From Parul University PIERC & IIT Roorkee to Shark Tank India to Global Markets: How Rehabveda Scaled with PIERC at Parul University

Rehabveda moved from five years of R&D at IIT Roorkee to a nationally televised Shark Tank India Season 5 deal with Namita Thapar and Mohit Yadav. The startup operates a…

From ISRO and DRDO to Neurotechnology - A founder’s journey!

February 27, 2026 | yash shukla |

●      R&D Phase – 5 years of EEG research and product development

●      Pre-Seed – ₹50 lakh from IIT Roorkee

●      Government Grant – ₹10 lakh from DST (Dept. of Science & Technology)

●      National TV – Shark Tank India Season 5 – deal with Namita Thapar & Mohit Yadav

●      PIERC – Startup Growth Pad Program, Parul University

●      Global – USA (Florida), Singapore, Europe – active operations

●      Infrastructure – 17,000 sq ft facility under construction in Ahmedabad

●      Awards – Best Tech Startup (Shilp Fest), QS Bronze (London), CES 2025 Finalist

Rehabveda’s founder built foundational expertise in robotics and AI through work with the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO), developing radar and satellite imaging technology. This systems engineering experience provided the technical foundation for transitioning into clinical EEG-driven rehabilitation technology.

Shark Tank India’s Recognition

Rehabveda appeared on Shark Tank India Season 5. The startup received funding from Namita Thapar and Mohit Yadav

Head here to watch the entire episode – Watch Shark Tank India Season 5 on Sony LIV

Business Models & Revenue Integration

Direct-to-Consumer (D2C)

The R1 Kit – EEG headband and pneumatic glove – is sold directly to stroke patients and caregivers at approximately ₹12,00,000 through digital channels. The Neuron mobile app operates on a recurring subscription model at ₹1,000/month, providing neurofeedback training, guided exercises, cognitive activities, and progress tracking.

B2B2C - Hospital and Clinic Partnerships

Rehabveda has established partnerships with hospitals, physiotherapy clinics, and neuro-rehabilitation centres, distributing through medical device networks. This B2B2C model broadens access by embedding the R1 within existing healthcare infrastructure – patients encounter the device through their treating institution rather than through direct consumer marketing.

Market Opportunity: The Numbers Behind the Business Case

  • India: ~1.8 million new strokes/year (Rehabveda data), concentrated urban rehab infrastructure.
  • Global: ~20 million new strokes/year; ~101 million living with long-term effects.
  • The rehabilitation market rewards solutions that combine clinical efficacy with at-home accessibility.

Give wings to your ideas and enroll into Parul University’s MBA in Entrepreneurship & Innovation Course!

The Parul University Support System

The Growth Pad Program is specifically designed for product-stage startups who are all set to begin their journey. In the same system, it provides:

  • Proper guidance from industry experts.
  • From funding to finalization, there’s an entire process that takes place.
  • Access to Parul University’s faculty network, FabLab, and infrastructure.
  • Chances of international networking via venture capital firms, angel investors, and institutional partners.

PIERC also functions as a nodal institution under Gujarat’s startup policy, bridging innovators with state government support and making its resources accessible to entrepreneurs beyond the university campus.

PIERC official website and program applications

Parul University EDC and PIERC overview

Vadodara Startup Studio by PIERC

Awards and Recognition That Validate the Trajectory

  • Best Technology Startup – Shilp Startup Fest 2.0, presented by Sonu Sood.
  • Bronze Prize – QS Reimagine Education Awards, London.
  • Finalist – MJF India Pavilion at CES 2025, Las Vegas.
  • Shark Tank India Season 5 – deal with Namita Thapar and Mohit Yadav.
  • PIERC Startup Growth Pad Program – Parul University, Vadodara.
  • Pre-seed investment and incubation – IIT Roorkee Innovation Ecosystem.
  • ₹10 lakh grant – Department of Science & Technology, Government of India.
  • Patent filed – Application No. 202521010955.

The Research & Execution Team

Well-read and researched team of Rehabveda, they’ve 10 members including founders and a co-founder with computer science and entrepreneurship background, physiotherapists, sales and marketing personnel. From start to end, they all sync up mutually and aim for the best results for patients!

Frequently Asked Questions

+ What deal did Rehabveda receive on Shark Tank India?

Yes, they appeared on 5th season of Shark Tank India and have received fundings from Namita Thapar (Emcure Pharmaceuticals) and Mohit Yadav (Minimalist).

+ How is Rehabveda funded?

Rehabveda has received ₹50 lakh in pre-seed investment from IIT Roorkee, a ₹10 lakh grant from the Department of Science & Technology (Government of India), and investment through Shark Tank India Season 5. The company is pursuing additional funding as it scales globally.

+ Is Rehabveda profitable?

The source material does not disclose profitability status. The company operates dual revenue streams (D2C device sales at ~₹12,00,000 and ₹1,000/month app subscriptions) and is investing in global expansion, regulatory approvals, and a 17,000 sq ft Ahmedabad facility.

+ Can Parul University students work with PIERC (Parul Innovation & Entrepreneurship Research Centre) incubated startups?

Yes. PIERC's - Parul Innovation & Entrepreneurship Research Centre programs are open to students, alumni, and external participants.

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