Investment Opportunities invest in Health and Pharma Startup in Medical Devices Biomedical looking to fund raising at MergerDomo | ISRF0J400

An Early Revenue Startup in Wearable Robotic Devices is looking to raise funds.

Posted By - Investment Banker

BUSINESS BRIEF

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:

  • B2B Model: Heavy duty model with accessory
    sold to hospitals/rehab centers
    priced at Rs 15 Lakhs.
  • B2C Model: Lightweight model sold directly to
    customer priced at Rs 3.75 Lakhs.
  • Home Service: Device is taken to short-term recovery patients home for training. Billed at Rs 4500 per patient.

Proposal

Funding Requirement

INR 3 Cr (Min Ticket Size: INR 1 Mn)

Funding Status

I do not have any investment commitment

Industry IconHorizontal Industry

Subscription, Product

Industry IconIndustry & Sub-Industry

Industry IconTechnology/Product/Service Offering

Wearable Robotic Devices

StartUp Stage

Early Revenue

Business Segment Type

B2B2C

End use of fund (in %)

Financial Information

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

Business Document

CONTACT BUSINESS

If you are interested in connecting with business please send an Expression of Interest and receive a pitch deck to take this opportunity further.

SHARE VIA
CONTACT DETAILS