Season 1
Spandan Legacy 4.0
Home ECG device from Sunfox's Spandan range, sold with a companion app. The store lists it with a limited-time price.
₹6,999as of 20 Oct 2026
Available
Sunfox Technologies
Clinical-grade ECG for home, clinic and hospital
Dehradun-based medtech company behind the Spandan family of smartphone-connected ECG devices. It sells home, clinic and hospital versions and has raised venture funding since its Shark Tank India appearance.
FoundersArpit Jain, Nitin Chandola, Rajat Jain, Sabit Rawat & Saurabh Badola
Pitch & term sheet
Shark Tank India Season 1 · Episode 25 · Aired 21 Jan 2022 · Pitch #80
DealClosing not reported
PitchedSpandan pocket-sized ECG device
Sunfox showed Spandan, a pocket-sized ECG device that pairs with a phone. All five sharks on the panel backed it, taking a larger stake than the founders had offered.
Founders' ask
₹1 Cr
for 2% equity
Deal accepted on air
₹1 Cr
₹1 Cr for 6%
Implied valuation
₹16.67 Cr
Deal terms (ask implied ₹50 Cr)
Implied valuation is calculated by PitchBase Global as cash ÷ equity share and excludes debt. An offer accepted on television is subject to due diligence and may change or not close.
Sharks on the panel
Documented offers
- Accepted on air
1.Anupam Mittal, Namita Thapar, Peyush Bansal, Vineeta Singh & Ghazal Alagh
₹1 Cr for 6%
After the show
Closing not reported
We have not found a reliable published report on whether this investment closed after filming.
Partially verifiedLast checked 20 Oct 2026
Products & where to buy
Company timeline
2016
Company founded
21 Jan 2022
Pitched on Shark Tank India
Raised 1 crore for 6% equity from five sharks.
28 Aug 2024
Pre-Series A round
About 15 crore rupees led by Venture Catalysts, as reported by Entrackr.
Oct 2026
Series A round
7 million dollars reported by Digital Health News in October 2026.
Founders & leadership
Arpit Jain
Co-founder
Nitin Chandola
Co-founder
Rajat Jain
Co-founder
Sabit Rawat
Co-founder
Saurabh Badola
Co-founder
Sources
- 1.Sunfox Technologies raises Rs 15 Cr led by Venture Catalysts
Entrackr · Published 28 Aug 2024 · Accessed 20 Oct 2026
- 2.Medtech startup Sunfox Technologies raises $7 Mn in Series A round to expand its footprint
Digital Health News · Published 8 Oct 2026 · Accessed 20 Oct 2026
- 3.Shark Tank India: business pitches that got all-shark deals
DailyO · Published 9 Feb 2022 · Accessed 20 Oct 2026
- 4.Sunfox Technologies official website
Sunfox Technologies · Accessed 20 Oct 2026
- 5.Sunfox store - Spandan ECG devices
Sunfox Technologies · Accessed 20 Oct 2026
- 6.List of Anupam Mittal Investments: Companies Funded by Shark Tank India's 'Gyan Nath Ji'
StartupTalky · Published 15 Sept 2025 · Accessed 20 Oct 2026Recap blog / aggregator
- 7.Shark Tank India (TV Series) - Episode list, 2022
IMDb · Accessed 20 Oct 2026Community or derivative listing
- 8.Shark Tank India - episode guide
TVmaze · Accessed 20 Oct 2026Community or derivative listing
- 9.Alpino Health Foods, Spandan, PawsIndia Shark Tank India Episode 25
Shark Tank India In Hindi · Published 21 Jan 2022 · Accessed 20 Oct 2026Recap blog / aggregator
- 10.Shark Tank India season 1
Wikipedia · Accessed 20 Oct 2026Encyclopedia (lead only)
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