The Farmacare team
Farmacare, which helps community pharmacies in Indonesia be more competitive and provide better services for their neighbourhood, has secured an undisclosed amount in seed funding.
Led by Beenext, the round also saw participation from Taurus Ventures, iSeed SEA, Indonesia Women Empowerment Fund, and unnamed angels.
“We are excited to announce the closing of seed investment in Farmacare, led by BEENEXT with Taurus Ventures, iSeed SEA, IWEF (Indonesia Women Empowerment Fund, a fund operated by Moonshot Ventures and YCAB Ventures), and angels,” founder Adi Sudewa said in a LinkedIn post.
“We are growing by leaps and bounds, but still early in our dream to create positive impacts for community pharmacies, distributors, and millions of Indonesians who need much better access to medicines and other pharmaceutical products,” he added.
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Founded in 2020, Farmacare offers a cloud-based pharmacy business management solution. It assists pharmacies in the archipelago with the daily administrative workflow management, thus increasing the efficiency and potential of their businesses.
Its solution boasts of features such as sales record management, inventory tracking, and CRM. Pharmacies can monitor their business performance from anywhere, anytime. They can also see daily sales per employee, check purchase invoices, monitor stock of goods, and monitor multiple pharmacies using a single app.
Farmacare also helps prevent potential losses that usually occur in pharmacies, such as fraud due to unrecorded sales and purchases; items lost, expired, or dead stock; and empty goods and rejected customers.
Subscriptions are available at IDR 149,000 (US$10.5) a month for the three-month package or US$136,000 (US$9.6) a month for the one-year package.
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Image Credit: Farmacare
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