Biomall - Mumbai

Backgrounder
About BIOMALL
Biomall was established in the year 2016 by Dr. S. Jhaveri, PhD Chemistry and Chemical Biology from Cornell University, USA. Biomall is a B2B online e-commerce marketplace dedicated to the laboratory, life science and diagnostic products. It is India’s first e-commerce website which offers researchers and lab users’ laboratory products directly online using a secured payment gateway.

Biomall hosts 100,000+ products from 150+ brands across 100+ categories such as chemicals, lab equipment & consumables, microbiology, diagnostics, molecular biology, chromatography, etc.

Biomall has been making a mark in popularity with researchers working in top Indian Institutes like IIT, IISER, IISc, CSIR recognized Institutes and ICMR recognized Institutes to name a few as a one stop online site for authentic laboratory supplies. Pharma/biotech companies, schools and colleges have also started to order online with Biomall. Researchers/scientists who are located in remote areas in north east and eastern regions like West Bengal, Assam, Mizoram, and Nagaland are now able to get access to multiple brands of laboratory supplies, which was otherwise difficult for them.

Till today, Biomall has successfully served to 300+ Indian cities via its online marketplace Biomall has a high conversion rate for international leads, and has successfully exported to 30+ countries in Africa, Middle East, Asia, Europe, South America as well as North America.

The biggest USP of Biomall is that it’s an online platform dedicated only to laboratory, life science and diagnostic products. This separates it from several other marketplaces which sell all kind of products. Biomall gives a target customer base to all the sellers who can then use this platform as a good marketing tool as it caters specifically to the scientists, pathologists, medical, and pharma and QC professionals.
It provides the option to buy lab products directly online in just 3 steps – 1) select quantity, 2) add to cart and 3) place order by making online payment. Buyers can request for a bulk discount if more than 10 packs are needed. Buyers can also post enquiry for products not found on the portal. This enquiry then gets shared to all registered sellers on the portal who can send an online quote to the buyers as per product availability.
Competitors for Biomall include B2B e-commerce platforms like Industry buying & Amazon businesses who provide an online platform for buying all sort of industrial supplies. These sites are however not focused on the lab industry and do not have a wide range of products that Biomall offers. In India Biomall stands as the only comprehensive platform to target the lab professionals through its customized online eCommerce business model and acts as one point of contact for international buyers interested to source their supplies from India.
Biomall.in has developed a technology customized for laboratory industry wherein it enables buyers to connect directly with the manufacturers/suppliers of laboratory products. Manufacturers can also introduce their latest lab technology to the actual users working in the lab through Biomall. In near future, Biomall aims to further develop its technology and build an app for better user experience and is planning to raise funds for its technology venture.

Dr. S. Jhaveri ( Managing Director , BioMall.in)

Dr. S. Jhaveri is a PhD graduate and a successful entrepreneur based in Mumbai. He has done his Ph.D in Chemistry and Chemical Biology from Cornell University, Ithaca, NY in the year 2007 and also done his bachelors in Chemical Technology specializing in Chemistry of Dyes and Intermediates from ICT, Mumbai (formerly UDCT). He has been awarded Dr. Sundar Aggarwal award for outstanding Indian Students entering Ph.D. program in Chemistry and Chemical Biology at Cornell University.

In the year 2012 he started his distribution business for laboratory products under the company Chargen Life Sciences LLP. During the initial 3 years of the distribution business, he studied the lab industry market deeply and analyzed the problems faced by laboratories. Based on this analysis and the growing consumer inclination towards e-Commerce, he found an online platform connecting buyers and sellers of lab products to be a perfect solution to tackle the current problems. Thus, in mid-2016, he launched India’s first online marketplace for laboratory products – Biomall.in.

Earlier he worked as an Independent consultant with Universal Consulting, where he carried out market research on the impact of new technologies in the knee implant market in India, assessing market feasibility for a Point-of-Care Testing Device in India and UAE. He was a visiting student at Massachusetts Institute of Technology, USA.
He has trained mentored and supervised several students. He also lectured in class, graded exams, and conducted office hours for freshman chemistry students in USA. Dr. S Jhaveri believes that passion, hardwork, self-belief and being positive are key mantras to be a successful entrepreneur.

Visit - httpsbusinessconnectindia.in/press-release/biomall/