Arogga

Key People

• Rosina Mazumder - Co-Founder & Co-Chief Executive Officer
  Email: rosina@arogga.com
• Fahad Hossain - Co-Founder, Co-Chief Executive Officer & Chief Operating Officer
• Yawar Mehboob - Co-Founder & Chief Financial Officer
• Shamim Hasan - Co-Founder & Chief Technology Officer

Assessment

Team

Aspect: First-time 10+ yrs
Summary: The founding team comprises first-time entrepreneurs with over 10 years of experience in their respective fields.

The co-founders bring a wealth of experience in healthcare and technology, which is crucial for navigating the complexities of the health-tech industry. Their combined expertise enhances the company's ability to innovate and execute its business model effectively.

Clinical Need

Aspect: Very Strong
Summary: Arogga addresses a critical need for accessible and affordable healthcare in Bangladesh.

Bangladesh faces significant challenges in healthcare accessibility, with issues like counterfeit medicines and limited reach of quality healthcare services. Arogga's platform directly addresses these problems by providing genuine medicines and healthcare products, thereby fulfilling a very strong clinical need.

Competition

Aspect: Somewhat crowded
Summary: The market has several players, but Arogga's unique approach sets it apart.

The healthcare delivery market in Bangladesh includes multiple competitors. However, Arogga differentiates itself through its comprehensive platform, user-friendly app, and focus on genuine medicines, which could provide a competitive edge despite the somewhat crowded market.

Technical Challenge

Aspect: Predictable
Summary: The technical challenges are manageable and within predictable parameters.

Developing and maintaining a healthcare delivery platform involves standard technical challenges such as app development, logistics integration, and data security. Arogga's team has demonstrated capability in managing these aspects effectively, indicating a predictable technical challenge.

Patent

Aspect: None
Summary: Currently, there are no patents associated with Arogga's offerings.

Without proprietary technology or patents, Arogga may face challenges in protecting its innovations and maintaining a unique position in the market. This could potentially impact its long-term competitiveness.

Financing

Aspect: Well-funded
Summary: Arogga has successfully raised significant funding to support its growth.

With a total of $5.5 million raised in seed funding, Arogga is well-capitalized to scale its operations, invest in technology, and expand its market reach. This financial strength is a significant asset for the company's growth trajectory.

Regulatory

Aspect: 510k/PMA
Summary: Arogga operates within the regulatory framework applicable to healthcare services in Bangladesh.

Compliance with healthcare regulations is critical for Arogga's operations. While the company appears to adhere to necessary standards, continuous monitoring and adaptation to regulatory changes are required to ensure ongoing compliance and avoid potential legal challenges.

Opportunity Rollup

Odds of Success

3.65

Peak Market Share

5.25

Segment CAGR

15.1%

Market Segment

Digital Health

Market Sub Segment

Online Pharmacy

Key Takeaway

Arogga is well-positioned to capitalize on the growing digital health market in Bangladesh, addressing critical healthcare needs with a strong team and solid financial backing.