Founded by Mohammed Abubakr, an ex-Microsoft employee, BookMeds is an ecommerce portal for medicines and medical products.
Indian startup BookMeds has secured a seed funding of US$100,000 from a private investor Fabella Singapore Pvt Ltd.
Founded by a young entrepreneur Mohammed Abubakr, an ex-Microsoft employee, BookMeds is an ecommerce portal for medicines and medical products. The online portal gives privilege to the consumers to order medicine and medical products from the convenience of their home. The order is filled and delivered by a qualified and trained pharmacist to the doorstep within 24 hours.
“BookMeds is revolutionizing the way people take care of their health, the whole experience of standing in a line at a medical shop and getting an order filled by someone who may not have even passed high school is about to change,” said Abubakr.
“To make BookMeds a household name in Hyderabad, we have reached out to three investors whom we knew were thrilled by the idea, we were very delighted to quickly raise the angel round from Fabella Singapore Pvt Ltd,” shared he.
Meanwhile, Krish Datta, founder, Fabella explained, “eCommerce in India is growing tremendously, while the generic ecommerce space is already crowded, niche players like BookMeds are very attractive as they can build on the ecommerce habits.”
Reportedly, BookMeds will use the capital to drive sales and marketing and to take the idea to the masses. The pharmaceutical market in India is the third largest in the world; the ecommerce is an emerging channel for medicine and medical equipment and products.
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