Navmedcareindia

We are developing and building technology focused the next generation hospital with global care standards with truly a telehealth/virtual care facility with only ICU beds for critical care We will also be working on a collaboration with a US hospital collaborator to differentiate our services. This hospital will be near Solan in Himachal- just 45 minutes away from Chandigarh International Airport.

Total equity raise of USD 31 mn spread over 3 years

Requirement in year 0 (FY 2021-22) is USD 14.10 million with a follow-on funding of USD 2.80 mn in year 1 (after factoring gestation period for commencing commercial operations) from the same investor(s)

Initially (year 0 and year 1) company would be setting up 100 bed hospitals along with infrastructure for medical tourism and high end R & D lab

In year 2 company would be installing additional 100 beds with an equity requirement of another USD 14.10 mn

 Company would become profitable from year 5 and would reach steady state revenues

Profitability will improve substantially from year 6 onwards as hospital(s) reaches optimum capacity utilization, medical tourism starts giving better margins and R&D lab starts contributing at EBITDA +ve results

We are therefore looking at investors who take a long term investment horizon

https://navmedcareindia.com/