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Telemedicine Company Investment Opportunity in Mumbai, India

One-stop solution provider to manage the clients’ healthcare needs through its presence at the doorstep.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Telemedicine
Locations  Mumbai
Local Time 6:24 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 20.0% stake (Native Currency: INR 50,000,000)
Reason: The fund infused will be utilised for the proof of concept and further setting up the wellness cente... View More
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Business Overview
- Our business is a one-stop solution provider to manage the clients’ healthcare needs through its presence at the doorstep.
- We plan to provide health emergency services, first-aid treatment, and OTC medicine delivery, we come in by ensuring 24x7 health emergency responses at our clients' doorstep through an application and website.
- We plan on offering physical help and our clients are mainly going to be members of residential societies who can avail our services.
- Currently, we have a database of 30 doctors and general physicians and we plan to have a hyper-local tie-up.
- We will generate revenue by subscription model from direct individuals as well as society member subscriptions.
- Also getting in contact with ambulance service providers.
- Company is debt-free and is totally bootstrapped till date.
- The business 2 owners who hold 40% stake and the rest is distributed to the company employees.
- We have trained and have a few in-house paramedics and registered nurses working with us. Trained and qualified professionals will be present at the wellness center 24/7, where the clients can access a wide array of health services under one roof.
- Our care-stack support staff will include general physician, wellness manager, registered nurse, and care concierge.
- The business is not generating any revenue as we have just started a POC in Malad, Mumbai.
- The preventive healthcare market size is estimated to be around USD 185 Bn. The total number of high-rises in the top 7 metros in India is expected to increase from 10,349 to around 12,000 by FY 2027, creating a large universe.
- There is enormous revenue and margin potential using analytics to generate customized healthcare products and services. It can also expand from B2B to B2B2C (corporate parks through zonal nodes), resulting in exponential growth in revenues.
- Company is registered in Kolkata but all the operations are ongoing in Mumbai.
- Wellness center at the residential premise works round the clock for the well-being of the residents. From providing free-of-cost OTC medicines, periodic vital measurements & laboratory tests to a swift response to any medical emergency, the clients will always find our able team ready to help.
Products & Services Overview
Plan on offering health emergency services where our company comes in by ensuring 24x7 health emergency responses at your doorstep be it an accident or any medical condition. First-aid treatment, we will offer a care concierge, who is well trained to provide first-aid treatment and other emergency support. Whether a minor or a significant incidence, first-aid support will be provided immediately, and our expert team will arrange the appropriate medical support, OTC medicine delivery, we aim to offer round the-clock availability of OTC medicines a simple request to our staff at the wellness centre will ensure delivery at customer's doorstep. Access to regular health camps by us to customers that will be conducted by companies that we have partnered with, and we will be releasing the list on our website periodically. The health camps could be on awareness and some preventive checkups or preplanetary diagnostic testing. As well as an emergency ambulance service, we will also provide and assist in emergency hospitalization, and we shall arrange doctors’ assistance. Plan on establishing an emergency respiratory care service through our wellness center, which will be equipped with specific respiratory devices like oxygen cylinders, oxygen concentrators, nebulizers, etc. These devices and equipment will be available free of charge for any emergency use. However, the consumables are chargeable as and when used by the clients.
Assets Overview
The business does not own any physical assets as of now.
Facilities Overview
Currently, we have taken a fully furnished rented premises as our office space that covers an area of 1,400 sq. ft.
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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