Category: Media Coverage

Online B2B platform Medikabazaar has launched its Artificial Intelligence (AI) and Machine Learning (ML) based inventory application Vizi. Vizi will provide accurate stock projections to help hospitals procure the right quantity through an actionable purchase list of products. It will help hospitals avoid situations of both overstocking as well as stocking out, the company said in a statement. Vivek Tiwari, Founder and CEO, Medikabazaar said, “It is a well-known fact that medical supplies comprise approximately one-third of the...

Medikabazaar, a B2B online marketplace for medical equipment and supplies in India, has raised Series A funding of US$ 5 million in December 2018 led by venture capital firm HealthQuad and Rebright Partners. This enables the company to improve its technology and scale-up its supply chain and logistics operations.   Efforts to strengthen its Artificial Intelligence and Machine Learning application ‘Vizi’ are underway. Vizi is an algorithm to accurately identify brands, manage inventories efficiently,...

Healthcare is undergoing a radical change with the advancement of technology. There is tremendous increase in preventive and curative diagnostic and treatment procedures, each requiring some or the other medical device, equipment, and/or consumables. Therefore, it’s a priority for hospitals to stock the necessary supplies so that surgical cases are executed as and when planned without having to face the problem of unavailability of supplies. However, it is tough for hospitals to plan for...

Medikabazaar is one of the leading B2B online marketplaces for medical equipment and supplies. The platform enables hospitals and doctors to make a direct purchase of medical devices without the interference of middle party The cost of healthcare has always been a huge problem for patients and insurance companies. What can one do about it? Public hospitals are not as reliable and private ones cost a fortune. For Vivek Tiwari, who was working as...