What is the name of your organization?
Gleeworld Pharmacy
What is the name of your solution?
Medfinder
Provide a one-line summary or tagline for your solution.
AI-powered pharmacy marketplace digitalizing offline pharmacies and connecting users to nearby pharmacies for access to safe and affordable medicines.
In what city, town, or region is your solution team headquartered?
Lagos, Nigeria
In what country is your solution team headquartered?
Nigeria
What type of organization is your solution team?
For-profit, including B-Corp or similar models
Film your elevator pitch.
What specific problem are you solving?
Over 50 million Nigerians (and 200+ million Africans annually) struggle to access essential medications due to fragmented pharmacy networks, lack of real-time inventory visibility, and limited access to private, accurate pharmacist consultations for minor ailments. Patients waste significant time commuting and queuing at multiple pharmacies, often facing stockouts or overpriced medicines. This delays treatment, increases healthcare costs, and exacerbates health disparities, particularly in underserved areas.
Additionally, 90% of Africa’s 50,000+ pharmacies and 200,000 Patent and Proprietary Medicine Vendors (PPMVs) operate offline, lacking digital tools for real-time inventory management, online sales, and enhanced pharmacist consultations. This inefficiency leads to revenue losses of up to 33% for pharmacy owners due to stockouts, overstocking, expired products, and missed opportunities in the growing online market.
Medfinder addresses these challenges by creating a digital marketplace that connects patients to nearby pharmacies with real-time inventory updates, enabling quick access to medicines and remote pharmacist consultations. For pharmacies, the platform provides tools to streamline operations, reduce waste, and tap into the digital economy. By bridging these gaps, Medfinder improves healthcare access for millions while empowering pharmacies to thrive in a competitive market.
What is your solution?
Medfinder is a mobile and web-based AI-powered pharmacy marketplace that digitizes offline pharmacies and PPMVs (local chemists), enabling seamless medication discovery, remote consultations, and convenient ordering options for users. The platform connects patients to nearby pharmacies with real-time inventory updates, allowing them to quickly find medicines, compare prices, and choose between doorstep delivery or in-store pickup.
For pharmacies, Medfinder provides tools to enhance their digital presence, streamline operations, and expand their customer base. Pharmacies can upload their inventory in one click and automatically create a digital store, thanks to our API and robust database of medicine images and content. This feature eliminates the need for manual data entry, making it a game-changer in digitizing Africa’s fragmented pharmacy networks.
By leveraging location-based technology, AI-powered search, and a user-friendly interface, Medfinder bridges the gap between patients and pharmacies, ensuring faster, more affordable, and reliable access to essential medicines. The platform also addresses pharmacist shortages by enabling remote consultations for minor ailments, reducing the need for in-person visits.
Watch our pharmacy demo video here (https://www.youtube.com/watch?v=7ecDKqKgGtM) to see how Medfinder empowers pharmacies to thrive in a competitive and increasingly digital economy.
Who does your solution serve, and in what ways will the solution impact their lives?
Medfinder serves two primary groups:
1. Independent Pharmacies and PPMVs (Local Chemists): Over 90% of Africa’s 50,000+ pharmacies and 200,000 PPMVs operate offline, lacking digital tools for inventory management, online sales, and customer engagement. Medfinder empowers these businesses by providing a one-click solution to digitize their inventory, create online stores, and reach more customers. This reduces revenue losses from stockouts, overstocking, and expired products while helping them tap into the growing digital economy.
2. Patients and Caregivers: Medfinder serves individuals, particularly busy professionals like working mothers, who struggle to find affordable, quality medicines and reliable pharmacist consultations for minor ailments like malaria, cough, and colds. By connecting users to nearby pharmacies with real-time inventory updates, Medfinder eliminates the need to visit multiple pharmacies, saving time and reducing healthcare costs. The platform also offers AI-assisted remote consultations, making healthcare more accessible and convenient.
Together, Medfinder bridges the gap between patients and pharmacies, improving healthcare access for underserved populations while empowering small pharmacy businesses to thrive in a competitive market.
