Medical devices manufacturer looking for equity fundraising - 18 Cr

Posted On: 25 / Sep / 2022
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Health Care
Charge

Deal Status

Active

Deal Description

About the company

  • The company is an innovative medical device manufacturing company. They manufacture OTC medical devices – Oxygen Concentrators, BP Monitors, Nebulizers, IR Thermometers, and specialized products for paralysis treatment which includes neuromodulation medical devices and robotics.
  • Have an in-house R&D facility
  • It is building advanced hypertension management tools and medical devices for Cardiology, Respiratory, Neurology, and OTC

Plan:

  • Nebulizers: Launching in Oct-Dec 2022
  • Beginning of US/Europe exports in 2024
  • Profit in US 2-3x India profitability

Revenue Streams:

  • Sale of OTC products directly
  • GAIT training set up on lease to reputed hospitals
  • Contract manufacturing of products for other companies (White Labelling)

Investment Ask:

Stage 1 - Launching Acoustic BP and Nebulizer – 18 Cr.

Duration: 18 months

Utilization:

  • Field Marketing
  • US FDA and European CE
  • Branding and Advertising
  • App & Software
  • Cash Flow

Attached Files

icon Teaser Equity HealthCare 18 Cr pdf

Deal Value
18 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
7 Crore
2021-22
36 Crore