Karminn QHSE SaaS

EzyPro ; We support the digital Transformation of Quality and Maintenance Processes in Healthcare and other sectors. Our platform enables Enterprises in meeting Quality, Health and Safety (QHSE) compliance – a global growth opportunity with annual recurring revenue of 2000 to 8000 USD per account (1.5 lakhs to 6.0 lakhs) in Healthcare and ISO certified companies.
Our Hospital QMS product combines an Asset maintenance management module a first of its kind offering for the Healthcare sector, our target segment for this variant is tertiary care hospitals seeking accreditation.

We have 3200 users across 7 paying customers in India and 1 in Middle East with a pipeline of prospects, including in non-Healthcare sectors. We are also an ISV (Independent Software Vendor) in the Microsoft Azure marketplace. Post covid we will see a higher uptake since digital transformation for compliance and asset maintenance management are suitable for digital and remote working.

It has been our experience that once customer is acquired the ARR increases since they require more features, since within the framework there are possibilities to customize and automate their existing manual processes. Accreditation and Certification are also drivers.

Industry sectors are Healthcare and general industries that are ISO certified in Quality, Health, Safety and Environment. Typical customers are Midscale companies who are progressive looking and looking for productivity improvement through a digital solution. Initially our focus is India, Middle East and South-East Asia, subsequently UK, commonwealth countries Europe and later USA. Typical users of our solution span across many levels in these organization based on their roles.

The global market size of this segment (QMS and CMMS) is over 8 billion with a CAGR greater than 12%. Our product has been validated since 2018. We have satisfied Healthcare clients with our unique features.

Our Adaptive Management system enables enterprises to meet their compliance requirements to global standards on Quality, Health, Safety and Environmental through effective auditing, inspections, monitoring, quality indicators and KPI’s. With our integrated Asset Maintenance management customers gets the added advantage of effective asset and maintenance process management

Through the automation and digitization of enterprise compliance process, EzyPro delivers productivity and collaboration with our inbuilt best practices workflow that standardizes operational processes and delivering effectiveness and efficiency.

Customers can rapidly digitize in the emerging Post Covid scenario to meet global and National standards across a variety of Industries including Healthcare – Tertiary care Hospitals where we already have marquee customers in India and UAE.

EzyPro QHSE SaaS is an adaptive enterprise management system platform that combines compliance management and asset maintenance to meet enterprise’s operational management needs post 2020.

Compliance and asset maintenance are key activities that differentiate organizations in an increasingly competitive global market. Apart from improving cost and operational efficiency, EzyPro also serves as a tool to facilitate process simplification, continuous improvement and enhance competitive advantage. EzyPro supports the digitization of these processes for a variety of Industries including in healthcare.

A video link is attached

Mainly International QHSE and CMMS competition, Please see pitch deck, In the healthcare we have local competition too. The mail advantage is our cost leadership , features and customization capabilities built in. Further build on Azure we offer many futuristic possibilities to meet customer needs

We have four product variants that can be applied across healthcare and other industries and have been developed for the cloud, ground up. We have a innovative checklist generator and quality indicator engine and a cross platform mobile that makes our product adaptable and many compliance frameworks. Our automated onboarding approach, inline walkthrough will help in customer adoption. This product built for the cloud and mobile is scalable worldwide and the features built are also designed. We have also a pricing engine where differential SaaS pricing can be utilised by users based on country, plan and product. In addition to high value creation we will also strive for cost-leadership. Our checklist generator, quality indicator rendering engine, multi-standard framework and a QR code asset management solution we are working under one “bolt-on” design are unique and built for wide adaptability.

Annual Subscriptions, onetime initial customization
Annual Recurring Revenue % of 1st year
On site consultancy to support implementation and monitoring
Custom development/product delivered as a SaaS

Organizations subscribing to this service are delivered a customized portal to immediately launch management system tasks vide a wide range of powerful and comprehensive functions and features. Our revenues are in two primary modes 1. Recurring SaaS subscriptions and 2. from on site consultancy projects that create cross selling opportunities to expand Annual recurring revenue from each account.. The annual recurring revenue is between 2500 to 6000 USD per account - 1.75 to 4.5 lakhs per annum . Thus at affordable prices, our customers can accomplish the digital transformation in the area of Management system to execute internal audits, handling incidents and non- conformances, tracking quality indicators etc. This delivers cost and operational efficiency in addition to supporting compliance and help customers differentiate in a globally competitive market.
See also Pitch deck

Expand sales reach, digital
Strengthen technical team
Product enhancement
Funding the runway for post Covid-19 phase

Max 400000 USD equity for a reasonable valuation as a first external investor

- Product risk is minimal - no dependence on any particular industry.
- Market risks as well as technology deployment risks are minimized due to extensive pilot and traction
- Execution risk is minimized due to our consultant network
- The bootstrapped investment of USD 400,000 has reduced most of the uncertainties .The development process has extracted optimal value from the funds committed;
Other considerations:
- Considerable technology IP exist which will be factor for future valuation.
- This round the funds being infused goes primarily for customer acquisition for scale up which will accelerate the next valuation too.

No this is bootstrapped effort

We have been features in CIOLook magazine as one of " Best consulting Start up 2021"