Innovative B2B E-commerce Solution Transforming the Pharmaceutical Industry in India

Overview:

MedicoStores.com is a B2B e-commerce platform that streamlines the pharmaceutical supply chain in
India, connecting stockists, distributors, and pharmacies while addressing critical challenges faced by
the industry.

Market Size:

India's pharmaceutical industry is valued at around $42 billion, with thousands of stockists,
distributors, and pharmacies as potential users for our platform.

Key Problems:

1. Limited visibility of medicine availability with stockists/distributors

2. Inefficient and delayed delivery of medicines
3. Difficulty in acquiring new customers for stockists
4. Lack of insights into market trends
5. Security concerns in sharing sensitive data (e.g., Rack Stock information)

Solution:

MedicoStores.com addresses these problems by offering real-time inventory visibility, efficient

delivery services, a platform to connect buyers and sellers, valuable market insights, and secure data
sharing.

Unique Features and Technology:

1. Geo-location-based search for medicine availability

2. Cloud-based solutions and microservice architecture
3. Omni-channel application for seamless user experience
4. Integrated delivery services for efficient medicine transportation
5. Real-time data backup and secure cloud storage

Revenue Generation Strategy:

1. Subscription fees for stockists (₹ 449.00/month).

2. Delivery services ranging from ₹12- ₹40 (up to 2kg parcels) within 20KM radius.
3. Commissions on R2R and R2S transactions
4. Retailer subscriptions for B2C application integration (₹299/month)

Customer Acquisition and Retention:

1. Personalized communication through customer care

2. Online and offline marketing efforts
3. Strategic partnerships and collaborations
4. Continuous feature development and superior user experience
5. Comprehensive onboarding, training, and support

Milestones and Achievements:

1. 750+ users within 15 months of going live

2. Connected to 150+ stockists
3. Timely delivery of medicines during critical situations
4. Introduction of new features such as online/offline pickups
Funding and Financials:

Seeking $100K in funding for integrating ERP systems, feature development, and expanding into
other major cities.

Contact Information:

Email: nagendra.yenugula@medicostores.com
Phone: +44 - 7850327336
Email: umamahesh.kotapati@medicostores.com
Phone: +44 - 7931467866

India Contact: +91- 9777059595

Website: www.medicostores.com
Facebook: https://www.facebook.com/Medicostorespharmamarketplace/
Instagram: https://www.instagram.com/medicostores/
Twitter: https://twitter.com/medico_stores
Video: https://vimeo.com/597557986/383b4b9803