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DrBridge negotiates with investors to attract $10m - Daily News Egypt

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DrBridge negotiates with investors to attract $10m

We took serious steps to expand in Jordanian market, says CEO

By Mohamed Alaa El Din

DrBridge Company is negotiating with a number of investment funds to attract investments worth $10m, company CEO and co-founder Amir Barsoum said.

It plans to use the attracted investments to expand its services in the Gulf area. It aims to finish negotiations before the end of 2015.

Barsoum said the company is currently preparing to expand its services in the Jordanian market, praising the interest the company received from Jordanian officials and from the King of Jordan.

It is necessary to amend the legislations and laws for the establishment companies to make them easier and less time consuming, Barsoum said.

This will enable increasing the number of established start-ups and will contribute to the growth of the entrepreneurship sector, especially since it is one of the most promising sectors for attracting investments in the upcoming period, he added.

DrBridge is specialised in offering online medical services through its application Vezeeta, which allows patients to make reservations in clinics, hospitals, and laboratories online. The company obtains specific fees from the doctors, radiology centres, and labs existing in its platform in exchange for the service offered by the company, and the patient does not pay any fees for using the services.

According to Barsoum, the regular way of collecting the fees through an employee was enabled, as well as through credit cards. Moreover, the company is currently negotiating with Fawry Banking & Payment Technology Services to use its technological solutions to collect the fees. The service will launch before the end of 2015.

The company now makes about 10,000 reservations monthly for between 1,500 and 1,700 doctors through its online platform, and it aims to increase the number of doctors on its platform by 1,000 doctors each month. DrBridge has acquired funding worth $4.5m, from the iDevelopers fund to support IT, in 2012.

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