‏إظهار الرسائل ذات التسميات LimeRoad. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات LimeRoad. إظهار كافة الرسائل

Limeroad Head of Product Joins Curofy to Walk the Monetization Route

Curofy, the largest community of verified doctors has appointed former Head of Products Limeroad, Abhishek Sharma as VP Products.  As a seasoned campaigner, he has been a part of the start up ecosystem right from his early days at Flipkart. An IIT Delhi graduate rose up the ranks from a founding member of its technology team to become the Head of Products at Limeroad and has played a pivotal role in their success.

Abhishek has also tried his hand at entrepreneurship for a brief span of time when he started Offerbean.com, an eCommerce marketplace platform in 2011. With Abhishek in the team, the co-founders firmly believe that Curofy can certainly monetise their business without affecting the user experience.

Curofy has started pilots with major healthcare stake-holders in the industry.  Pharma giants like GSK, Abbott, Sanofi are already onboard to take advantage of the ever-growing and highly engaged doctor’s community on Curofy.  Curofy has also tied up with Philips in another deal that can prove to be crucial going into their next phase of growth.

Apart from the big names, various smaller firms have reached out to Curofy in order to get doctors on board economically. The projects range from product launches to webinar campaigns to brand recall to hard sales. The market for digital marketing of pharma products, medical devices, medical recruitment and medical content is expected to reach to north of US$1bn in India by 2021.

“The sheer range of projects the industry is coming up with is testimony of the potential they see in us.” says Pawan Gupta, co-founder, Curofy. “These pilots will also help us in zeroing in the best monetization paths for us.” he adds.  As the co-founder puts it, so far so good till now. “The industry is looking to go digital. They have identified companies Curofy as a viable channel. This poses a serious challenge, as it has not been before. And we are definitely up for it”.

In a time when the medical industry as whole is looking to cut down marketing budgets not only because of rising competition but also because of various government regulations. Hence digital has emerged as viable option for the industry to mobilise their target audience. Incidentally, this movement is turning out to be a global phenomenon. As it turns healthcare industries all over the world were facing inefficiencies of some kind, which they are actively trying overcome. Hence Curofy is venturing into pilots in certain countries where the time seems right.

Curofy has started its pilots in countries like UAE, Lebanon, Turkey and Saudi Arabia. "The pilots were mainly to judge the markets in these countries. Though language has been a palpable barrier, we have received pretty great response especially from Turkey where the market is very similar to that of India’s.", says Gupta.

Curofy wants to make the doctors more efficient every day. And if they can solve the industries problem and yet keep the experience of the doctors intact, they would go a long way towards achieving their ambitious dream. They have weathered the storm. They now need to ride the wave. And with a team comprising of the best of talents available today, the dream is certainly on.

Deals: RapidValue Get Rs.25 crore and LimeRoad raises $15 million

deals-funds

RapidValue, a Bangalore-based provider of end-to-end mobility solutions to enterprises worldwide, has received Rs.25 crore in funding from venture capital fund Helion. This is Series A investment from Helion in RapidValue.

RapidValue, which helps companies migrate their business operations to laptops, tablets and smartphones, delivers its services to the world’s top brands and fortune 1000 companies and has offices in the United States and India. In year 2011 RapidValue has been chosen as Top 15 emerging firm in field of innovation by Nasscom.

RapidValue will use the invested funds to grow in various geographies and strengthen its delivery capabilities.

Helion is a leading India-focused venture fund with over $600 million under management. This is the second investment by Helion Venture Partners in the enterprise mobility space after EzeTap and marks its fourth deal of the year.

Rahul Chandra, Managing Director, Helion will join board of directors and Rodney Rogers, Chairman and CEO, Virtustream will join as Independent Director.

LimeRoad raises $15 million

About another important deal, LimeRoad, a leading online social discovery platform for women, has raised $15 million in Series B funding, led by Tiget Global, with participation from existing investors Lightspeed Venture Partners and Matrix Partners India.

The deal is said to be one of the largest Series B rounds secured by an online commerce company in India.

Limeroad is founded by Suchi Mukherjee an Ex-eBay, Skype and Gumtree and the recent funding will help to LimeRoad meet its goal of becoming the most delightful lifestyle discovery platform for women in the country, help to launch of its Android mobile app as well to reach India’s nearly 100 million smartphone users.

Major competitors of LimeRoad in online social discovery e-commerce platform are VioletStreet and and Doozton, a fashion discovery site that was recently acquired by Snapdeal.

Image source - Flickr

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