GetDoc seeking RM500K startup funding

GetDoc seeking RM500K startup funding

Project Cost: RM500,000

Amount Invested : Just Started

Amount Required : RM500,000

Knowledge / Experience Required:
strategy
sale & marketing
internationalisation

Proposed Investor’s Role: as mentor

Industry:
informatics / multimedia
internet
tourism / hospitality
biotechnology / healthcare

Project Stage: concept

EXECUTIVE SUMMARY:

Company History:

Jerry Hang Yih Chyuan, 31 Years Old. In Medical Industry for the past 5 years, has close connection and relationship with all the doctors, clinics, hospitals, medical representatives, pharmaceutical companies…etc. Top Sales in Northern Region for the pharmaceutical company used to work with 3 years consecutively. Experience in International Trade and Exhibition. Founders and Growth Hacker of a few Tech Startup like www.MediqueGroup.com, www.DoVideoNow.com, www.IamJerryHang.com, www.MalaysiaSMENetwork.com.

Lim Ching Ching, 29 Years Old. Graduated with Master of Science in Radio System and Logistic Technology from University of Hull (UK). Work in Molorola Solution Penang as Senior RnD Engineer since 2008. Four years specialize in receiver design and two years in radio devices software programming by using C and C++. Experienced in develop web application using WordPress, PHP, HTML5/CSS with database MySQL.

Product / Service Description:

We wanted to Redefine The Experience Every Malaysian Access to The Doctor Nowadays with IT integration. In 21st century, the way how patients connect to a doctor in Malaysia is a joke! They don’t have any instant access to the healthcare nearby when they are terribly sick; not to mention the time wasted outside to wait for a doctor…So, we plan to provide a platform for all Malaysian to SEARCH, SELECT and BOOK the Doctor instantly via internet- connected device by searching Nearest Location, Doctor’s Specialty, Doctor’s Name, Clinic Name and etc… We named it GetDoc, Connecting Patient to The Doctor Instantly!

Business Opportunity:

Our Target Buyers are 30,000++ Certified Doctors* as at 2013 throughout whole Malaysia. Our Target Users Crowd are Internet User Malaysian from age 15s to 50s from the whole population of 30Million as at 27th February 2014.**

(Sources:
* http://mmc.gov.my/v1/docs/Annual%20Report%20Draft-%20Final%20X-2013.pdf
** http://www.thestar.com.my/News/Nation/2014/02/26/Malaysia-30-mil-population/)

Revenue Model:

It will be available to public users for FREE and available to Doctors for FREE for first 6 months then we will monetize in 3 Phases.
Phase 1: Doctor only pay when there is booking make by patient. RM1 per Booking.
Phase 2: Doctor subscribe to certain amount of monthly subscription fees. RM1080 for 1 Year Contract (RM3 per day), RM720 for 3 Years Contract (RM2 per day), RM360 for 5 Years Contract (RM1 per day).
Phase 3: Doctor or Pharmaceutical company Advertise through our platform. Campaign Basis, range from RM500 to RM50, 000.

Management Team: Roles in our Team:

Jerry Hang – Main Operation and Doctors and Users Acquisition
Lim Ching Ching – Developer

Current Status:

Idea and Conceptualize Stage.

Funding Milestone: Phase 1: RM150, 000. MVP Stage. Estimated time less than 6 months.
Phase 2: RM500, 000. Expansion Stage. Estimated time 6 – 24 months.
Phase 3: RM2 Million. Regional Expansion Stage. Estimated time 24 – 60 months.

All to be use for:
1. System development including patient booking interface, clinic schedule management, and admin database system.
2. Acquisition of Doctors and Clinic to join the system.
3. Acquisition of patient to use the system.

Business Valuation: 30% Equity.

Expected Return On Investment: 50%

Investment Risk and Mitigation: n/a

Exit Strategies: Funded and Acquisition.

CONTACT PERSON

Hang Yih Chyuan (Jerry) ( jerryhang83@gmail.com)
Company Name: GetDoc Enterprise
Postal Address : 5-6-2 Ocean View,
Lebuh Sungai Pinang 1,
State : Penang
Post Code : 11600
Country : Malaysia
Telephone : +60164189189
Website : www.GetDoc.my
Mobile: +60164189189

 

CAPITAL.MY