Photo - MedPiper Technologies Inc
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MedPiper Technologies Inc

world's largest healthcare professional network platform

India, Karnataka
Market: Information and media, Medicine, Education, training, Blockchain
Stage of the project: Operating business

Date of last change: 01.02.2021
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Idea

enabling practitioners verify and profile themselves, to discover opportunity, connect with industry, up skill, and consult with peers.

Current Status

Platform is closed beta.
Users: 64500+ Doctors, 18000+ nurses signed up
Retention: 87% over a 6 month cohort
MAU: 24300+ (Jan 2021)
projected RPU/month for Y21: $4
Open launch: February 20th, 2021

Market

HCP - Healthcare Practitioners (Doctors and Nurses)
Markets: India, South East Asia, MEA

Problem or Opportunity

Healthcare practitioners currently depend on local closed networks for opportunity discovery, industry interactions etc. Organisations find it difficult to verify, authenticate and track HCP records, and migration for practitioners is filled with barriers. Technology adoption for doctors has been slow, and the primary problem at the root of all this is information asymmetry.

Solution (product or service)

MedPiper provides a platform where practitioners profile and verify themselves, and get access to opportunities, skill education, CME/CDE programs, industry associations as well as peer consultations.

Competitors

H1Insights, M3 Corp (Japan), Verifiable

Advantages or differentiators

Asia, particularly India as large investments in healthcare bottlenecked by lack of practitioner data access. India also has about 8% of the world's healthcare practitioners, and Indian practitioners migrate more often and practice globally. By making inroads in India, we already see active traction in over 6 countries.
By focussing purely on career pathways and network, and reducing social interactions; we've been able to engage over 24 mins daily, with intent driven interactions (on notifications) happening in under 2 minutes.

Finance

User Subscriptions, Access fee (api based) for industry, learning module revenue

Cost: Monthly total expense: $10500 (Jan 2021)

Business model

Business Model: Freemium on a Network Platform, 80% of signups currently via organic channels
Users: 64500+ Doctors, 18000+ nurses signed up
Retention: 87% over a 6 month cohort
MAU: 24300+ (Jan 2021)

Money will be spent on

60% : Scaling technology - tools and manpower
20% : growth (awareness) events & marcomm
20% : field sales to drive engagement with associations and stakeholders

Team or Management

Incubation/Acceleration programs accomplishment

NSRCEL, IIM-Bangalore
YCombinator Summer 20

Photos

Photo 1 - world's largest healthcare professional network platform
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video