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FinTech Startup Investment Opportunity in Mumbai, India

Fintech business focusing on facilitating lending to healthcare sector seeks investment for expansion.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 20 - 30 %
Industries FinTech
Locations  Mumbai
Local Time 3:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.4 million for 26.0% stake (Native Currency: INR 120,000,000)
Reason: Funding is required to expand operations, fund overheads, and build technology, and FLDG. Fintech is... View More
Includes physical assets worth USD 6 thousand
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Business Overview

- Financial services facilitating lending to healthcare sector.

- We have helped many people access the healthcare they need, and we are committed to making a difference in the lives of those who are most in need.

- Started operations in the last month of last year.

- We have an initial run rate of disbursing 20+ lacs per month.

- We have robust plans to disburse INR 5cr+ per month by the end of this year.

- Tied up with lending partners to fulfill lending requirements.

- Tie up with 15+ healthcare centers so far for facilitating patient finance.

- We have a captive healthcare IT services business with a base of 300+ healthcare centers.

- Our captive IT business helps us provide the required base for financial services as well.

- Thru our captive IT business we are touching the lives of more than 10M+ patients per year.

- We have very strong tie ups in place to boost our base to 10000 healthcare centers in the next 3 years.

- Promoters together have 30+ years’ experience in healthcare & 15+ years in banking.

- Possess GST and COI certificates.

Products & Services Overview

We act as an aggregator to provide medical Loans, mediclaim reimbursement.

Services are used by patients receiving treatments at healthcare centers.

Assets Overview

IT assets largely, and also hardware assets.

Facilities Overview

Lease-based office set up in Mumbai, Vile Parle.

Capitalization Overview

Self-funded business, total 3 shareholders, no debts, the shareholding percentage will be shared on introduction. No loans outstanding as such.

Recent Activity
  • Earlier than 15 days
    CEO, IT, San Francisco, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Managing Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
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15 Investors viewed this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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