Clothing, wearables and Accessories
Febris
SEASON 2 : Episode 23
BRAND
Febris
COMPANY NAME
Febris Solutions Pvt. Ltd.
FOUNDERS
Girdhar Bajaj, Dr. Vishal Bajaj
ORIGNAL ASK
1 crore for 2.5% equity at valuation of Rs. 40 crores
DEAL
No deal
Febris is a medical lifestyle brand which was born with a belief of making the medical work wear comfortable, safe, & desirable & to give the patients a positive vibe.
Febris makes uniforms for healthcare workers like scrubs, lab coats, patient gowns, scrub caps, and other daily needed items. The fabric they used in making scrubs is Antimicrobial which protects them from germs.
Their masks come with five layered premium anti-microbial protections, fabric adjustable nose pin, super breathable, moisture wicking, and come with premium front fabric soft inner lining.
Products are available on their website & marketplaces like Amazon & Flipkart to buy medical wears.
Founders & Their Story
Girdhar Bajaj, Director & Co-Founder
Dr. Vishal Bajaj, An Anaesthetist
When Dr. Vishal was practising his MD, he realized that personalityof doctor is boring with the same kind of blue scrubs, that is when he decided to make the medical wear more functional with different choice of colours which are more breathable & safer to wear. And this is how the Febris was born.
About The Company
Febris is a one-stop-shop for premium medical wear. The company’s Unique Selling Propositions is antimicrobial fabric. Moreover, the fabric is stretchable to make breathing easier. Recently, they have used spill-proof technology in their fabric.
Febris has more than 150 designs in Scrub caps. Currently, In India, 50,000+ users are using their scrub caps & more than 10000 healthcare workers are using their scrubs.
Internationally, they have also shipped to US and recently, they have made their website live in the US.
Revenues
70% sale is B2C which is directly from their website & the marketplaces like Amazon & Flipkart. Their B2B sales is 30%.
In FY 21-22, the revenue was Rs. 1.1 crores and in the last month, they generated Rs. 12.85 lakhs with the net margin of 20%.
In FY 19-20, their annual sales were Rs. 9 lakhs, FY 20-21, Rs. 67 lakhs.
In current financial year i.e., FY 21-22, they have generated Rs. 70 lakhs to date.
Founder’s Ask
1 crore for 2.5% equity at valuation of Rs. 40 crores
Final Deal
No offer made by the sharks as they didn’t find the potential in the business.
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