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Founded by Rajat Jain, Sunfox Technologies has been making sturdy advances within the area of moveable ECG units with end-to-end software program assist. Manufactured utterly in Dehradun, the product can diagnose arrhythmia and heart assaults with 99.76% accuracy in comparison with gold normal machines utilized in ICUs in hospitals.
“Wearable devices today are mostly designed for countries where the availability of emergency services and senior doctors are high. This makes such devices unusable for Indian conditions, especially in remote rural India,” says Jain. Our machine and software program platform give complete first line of details about the guts in case somebody experiences cardiac issues or uneasiness. Any particular person close by can use it and switch the reviews to doctors whereas correct medical assist arrives,” he provides.
The product comprises solely three electrodes that may be positioned on the chest and could be linked to smartphones working Sunfox’s app, through their machine known as Spandan, which sends out ECG indicators to the smartphones for processing. “We have tested it from babies to adults, and in some cases on reptiles like crocodiles which gives us confidence in its accuracy. We also give a two year warranty which even the premium wearables do not give,” says Jain.
Sunfox has taken a frugal method to make the product moveable and reasonably priced. The machine doesn’t comprise any button and wishes web solely when the ECG report that’s generated by Sunfox’s app regionally on the smartphone must be shared. According to Rajat, the preliminary 4 years spent on R&D had been targeted on eradicating pointless components from gold normal units and making top quality electrodes that don’t produce a lot noise. With a number of patents granted for this product, the product at present sells for Rs 7,000-Rs 8,000 through e-commerce channels and customers can use the app for no further price for the lifetime of the product.
“The market is so big in India that our business is a volume game in reality. We have a minimum of 3 crore recorded cardiac patients and that in itself is a big market to cover. We don’t have to depend on returning customers,” says Jain. “We are trying to make this product much simpler and bring the price down to around Rs 3,000 to capture more market,” he provides.
In addition to promoting through e-commerce channels, the startup has partnered with three state governments the place main well being care centres and different medical divisions are utilizing the product. “Operational challenges still exist as we scale, especially if we are using public healthcare routes. We aim to solve that with our simpler product in near future while we continue to be best sellers on e-commerce platforms,” says Jain. So far, the startup has raised round $750,000 from angel buyers, VCs and from Shark Tank India buyers.
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