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Netmeds Launches Medmemo App For Corporate Sector

Targeting the corporate sector through a dedicated app was the brainchild of Bruce Schwack, cofounder and director of communications. Netmeds has offered cashback remittances that every HR can make use of.

No more queuing up outside the office to turn in bundles of medical receipts to the HR. For years, accumulating bills for medical reimbursements have been a daunting task for office employees. HR teams too have to go through an exhaustive procedure of validating the bills for medical reimbursements.

In order to ease the process for both the employees as well as the HR, Netmeds, the healthcare ecommerce portal known as ‘India ki Pharmacy’, has launched a new application, Medmemo. Designed especially for corporates, Medmemo is the brainchild of Bruce Schwack, the cofounder and director, communications of Netmeds, who is always on the lookout for new and advanced methods of reaching out to customers. Medmemo is unique in its ability to combine a pharmaceutical and OTC ecommerce platform with an electronic health records storage application.

Medmemo is a powerful new way of ordering medicines and healthcare products. Besides just managing medical bills for company or insurance reimbursements, Medmemo ensures doorstep delivery of medicines, anywhere in India at the click of a button. The app also offers up to 20 percent discount on prescription medicines and allows connecting with doctors’ networks for free prescriptions.

In order to encourage HR departments to encourage their employees to make use of the Medmemo app, Netmeds has offered cashback remittances that every HR can make use of for CSR contributions, recreational activities, outings and parties. Two per cent cashback is assured on all purchases that will be paid directly to the HR teams of client companies. Thus, Medmemo ensures quick, accurate and authentic consolidation of all medical purchases for annual medical reimbursements.

Commenting on the launch of the new app, Netmeds cofounder and director of communications, Bruce Schwack said, “The idea of Medmemo came to us while watching our own staff cue up each year outside the HR office to turn in their medical receipts for reimbursements. Since Netmeds was already a fully licensed and functional online pharmacy, creating the Medmemo overlay, GUI and feature set was a natural and seamless integration.

It is a time-consuming procedure to save all the physical copies of the medical bills and get them approved by the HR for reimbursements every year. Thus, Medmemo app ensures an organised way of accumulating bills along with cashback offers. We believe the new app will allow us to scale quicker and help us to emerge as the preferred app for a full spectrum of consumer requirements in the medical sphere.”

Netmeds has tied up and aggregated with a number of licensed local pharmacies to fulfil every customer’s needs. Through the new app, users can purchase medicines by uploading a photo of their prescription. Once the order is confirmed, the startup’s delivery staff will buy the medicines and deliver it to the customer’s preferred address. The new application, Medmemo is sure to drive more customers to avail of its services that are hassle-free and convenient to use.


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netmeds Medmemo Healthtech B2B business startups

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