FlexifyMe Shark Tank India Season 3: Chronic pains are serious conditions that can ruin all your plans and these are strictly needed to be treated. One of the best ways is through Yoga but not everyone is able to go to Yoga classes. You do not need to worry now, as the Yoga classes can come to your home. FlexifyMe is an online Yoga classes platform that provides you with online sessions for your different problems. To learn more about FlexifyMe Shark Tank India Season 3, stay tuned with us till the end.
FlexifyMe Shark Tank India Season 3
FlexifyMe is an online Yoga classes platform that has certified Yoga masters to treat chronic pain like back pain, neck pain, shoulder pain, and many more. The founders of FlexifyMe presented their business model, products, and vision to the Sharks and they were all glad to know that they are doing a great thing.
FlexifyMe was started in 2021 with the aim of helping people get rid of chronic pain as it is a very common problem in people. The best way to treat such pain is physiotherapy and that is why FlexifyMe has started its different-level online Yoga classes to treat chronic pains like back pain, neck pain, shoulder pain, knee pain, and many more with modern technology. They have integrated physiotherapy with Yoga to deal with this massive problem and created customized programs to heal from the pain.
Founders Of FlexifyMe
Manjeet Singh and Amit Bhayani are the founders of FlexifyMe, an online Yoga classes platform that provides customized Yoga programs for your particular problem. The founders of FlexifyMe appeared on Shark Tank India Season 3 to promote their brand and raise some funds to grow their business.
Manjeet Singh completed his Bachelor of Engineering degree in Marine Engineering from Jadavpur University in 2005. Right after completing his educational journey he started working at Buddhatree Solutions Pvt Ltd as a senior developer and left the company in November 2006. After that, he joined IBM India Private Limited as a Senior Technical Consultant and then left in June 2008 to join MTN. After that, in November 2010, he joined Wari and left this company in August 2011 to step on his entrepreneurial journey.
In February 2013, he co-founded Pinig Tech Pvt Ltd and worked till March 2016 with the company. He has also worked as the Chief Executive Officer at Elucit Software Services Pvt. Ltd. from September 2009 to April 2016. At this time he co-founded Buddy4study.com and served the company as the CEO till November 2021. After surpassing a long journey of learning, the inception of FlexifyMe happened in August 2021.
Amit Bhayani completed his Bachelor of Engineering at Vidyasagar University in 2000. After completing his educational journey, he joined Infosys as a Programmer Analyst and then left in 2005 to join JBoss as a Principle Software Engineer. He worked here till July 2011 while in 2006, JBoss was acquired by RedHat. Now it was time to show the real potential.
In August 2011, he founded TeleStax which was later acquired by Mavenir. Amit Bhayani is the also founder of MoBitE Technologies which was incepted in 2008 and is still in operation. In February 2022, he joined hands with FlexifyMe as the co-founder.
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FlexifyMe Shark Tank Business Deal
FlexifyMe on Shark Tank India Season 3 episode aired on 6 March 2024. The founders of FlexifyMe presented their business model to the Sharks and asked for Rs 1 Crore for 2% equity.
The first offer was given by Namita Thapar which was Rs 50 Lakh for 2.5% equity and the rest of the Rs 50 lakh on debt at a 10% interest rate for 2 years. Another offer was given by Amit Jain which was Rs 50 Lakh for 1% equity and the rest of the Rs 50 lakh on debt at a 12% interest rate.
The founders gave a counteroffer for both the Sharks which was Rs 1 Crore for 2.64% equity but they both did not want to come together so Namita revised her offer which was Rs 50 Lakh for 1.32% equity and the rest of the Rs 50 lakh on debt at a 10% interest rate for 2 years and Amit also matched this offer.
The founders of FlexifyMe sealed this deal with Namita Thapar.
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Final Words
In this write-up, I have shared all the crucial details about FlexifyMe Shark Tank India Season 3 including the pitch, business, products, and founders. The founders of FlexifyMe have done a great job with their services and made the best use of technology. Chronic pain is a serious concern for each and should be treated seriously and this is what FlexifyMe is doing with extra care for people.
Hope this FlexifyMe Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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FAQs
Who is the founder of FlexifyMe?
Manjeet Singh and Amit Bhayani are the founders of FlexifyMe, an online Yoga classes platform founded in 2021 that provides customized Yoga programs for your particular problem.