Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Medikabazaar raises $16 million for India’s medical supply chain



ImpactAlpha, November 19 – Inefficiency and lack of transparency in the medical supply chain are obstacles to affordable and quality healthcare in India. Mumbai-based Medikabazaar runs an online medical supplies marketplace to make healthcare necessities available in every postcode in India, especially tier two and three cities and rural areas.

The company has a catalogue of more than 85,000 products for doctors, clinics, and hospitals. Its goal is to serve 50,000 hospitals and clinics from 20 fulfillment centers by 2020.

It has raised $15.8 million in Series B funding to support its growth. Health-focused venture capital firm Health Quad re-upped its commitment from the company’s $5 million Series A round last year, alongside a host of new and return investors, including Belgian impact investing firm Kois Invest.

You might also like...