New Delhi, January 23rd, 2023: The leading manufacturer of low-glycemic foods in India, Diabexy, recently made an appearance on Shark Tank India season 2, where they displayed their innovative product line and got great feedback. The business, which now has a team of over 35 people, has had a significant impact on the Indian market as well as on other continents.
The company stated that the goal of participating was to receive the appropriate valuation and to increase brand visibility for Diabexy on television in order to raise awareness about the potential of reversing diabetes.
On the show, Diabexy discussed their innovative strategy for managing diabetes, which combines education and self-control with the provision of low-glycemic food options and supplements. The company’s goal is to end diabetes in India by making its products accessible to everyone and offering support and services to those who are living with the condition.
“Being broadcast on national television was an exciting experience. The sharks and supporting personnel at Sony TV were very kind and soft-spoken. We discovered the value of coordinating efforts to reach a single objective. The benefit of our participation was that the sharks recognised the originality of the concept of low glycemic load foods and their influence on diabetes. Our products’ taste and packaging were positively received. The sharks were willing to invest money in the business. However, the company’s overall valuation fell short of our expectations, so we declined the offer. We were not in a rush to raise money at any price because the company is already a profitable enterprise,” said Mr. Lokendra Tomar, Diet Educator & Founder of Diabexy.
The Sharks were intrigued by Diabexy’s distinctive strategy and innovative product line. One Shark stated, “Diabexy is not just a food company; it’s on a mission to help people with diabetes and make a real difference in their lives.” The Sharks also recommended the business concentrate on its present product line rather than expanding its line of products.
“It was an honour to be able to display our product range on Shark Tank India and share our purpose with a wider audience. We are thankful for the opportunity and are motivated to continue to grow and have a positive impact in the fight against diabetes in India.” further added Mr. Tomar.
In India, which is known as the “diabetes capital of the world,” there are currently 72.96 million diabetics in the country, and by 2030, that number is projected to reach 100 million. The first step in controlling and preventing diabetes is understanding it. Notably, Diabexy organised seminars every Saturday between 4 p.m. and 5 p.m. in November in response to these worrying figures.
Diabexy is working to eradicate diabetes from India with the aid of education and discipline. The subjects are intended to broaden access to diabetes education to better the lives of those with the disease and eradicate it. By only enrolling on the website, anyone can participate in the workshop.
Diabexy has more than 390k followers on its YouTube channel and is selling their food products and supplements online on various marketplaces like Amazon, Flipkart, and their own website. Today, it is the largest manufacturer of low-carb food products in India and exports its products worldwide.
Diabexy is dedicated to making a positive impact in the fight against diabetes in India and is committed to providing low-glycemic food options and supplements to help people with diabetes and those looking to manage their blood sugar levels. With their focus on education and discipline, Diabexy is working to eradicate diabetes in India and positively impact millions of people’s lives.