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MemoTag on Shark Tank India: Offering Innovative & AI Wearable Caregiving Technology

MemoTag founder Reyansh Juneja appeared on Shark Tank India season 4 in episode 31 for seeking an offer of ₹ 50 lakhs for 5% equity at the valuation of ₹ 10Cr. How does this deal close here?

By Saroj Kumawat
New Update
Shark tank website (31)

MemoTag appeared in Shark Tank India Season-4  in Episode 31. Delhi-based Memotag is a proactive ecosystem for dementia caregiving. It is an innovative AI wearable caregiving technology that tracks physical and cognitive health. Its features are GPS tracking, geofencing, and fall detection. In this system, AI-powered vocal analysis for health predictions.

Reyansh Juneja is the founder of MemoTag. His dedication to quality, creativity, and customer satisfaction is at the heart of MemoTag's success. At Shark Tank India, he was seeking an offer of ₹ 50 lakhs for 5% equity at the valuation of ₹ 10Cr.

 Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.

MemoTag Valuation, Funding, and Company Profile

  

Company 

MemoTag 

Valuation 

INR 10 Cr.

Founder

Reyansh Juneja

Headquarters 

New Delhi, Delhi

Founding Year 

2020
Industry Services for the Elderly and Disabled

Profitability 

No

Got Investment 

No

Conclusion - MemoTag Shark Tank India

It was an engaging episode at Shark Tank India - Season 4 with all sharks: Kunal Bahl, Ritesh Agarwal, Anupam MittalNamita Thapar and Vineeta Singh, where he didn't secure a deal but received valuable mentorship to help grow their business MemoTag Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges. 

Also read-  Best Business Ideas Under 5 Lakhs in India for 2025.