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Telemedicine Company Seeking Loan in Mumbai, India

Company which takes order and supplies medicines to US customers through inbound and outbound calls.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 36 thousand
EBITDA Margin 30 - 40 %
Industries Telemedicine
Locations  Mumbai
Local Time 12:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 thousand for 10.0% annual interest, 3 years (Native Currency: USD 10,000)
Reason: Increasing staff size and moving to a bigger office.
Collateral Available: USD 1 thousand
Includes physical assets worth USD 1.5 thousand
Documents
Business Overview
- Our company takes orders for medicine from customers based in United States, through inbound and outbound calls, and ships it to customer location.
- We have suppliers for our medicine in Nagpur and Mumbai, and have outsourced our delivery services to another company, who has license for exporting medicines.
- Have an existing database of customers and currently supplying medications to 50 clients, who regularly order from us. We get new customers through calls and we explain them our services.
- We have free and paid shipping plans for our customers. The free plan would take 10-12 days for delivery, and with paid shipping, products will be delivered in 5-7 days.
- Seeking funds to hire more staff and move into a bigger office.
Products & Services Overview
Medications for general healthcare, anti-cancer pills, pain killers and antibiotics.
Facilities Overview
Rented space of 600 Sq. Ft. Built up area 150 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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