Dear Mr. Dilip,
Prodancy is a Medical device startup, developing Surgical consumables for joint replacement surgeries. Surgical consumables for joint replacement is a $4.8B TAM, and in India it is appox 360 Crore TAM, growing at 22% CAGR.
Prodancy has launched Vizbl, worlds lightest surgical helmet for joint replacement surgeons. Since our launch in Apr 2023, we have completed 12,000 surgeries in 75 hospitals across India and is being used by over 230 surgeons everyday.
In addition, we are developing a new product - Pulse Lavage, which is 850 gms singe use used for Debridement during joint replacement surgeries. Pulse Lavage contributes to 340 tons of medical plastic each year. Our solution can reduce this by 50%, while being 25% less expensive.
As a Post revenue, EBITDA positive medical startup, we are seeking funding for our second tranche of 2 Cr, in our 4 Cr funding round.
regards,
Pradeep Vamana