Medical Devices Company Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 140 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 30 % |
Industries | Medical Devices |
Locations | Bangalore |
Local Time | 6:10 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- 70 million couples are infertile globally and this number is increasing year on year by 17%
- This company is a revenue-generating, profit-making enterprise with a flagship product world’s first home IUI kit.
- Business is creating a new market by introducing the world’s first DIY home IUI kit as an OTC device, disrupting the IVF market.
- Company has eliminated the doctor’s hand to perform IUI and has brought the procedure from the hospital to home.
- The company's solution consists of three elements that have empowered couples to perform procedures on their own. These include-
- Timing the ovulation: Ovulation kit & AI-based app.
- Sperm washing- Eliminates andrologists from the value chain. Any unskilled person can perform this procedure.
- Self-insemination device - Eliminated the need for gynaecologists from the values chain and can be done by women on their own.
- The business has outsourced its manufacturing.
- Company has 2 owners and 2 investors. 80% of the stake is with the company directors and 20% with the investors.
- Business does not have outstanding liabilities.
The company has three active products like an ovulation kit, self insemination device and a product that eliminates andrologists from the value chain.
Physical assets include machinery and office equipment.
Business has a small office in Bangalore on a rental basis.
This company is funded by INR 70,00,000 by angel investors.
The company is funded through equity and has a single owner.
3 patents and 1 trademark are held by the company.
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Earlier than 15 daysDirector, Technology, Kolkata, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Renewable Energy, Construction And Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder CEO, Dubai, Financial Consultant connected with the Business