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Clinic Investment Opportunity in Bihar, India

Business working towards developing 534 facilitation centers in Bihar state, seeks seed stage investment.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Clinics + 1 more
Locations  Mumbai + 1 more
Local Time 8:42 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 670 thousand for 15.0% stake (Native Currency: INR 50,000,000)
Reason: We seek seed stage investment to set up the project and fund initial development expenses.
Interested to connect with advisors
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Business Overview

- We are working on a big scale project in Bihar state that aims at developing a facility center in 534 community development blocks in Bihar.

- Business was formerly a prominent OEM manufacturer since 10 years.

- The idea for this project is to create an ecosystem- a 3 shop concept in every district to facilitate rural development.

- This bunch of 3 shops will comprise of a medical clinic/ health center, banking kiosk and a general store.

- We are in process of partnering with a leading hospital and bank in India (cannot disclose names due to NDA) to open these healthcare and banking outlets. The agreement is in pipeline and will be finished in a few weeks. After this agreement goes through, our company will be valued at INR 200 crore.

- Small businesses are welcomed to take up the general store space in one of these 3 shops.

- We are backed by North Bihar Industrial Corridor (NBIC) to avail permission for these spaces and initial funding.

- We are working closely with a leading bank to introduce membership cards that can be used especially to reap benefits and make payments in our shops.

- We are hoping to get permission from the government soon to set up these shops and rent them out to various vendors.

- Revenue for this business will be generated by renting out the spaces to vendors and charging a commission on sales basis.

- We aim to penetrate a market of 12 crore people by setting up these facility stores in every block.

- We are looking for partners who can support operations and take an active role in this project.

Products & Services Overview

Telemedicine centers, banking kiosk (ATM machines) and common store run by small businesses in 534 blocks Bihar.

Assets Overview

The project is still under process so we do not have any physical assets.

Facilities Overview

We have a temporary rented space in Mumbai where we operate from currently. The project will be carried out in Bihar State.

Recent Activity
  • Earlier than 15 days
    M&A Advisor, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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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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