Transaction Announcement:Dental GPS Enters India
Posted by: sparrow_advisor1 in Blog, September 15, 2015
Dental GPS Inc. (www.dentalgps.com), a Canadian dental technology company has decided to enter India in partnership with Dr. Anuj Bhargava, a leading Maxillofacial Surgeon and one of the partners at Oro Facial Chronicle, the leading journal focused on Dental world in India.
A new entity, Dental GPS Digital Smile Solutions India Private Limited has been incorporated in India.
Dental GPS Inc. the parent company is a pioneer in the GPS (Guide and Position Smiles) concept and is headquartered in Canada.
The Company has a patented process which is commercially available as ultra-performance automated smile imaging software. This software gives aesthetic clinicians and dental experts the right digital diagnostic tools and knowledge needed to increase smile design case acceptances by showing the patient a beautiful and natural 2D facial picture made by guided morphing technology with the diagnostic device on the spot.
The 2D to 3D transfer is so precise from the digital facial image that there is no need for mock-ups or a trial. All the dentist need are the GPS prep guides. GPS Concept saves the need to adjust intra-orally. The 2D to 3D connection is made with printed templates and GPS coordinates from the 2D design to articulators’ platforms for precise wax-up.
Dental GPS India has hired senior mentors to train the dentists on the use of the software. Dentist will then take an annual license for the software.
Dental GPS India is also tying up with multiple laboratories in India which will do the wax ups for Indian dentists and also potentially in the future the outsourced work from other global offices of Dental GPS Inc.
Sparrow Business Solutions LLP (www.sparrowadvisory.com), a Gurgaon based corporate finance firm, acted as the sole advisor to the parties.