Meddo to launch 20 branded and digitised medical centres within the first month of the launch
Health Tech start-up Meddo has announced its expansion to Bangalore. The company recently closed Pre-series A funding of Rs 6 million. It will be launching 20 fully branded and digitised medical centres within the first month of the launch and is targeting to scale up to 200 clinics by the end of the year.
The start-up already has a network of 250 plus clinics in Delhi NCR and has over 400 general physicians, specialists, and super specialist doctors in its network in Delhi.
Talking about the expansion plans, Mr Saurabh Kochhar, Founder and CEO, Meddo, said, “Bangalore is a technology hub and majority consumers are tech natives or early adopters. This makes the market conducive for uptake of omni-channel innovations and solutions like Meddo. To begin with, we will focus on Central and South Bangalore and launch approximately 200 clinics within the first six months of operations within the city. Depending on the uptake by the consumer, clinicians, and allied stakeholders, we will plan the second phase of expansion to more remote corners of the city and beyond. Our aim is to expand to top 10 cities of the country within the next two years.”
Talking about the criteria for shortlisting suitable OPD clinics for overhauling and conversion to a fully digitised Meddo medical centre he added, “Meddo enjoys the unique advantage of interacting with the patients and the clinicians’ first-hand and therefore has access to insights. Over years, we have built a strong understanding of patient needs and empathize with clinical priorities and limitations. Meddo works at bridging the gap between the two by scaling the infrastructure, technology and offering administrative support before and after the consultation to complete a patient and clinician’s journey. We understand nuances of the doctor discovery process and including hard and soft criteria like the qualification of the doctor, overall experience and intricacies involved in running the practice, which help us identify areas of good partnership.”
Over the next few months, the company has plans to launch a digital marketing campaign to announce its entry in Bangalore and will initiate a dialogue with diverse medical stakeholders within the city including doctors, diagnostic chains, technology solution providers and more.