- Founder: Dr. Bikramjeet Singh
- Business: Dental Care
- Ask: ₹1 Crore for 5% Equity
- Valuation/ Networth: ₹20 Crores
- Funding: No Deal
- Pitch: Youtube
- Episode: Season 4 Episode 42
Singh Dental Care Shark Tank India Pitch:
Singh Dental Care provides honest and standardized oral healthcare. They appeared on Shark Tank India Season 4. It is a super speciality chain for dental clinics which provide standardized dental healthcare at an affordable price by specialized dentists with full transparency. The founder sought an investment of ₹1 Crores in exchange for 5% equity in the company valuing the business at ₹20 Crores.
Singh Dental Care has 3 clinics under their umbrella and a team of 12 doctors. Their plan is to expand to over 100 clinics in the next 5 years. The founder shared that they have a huge price advantage over their competition, especially when compared to the tier 1 cities. currently, the company is only operating in Amritsar, but they are ready to expand beyond that.
Singh Dental Care’s Revenue & Financials during Shark Tank India:
Singh Dental Care was profitable at the time of their pitch, even though they were 15-20% cheaper than their competition. The founder shared that one clinic takes a CapEx of ₹35 Lakhs.
Singh Dental Care made a revenue of ₹90 lakhs in FY23-24. The brand has made a revenue of ₹1.1 Crores for FY24-25 by November 2024. They are projecting to close the year at ₹2.10 Crores. They started their operations in February 2023. The company have an EBITDA of 30%, and last year, they made ₹11 Lakhs in EBITDA.
An average patient brings in about ₹8,000 of revenue per month for the business, and the founder shared that they would need 120 patients to achieve ₹10 lakhs per month of revenue. The brand has recently started spending money on digital marketing, which now brings in about 15% of new patients.
Singh Dental Care Shark Tank India Negotiations & Funding:
Kunal went out due to business being too early. Vineeta also shared the same perspective; therefore, she thought the business wasn’t ready for an investment. Namita thought it was too capital intensive; therefore, she went out as well. Anupam went out due to challenges with scalability. Ritesh went out due to similar reasons as other sharks.
Who are the founders of Singh Dental Care?
Dr. Bikramjeet Singh founded Singh Dental Care. He is from Amritsar, Punjab.
How is Singh Dental Care doing after Shark Tank India?
Our research in the Singh Dental Care revealed that while they did not get a deal on Shark Tank India, Their appearance on the show had a positive impact on the business. The viewers appreciated the genuineness of the entrepreneur and his way of accepting the feedback. The brand has since added a fourth branch in Amritsar but we are yet to see their expansion beyond their home city. We will keep you updated on this business but you can click the Amazon button below to shop other Shark Tank India Products.
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