7.7 / 10
 Secunderabad

Medical diagnostic devices manufacturing company with an innovative product seeking investment for product launch.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Medical Devices
Locations  Secunderabad
Business Overview
- We are a startup planning to manufacture blood sugar measuring machines.
- The business has not yet started operations and have been involved in research and development for the past 5+ years.
- We have always been dedicated to pushing the boundaries of innovation in healthcare.
- Over the years, we have seen remarkable success in developing cutting-edge solutions that have improved patient care, streamlined operations, and driven efficiency across the industry.
- Today, we stand on the cusp of a new.
Breakthrough - a product that has the potential to revolutionize healthcare delivery.
We are thrilled to introduce you to our latest innovation non-invasive blood glucose meters.
- This revolutionary product is poised to address the critical challenges within the healthcare sector including no blood, no pain, no needle, no prick, no spread of infection, and no bio-contamination.
- Our team of expert researchers, engineers, and healthcare professionals has worked tirelessly to develop the product, which is designed to make the life of a diabetic patient more comfortable with no pain and multiple tests at no cost.
- We have tied up with IIT Hyderabad and have been incubated by CFHE.
- We have finished the final testing stage and can launch the product within a year.
- Manufacturing will be done on a contract basis.
- Promoters have over 15 years of experience in the healthcare industry.
- The business has a registration certificate and the other licenses are yet to be applied for.
Products & Services Overview
We have a patented blood sugar testing device which can test blood sugar without having to draw blood from the body it is non-invasive.
Capitalization Overview
- The business is self-funded. - There are no loans or debts in the business. - The business has three founder directors and an appointed director to manage R&D activity. They all have equal shareholding.
Assets Overview
The assets include the prototype with the technology worth INR 50 crores. The intangible asset includes the patent worth almost INR 58 crores.
Partial Stake Sale
USD 600 thousand for 20.0% stake (Native Currency: INR 50,000,000)
Reason: Need funds for the product approval and launch. The investment amount is based on the financial requ... View More
Includes physical assets worth USD 6 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business