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[Funding alert] Online Pharmacy Startup MedEasy Raises $750K In Funding

By Team VS
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MedEasy, a Dhaka, Bangladesh-based online pharmacy company, has raised $750,000 in a Seed fundraising round.

MedEasy, a Dhaka, Bangladesh-based online pharmacy company, has raised $750,000 in a Seed fundraising round.

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Along with participation from other angel investors, the investors driving this round include Seedstars International Ventures, Doha Tech Angels, Startup Bangladesh Limited, Accelerating Asia, and nVentures. To ensure a better user experience and to support MedEasy's R&D initiatives, the funds generated will be wisely utilized to support customer acquisition, improve operations, and increase platform capabilities.

"Our vision has always been to bridge the gap between quality healthcare and those who need it the most. This funding is a validation of our efforts and will enable us to scale our services and reach even more individuals in need. We are excited to have both international and local investors joining this round. Their investment and support will help us accelerate our growth and improve customer experience," said Arefin Zaman, co-founder and CEO, MedEasy.

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By providing a digital lifeline, MedEasy helps people who most need access to real medications and medical advice. The platform asserted that within two years of its launch, it had gained the confidence of over 150,000 users, solidifying its position as a pillar of dependability and trust in the Bangladeshi healthcare industry.

The business added that its future plans call for significant customer base growth, the introduction of a subscription-based feature, the development of a digital vital signs monitoring system, and the launch of an appointment-booking marketplace.

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"MedEasy's nuanced understanding of Bangladesh's unique challenges caught our attention. They aren't just digitizing processes; they're reshaping healthcare experiences for a demographic often overlooked. The chronic patient segment in Bangladesh has specific needs, and MedEasy's data-driven approach to addressing these complexities is what differentiates them from many in the space," said Patricia Sosrodjojo, general partner, Seedstars International Ventures.

About MedEasy

In Bangladesh, MedEasy is the most popular digital healthcare platform. They deliver medications to homes across Bangladesh and offer medical video consultations. The ICT division of Bangladesh also assists us. You can connect with qualified doctors from 23 different disciplines using the MedEasy app and receive consultations via video calling from any location.

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