Inayo, the Mumbai based , on – demand healthcare marketplace raised $300,000 in seed funding from Amit Ranjan, Founder, SlideShare; Kemark Ventures; Zishaan Hayath and others.
The Startup will us the funding for expansion to 22 locations in Mumbai, Delhi and Bangalore as well as for enhancing the product features. The company also plans to process 100 orders per day by October end. Inayo was founded by Raunak Jain, CEO (ex- flipkart, IIT-B) ; Abhishek Sinha, COO (ex-Housing.com, IIM- B) and Purna Chandra, CTO (IIT-B).
Inayo is a mobile app platform that enables customers to order medicines and other healthcare products. You can choose from over 30,000 products across various categories such as from OTC medicines, Ayurveda and Herbal items, healthcare devices, parenting, nutritional supplements & health drinks anytime anywhere.
Its services are available in Powai, and Andheri areas in Mumbai. It is very simple to place your orders- if it is a prescriotion medicines, just upload the image/scan. After you checkout the cart your order will be delivered by a nearby pharmacy within 90 minutes. There is no minimum order value, just that for orders below ₹100, a charge of ₹30 is levied. The android app also has a very cool feature by which users can set reminders and instructions on how and when to take their medicines.
At the moment the company only offers payment through Cash on Delivery. They are working on making their transaction process easier. Inayo competes with players like Healthkart, CureJoy and Religare Wellness Ltd. etc. CureJoy raised a Pre-series A funding led by Accel Partners, last month.