Medical Supplies Company Seeking Loan in Greater Noida, India
Patented acupressure chair developed with 3 years of R&D, seeking funds to commercialize operations.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | INR 36 lakh |
| EBITDA Margin | 10 - 20 % |
| Industries | Furniture + 1 more |
| Locations | Greater Noida |
| Local Time | 10:03 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
INR
10 lakh
for
12.0%
annual interest,
4
years
(Native Currency: INR 1,000,000)
Reason: Promote our brand and give orders to 3rd party chair manufacturers.
Collateral Available: INR 0
Includes physical assets worth
INR
6 lakh
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.4 KB)
Business Overview
Our company has developed an acupressure chair to help patients revive from health problems through innovative pressure points integrated in the chair. Our technology is patented and we have provided services to more than 70 patients till date. Have developed this chair with 3 years of extensive R&D.
Our business model is to provide consulting service and then sell the chair to each patient. Since we are a startup, we have only provided acupressure service till date and have not yet sold a chair. However, we have received booking for 25 chairs (yet to be sold). We will outsource the manufacturing process to a manufacturer.
Seeking funds to promote our brand and give orders to the 3rd party manufacturer to produce chairs. Founder of the company is a therapist by profession and holds 15+ years of experience. Business owned assets include laptop and office equipment.
Our business model is to provide consulting service and then sell the chair to each patient. Since we are a startup, we have only provided acupressure service till date and have not yet sold a chair. However, we have received booking for 25 chairs (yet to be sold). We will outsource the manufacturing process to a manufacturer.
Seeking funds to promote our brand and give orders to the 3rd party manufacturer to produce chairs. Founder of the company is a therapist by profession and holds 15+ years of experience. Business owned assets include laptop and office equipment.
Products & Services Overview
Acupressure chair helping patients relieve from high blood pressure, sugar, gangrene, insomnia and other medical conditions.
Facilities Overview
Operating out of a home based office.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Defense & Construction, Ahmednagar, Corporate Investor / Buyer connected with the Business
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