An Ethiopian startup, Medstore, that connects buyers and sellers of medical equipment online has launched new features and services to enhance its platform and generate income.
Founded in 2020 and launched in March 2021, Medstore is a digital marketplace that allows users to sell and buy medical equipment online, and publish and subscribe to medical equipment tenders.
The startup aims to make the medical equipment supply chain more efficient and transparent in Ethiopia and beyond.
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New services for users and partners
The startup has announced that it has introduced paid services to its platform, such as premium listings, featured ads, and subscription plans. These services are designed to provide more value and visibility to users and partners, and to create a sustainable revenue model for the startup.
The paid services are optional and users can still access the basic features of the platform for free. The startup said that it has already secured some paying customers and partners, such as hospitals, clinics, and medical equipment suppliers.
New features for healthcare talent
The startup has also expanded its digital offerings with the launch of “Medstore Jobs”, a dedicated healthcare talent marketplace. This new feature caters specifically to the healthcare industry, connecting businesses with the right talent.
“Medstore Jobs” seamlessly integrates with existing Medstore accounts, enabling users to access both marketplace functionalities and talent acquisition solutions under one roof. Users can post and apply for jobs, browse and contact candidates, and manage their profiles and applications.
The startup said that it has already received positive feedback and interest from both employers and job seekers in the healthcare sector.
Medstore vision to transform the healthcare industry
The CEO of Medstore, Chernet Mequanent, said that the startup is constantly innovating and improving its platform to meet the needs and expectations of its users and partners.
“We are excited to launch these new features and services, which will enhance our platform and provide more value to our users and partners. We believe that by connecting buyers and sellers of medical equipment online, and by connecting businesses and talent in the healthcare industry, we can transform the healthcare sector in Ethiopia and beyond,” he said.
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What are some other startups in Ethiopia’s healthcare sector?
Ethiopia’s healthcare industry is home to a number of entrepreneurs that are creating cutting-edge solutions to raise the standard, accessibility, and cost of medical goods and services. Here are a few instances:
A firm called Across Express offers a platform for the online purchasing and delivery of pharmaceutical items, including prescription drugs, medical supplies, and cosmetics. The goal of Across Express is to improve customer and pharmacy convenience and accessibility to healthcare.
ConDigital is a startup that provides telemedicine, cloud-based platforms for digital health records, and analytics for health data. ConDigital seeks to enhance the efficacy and efficiency of healthcare administration and delivery.
Garri Logistics: A young company that offers a website for ordering and receiving fresh goods, such as fruits and vegetables, as well as groceries. Additionally, Garri Logistics sources organic and healthy food supplies by collaborating with nearby farmers and cooperatives.
Orbit Health: This firm offers a platform for online scheduling and payment of medical services, including prescriptions, tests, and consultations. Additionally, Orbit Health provides basic and secondary care coverage for its health insurance policy.
Berrymuch: A new company that offers a website where customers may order and get nutritious foods including nuts, seeds, and dried fruits. Additionally, Berrymuch informs its clientele on the advantages of leading a healthy lifestyle.