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Bio Medical Devices Company Investment Opportunity in New Delhi, India

New Delhi-based biomedical device manufacturer and distributor with a patent product, seeking funds for marketing.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 120 thousand
EBITDA Margin 20 %
Industries Bio Medical Devices
Locations  New Delhi
Local Time 2:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 250 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: Funds will be used for Phase 2 of product development and operational activities, and marketing of t... View More
Includes physical assets worth USD 2.5 million
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Business Overview

- Our business is a startup company that the first Indian paper-based nano-sensor device, which will detect bacterial infection and antibiotic resistance in 90 minutes.

- Company has done 2 and a half years of product research and development before deploying it to Phase 1 testing of product trial and safe use.

- Our products are used by our new clients some of which have provided us grants for the phase 2 product developments.

- Some of our reputed clients are LG electronic and IIT Delhi, and several hospitals.

- We have sold out our products in the last 4 months.

- Business has received 4 grants from IIT Delhi, FDI, and many more worth INR 1 crore.

- We have medical pieces of equipment which are imported from Germany and Sweden for our medical research and product research.

- Our products were first sold for INR 1,200 per 100 ml bottle, but due to the covid situation, we decide to cut the cut to INR 899 per 100 ml bottles.

- The promoter has 8 years of experience in the biomedical devices business.

- Our business has not taken any kind of business loan and does not have any outstanding balance so far.

Products & Services Overview

We provide paper-based devices for the detection of microbial infection of 100 ml.

Assets Overview

Furniture, tables, R&D laboratory, testing equipment, german-based medical machines, Swedish medical tools, tubes, samples, biomedical chemicals, sanitary gloves, masks, and patent of the product.

Facilities Overview

We operate in 3 rented offices, One in Delhi, Raipur and one in Munirka village. The entire rent of the 3 offices is INR 80,000 per month.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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