Business Overview
- Pharmaceutical marketing firm operating in the eye care segment, headquartered in Mumbai, India.
- The company has a total of 21+ products, with its top-selling products being tears eye drops, and antioxidant tablets.
- The revenue model is based on marketing products to ophthalmologists, with patient sourcing through retailers upon prescription.
- The company has a substantial market presence, meeting with 2000+ ophthalmologists every month and generating a ARR of 2.5 crore.
- Operates with a business-to-business model, distributing its products through 50+ distributors in Mumbai, Maharashtra & Goa who in turn supply to pharma retailers, resulting in an average of 60 to 70 orders per week.
- The manufacturing of products is outsourced to two manufacturers under the company's own brand.
- The promoter of the company has 15 years of experience in the pharmaceutical industry.
- Business has a Drug License.
Products & Services Overview
Products include eye drops variants for dry eyes, antibiotic, antibiotic-steroid, anti-allergic and antioxidant tablets & syrup. OTC product such addcool gel eye mask which are listed on e-commerce website.
Top selling products are lubricating eye drops and antioxidant tablets.
B2B business model - supplied to distributors.
Capitalization Overview
Self-Funded & National Bank CC.
Debts/ Loans can be discussed in personal meeting or on call.
Total no of shareholders is 4.
Assets Overview
Tangible:
Stock valued at INR 1.25 Crore.
Market outstanding: INR 25 Lakhs.
Intangible assets:
Registered brand names.
Brand equity with doctors.
Seeking Loan
USD
113 thousand
for
24.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason:
Reason for raising the fund:
1. Expansion of Operations to Karnataka, MP and Chattisgarh.
2. Launc...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
142 thousand
Interested to connect with advisors
In talks with 3 Investors