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Medical Monitoring Systems Company Investment Opportunity in Mumbai, India

Company with a unique, globally competitive, completely wireless, a life-saving response system seeks investment.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 60 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 20 %
Industries Medical Monitoring Systems + 1 more
Locations  Mumbai
Local Time 11:06 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 530 thousand for 25.0% stake (Native Currency: INR 40,000,000)
Reason: - To expand the business in terms of sales and profits by partnering with an investor from this back... View More
Includes physical assets worth USD 7 thousand
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Business Overview

- Company specializing in developing smart health monitoring devices and ECG devices.

- We have developed software and proprietary medical solutions to offer these services.

- Started sales from last year.

- Medical devices are manufactured by 3rd party producers based on our requirements.

- Our customers are ambulances, govt hospitals, medical institutes, NGOs and laboratories.

- We also charge a maintenance fee and also have a subscription model in some cases.

- Have raised investment in the past at INR 15-16 crore valuation.

- Business has technically sound management team and promotes are from IITs.

- Promoter is a IIT Mumbai alumni and has a Ph. D. from Yale University-USA. He has over 20 years of experience in IT with various IT consultancy companies.

Products & Services Overview

Smart health devices to monitor patients remotely, ECG data tracking, cardiac monitoring.

Assets Overview

Except for a few laptops, computers, tables and chairs, we do not have any other physical assets as we are mainly into solution-based services. Our other assets include a website, software, proprietary medical solutions and applications.

Facilities Overview

Have a rented office space in Mumbai.

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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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