MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Investment Banker
The company has succesfully developed a robotic leg support system to assist paraplegics to gain mobility. The product has been extensively tested for safety and recorded in CTRI part of ICMR. Two sub-products categories - B2B and B2C have been developed. The product has been succesfully testmarketed. The Company wishes to expand its manufacturing infrastructure and its marketing network. It wishes to raise Rs 30 million
Revenue Streams:
Funding Requirement
INR 3 Cr (Min Ticket Size: INR 1 Mn)
Funding Status
I do not have any investment commitment
Horizontal Industry
Subscription, Product
Industry &
Sub-Industry
Health and Pharma (1)
Technology/Product/Service Offering
Wearable Robotic Devices
Early Revenue
B2B2C
End use of fund (in %)
| 2019 (in Cr) | 2020 (in Cr) | 2021 (in Cr) | 2022 (in Cr) | ||
|---|---|---|---|---|---|
| Sales | INR 0.001 Cr | INR 0.088 Cr | N.D | N.D | |
| EBDITA | N.D | N.D | N.D | N.D | |
| PAT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
Business Document
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