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.
Partial Stake Sale
USD
550 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
In talks with 3 Investors