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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 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 50 thousand
EBITDA Margin 10 - 20 %
Industries Furniture + 1 more
Locations  Greater Noida
Local Time 5:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand 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: USD 0
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
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Business Name
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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.

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.

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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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