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BusyMed receives an undisclosed sum from LionPride Agility Fund

The Port Elizabeth based startup connects pharmacies with end consumers

BusyMed

BusyMed works closely with pharmacies to improve their consultation, customer engagement, and access to products and services. The digital platform is specifically tailored to accommodate most of their needs. BusyMed just announced an undisclosed investment sum from  LionPride Agility Fund.

None of the two parties involved have disclosed the exact investment sum. Mphati Jezile is the founder of BusyMed which is based in Port Elizabeth. This startup connects consumers with pharmacies through a digital platform offering online consultation. The platform allows companies to: Provide online consultation services, relay stock information in real-time, and handle product and medication purchases through speedy home deliveries. BusyMed fills a gap in the market where consumers can directly seek consultation services from doctors including prescription management service.

The LionPride Agility Fund

The fund was launched in December last year was linked to South African entrepreneur Vinny Lingham, who is associated with social enterprises. Deven Govender, CEO of LionPride was quoted saying “we see potential in Mphati” and pointed out the “significant potential”of BusyMed.

Are we expecting a nationwide launch?

In a conversation with Ventureburn, Jezile disclosed that the investment will go into the creation of an app for its platform. The expected launch date will be next month. The app currently has a team of 4 members who are signed to 69 pharmacies in Cape Town, 50 in Pretoria and Johannesburg, and 12 from Port Elizabeth. A premium version of their web services will run cost R1650 if you want to access the full range of features.

 

 

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