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Telemedicine Company for Sale in Nagaon, India

For sale: Android application for doctor appointments with 1,000+ listed doctors and 2,500+ paid users.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 3 thousand
Run Rate Sales USD 3.6 thousand
EBITDA Margin Operating at loss
Industries Telemedicine + 1 more
Locations  Nagaon
Local Time 3:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: INR 5,000,000)
Reason: Unable to run the business due to high operating costs and some family problems. The valuation inclu... View More
Includes physical assets worth USD 800
Interested to connect with advisors
Documents
Business Overview

- We have created an app for booking doctor appointments, buying medicine, and booking lab tests.

- Have listed 1,000+ doctors, 25+ hospitals, 150+ clinics.

- The app has over 20,000 downloads.

- There are 2,300+ paid users.

- Revenue is generated by charging a subscription for booking an appointment.

- The app development was outsourced but the source code is available with the company.

- The app is available on the Play Store.

The business incubators are: -

1) Assam Startup The Nest - Incubated in COHORT 3.0.

2) Numaligarh Refinery Limited- Received grant of INR 10 lakhs.

3) STPI – Selected under STPI OCTANE open challenge.

4) NEEDP- Selected under incubation INR 3lakhs - The.

5) Received a grant of INR 5 lakhs from AIIDC, Govt of Assam.

- Promoter has 12+ years of experience in the telecom industry.

- Business has trade and GST certificates.

- The business is operating at a loss due to high marketing and operational costs.

- The employees include the promoters and the operational team who are necessary to keep the business running.

Products & Services Overview

We developed an Android doctor appointment app the patients, where patients can get a doctor’s appointment easily.

An initial mix of online and offline modes can be an effective measure to universalize the digitization of healthcare access and penetration into rural areas and suburbs.

So we developed a preloaded booking system which is available online and offline. We create a virtual KIT of INR 99 where the patient gets 10 preloaded appointments without any validity (excluding doctor’s fees and registration).

We also launched a virtual discount card where patients can avail of discounts from 7%-20% at pharmacies and laboratories.

Assets Overview

The assets include 3 laptops, furniture, and office equipment.

Facilities Overview

Rented office of 400 Sq. Ft. in South Haiborgaon.

Capitalization Overview

- Currently, the business runs from the sales revenue and promoters fund.

The business has two shareholders:

1) Founder (95%)

2) Co-founder (5%)

- Received 3 grants of total INR 18 lakhs.

- The business is debt-free.

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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