Source : newsmeter
VivaLyf Innovations is a Hyderabad-based healthcare startup that aims to address critical healthcare challenges through innovative, accessible, and affordable solutions.
Known for its flagship product, the EzLyf non-invasive glucometer, the company has gained significant attention, including securing funding on Shark Tank India.
VivaLyf Innovations focuses on providing cutting-edge healthcare solutions. Their services include:
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: The EzLyf glucometer eliminates the need for painful blood pricks by offering a painless and portable solution to monitor blood glucose levels.
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: Products are designed to be cost-effective, making them accessible to individuals across all income groups.
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: The EzLyf device integrates with a mobile app for real-time glucose monitoring, doctor consultations, and report sharing.
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: The app supports regional languages, voice assistance, and test reminders for user convenience.
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Measures blood glucose levels within 60 seconds.
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Accuracy of 94–97%.
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Portable and user-friendly design.
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Cloud-based app integration for instant reports and doctor consultations.
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Reports available in regional languages with voice assistance.
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: 4000 Rupee.
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VivaLyf Innovations participated in Shark Tank India Season 1 and secured funding of INR 56 lakhs for a 33.33% equity stake from investors Peyush Bansal and Anupam Mittal.
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The company impressed the Sharks with its innovative approach to solving diabetes management challenges.
| Attribute | Details |
|---|---|
| April 14, 2021 | |
| Hyderabad, Telangana, India | |
| Healthcare | |
| ₹1.50 million | |
| ₹0.11 million | |
| Duvvuru Varshitha and Vimal Kumar |
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As of FY 2022, VivaLyf Innovations has maintained steady financials with no significant changes in revenue or profitability.
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The company’s valuation increased following the Shark Tank investment.
VivaLyf Innovations has received positive feedback for its innovative approach to diabetes management. Customers appreciate the painless testing method and affordability of the EzLyf device.
VivaLyf addresses the pain and inconvenience associated with traditional blood glucose monitoring by offering a non-invasive solution that is both affordable and easy to use.
The EzLyf glucometer provides blood glucose readings with an accuracy of 94–97%.
The company raised INR 56 lakhs for a 33.33% equity stake from Peyush Bansal and Anupam Mittal.
The company was founded by Duvvuru Varshitha, a Type 1 diabetic since childhood, and her co-founder Vimal Kumar.
Yes, the device’s app offers reports in regional languages along with voice assistance.
VivaLyf Innovations continues to make strides in healthcare technology by focusing on customer-centric innovations that ease the lives of millions of diabetics worldwide.
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