Innovative Menstrual Pain Reliever Device Co Seeking Funding
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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.
Business Tags
₹10 to ₹200 Cr
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