In a sector where rapid scale has often come at the expense of sustainability, Medikabazaar’s recent turnaround marks a notable shift towards profitability and disciplined growth. Following a period of operational reset and under the leadership of its Group CEO Dinesh Lodha, the company has
In just one year, the healthcare supply chain leader achieves 80% YoY growth, ₹582 crore (including GMV) topline in Q2, and turns EBITDA positive through disciplined execution and strategic realignment.One year ago, Medikabazaar embarked on a strategic path of hypergrowth with a clear focus on profitability.
Ravishankar Gopalakrishnan, Group Chief Operating Officer & Wholetime Director, Medikabazaar penned down:India’s healthcare ecosystem is evolving rapidly, and with it comes an urgent need to modernise the medical logistics infrastructure that supports it. According to a report by Grand View Research, the healthcare supply chain
Official Statement from Mr. Vivek Tiwari, Co-Founder CEO of MedikabazaarIn response to recent reports concerning “Medikabazaar”, I categorically deny all allegations of fraudulent conduct or intentional misrepresentation during my tenure as CEO. The claims suggesting my involvement in any alleged inflation of revenue figures are
Medikabazaar, a leading B2B healthcare supply chain startup based in Mumbai, has appointed Dinesh Lodha as its new Group CEO. Lodha, a seasoned veteran with over 20 years in the medtech industry, will be at the helm of Medikabazaar's strategic growth, international expansion, and profitability
Launch Edition by Informa Markets in India Showcases Global Leadership in Medical Technology and Sustainable Healthcare Solutions, attracts over 4000 attendees The launch edition of India Health exhibition, organised by Informa Markets in India, concluded successfully at the state-of-the-art Yashobhoomi in Dwarka, New Delhi. The
Aims to strengthen its commitment to affordable healthcare in IndiaMedikabazaar, a leading B2B online platform serving the healthcare industry, has officially opened its new Central Distribution Center (CDC) in Kolkata on March 8th. The inauguration ceremony was graced by Dr Somnath Chatterjee, Director of Suraksha
Medikabazaar Go (MBGO), the logistics arm of Medikabazaar announced the launch of its electric fleet for last-mile delivery. As part of its commitment to sustainable and efficient operations, MBGO has added electric scooters to its fleet across all metro cities, this will be followed by
The company intends to begin using drones to make deliveries of critical and emergency medical supplies, vaccines, and lifesaving drugs after getting perquisite regulatory approvals. Medikabazaar is conducting the pilot project to understand and sort out the issues and challenges of using drones for
To extend the nationwide distribution network for the availability of its proprietary & award-winning HPod for Corporates & Doctors’ Clinics, thereby strengthening India’s PHYGITAL Wellness Ecosystem Adding another feather to its commitment toward strengthening the medical supplies chain in the country and making innovative devices easily
