↩ Go Back
Need help?

Healthcare Portal Investment Opportunity in Cyberjaya, Malaysia

Online medical consultancy start-up with 11 doctors on-boarded seeking funds for product launch.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Cyberjaya
Local Time 2:00 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 20 thousand for 5.0% stake (Native Currency: MYR 100,000)
Reason: For further development and international marketing.
Interested to connect with advisors
Business Overview

- We are a software development company that develops mobile applications and IT software in-house. Have worked on 15-20 projects till date. We have served over 100 clients so far.

- Seeking funds to launch an online medical/doctor consultancy platform. The stake that is on offer is for this new project and not for the business as a whole. Post-funding, we will spin a new entity for this project.

- Plan on launching the application within 2 weeks. Have already finished developing the application and we are in the final testing stages. Our website is fully developed.

- Our target audience are the Indian communities in western economies like USA. Indian communities in countries like USA are interested in homeopathy and Ayurveda but they are unable to find the correct doctors. As a result, we have already on-boarded 7 Indian doctors and 4 Bangladeshi doctors on the platform. As the platform becomes more established, we will start on-boarding US doctors and targeting Indian communities in other countries as well as the general public.

- We will charge a commission of 30% on the consultancy fee. The expense will be borne by the end-users. We will also provide 24 hours emergency doctor support.

- Have 4 collaborators (private entities) based in India, Bangladesh, Malaysia and the US. Have a sister entity in Bangladesh.

- Plan on reaching a target audience of 300 users within 6 months after which the business will start becoming profitable.

- We will engage in digital and social media marketing. Additionally, we will also utilize direct promotion with the assistance of our US collaborator.

- Promoter has over 7 years of experience in the IT sector.

Products & Services Overview

Online doctor consultation with local and international doctors through video conferencing. We will also provide medical report checks and 24 hours emergency doctor support.

Assets Overview

As of date, the business does not own any significant assets.

Facilities Overview

Currently, we are operating out of the parent company's office is in Malaysia. The office has an area of 3,000 square feet and we pay a monthly rent of MYR 2,500. Post funding, we will be shifting to a new office.

Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more