IIM Bangalore · Campus Founders Program 2025

Minute Matters

India's Physical Operating System for Neighborhood Clinics — from Queue to Prescription to Pharmacy.

Sector HealthTech · SaaS · Marketplace Stage Pre-Seed / MVP Market India Primary Care

Slide 02 — Founding Team

The People Behind
Minute Matters

We are a lean founding team combining healthcare operations insight, product thinking, and on-the-ground distribution experience across Delhi NCR.

👤

Shivam Dubey

Founder
👤

Shushant Priyadarshi

CTO
👤

Dr. Shrestha Khanna

Mentor and Doctor

Slide 03 — The Problem

India's 6.5 Lakh Clinics Are
Running on Paper & Prayer

India has 6.5 lakh+ MBBS-qualified private doctors operating neighborhood clinics. They serve over 60% of primary care visits — yet they are almost entirely offline. The reason is not resistance to technology. It is structural friction.

💸 Financial Friction

Existing SaaS (Practo, Eka.Care) charges ₹3,000–₹10,000/month. For a clinic earning ₹50,000–₹80,000/month, this is prohibitive.

📶 Infrastructure Friction

No stable WiFi. No tablet. No POS. Without these, no app works — leading to failed pilots and high churn across all competitors.

🧑‍💼 Human Friction

Receptionists quit every 3–4 months. 40% of clinic downtime is due to staff issues. Untrained staff kills digital adoption before it starts.

⏱️ Patient Friction

Average OPD waiting time is 45–90 minutes. 85% of surveyed patients say they would pay a small fee to know exactly when to arrive.

"Every healthtech startup tried to sell me software. Nobody fixed the fact that I have no WiFi, no trained staff, and my patients wait for 2 hours." — MBBS Clinic Owner, Janakpuri, Delhi

Slide 04 — Market Opportunity

A Multi-Billion Dollar Market
Nobody Has Cracked

6.5L+
Neighborhood Clinics in India
₹2,200Cr
Clinic SaaS TAM (growing 28% YoY)
₹4.2L Cr
Indian Pharmacy & Diagnostics Market
🎯

SAM — Delhi NCR Clinics

~80,000 eligible neighborhood clinics in NCR alone. At ₹21,000/month per managed desk, that's a ₹1,680 Cr/yr opportunity in a single metro.

🚀

SOM — Year 1 Beachhead

West Delhi neighborhoods (Janakpuri, Dwarka, Uttam Nagar). ~5,000 target clinics. Goal: 200 live clinics by Month 12.

Primary Care Visits

500Cr+

OPD visits/year in India. Each one is a potential transaction.

Clinic Staff Market

₹28,000Cr

Annual wage bill for unorganized clinic support staff. Entirely unstructured.

Health Data Buyers

Pharma + Ins.

Hyper-local prescribing and footfall data — currently unavailable at scale.

Slide 05 — Solution Overview

We Don't Sell Software.
We Build the Clinic's Operating System.

Minute Matters is a three-layer platform that embeds itself into a clinic — physically, operationally, and digitally — making it virtually impossible to remove.

Phase 1

Infrastructure Wedge
Free SaaS + Hardware

Phase 1.2

Managed Desk
Staffing-as-a-Service

Phase 2

EMR & Smart Referrals
Prescription Digitization

Phase 3

Data Gatekeeper
Pharmacy + Diagnostics POS

📡

Physical Layer

5G WiFi router + Smart Soundbox deployed inside the clinic. We own the clinic's connectivity and voice.

🧑‍💼

Human Layer

Minute Matters Certified receptionists run the desk under our payroll — EPF, ESIC included.

💊

Digital Layer

Patient app, clinic dashboard, EMR, and marketplace integration with Tata 1mg, Apollo, and labs.

"Competitors like Practo try to build marketplaces from the outside. Minute Matters is already inside the building."

Slide 06 — Phase 1: Market Entry

The Trojan Horse Hardware
& Unit Economics

The SaaS is 100% free — removing the single biggest objection from every clinic owner. Hardware is earned by the clinic through patient volume milestones, protecting our CapEx.

⚙️ MILESTONE-BASED HARDWARE UNLOCK

🔓 100 Patients → WiFi Router

We install a 5G router. We now own the clinic's internet connectivity. Clinic is digitally dependent on us.

🔓 500 Patients → Smart Soundbox

Patient's token number is announced aloud. We now own the clinic's "Voice." Zero competitor can replicate this without ripping out hardware.

💰 REVENUE: THE DISTANCE TOKEN

₹30 / Patient Convenience Fee

Patients buy a "Just-in-Time" arrival slot. Live countdown on app. No more 2-hour waits. 85% survey willingness-to-pay confirmed.

📊 UNIT ECONOMICS PER CLINIC

MetricValue
CapEx per clinic₹4,000
Daily patients (avg)30
Token adoption rate20%
Monthly Token Revenue₹5,400
Doctor Tax (₹1/patient)₹900
Total Monthly Revenue~₹6,300
Hardware Payback< 45 Days ✓
45
Day Hardware Payback
10x
Faster Onboarding vs Practo

Slide 07 — Phase 1.2: Managed Desk

Staffing-as-a-Service:
The "Un-Removable" Layer

In Phase 1, a doctor could theoretically unplug our router. In Phase 1.2, they cannot "unplug" their receptionist. We shift from Tool → HR Department.

📦 THE MANAGED DESK BUNDLE — ₹21,000/Month

  • Minute Matters Certified receptionist (pre-trained)
  • Full payroll management handled by us
  • EPF + ESIC compliance — zero headache for doctor
  • Dashboard & Soundbox managed end-to-end
  • Token adoption maximized (staff incentivized)
  • Doctor interviews no more staff
  • Doctor files no government compliance
  • Doctor trains no receptionist again

📊 ECONOMICS PER CLINIC

ItemValue
Collected from doctor₹21,000
Staff salary₹14,000–₹16,000
PF / ESI compliance₹1,500–₹2,000
Our Management Fee₹2,500–₹3,500
+ Token Revenue Uplift+₹2,000 est.
Total per Clinic/Month~₹5,500–₹6,000

🏆 The Supply-Side Moat

In a market where 90% of clinic staff are underpaid and uninsured, every receptionist in Delhi wants to be "Minute Matters Certified." We become the primary labor gateway for primary healthcare in India.

Slide 08 — Phase 3: The End Game

From Queue Manager to
Healthcare Data Gatekeeper

By Phase 3, Minute Matters owns the WiFi, the voice (Soundbox), and the receptionist. We are the mandatory point-of-sale for every patient interaction — from prescription to pharmacy.

💊

E-Pharmacy Commission

Smart referral → patient books medicine via Tata 1mg / Apollo through our app. We earn 10–15% commission per order.

🔬

Diagnostics Marketplace

Doctor refers a test → patient sees nearest lab + home collection option instantly. Commission per test booked through platform.

📊

Pharma Data & Financing

Hyper-local prescribing data sold to pharma companies. Clinic equipment loans + patient Health EMIs — high-margin financial products.

"We know which viral fevers are spreading in Janakpuri before the government does. We know which pharma brands are being prescribed most in West Delhi. This data is invaluable."
📡

Physical Moat

Own the router & soundbox

🧑‍💼

Human Moat

Own the receptionist

💾

Data Moat

Own the patient journey

Slide 09 — Revenue Model

Multiple Revenue Streams,
Each Unlocking the Next

StreamSourcePer Clinic/MonthPhase
Distance Token Fee ₹30 × patients × 20% adoption ~₹5,400 Phase 1
Doctor Tax ₹1 per patient visit ~₹900 Phase 1
Managed Desk Fee Spread on ₹21,000 package ₹2,500–₹3,500 Phase 1.2
E-Pharmacy Commission 10–15% of GMV per order ₹3,000–₹8,000 Phase 3
Diagnostics Commission Per test booked via platform ₹1,500–₹4,000 Phase 3
Pharma Data & Insights B2B SaaS / licensing High Margin Phase 3
₹6.3K
Revenue/Clinic · Month (Phase 1)
₹12K
Revenue/Clinic · Month (Phase 1.2)
₹25K+
Revenue/Clinic · Month (Phase 3)

At 200 clinics (Year 1 target): ~₹2.4 Cr ARR on Phase 1 alone. Phase 1.2 and 3 multiply this by 4x+.

Slide 10 — Competitive Landscape

Why Every Competitor Has
Failed the Neighborhood Clinic

PlayerModelFree SaaSHardwareStaffingData Layer
PractoSaaS + Marketplace ✗ ₹8K/mo Partial
Eka.CareEMR SaaS ✗ Paid
DocPrime / 1mgPatient-Side App Partial
Minute MattersOS for Clinic ✓ Always Free ✓ Milestone ✓ Staffing SaaS ✓ Full Stack

🚀 10x Faster Onboarding

Zero cost to doctor = zero objection. We sign clinics in one visit vs. competitors' 3-week sales cycle.

🔒 3-Layer Lock-In

Physical (hardware) + Human (staff) + Digital (data) moat. No competitor can replicate all three simultaneously.

📍 Inside the Building

We are not a marketplace knocking on the door. We are the clinic's operating system. The POS is us.

Slide 11 — Validation & Traction

What We've Proven
On the Ground

🧪 EXPERIMENTS CONDUCTED

Primary Research — 100+ Clinic Visits

Personally visited clinics across Janakpuri, Dwarka, Uttam Nagar, and Rohini. Conducted structured interviews with doctors and receptionists. Identified the 3 frictions firsthand.

Patient Survey — ₹30 Token

85% willingness-to-pay confirmed across 200+ surveyed patients at OPD queues. Average wait cited: 67 minutes.

Doctor Interviews — Free SaaS Response

100% of interviewed doctors said "free software" removes their biggest objection. Milestone hardware model was received positively — "fair" was the most common word used.

📈 CURRENT STATUS

✅ MVP App — Built

Patient-facing token app and clinic dashboard are functional. Soundbox integration prototype tested in 2 pilot clinics.

✅ Pilot Clinics — 2 Live

2 clinics in Janakpuri onboarded. Live queue management running. Token adoption at 18% in Week 1, growing to 26% by Week 4.

✅ Staffing Framework — Ready

Minute Matters Certified training curriculum designed. First receptionist cohort of 5 trained. Partnership pipeline with 3 HR compliance firms for EPF/ESIC processing.

Slide 12 — Go-To-Market

The "Paytm QR" Playbook:
Density Before Scale

We deploy a neighborhood-first, density-driven GTM. We do not spread thin across Delhi. We dominate one pin code at a time until we trigger the "Paytm Effect."

Step 1: Target a single neighborhood (e.g. Janakpuri)
Step 2: Sign 50 clinics → QR codes appear everywhere
Step 3: Patients see Minute Matters at every corner → consumer pull
Step 4: Patients demand it at non-MM clinics → inbound doctor signups
Step 5: Move to next neighborhood with brand recognition built
Month 1–3
10 Clinics · 1 Neighborhood · Proof of Unit Econ
Month 6
50 Clinics · 2 Neighborhoods · Network Effect Triggers
Month 12
200 Clinics · West Delhi · ₹2.4 Cr ARR

Slide 13 — Projections

A Path to ₹10 Cr ARR
in 24 Months

MetricMonth 6Month 12Month 24
Live Clinics 50 200 800
Managed Desk Clients 10 80 350
Monthly Token Revenue ₹2.7L ₹10.8L ₹43L
Managed Desk Revenue ₹25K ₹2.4L ₹10.5L
Hardware CapEx Deployed ₹2L ₹8L ₹32L
ARR Run Rate ₹36L ₹2.4 Cr ₹10+ Cr
Gross Margin 55% 62% 70%+

📊 Key Assumption Checks

All projections based on conservative 20% token adoption (vs. 85% surveyed willingness). 30 patients/day per clinic average. Managed Desk ramp at 40% clinic penetration by Month 12.

🛡️ Downside Protection

Hardware payback in under 45 days means we never carry significant stranded capital. Free SaaS model means near-zero churn from Phase 1 clinics.

Slide 14 — Vision & Impact

Building India's Primary Care
Infrastructure Layer

The long-term vision is not a "clinic management app." It is to be the AWS of Indian Primary Healthcare — an invisible but essential layer that every clinic, every patient, every pharma company, and every insurer sits on top of.

🏥

For Doctors

Zero admin burden. Reliable staff. Full compliance. More time to focus on patients instead of operations.

🧑‍⚕️

For Patients

No more wasted hours in queues. Just-in-time arrival. Seamless prescription-to-medicine fulfillment in one tap.

💼

For Clinic Staff

First time ever: EPF, ESIC, a career path, and a brand name. We formalize the most neglected workforce in Indian healthcare.

🇮🇳

For India

Real-time hyper-local health intelligence. Early outbreak detection. Evidence-based public health policy at the mohalla level.

"In 5 years, if a neighborhood clinic in India goes digital — Minute Matters is the infrastructure it runs on. Every token, every prescription, every referral — we are the operating system underneath."

Slide 15 — The Ask

Why IIM Bangalore.
Why Now. Why Us.

🎯 WHY NOW?

  • 📶 5G rollout makes affordable clinic WiFi a reality for the first time
  • 📱 UPI-native patient base — ₹30 payments are frictionless
  • 🏛️ ABHA / ABDM framework creates regulatory tailwind for EMR
  • 💊 E-pharmacy sector growing 40% YoY — our referral layer has a hungry buyer
  • 🏭 Post-COVID, clinic owners are desperate for operational stability

🏆 WHY US?

  • ✅ Only team that identified all 3 frictions through primary research
  • ✅ Pilot live with real token revenue — not a deck exercise
  • ✅ Built the hardware-free-SaaS model before any well-funded competitor
  • ✅ Staffing-as-a-Service vertical is our IP — nobody else is doing this
SEEKING FROM IIM BANGALORE CFP
Mentorship + Network
To accelerate our 200-clinic Year 1 goal
40%
Clinic Onboarding
& Hardware CapEx
30%
Staffing Cohort
Scale & Training
20%
Product & Tech
Development
10%
Operations
& Team

🤝 What We Bring to CFP

A real problem, a real pilot, real numbers — and a founding team that has spent months inside clinics, not just inside a PowerPoint. We are building physical infrastructure, not another app.