Prashant Chamarty (DiabaFight)
Entrepreneur: Prashant Chamarty
DiabaFight provides a low-cost medical device which measures the body temperature, skin tone, movement and sweat output to predict hypoglycaemic attacks (a complication of Type 1 Diabetes). It cautions the users about the impending attack and alerts them to take precautionary measures. The device can be worn on the wrist or on the arm and will monitor and alert the wearer of changes in the human body.
Diabetes is a worldwide phenomenon and DiabaFight is intending to cater to the needs of a wider public at a lower cost. As per the World Health Organisation (WHO), more than 220 million people worldwide have diabetes. They further predict that diabetes-related deaths will double between 2005 and 2030. In the UK, the cost of portable diabetic solutions is high, so this low-cost solution will be much cheaper and smaller than the solutions currently available in the market. The business takes a social approach towards marketing and feels that the price and design make the business self-sustainable in terms of acceptability and revenue.
Elevator Pitch Video
You can watch Prashant's winning elevator pitch video again in the video player in the top right hand corner of this page.