Category: November

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Medikabazaar to expand warehousing capacity in underserved regions

The geographical expansion is aimed at reducing delivery turnaround times, ensuring better availability of medical supplies in underserved regions and rural areas, improving accessibility of healthcare supplies and facilities in the remote regions of the country. In order to strengthen the company’s supply chain infrastructure, B2B Health-tech platform Medikabazaar announced the expansion of warehousing capacity across India. The target behind the expansion, is to reduce the wide supply chain gap between metropolitan and tier-II,...

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The Next Unicorn in India May Be CDC-Backed Startup Medikabazaar

Medikabazaar plans to have an IPO in three years, CEO says Digital platform supplies some of India’s biggest hospitals Medikabazaar, an online platform selling medical supplies and equipment to some of India’s biggest hospital chains, aims to hit a $1 billion valuation within the next three to six months as it taps into an e-commerce funding boom in the country. The parent company Boston Ivy Healthcare Solutions Pvt. expects to reach unicorn status by the end...