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Diagnostic Lab Seeking Loan in Kothapeta, India

App-based business offering diagnostic services through partnered labs, seeks funding to establish own diagnostic center.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 - 6 thousand
Run Rate Sales USD 6.5 thousand
EBITDA Margin 20 - 30 %
Industries Diagnostic Labs + 1 more
Locations  Kothapeta
Local Time 7:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: We are looking to set up our own diagnostic center and are seeking funds to establish the center and... View More
Collateral Available: USD 2.4 thousand
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
Documents
Business Overview

- Our app allows customers to book diagnostic tests and health packages online. Once the user books a test / package, we collect the sample directly from the user's home, process it in our collection center, and deliver it to our tied-up labs. The lab results are uploaded to the server and users have instant access to the reports.

- Tied-up with 2-3 major diagnostic services brands with labs across Telangana.

- Our Android application has over 400+ installations and users have booked over 150 tests since inception.

- Revenue model: 40% commission on health packages (renewed every 6 months) and diagnostic tests booked through our application.

- We are looking to set up our own diagnostic center and are seeking funds to establish the center and for marketing.

- Business owned assets include laptops and furniture.

Products & Services Overview

Mobile app for booking and scheduling diagnostic tests & health packages.

Facilities Overview

250 sq ft Office with a collection center for a monthly rent of INR 10,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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