Sminq a Pune based queue management app raised a funding of $1 million led by Blume Ventures and Saama Capital. Vaibhav Domkundwar of Better Inc a micro venture firm also participated in this round. Suresh Shanmugham, Managing Director of Saama Capital will join the board. The funds will be used to add more services and to improve its technology.
The startup was founded by Shachin Bharadwaj, Santhosh Nagarajan and Sheldon Dsouza in July 2015. It aims in solving the waiting problems by physical queues via online. Currently it is working with around 40 paying doctors and clinics in Pune on its platform. Doctors are charged a certain amount to get listed on the App.
Shachin Bharadwaj Co-founder & CEO of Sminq said,
“We have been in the market for close to a year now, and see a very good product market fit for Sminq. We are already generating revenues and have seen great traction when it comes to user engagement with the app. We are also looking to provide the same solutions across different verticals like spas, salons, car and bike service stations by the end of the next quarter.”
It allows the users to book appointments across various business. It claims to be serving 6000 users booking a month for their clients. It charged around Rs 2k – 2500 a month for clinics to get listed.
Suresh Shanmugham said
“The Sminq team and its technology have successfully proven how waiting in physical queues can be eliminated in the medical consulting space. Extension of this value-added service in other prospective areas will open up vast business opportunities for Sminq.”