Nursing Home Seeking Loan in Nagpur, India

Company seeking to revolutionize senior healthcare, needs loan to complete acquisitions worth INR 5 crore.

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Nursing Homes
Locations	Nagpur
Local Time	10:04 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.9 / 10

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Seeking Loan

USD 400 thousand for 10.0% annual interest, 7 years (Native Currency: INR 35,000,000)

Reason: We need funds to complete acquisitions worth INR 5 crore. We need 70% of INR 5 crore i. e. INR 3.5 c... View More

Collateral Available: USD 0

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Name, Phone, Email

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Business Name

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User Verification

Documents

ROC-Verification.pdf (65.9 KB)

Business Overview

- Business that wants to create an ecosystem for assisted care living and senior healthcare.

- The company plans to acquire existing assisted living facilities and healthcare facilities to form its ecosystem.

- The negotiation for acquiring our first facility is underway.

- After completion of this acquisition we will generate an MRR of INR 20 lakh.

- The business is not yet generating revenue but our team is hard at work to complete the acquisitions and clock revenue.

- We are a private limited ROC registered company.

Products & Services Overview

We will offer all aspects of the senior care sector, this includes, assisted living, nursing homes, Alzheimer's care, rehabilitation centres, and hospice & palliative care facilities.

Assets Overview

No tangible assets with the business as of now.

Intangible assets include the website and domain.

Facilities Overview

We operate from a rented section of a coworking space in Nagpur.

Capitalization Overview

- 83% of the ownership lies with the founders while the remaining 17% is split among 6 shareholders; 4 of whom are directors and 2 are advisors.

Recent Activity

Earlier than 15 days
Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business

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Nursing Home Seeking Loan in Nagpur, India

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