Your business gets CareOnGo via mobile phone application

BENGALURU: E-pharmacy startup CareOnGo has launched a business-to-business mobile app, InstaStock, partnered with financial technology player LendingKart to allow instant working capital loans for retailers. Through the InstaStock app, retailers, hospitals and other healthcare institutions can procure medicines as well as health and wellness products directly from more than 100 pharmaceutical companies and brands.

The startup's logistics system will eliminate the middle man and help make the delivery within 18 hours. Once a retailer comes on board through the app, he will have to upload certain documents such as the drug licence and vat licence, said cofounder Aditya Kandoi.

The app provides the retailer with details about wholesale prices, discounts offered and the payment options, Kandoi added. The app includes an analytics platform, ' Pharmalytics', which will provide insights into customer profiles, top-selling medicines by locality, consumer behaviour and demand predictions.