Idea, business model and its USP - Traditional retailers (pharmacies as well as general grocers) and distributors are losing significant business to technologically superior on-line players. We enable these businesses to retain & acquire customers and increase transactions while maintaining their brand identity.

Our technology helps build a local merchant ecosystem, effectively making every retailer’s PoS and APP (Medicea provided APP) a local market place and thereby increasing their transactions significantly.
We help these businesses to -
• Collaborate with other connected local merchants and sell each other's product to the end consumers through their PoS. This helps the merchants offer much larger product offerings to the end consumers. In return we charge them software license as well as per transaction fees.

• Acquire & Retain more customers through our social media enabled store management solution. In return we charge software license fees from merchants

• Manage the...
Idea, business model and its USP - Traditional retailers (pharmacies as well as general grocers) and distributors are losing significant business to technologically superior on-line players. We enable these businesses to retain & acquire customers and increase transactions while maintaining their brand identity.

Our technology helps build a local merchant ecosystem, effectively making every retailer’s PoS and APP (Medicea provided APP) a local market place and thereby increasing their transactions significantly.
We help these businesses to -
• Collaborate with other connected local merchants and sell each other's product to the end consumers through their PoS. This helps the merchants offer much larger product offerings to the end consumers. In return we charge them software license as well as per transaction fees.

• Acquire & Retain more customers through our social media enabled store management solution. In return we charge software license fees from merchants

• Manage their operations more efficiently by automating a lot of mundane tasks and enabling them to focus on customers. In return we charge software license fees from merchants.

• Seamlessly connect distributors & retailers therefore automating procurement and significant data entry overhead for both parties. In return we charge per transaction fees as well as additional data license fees (if the distributors wants to view real-time inventory position of retailers) from distributors.

• Search product information and providers - In return we charge them annual license for data search


What is the USP -

While there are several companies that exist within the software space, there is none (at least that we know of) that is attempting to help local businesses the way we are. Besides, having started our company as an APP based medicine search engine (currently delivering more than 300,000 searches per month), we focus a lot on data acquisition which helps us keep the software license prices up to 70% to 80% cheaper than the existing customers.

Adding the local marketplace model, we make the retailer's cost almost 0 therefore gaining huge acceptance in the market.

Growth / traction achieved till date -
• 12000 Active Retailers on the platform
• 3000 Active Distributors
• 300,000 Monthly Search growing exponentially
• 18000 Consumers
More information
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Investors

Vishal Bansal
Admin
Vishal Bansal Early Stage Investor in healthcare start ups, Physician Entrepreneur & Management Consultant.
HealthStart India
Admin
HealthStart India Dedicated to Promote and Nurture Healthcare Entrepreneurs