Hearing Aid Clinic Raising Funds In Gurgaon

About Business

Established in 2020 in Gurgaon, this hearing care venture focuses on providing digital hearing aids and comprehensive hearing diagnostics across age groups—from newborns to the elderly. In India, awareness around hearing loss stands at approximately 20%, while hearing aid penetration remains as low as 6%, highlighting a significant gap and growth opportunity in the sector.

The core offering includes technologically advanced hearing devices supported by remote after-sales service, allowing hearing care professionals to assist customers from any part of the world in the comfort of their homes. This technology-driven model enhances accessibility, convenience, and patient satisfaction.
The long-term vision is to establish a chain of hearing aid clinics across India. Plans are in place to open 10 new clinics, with the ultimate goal of scaling to 20 clinics. The projected monthly operational expenditure (OPEX) for each clinic—including rent, electricity, staff salaries (receptionist and hearing care professionals), and marketing—is estimated at ₹1.5 lakhs. For 20 clinics, this translates to ₹30 lakhs per month and ₹3.6 crore annually.

To ensure efficient and ROI-driven marketing, the business requires a specialized digital marketing professional capable of tracking and blocking fraudulent ad clicks and IP addresses from competitors. An additional ₹40 lakhs is projected for this critical marketing function.

The sales cycle in the hearing aid industry ranges from 6 days to 6 months. With a 50% rate of qualified leads and a conversion rate of 10%, the business operates with a solid lead pipeline. The average selling price (ASP) of a hearing aid across metro, Tier 1, and Tier 2 cities is ₹40,000.

Each clinic reaches profitability at an average monthly revenue of ₹5 lakhs. Revenue per clinic is projected to grow progressively, averaging ₹2 lakhs in the first year, ₹3 lakhs in the second year, and ₹5–6 lakhs from the third year onward. From the fourth year, revenue is expected to double, driven by 50% of existing clients upgrading their hearing aids and a steady stream of new referrals and pipeline contributions.

Clientele type

The business caters to a clientele that includes individuals, HNIs, and corporate entities.

Premises

OWNED

Premise Size: 100 sq ft

Market Value (in INR): 40.00 L

Another rented clinic is a 100 sq ft facility with a monthly rent of ₹11,000.

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 4.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The owner is looking to raise funds to expand the business and open more clinics.

More Details

The business employs a team of three professionals.