Meddelivery
ABOUT US
Transforming Pharma & Medical Supply Chain; we are a demand aggregation platform from medical shops to help them in their daily buying of medicines & other products from hyperlocal suppliers/stockists.
We have an unique utility business model leveraging on existing relationships between medical shops and stockists that has natural network effects.
OUR FOCUS is to keep building an extremely high dependency and sticky business.
Sector
Pharmatech | Pharma Supply Chain
Website
www.meddelivery.in
Location
Jaipur
Stage
–
Funding Closed
~$1mn from FAAD Network, Auxano Entrepreneur Trust, Lets Venture, Kisho Capital, Venture Garage and marquee angels.
Read full news here
team
CO-FOUNDER & CEO: 5+ Years in B2B Sales. Srinath Indian Oil Centre. M.com, Economics.
CO-FOUNDER & COO: 7+ Years in finance. Financial Controller in Sanwariya Buildcon Pvt. Ltd. Infrastructure Company. MBA (Finance & Marketing), CA Final.
CO-FOUNDER & CTO: 10+ Years in product and tech development. Team lead at Codespace. Tech Lead at Metacube. Product lead at Cognistx where he built Applied AI solutions for Supply chain & retail. Ex-CTO at StirUp. MCA.
IN COVERS
Disrupting Medicine Delivery
It plans to offer its procurement technology to 50,000 more shops in the coming 18 months
Business World
There is a lot of information asymmetry and there is no single medicine database in the country,” laments Dusad.
Funding Round of $1mil
Meddelivery raised $1mil from Auxano Entrepreneur Trust, Venture Garage etc
Entracker
Other investors include FAAD Network, Lets Venture, Kisho Capital and marquee angels.
Singer Sukhbir Singh backs Meddelivery
Healthtech startups are becoming a favourite of Indian Pop Star Sukhbir Singh as he makes a second investment.
Yourstory
The company plans to use the freshly raised funds for its product, technology, and geographical expansion.