Back to Deals
Nemocare
DealNeoNatel Wearable Vital Monitor
Season 3, Episode 43“Groundbreaking Ventures”20-Mar-24Hyderabad,Bangalore, Telangana,KarnatakaMedical/Health
Pitcher Details
Business Metrics
Yearly Revenue
₹90L
Gross Margin
66%
The Ask
₹100L
for 2.5% equity
Implied valuation: ₹4,000L
The Deal
₹20L
for 0.67% equity + ₹80L debt
Deal valuation: ₹2,985.075L
-80.0% vs ask amount
Equity changed by -1.8%
Shark Investment (1 shark)
Investment
₹20L
Equity
0.67%
Debt
₹80L
Additional Details
Pitch #
448
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
1
Deal Conditions
No
Debt Interest
10%
Bootstrapped
No
Has Patents
Yes
