Bio Medical Devices Businesses for Sale and Investment

Established player in the biomedical devices sector, operating from Chennai with a focus on servicing bio-medical equipment and consultancy services. - Currently employs a dedicated team of 8 skilled professionals committed to excellence in service delivery. - Recognized as one of the top 25 companies with innovative products by the Wadhwani Foundation CEO, highlighting its commitment to quality and innovation. - Signed MOU with VIT University, Vellore, and IITM for internship training programs for students, fostering educational collaboration and real-world experience. - Successfully served over 550 hospitals, showcasing a strong market presence and customer trust. - Maintains strategic partnerships with Original Equipment Manufacturers (OEMs) to ensure seamless device procurement. - The promoter brings 33 years of industry experience, having held key positions in leading hospitals and multinational corporations, enhancing business credibility. - Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance with legal frameworks within the industry.

The company is a bio-medical startup based in Mumbai with a current manufacturing capacity of 20,000 units and is seeking investment to scale marketing, distribution, and assembly. - The heart rate monitor is the top-selling product, with an average of 200 units sold per month through online channels such as the company's website and Amazon. Revenue sources are diversified, with 40% of sales revenue coming from Amazon and 60% from the company's website. The company utilizes Ship Rocket and Amazon for logistics. - The company's current sales are entirely business-to-consumer (B2C) - The company has garnered interest from Bridge Health and Fitterfly for the use of its product in BP reduction programs, showcasing the potential for further B2B partnerships. - The heart rate monitor is currently sold at an introductory price of INR 1,999 for the first 1,000 devices, with the regular price set at INR 3,499. The company aims to sell approximately 1 lakh units by the end of the year. - The product current has a +/- 2 points tolerance, which shows they are 98% accurate. - Collaborating with telemedicine doctors. - The company has currently outsourced manufacturing with a manufacturing capacity of approximately 20,000 units manufactured a month and we have our own testing and assembly rigs to avoid any leaking of design and work. - The business already has a ready stock of more than 10,000 units in inventory and is sending them for testing to its partners. - The business holds the necessary GST certificate & an ISO 13485 certificate.