Photo - Trambellir Sdn Bhd
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Trambellir Sdn Bhd

Online Booking platform for medical tourism

Malaysia
Market: Tourism, sport
Stage of the project: Operating business

Date of last change: 05.03.2021
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Idea

Travel beyond Food and Sightseeing. Enrich your itinerary with treatments for your health, wellness and beauty. such as energy IV drip,health checkup,teeth whitening,Yoga/Ayurveda, beauty surgery,regenerative medicine to advanced medical treatments as additional activities at travel destinations.

Selling our unique travel inventory to 70,000 travel agencies around the world through TBO holidays as B2A distribution channels.

B2B2C Local acquisition channels with Aeon Credit as cards members privilege program for 3 millions of members.

B2B2C distribution channel with KKDAY.

Current Status

Pre series A Round.
Revenue YOY 2019-2020 700% increased.
2021 todate, YOY2020-2021 300% revenue increased.

Market

The world medical tourism market in 2018 was 37 billion USD, and expected to reach 180 billion USD in 2026.

Half of revenue is from casual medical treatments such as cosmetics and dental. Also 50% revenue generated in Asia region.

Problem or Opportunity

In the huge market of Medical Tourism, there are several players but only boutique/coordination style agencies are operating the business.

Therefore process of booking are not integrated. Also price transparency are not enough. Some players markup high fees for booking.

Its like a travel industry before OTA such as booking.com/Agoda/Klook has established.

Solution (product or service)

As we have experienced in travel activities booking platform, we bring the innovation technology to this market as an additional activities for travelers at their travel destinations.

OTA based API/white label technology, B2A & B2B2C distribution channels as unique travel inventory supplier.

Distributing our travel products to 70,000 travel agencies around the world through TBO holidays. And KKDAY. White label website for airlines as ancillary revenue.

Competitors

Medigo
Airasia.com
svast
GloboMD
TravelDoc
myMEDholiday
Booking health
MediHalt
MyMediTravel

Advantages or differentiators

We are selling medical/wellness/beauty treatments abroad as travel activities products for travelers as additional activities.

Competitors are selling time slot of Hospital and targeting patients.

Finance

10-20% commissions from partner medical institutions. For B2A/B2B2C distribution channels, we split commissions with partners.

Business model

B2C, our platform.
B2B2C, airlines (with white label)
B2B2C,3 millions of card members privileges program with Aeon Credit.
KKDAY (activities OTA)
B2A, 70,000 travel agencies around the world through TBO holidays.

Money will be spent on

20% Develop clinic’s booking system to corral inventory.

40% recruiting former Veltra Malaysia’s engineers & former KLOOK business development team in India.

10% improvement of customer support for white label partners.

30% B2C marketing cost.

Offer for investor

Ordinary share.
Pre valuation USD4M
Fundraising USD1M

Risks

Giant OTA might be joining the market.
But so far airasia.com has launched same business model. It proved that this business model is profitable for airlines as ancillary revenue. But they only have 8 clinics/30 treatments in Malaysia.

Incubation/Acceleration programs accomplishment

RISE 2019 in Hongkong.
Selected Alpha category. Potential startup.

2021 Aviation Festival Asia in Singapore.
Selected as potential travel startup.

2021 Collision startup program.

Sunway accelerator program 2020.

Partnership with
Aeon Credit,
TBO holidays as distribution channels.

Invention/Patent

Trademark.

Photos

Photo 1 - Online Booking platform for medical tourism
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video