↩ Go Back
Need help?

Healthcare Portal Seeking Loan in Chennai, India

Medical platform to order medicines online in Chennai through website and an Android app.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 10 %
Industries Healthcare Portal
Locations  Chennai
Local Time 8:43 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 12.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: To hire manpower and increase our delivery reach to other areas in Chennai.
Collateral Available: USD 7 thousand
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

Our medical platform helps patients in Chennai order medicines online through our website and an Android app. Have a total of 150 users with 100+ downloads of our Android app. We have established tie-ups with 100+ pharma distributors from whom we source the medicines at 30% discount.

Have 3 full time and 10 part time (working on commission basis) delivery executives. We currently cover a few areas in Chennai, however, we plan to cover all the Pin codes in Chennai and are seeking funds to hire manpower.

Our future plan includes adding tele-medicine and home healthcare services. Business owned assets include furniture and laptops.

Products & Services Overview

Online medicine ordering platform.

Facilities Overview

900 sq ft of rented facility. We also stock the medicines at our facility.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

169 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more