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Pharmacy Investment Opportunity in Hooghly, India

West Bengal based SaaS startup for unorganized local pharmacies that has listed 50+ chemist counter.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 2.3 thousand
EBITDA Margin 0 - 10 %
Industries Pharmacies + 1 more
Locations  Hooghly
Local Time 3:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 16 thousand for 18.0% stake (Native Currency: INR 1,300,000)
Reason: Marketing and expansion.
Includes physical assets worth USD 1.5 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview

- The healthcare portal assists customers in ordering medicines from local pharmacies.

- The application has been made on an offline-online model where the customers can enter the required medicines and the listed retailers of the area receive a notification.

- Customers gets a notification regarding the availability and can choose the retailer as per their choice.

- Currently, the portal lists about 50 pharmacies, 70% being from Hooghly.

- The mobile application is available only for Android as of now and is available on Play Store.

- Have started commercial operations in July and currently operating pilot run in the areas of Hooghly, West Bengal.

- Logistic services are provided by us.

- Our revenue model will be monthly/yearly subscription from the retailers. The yearly subscription fee is INR 8,000 per retailer.

- Customers can make payments through the application.

- Served 300+ users and have started operations in 5 localities in West Bengal.

- Partnered with Instamojo for payments.

- Promoter and partners have experience working with the pharmaceutical industry.

Products & Services Overview

- Platform to order medicines and doorstep delivery.

- 24*7 customer support.

Assets Overview

The business owns 3 laptops. Intangible assets include the website and the mobile application.

Facilities Overview

Space of 800 sqft owned by one of the promoters.

Capitalization Overview
Not Disclosed
Recent Activity
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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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