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Pharmacy Investment Opportunity in Nagpur, India

Mobile app based medicine delivery company, seeking funds to open warehouses in 5 cities.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pharmacies + 1 more
Locations  Nagpur
Local Time 7:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 240 thousand for 40.0% stake (Native Currency: INR 20,000,000)
Reason: - Set up warehouses in 5 cities in Maharashtra. - Buy medicines in bulk. - Hire delivery executive... View More
Includes physical assets worth USD 1.8 thousand
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Business Name
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Business Overview

Mobile app based medicine delivery company which deals in online sale of medicines and delivers it within 3-6 hours time. We currently have tie-ups with 3 pharmacies in Nagpur and have 4 delivery executive to deliver the medicines at customer's doorstep. Since our company is new, we are yet to generate revenue. As a pilot test, we have delivered medicines to 100 customers but haven't charged any fee / commission.

We do not plan to continue our tie-ups with pharmacies rather we plan to setup our warehouse / stock units in every city in India. Seeking funds to start warehouses in 5 cities in Maharashtra. We plan to buy medicines in bulk and store at our warehouse so when we receive customer's order, our executive will deliver it at customer's doorstep.

Founder of the business has 12 years of experience in the pharma industry. We currently promote our brand through social media marketing activities. Business owned assets include laptops, printers and furniture. Have 3 admin staff and 4 delivery executives as permanent employees.

Products & Services Overview

Mobile app based medicine delivery company.

Facilities Overview

300 sq ft of office on rent.

Capitalization Overview
Not Disclosed
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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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