Best Aid is a fully functional health-tech startup solving significant problems in the health industry.
Current Status
37,000 patients served till now from 2020, which generated 50,000 USD, where paid customers are more than 7138 individuals, the customer retention rate is more than 30%, and annual churn rate is less than 8%.
Problem or Opportunity
Bangladesh suffers from both a shortage of and geographic maldistribution of HRH. There are an estimated 3.05 physicians per 10,000 population and 1.07 nurses per 10,000 population (estimates based on MoHFW HRD 2011). People are not getting proper access to health support mainly because of leak of Human Resources for Health (HRH)
Solution (product or service)
Best Aid focuses on creating maximum access in HRH through technological platforms and is committed to building a one-stop health ecosystem that will be easily accessible for all over the population. Best Aid will enrich that ecosystem with every possible support that a patient needs. Best Aid named the ecosystem Health Digi-verse, which will consist of AI (Artificial Intelligence), ML (Machine Learning), AR (Augmented Reality), NLP (Natural Language Processing), and IoT (Internet of Things).
Business model
Best Aid's business model is a combination of the following business models, which are • Subscription • Freemium • Aggregator • Low Touch • Affiliate Marketing • SAAS • Peer 2 Peer Catalyst/Platform • Data Licensing Those models will also be applicable for B2B, B2C, and B2G.
Incubation/Acceleration programs accomplishment
ICT Fund, Entrepreneurship World Cup 2021 Finalist, Imagine If Bangladesh's 2nd Runner-up position, SimCubator 2021's 1st Runner position.