Nigeria - Startup under 3 years old

Describe your project or startup in a few words

IbileMeds offers a platform for global users in need of affordable genuine natural herbs but cannot access them. Our platform enables users to purchase natural herbs directly from verified sellers at affordable prices without compromising quality.

01.01 Describe your startup in more detail

IbileMeds is a registered company established in 2022. We are committed to facilitating connections between herbal medicine vendors and global customers. The mobile app provides consumers seeking alternative healthcare remedies access to various herbal products in one marketplace. At IbileMed, we believe that natural healthcare should be accessible to all. That's why we are committed to offering high-quality natural herbal health products at affordable prices. Our aim is to enable people of all ages to experience the safe and pleasant effects of these products without breaking the bank.

01.02 What is the main problem you are trying to solve?

Lack of easy access to buy natural herbs by users in the diaspora. Lack of customers and local sellers of natural herbs within Nigeria and Price is a significant concern for users abroad.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

Merchants will be able to gain more sales on their products by listing on our platform. Merchants' products listed on our platform will be visible to global users of natural herbs. Users of natural herbs will be able to get quality herbs at a reasonable price, delivered to them on time.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

IbileMeds platform is for global users in need of affordable genuine natural herbs but cannot access them. Our platform will allow users to purchase natural herbs directly from verified sellers at affordable prices without compromising quality.

01.05 When was your company established?

2022-02-22

01.06 Are you already selling your product/service?

No

01.07 How many other owners are there within your startup?

2

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

Our team's extensive knowledge and international experience in entrepreneurship and agro-business make us the perfect fit to build IbileMeds. Oyekunle currently serves as the COO of IbileMeds. He founded Kyros Agro Business Global and gained valuable experience in managing small to medium agro enterprises and human and capital resources. Bobola Odebiyi, the CEO and Founder of IbileMeds, previously founded Crosskudi, a U.S.-based FinTech company that offers affordable cross-border payment services to individuals and businesses. Bobola has garnered industry momentum and has won several funds to support the working capital of CrossKudi. Together, we have experienced the pain points that we aim to alleviate, and we are excited to build IbileMeds to provide a platform that connects global users with natural herbs, allowing them to purchase products directly from merchants in Nigeria and the rest of Africa.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://www.ibilemeds.com

01.11 Which industry best describes your project?

f) Healthcare (healthcare equipment and services)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

IbileMeds will empower natural herbs merchants to sell their products directly to global users, thereby increasing their sales and growth. This will improve their socio-economic wellbeing and reduce poverty.

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

The IbileMeds platform is dedicated to empowering local vendors and helping them boost their sales and cash flow. This will enable them to provide enough food to sustain themselves and their families.

02.03.01 My startup contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

The purpose of IbilieMeds is to connect natural herb sellers with global users, so people worldwide, young or old, can have direct access to quality and effective natural medicine to improve their health and well-being.

02.04.01 My startup contributes to the Quality education goal

2

02.04.02 Quality education - Justification for my startup

02.05.01 My startup contributes to the Gender equality goal

6

02.05.02 Gender equality - Justification for my startup

Our platform will give direct access to global users and help women bypass traditional barriers, such as limited local markets and gender biases in business, fostering a more level playing field. Additionally, increased visibility of women entrepreneurs on a global stage can inspire and encourage more women to pursue entrepreneurship, further advancing gender equality.

02.06.01 My startup contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

2

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification for my startup

IbileMeds platform will enable local merchants the opportunity to sell to global customers, hence increasing their sales and supporting their business.

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

IbileMeds platform is bringing global awareness to the usage and benefits of Natural herbs. Our goal is to industrialize the natural herbs industry, which will create employment opportunities, especially for people in developing countries.

02.10.01 My startup contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

3

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

2

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

3

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

3

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

3

02.17.02 Partnerships for the goal - Justification for my startup

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

5

06.02 The product/service represents an entirely new type of product/service.

7 - Strongly Agree

06.03 The product/service could be described as a new technology.

6

06.04 The product/service is an improvement on an existing product or service.

1 - Strongly Disagree

06.05 The product/service could be described as an extension of a range of products or services.

3

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

3

06.08 Justification for my startup

06.09 Competitive Analysis

Our competitors include Jumia, Konga, and social media herbal medicine sellers. Still, they do not specialize in natural herb products or provide a platform for local sellers to sell their products globally.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?