The Busy Brains
11 Sept 2023
MedEasy, an online pharmacy based in Dhaka, Bangladesh, has successfully raised $750,000 in a Seed funding round. The round saw participation from notable investors, including Seedstars International Ventures, Doha Tech Angels.
MedEasy, an online pharmacy based in Dhaka, Bangladesh, has successfully raised $750,000 in a Seed funding round. The round saw participation from notable investors, including Seedstars International Ventures, Doha Tech Angels, Startup Bangladesh Limited, Accelerating Asia, nVentures, and several angel investors. The funds raised will be strategically used to enhance customer acquisition efforts, optimize operations, and improve platform features to provide an enhanced user experience. Additionally, the investment will fuel MedEasy's research and development initiatives.
MedEasy's core mission is to bridge the gap between quality healthcare and underserved populations. In just two years since its inception, the platform has gained the trust of over 150,000 users, establishing itself as a trusted and reliable player in Bangladesh's healthcare sector.
The startup's future plans include substantial customer base growth, the introduction of a subscription-based feature, the launch of a digital vital monitoring system, and the establishment of an appointment-booking marketplace.
Patricia Sosrodjojo, General Partner at Seedstars International Ventures, praised MedEasy's approach, emphasizing their ability to address the unique challenges of the Bangladeshi healthcare landscape with a data-driven approach.
Arefin Zaman, co-founder and CEO of MedEasy, expressed excitement about the international and local investors joining the round, highlighting their pivotal role in accelerating growth and enhancing the customer experience.