XSTEP on Shark Tank India: non-invasive neuromodulation

xSTEPappeared in Shark Tank India Season-5.
The non-invasive neuromodulation device XStep is designed to help treat paralysis and other neurological conditions, such as cerebral palsy and multiple sclerosis, by delivering painless electrical stimulation to the spinal cord. 

Founded by Dr. Parag Gad, SpineX is based in the United States and focuses on developing non-invasive spinal cord stimulation technologies for neurological disorders. The company is actively involved in ongoing clinical studies to further evaluate the efficacy and safety of non-invasive spinal neuromodulation therapy. 

During the pitch, the Founder asked for 1 Crore for 1% Equity and received counter offers from Kunal Bahl, Namita Thapar, and Vineeta Singh. The deal was ultimately closed at ₹1 crore for 10% equity at the valuation of INR 100 Crores

MYPB Valuation, Funding, and Company Profile

Conclusion- xSTEP On Shark Tank India S5

• Ask: ₹1 Crore for 1% equity
  
  

• Counter offers received from Kunal Bahl, Namita Thapar, and Vineeta Singh
  
  

• Final deal closed at ₹1 crore for 10% equity

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