• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

ModFx is making a Unique Connection between Technology & Blood Donations

By: PRUnderground
February 26, 2025 at 23:11 PM EST

Improving Blood Donations in India where almost 12,000 human lives are lost daily due to lack of quality blood requires a revolutionary approach. ModFx Labs, founded by IITB, Wharton & Berkley graduates is trying to address this problem with unique approach - a program of Incentization & the use of its Consent-Driven Location Technology.

(PRUnderground) February 26th, 2025

India has a huge gap in the blood supply. It requires approximately 30 million blood units yearly, whereas the supply via blood donations is able to cater to approximately 70% of it. The non availability of quality blood causes a loss of nearly 12,000 precious human lives daily.

ModFx Labs, a company founder by 5 graduates from IIT Bombay, Wharton & California Berkley is trying to solve this problem with a program of incentization & the use of its Location Technology. The company pays INR 1000 to each blood donor after validating his visit to a blood donation camp. The validation is performed using the company’s Location Technology Platform. Before validating the visit, ModFx Labs takes explicit SMS consent from each blood donor.

The founders have meticulously picked their roles. Mandeep Singh engages with Mobile App companies, Anant Pokharna manages the NGO partners, Saurabh Saxena marshals Government App associations, Kinshuk Jerath advises framing of blood donor incentive programs whereas Pulkit Grover deals with minimizing the resources consumed for anonymous Location Data processing

ModFx Labs works in partnership with multiple NGOs. The company extends it’s incentives across the Indian states of Bihar, Jharkhand & Madhya Pradesh. ModFx Labs intends to increase it’s blood donations by 200% in the next 1 year. We believe offering good incentives to blood donors is the best approach.

The NGO partners send the company a daily list of blood donors who claim to have donated blood at a certain blood donation camp. ModFx Labs Location Technology Platform validates their visit to relevant blood donation camps. Then, the company notifies the relevant NGO Partners with a list of blood donors who actually visited the blood donation camps using its Non-Personally Identifiable Location-Data based Technology Platform. Finally, the NGO partners pay INR 1,000 to each of the validated donors. The company’s use of data thoroughly respects User Privacy. The founders believe incentivization is the future of Blood Donations.

The company uses 2 types of data in its Technology Platform. The 1st type of data is the Advertising ID based mobile location data & the 2nd type is the mappings between MD5 encrypted Mobile Numbers & Advertising IDs. Both types of data are completely Non-Personally Identifiable & anonymous. On top of that, the Company secures text consent from the blood donors before using their location data. The company secures the mappings from Mobile App companies in India with support from the Ministry of Health & Family Welfare.

About ModFx Labs Private Limited

We are enabling blood donations in India using our location technology platform. We pay INR 1,000 to each blood donor after validating his/her visit to a blood donation camp using our location technology. We take explicit consent from each blood donor before tracking his/her location. Till now, we have enabled 38,000 blood donations. We have the support of Ministry of Health & Family Welfare, Indian Central Government.

The post ModFx is making a Unique Connection between Technology & Blood Donations first appeared on

Press Contact

Name: Mandeep Singh
Phone: +91-9845714575
Email: Contact Us

Original Press Release.

More News

View More
This Drone Stock Is on Sale Despite Big Army Contract
Today 7:08 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers PLTR RCAT
5 Stocks to Buy in August With Tremendous Upside Potential
Today 7:02 EDT
Via MarketBeat
Topics Stocks World Trade
Tickers AMPX CMG NOC SBUX
Visa Beats Q3 Earnings Expectations, So Why Did the Market Panic?
July 30, 2025
Via MarketBeat
Topics Economy
Tickers V
How Marvell Went From Short Target to Breakout Star
July 30, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers MRVL MSFT
Palo Alto Networks: The All‑in‑One Cybersecurity Powerhouse
July 30, 2025
Via MarketBeat
Topics Artificial Intelligence
Tickers OKTA PANW
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap