An Early Revenue Startup in Health and Pharma (Health-Tech) from India is looking to raise funds

Posted By - Investment Banker Posted date - 19/05/2022

BUSINESS BRIEF

Providing innovative remote monitoring healthcare solutions (Focused on teleradiology). The expert partners for those designing remote monitoring and diagnostic services for long-term and acute conditions.

Startup Solution:
The startup is building a community of radiologists and equipping them with AI powered tools to maximise the output of radiologists as a whole.

  • Ai-powered diagnostic tools that identify the abnormalities in a scan and quantify the severity of the condition. Along with structured reporting, the radiologists reduce their turnaround time per scan.
  • Ai-powered worklist that analyzes metrics and studies radiologists’ working patterns. The platform with the help of these data points will seamlessly reallocate, reassign and prioritise studies and in turn maximize efficiency.

Traction So Far:

  • Total Clients- 102
  • No of end customers- 37,980
  • Revenue till date- INR 10 Mn

Revenue Model

  • Pay per use- Rs. 70/- per scan
  • Subscription Plans ranging between INR 0.1-0.4 Mn per year. 

Funding Requirement - 
The company is looking to raise INR 15 Million.

 

Proposal
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Capital Requirement

INR 1.5 Cr

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Funding Status

I do not have any investment commitment

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Industry & Sub-Industry

Health and Pharma (1)

Health-Tech

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Technology/Product/Service Offering

Ai-powered diagnostic tools

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StartUp Stage

Early Revenue

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Business Segment Type

B2B

End use of fund (in %)

Financial Information
2019 (in Cr) 2020 (in Cr) 2021 (in Cr) 2022 (in Cr)
Sales
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EBITDA
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PAT
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TOTAL DEBT
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Business Documents

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