Innovative Menstrual Pain Reliever Device Co Seeking Funding

Listing ID: BB012378
Posted By: Third party
Last Active: 3 days ago
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Product / Service

product – that is a menstrual pain reliever device with self-adhesive gel pads.

Clientele type

B2B, B2C

Premises

Rented R&D lab set up in Kolkata and rented office space in IIT Patna.

Asking Price Includes

15% Stake offered

Reason

The raised fund will be utilized for sales and marketing, production, operational expenses, and capital expenditure.

Other Details


- Designer of a menstrual pain-relieving device.
- The company was incubated in IIT Patna and the rented R&D lab is in Kolkata.
- Company's USP is the device itself. The device is designed & fabricated on the principle of Gate Control Theory and sends a particular type pattern of frequency specially designed for menstrual pain.
The technology and process of generating unique pulse frequencies are patented. - Company has no pending bank loans. - The private limited entity has two owners with each having a 50% stake.
- The company plans to sell the products through its online store and other online marketplaces.
- This transaction is being handled by an advisory based in Mumbai.
- Investor will get a 15% stake in the company that has developed this product and owns the IP.

Keywords

Business Tags

health medical device

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