Professional Documents
Culture Documents
Suppositories StartupIndia
Suppositories StartupIndia
Problem Statement
• Mental Health
• Social Interaction
• Productivity
• Education
• Apart from this we also have another product i.e Full spectrum Hemp oil which we are importing from Colorado USA for which we intend to
target people who are looking for natural remedies for Pain management , Mental wellness , Overall wellness .
• Hemp is slowly yet steadily gaining popularity in India as there are new brands coming into the market and spreading the knowledge on
how hemp oil can be added in their day to day life.
• The downside of the current Hemp oil market in India is that it either lacks quality ( most of the local extracted oils have high THC ) or the
prices are too high since most of the oil is imported from other countries . So if we are able to manufacture Good quality oil we will have a
new opportunity to be a wholesaler for the upcoming Hemp Brands in India.
Sales & Marketing
• Online
1. Nykaa claims to get 40 Million monthly user visits from about 15 Mil unique visitors. Adding our product on Nykaa will leave our doors
open to a huge market
2. As per Social toaster 81% of female millennials said social media was the best way for brands to reach them so having Instagram ads
based on demographical targeting will help us increase the reach among millennial users.
3. We also plan to register as a seller on Amazon India which also has a huge female user base.
4. Online consultation with few Ayurvedic doctors via our website in-order to spread awareness and drive sales.
• Offline
1. We intend to onboard few Ayurvedic doctors in our team who will provide consultations and prescribe our product to women.
2. Prink Booths we plan on setting up several booths near IT hubs and women clubs in order to raise awareness about our product. These
booths will also help in driving offline sales.
3. Events such as 2k runs and 5k runs can be conducted to spread awareness about the brand.
4. As per The Times of India L&T Metro serves approximately 2lakh people everyday in each city , so the advertisement screens in the
women compartments can also be useful.
Ratan Tata and Patanjali aiming high with Cannabis
• New Hemp based medicines for Cancer pain management and Epilepsy that will be
manufactured in India are set to be available in next one year with the council for
scientific research (CSIR) in advanced stage of clinical trials to launch two to
breakthrough drugs .
• The two new drugs are expected to be superior than the existing line of treatment.
These two drugs are based on CBD.
• The above projects are funded by Ratan Tata.
• As per the Patanjali’s Chief executive Balakrishna Patanjali Ayurved is stepping up studies
on the plant’s medicinal and industrial properties.
• At its research facility in Haridwar , a team of scientists are looking into the benefits and
use of Cannabis extracts in various medicines and products.
What have we done so far
Sourcing of Raw materials :
Product manufacturing/packaging :
• Prink Vaginal Suppositories : Manufactured inhouse by HYD HEMP India Pvt Ltd
• Full Spectrum Hemp Oil : Imported oil from Colorado repacked and sold in lots of 10ml
tinctures
Testing/Validation:
• Volunteers who have used our suppository have had visible relief from cramps , but who
weigh above 70 to 75kgs have not had such great results . We are planning to send them
another pack with increased dosage to see the results in their next cycle.
• When it comes to direct use of our oil we have observed that up to 0.5Ml has been an
effective dosage for a proper nights sleep and normal pains/discomforts whereas for
Chronic pain management 1Ml seems to be working well.
Certifications
• ISO
• MSME
• DPIIT
• GMP
Financials
Income
• We plan on making a sale of 1,000 units per month which shall generate a revenue of 3,50,000
INR .
• Our Aim is to get 9,000 unit sales in the first 6 months which will amount to 31,50,000 INR.
• In addition to this we also intend to sell tinctures which are priced at INR 3500 each.
• Aim is to be able to sell at least 50 tinctures a month which should generate 1,75,000 INR.
Investment
Expense category Amount
Hemp Oil (2litres) 4,20,000
SEO marketing 1,00,000
Social Media marketing 2,00,000
Raw materials ( Cocoa Butter & Beeswax) 15,000
Manpower 1,65,000
Equipment 45,000
Certifications for Amazon/Nykaa/Flipkart 70,000
Offline Marketing (Booths in malls and other places) 3,00,000
Misc 1,85,000
Total ₹ 15,00,000
• We have excluded costs for packaging and labelling as they have already been paid out by us.
• Delivering Expense is not added here since it will be paid out by the customers.
• The 2litres of Hemp oil which is ought to be bought will have an estimate market value of INR 7,00,000 if only resold as
Tinctures and a value of INR 9,00,000 to 13,00,000 when sold in the form of suppositories.