling Business Statistics
- Eva Scalp Cooling Business was started in 2020.
- Eva Scalp Cooling Machine is currently available in 12 Hospitals. And till now more than 1000 Eva Scalp Cooling Sessions have been delivered to 5 states.
- This Eva Scalp Cooling Session takes 3 hours to 5 hours.
- In this effort to save hair fall of cancer patients, Eva Scalp Cooling Machine gives the result of -50% Efficacy.
- Hospitals charge ₹1500 to ₹4000 for this Eva Scalp Cooling Session.
- Other facilities like Eva Scalp Cooling Session are also available but their Lotus Design is patented. The price of this Eva Scalp Cooling Machine is ₹ 13 lakh and other machines are available for around ₹ 24 lakh.
- Eva Scalp Cooling Machine is One Time Sale, but Life of Cool Cap is around 50 hours and its price is ₹ 6000. A plan can be made to provide 4 Sessions Per Day through this machine.
Eva Scalp Cooling Sales
- FY 22 – 23 – ₹22.5 lakh
- FY 23 – 24 (Till Nov) – ₹59 lakh
- FY 23 – 24 Projected Sales – ₹1.2 Crore
Eva Scalp Cooling Expenses
- FY 22 – 23 – ₹1 crore
- FY 23 – 24 (Till Nov) – ₹85 lakh
Eva Scalp Cooling Loss
- FY 22 – 23 – ₹77.5 lakh
- FY 23 – 24 (Till Nov) – ₹26 lakh
- Money In Bank – ₹1.2 crore
- Eva Scalp Cooling Gross Margin -85%
Eva Scalp Cooling Amount Raised – (Valuation – ₹17 Crore)
- July 21 – ₹25 lakh
- July 22 – ₹75 lakh
- May 23 – ₹1.5 crore
- Total Amount Raised – ₹2.5 Crore
Eva Scalp Cooling Shark Tank India Deal
Eva Scalp Cooling Business Final Deal – ₹30 Lakh for 1.8% Equity, Valuation – ₹16.67 The deal was finalized with Shark Namita Thapar, Shark Aman Gupta, and Shark Ritesh Agrawal at Rs.
| Eva Scalp Cooling Shark Tank India Episode Number | Shark Tank India Season 3, Episode 11 |
| Eva Scalp Cooling Shark Tank India Episode Air Date | 5 February 2024 |
| Eva Scalp Cooling Founder's Name | Raghuveer Surupa |
| Eva Scalp Cooling Ask in Shark Tank India | ₹30 lakh for 1.2% equity |
| Eva Scalp Cooling Deal in Shark Tank India | ₹30 lakh for 1.8% equity |
| Eva Scalp Cooling Investors From Shark Tank India | Namita, Aman, Ritesh |
| Eva Scalp Cooling Official Website | Eva Scalp Cooling |
| Eva Scalp Cooling Review | Eva Scalp Cooling Review |
| Eva Scalp Cooling Company Valuation | ₹16.67 crore |
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Conclusion
Eva Scalp Cooling In fact Stemtech Medical Devices Business Along with the journey of Raghuveer Surupa, the entrepreneurial journey is also full of struggle.
In AIcars Business also we saw the beginning of the business after many years of research. When you choose a business, you should also understand the lesson of patience for this business industry. To move ahead in this business by calculating the Risk Proportion and Potential, you should take the help of these business pitches and organize events.