Pharma Co Looking to Raise Funds For Expansion

Listing ID: SL007648
Posted By: Owner
Last Active: 1+ year ago
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About Business

Drugs, Wellness products, OTC medications.

Clientele type

Retail, Hospitals, Pharmacies, Clinics, Doctors

Premises

Owned

Asking Price Includes

35% stake in Equity

Asking Price

INR 25.00 L

Minimum ticket size

INR 25.00 L

Reason

Raise funds for business expansion in area of Product Development & Hiring

More Details

This Pharma Distribution Company comprises of a potent range of Medications/ Drug combinations and Wellness products.
The team consists of a vibrant mix of young and experienced sales professionals with a laser focus on revenue generation.
Company is currently operating in 12 HQs with aggressive expansion plans to adjoining States as well.
The top management has rich experience(30 years +) in pharmaceutical marketing and manufacturing activities, spanning across MNCs.
They have currently 33 products in their portfolio and looking expand this range
The Company has tie-ups with 8 to 10 Hospitals including Apolo Hospital
They have currently a team of 12 people in the Distribution area.
Monthly Sales is INR 2.3 to 3 Lakhs
They are looking for Fund Raise of INR 25 Lakhs to Expand the business by adding more products in the portfolio and Hiring new staff

Business Tags

Pharma Co Looking to Raise Funds For Expansion

₹10 to ₹200 Cr

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