FinTech Company Investment Opportunity in Mumbai, India
Fintech company that focuses on providing lending & reimbursement financing services to the healthcare sector.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.1 million |
| Run Rate Sales | USD 1.46 million |
| EBITDA Margin | 12 % |
| Industries | FinTech |
| Locations | Mumbai |
| Local Time | 9:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
166 thousand
for
1.0%
stake
(Native Currency: INR 15,000,000)
Reason: - We are the country's first fintech that focuses on lending to the entire value chain of healthcare...
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Interested to connect with advisors
Documents
Pitch Deck
(4.4 MB)
ROC-Verification.pdf
(65.7 KB)
Business Overview
The business was established in 2020 but started generating revenue last year.
- We use a B2B2C approach to partner with healthcare aggregators to provide loans to our end customers.
- Hospitals, patients, and medical suppliers are our primary focus and the major contributors to the customer base.
- They have disbursed over 30000 loans recently, with INR 300 crore plus disbursements, and have negligible NPAs.
- Has served more than 2,000 customers, has managed to disperse loans worth INR 167 Cr last year, and is expecting to do over INR 240 this year. We can operate with a smaller team as we are dealing with higher ticket sizes.
- Tied up with a lending partner to fulfill the loan amount required by the customer.
- Ours is a company with low liabilities owned by the two stakeholders.
- We use a B2B2C approach to partner with healthcare aggregators to provide loans to our end customers.
- Hospitals, patients, and medical suppliers are our primary focus and the major contributors to the customer base.
- They have disbursed over 30000 loans recently, with INR 300 crore plus disbursements, and have negligible NPAs.
- Has served more than 2,000 customers, has managed to disperse loans worth INR 167 Cr last year, and is expecting to do over INR 240 this year. We can operate with a smaller team as we are dealing with higher ticket sizes.
- Tied up with a lending partner to fulfill the loan amount required by the customer.
- Ours is a company with low liabilities owned by the two stakeholders.
Products & Services Overview
- Reimbursement financing (Insured) & patient financing (uninsured) for patients.- Also offers cashless claims financing for hospitals.
- Supply chain financing for suppliers.
Assets Overview
- Laptops and office equipment are the major assets owned by the company and none are included in this transaction.- The business has a loan book of INR 10 crores with product platforms built for all three segments are the major intangible assets that we own.
Facilities Overview
The business operates from the co-working space in Indore & Mumbai with tech in Indore & business in Mumbai.
Capitalization Overview
The company has raised 4.5 Cr till now from multiple 2 VCs & angel investors. We are now looking to raise 15 Cr.
Recent Activity
-
Earlier than 15 daysCo Founder, Financial Services, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Marketing, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Healthcare Services, Indore, Corporate Investor / Buyer connected with the Business
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