Small Medical Implants Company Investment Opportunity in Chennai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 14 thousand |
Run Rate Sales | USD 14 thousand |
EBITDA Margin | Nil |
Industries | Medical Implants |
Locations | Chennai |
Local Time | 10:06 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Patent portfolio: Secured a strong intellectual property position with 7 filed patents, encompassing both design patents and trademarks, establishing the company as a leader in healthcare technology innovation.
- Positive impact: Already improved the lives of 250+ individuals with mobility challenges, demonstrating a tangible and positive impact on the quality of life for the target demographic.
- Product pipeline: Currently working on the development of a mass-market wheelchair priced at Rs 15,000 and a motorized chair with defecation support, showcasing a commitment to continuous innovation and expanding product offerings.
- Strong financial model: Boasts a robust financial model with a gross margin exceeding 40%, ensuring an attractive return on investment for stakeholders and investors.
- Customer satisfaction: Proven track record of delivering high levels of customer satisfaction throughout India, contributing to the rapid acceptance and adoption of innovative solutions.
- Shark Tank success: Distinguished as one of the few companies to secure a 5 Shark Deal on Shark Tank India, underscoring the business's viability and appeal to seasoned investors.
- Global recognition: Acknowledged and accepted by the Australian government, indicating the company's potential for international success and recognition beyond the domestic market.
- 80% of revenue generated through B2B sales.
- Company currently operating at break-even. All other details will be disclosed after the introduction.
Business is funded by grants and loans by BIRAC and DST. Currently, funds are through loans by the Department of Science and Technology.
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Earlier than 15 daysDirector & Head Of Region - Medical Affairs, Biotechnology, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead Of Sales, Real Estate Development, Flic en Flac, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysStaff Engineer, Semiconductors , System On Chip, Singapore, Individual Investor / Buyer connected with the Business