Current Status | Concept / Business Plan |
Amount Invested | RM40,000 |
Funding Required | RM300,001 to RM600,000 |
Description | We are launching an online Travel Portal specific to Healthcare & Wellness Tourism. In our Medical Tourism Portal , we will have Listing of Healthcare & Wellness Packages offered by Leading Medical & Wellness Centers in Asia. E-Commerce of Healthcare Packages onlineFlight Booking – From anywhere to everywhere Hotel Booking Local Cab/ Car Booking 24/7 Customer Support |
Business Opportunity | Medical Tourism Industry Valued at $100B; Poised for 25% Year-Over-Year Growth by 2025.
In a just released report issued by VISA and Oxford Economics, the Medical Tourism industry was projected to growth up to 25% year-over-year for the next 10 years as an estimated three to four percent of the world’s population will travel internationally for healthcare and health-related treatment In its just-released 2016 report, industry-leading journal, Medical Tourism Index™ (MTI), listed the top destinations which features India, Singapore, Thailand, Philippines, South Korea, Japan, China, Taiwan and Dubai from Asia as leading Destinations |
Revenue / Business Model | Referral Commissions from Medical & Wellness Centers ( Service Providers ) : Avg 20 % From Online Flight Booking : Avg 10% From Online Hotel Booking : Avg 25% Banner Advertisement in the portal |
Management Team | Dhruba Bordoloi – Chief Executive Resource Plan : Content Developers Web Developers Graphic Artist Web Administrator Account Managers Customer Support Executives |
Company Background | The project is promoted by AVANZENS TECHNOLOGIES SDN BHD which is a start up Software Consultancy company founded by Dhruba Bordoloi. Dhruba has over 20 years of experience in ICT Industry in Enterprise Software, E-Commerce and CRM domain |
Funding Milestone | Funding Required RM500,000 which will be used mainly for Portal Development Buying API for online Flight & Hotel Booking from Distributors Digital Marketing to promote the Portal in Middle East, Africa, Europe and US |
% Equity Allocation | 25% |
Expected ROI | More than 100% in the 2nd Year |
Risks and Mitigation | Getting new Customer – Mitigation plan – Collect Database of Tourist from Agencies and run E-Email Campaign Customer Retention – Mitigation – We will Loyalty Program where the traveler will be getting special offer in the next trip |
Exit Strategies | Investor can sell his equity. |
Company Name | xxxx TECHNOLOGIES SDN BHD |
Website/Facebook | xxxx |
Business Address | xxxx Bandar Sri Permaisuri Cheras Kuala Lumpur,56000 Malaysia |
Contact Person | Dhruba Bordoloi |
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