xStep Device Amazes Shark Tank India 5 Judges, Secures Funding for Paralysis Treatment

• Bengaluru-based entrepreneur Dr. Parag Gad pitched xStep, a mobility device for non-invasive treatment of paralysis and cerebral palsy, on Shark Tank India 5.
• Developed over 17 years, xStep aims to help 25 lakh children in India suffering from cerebral palsy and has supported soldiers in Ukraine.
• During a live demo, the device was tested on Vineeta Singh, whose fingers moved involuntarily, astonishing the sharks.
• Namita Thapar, Vineeta Singh, and Kunal Bahl jointly offered Rs 1 crore for 10 percent equity, which Parag accepted after countering for 6 percent.
• xStep, currently manufactured at Rs 46,000 and sold at Rs 3 lakh, aims to reduce production cost to Rs 20,000–25,000 with higher volume.

Why It Matters: xStep, a revolutionary mobility device, secured funding on Shark Tank India 5 for its non-invasive paralysis treatment.