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Small Medical Implants Company Investment Opportunity in Chennai, India

Company involved in innovative wheelchair solution with Shark-Tank India deal seeks funds to expand.
This Business is on a Premium Plan
Established 1-5 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 9:45 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: The company's ultimate objective is to revolutionize global healthcare accessibility by continuously... View More
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Not disclosed
Business Name
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User Verification
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Pitch Deck
Product Image 1
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Business Overview

- Innovative wheelchair solution: Developed a groundbreaking wheelchair with integrated defecation cleaning and hygiene features, addressing the specific needs of the mobility-impaired population.

- 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.

Products & Services Overview

Wheelchair with integrated defecation cleaning and hygiene features, addressing the specific needs of the mobility-impaired population.

Assets Overview

Office furniture, printers, laptop 2, PC 2nos, machinery 3D printer, mechanical and electrical tool kit, packing tools, grinding machine.

Facilities Overview

It will be answered after the introduction.

Capitalization Overview

2 shareholders with a 90-10 split.

Business is funded by grants and loans by BIRAC and DST. Currently, funds are through loans by the Department of Science and Technology.

Recent Activity
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3 Investors contacted this Business this month. Register below to connect now!
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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