Hyderabad startup gets funding at Shark Tank India
Hyderabad: One more Hyderabad-based startup has secured funding at the Shark Tank India programme being aired on Sony TV.
University of Hyderabad incubated startup VivaLyf Innvoations has got a funding from Peyush Bansal, founder and CEO of Lenskart and Anupam Mittal, founder and CEO of People Group on Shark Tank India.
Founded by Duvvuru Varshita and Vimal Kumar, the startup’s first product is a easy-to-use and low-cost non-invasive Glucometer called EzLyf. The tiny Glucometer connects to the smartphone and provides actionable diagnostic information, a release said.
“Traditional blood sugar monitoring methods are expensive and inconvenient and currently there is no pleasant way to regulate blood sugar levels at a low cost and we want to change that. EzLyf is a more configurable, inexpensive, and painless plug-and-play glucose monitoring system,” Varshita says.
The startup was the second runner-up in the EMPOWER-2021, Accelerating Women Entrepreneurship competition and won the TiE Women Global Pitch-2021 in Hyderabad. They represented Hyderabad as one of 42 finalists at the TiE Global Pitch Competition in Dubai. They also won the NITTE healthcare innovation hackathon and were named in AIM-NITI Aayog’s top nine prospective healthcare start-ups for 2021.
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