Small Medical Implants Company Investment Opportunity in Chennai, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 14 thousand |
Run Rate Sales | USD 14 thousand |
EBITDA Margin | Nil |
Industries | Medical Implants |
Locations | Chennai |
Local Time | 12:01 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Innovative wheelchair solution: Developed a groundbreaking wheelchair with integrated defecation cleaning and hygiene features, addressing the specific needs of the mobility-impaired population.
- Patent portfolio: Secured a strong intellectual property position with 7 filed patents, encompassing both design patents and trademarks, establishing the company as a leader in healthcare technology innovation.
- Positive impact: Already improved the lives of 250+ individuals with mobility challenges, demonstrating a tangible and positive impact on the quality of life for the target demographic.
- Product pipeline: Currently working on the development of a mass-market wheelchair priced at Rs 15,000 and a motorized chair with defecation support, showcasing a commitment to continuous innovation and expanding product offerings.
- Strong financial model: Boasts a robust financial model with a gross margin exceeding 40%, ensuring an attractive return on investment for stakeholders and investors.
- Customer satisfaction: Proven track record of delivering high levels of customer satisfaction throughout India, contributing to the rapid acceptance and adoption of innovative solutions.
- Shark Tank success: Distinguished as one of the few companies to secure a 5 Shark Deal on Shark Tank India, underscoring the business's viability and appeal to seasoned investors.
- Global recognition: Acknowledged and accepted by the Australian government, indicating the company's potential for international success and recognition beyond the domestic market.
- 80% of revenue generated through B2B sales.
- Company currently operating at break-even. All other details will be disclosed after the introduction.
Wheelchair with integrated defecation cleaning and hygiene features, addressing the specific needs of the mobility-impaired population.
Office furniture, printers, laptop 2, PC 2nos, machinery 3D printer, mechanical and electrical tool kit, packing tools, grinding machine.
It will be answered after the introduction.
2 shareholders with a 90-10 split.
Business is funded by grants and loans by BIRAC and DST. Currently, funds are through loans by the Department of Science and Technology.
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Earlier than 15 daysDirector, IT, Hyderabad, Corporate Investor / Buyer connected with the Business