Photo - MedEquip
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MedEquip

MedEquip

India, Jharkhand
Market: Trade
Stage of the project: Operating business

Date of last change: 30.11.2017
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Idea

An e-marketing unit for supplies of medicinal and non medicinal goods for Hospitals/Nursing Homes/Other Health Care Institution.

Current Status

We are successfully operating our business model at a Tier 2 city level. Strong believe to push in through the corridors and make of the best we need to expand and grow across territories. It has been more than a year profited through the times from scratch to an under invested firm.

Market

We have huge market of about worth billions. As already known health care is always at utmost for any nation. India with a growing population of 130 Cr , we have a enormous potential to build up a money market.



Problem or Opportunity

We have opportunity to grow in the studious Indian Market where the upholstery depends on consumerism with average population still remains under medicated. We can utmostly grow though the hurdles where no rich market brand exist to date, thus helping us serve and grow better at a dynamic rate of 40 % to 60 %.

We address to the core problem of distribution of medicinal and non medicinal supplies in our prestigious health care institution where tap is maintained to measure the quality and branding of the health care utilities.

We want to make a business model for e-trade of supplies for convenience of health care institution and not to rely on local supplies with no quality and branding associated which put several consumers exposed to risk of redhead medical checkups.

Solution (product or service)

We have so far able to make a justice to the area by generating the idea of propagating good will with various good institutions such as b2b and b2c client.

We want to accelerate the operation beyond city and state to whole of nation. We want to integrate b2b clients to push through the demand and supply chain in order to market the stagnant condition prevailing in now.

Professionally we want to grow and make a successful brand propelling the shaft of Health care supplies thus making venture into the area with expertise and branding.

Competitors

We have local player who could barely cut off our competition.

Advantages or differentiators

We have huge market potential with consumable margins.

Finance

We need to be financially sound to survive through our budding needs. To reach breakeven we need to find and build up people-process-time-money ratio.

We need to build a system acquiring people and process to develop and harness the benefits of technology.

To integerate b2b clients we need to have banking stability to move the good under rigorous inspection for hospitals.
Developing logistics and utility to cater to the need to approx >10,000 item types is really a cumbersome job.
We need to credit through the resources covering time and cost of inspection and process to finally meet the demands of our clients.

Business model

Our model simply rests on the criterion of demand and supply. An e-marketing firm which assess this and goals for the best support and inspection so as the grab the huge potential market lying in billions.

We will cater to all purpose medicinal and non medicinal goods for health care utilities to serve the purpose through amateur b2b services.

Money will be spent on

1. HR & Strategy building
2. Signing Mou's with various b2b clients
3. Logistics and utility
4. Building a amateur Data Base Management portal.
5. Other IT resources thereby.

Offer for investor

We agree to provide a good chunk of shares of what we obtain. Stakes as assured shall be offered depending upon the investment portfolio.

Team or Management

Risks

We have time-money management risks. Cash flow rate and services offered bases on credit utilization which may us on debt if kept un-managed . It can only be dealt by stricter norms and better marketing stunts which could be the only sole boomer for this type of industry.

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None

Photos

Photo 1 - MedEquip
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation