Did you know or realize that the medicines you and I buy from a Chemist or Pharmacy, may not be efficacious and help address the ailment that you bought the medicine for, in the first place?
Are you aware that the quality of the injectable Insulin you bought, to control your Blood Sugar, may have had a very compromised supply chain journey and may not be 100% effective?
Do you run from pillar to post to find reliable, affordable and efficient Healthcare and Wellness product and service providers?
Yes, these are serious concerns that are affecting the health of every citizen. Ironically we are not aware of the same. DawaMandi realized and spotted this huge supply chain compromise and deficiency and is now helping to change all of this digitally.
Our one point agenda is to deliver Healthcare and Wellness Products and Services to the Last Mile and make the world healthier and wealthier.
DawaMandi, a startup promoted by Kiron Chopra, a seasoned entrepreneur from the manufacturing sector, is a cloud-based B2B platform, an asset-light TaaS model that brings together various supply chain stakeholders for drugs, healthcare, and wellness products and services, for addressing the dire needs of the ordinary citizen (you and me), who struggles to access these services at an affordable cost. The thought behind this was to democratize access to affordable healthcare and wellness products and services in an efficacious way and create valuable, intelligible, and meaningful data for anyone connected with the sector and beyond, to be put to good use to further improve the greatly underpenetrated healthcare and wellness ecosystem.
DawaMandi started post the pandemic in June 2020 by digitizing the drugs/medicines supply chain in Lucknow, the largest market in UP (Estimated to be Rs 10000 Cr) using it's cloud-based, very user-friendly, and comprehensive digital platform but struggled initially, due to the disruption in the entire supply chain and had to pivot from an asset-heavy to a more frugal and cash efficient model of doing the same job, which has since been successfully implemented and fine-tuned over several months. Current monthly sales figures exceed Rs 1.5 Cr (and growing).
They pivoted again, earlier this year to move to a completely asset-light TaaS model, so as to rapidly enhance their footprint, by multiplying their geographical presence digitally by licensing the TaaS platform and creating perpetual revenue streams over time, for all the supply chain stakeholders that they bring on board, on their platform. The addressable market size in India for this space, being upwards of $US 500Bn
The Vision of the project is to completely digitize the drug, healthcare and wellness products and services distribution process and make these available efficiently, at an affordable cost, to the last mile. And at the same time, multiply volumes and earnings for the drug/medicine manufacturers, distributors and wholesalers, Chemists and pharmacies, healthcare and wellness product and services companies, and all the supply chain stakeholders, by ensuring efficient and timely distribution of drugs and a plethora of healthcare and wellness products and services at the retail or chemist counters, besides focusing on the ease of doing business
The Mission is to ensure good quality drugs, healthcare and wellness services, reaching the end user, thereby making India healthier and free from the effect of poorly stored drugs and substandard and deficient healthcare and services.
The platform connects with Healthcare and Wellness Products and Service Providers, including:
Drug Distributors and Sub-Distributors
Pathology and Diagnostic Service Providers
Doctors/Telemedicine
Home and Nursing care
Medical Equipment and devices suppliers and rentals.
Show more
Wellness service like Dieticians, Physiotherapists, Yoga teachers, Homeopaths, Ayurveda etc.
Standalone Franchise model for pathology & diagnostics (JanchMandi).
Data Generation (Geo-tagged Retailers / Chemists/Customers)
Besides these services, the platform, through its backend integration, also proposes to facilitate access to multiple connected products and services like fintech and insurance products to all the supply chain stakeholders and their customers in the future.
DawaMandi’s unique platform and business model is asset light, delivers swiftly, efficiently, frugally and securely, a full range efficacious drugs/medicines and multiple healthcare and wellness products and services, to the doorstep of the customer, from a single location, the chemist or retailer’s counter. An asset light, Cloud based, end to end, B2B, fully integrated and secure Supply Chain Solution, which ensures delivery of healthcare and wellness products services and data, in real time, to the Pharmacy/Chemist and the Pharmaceutical Companies as well as to the Service providers, of their geographical presence and sales of specific products. The secret sauce comprises of enhanced customer experience, variety of value added healthcare and wellness products and services, maximum order fill rates, efficient, same day order and delivery of completely efficacious medicines, products and services, extensive use of AI and Predictive data analytics to maximize inventory turnaround with minimum investment for both the distributor/chemist/pharmacy and the customer.
Enhancing Customer experience like never before.
Handling back end complexity, to keep the front end simple.
Warehousing, Logistics and Supply Chain management.
Communicating effectively with customers and helping them to improve margins by empowering them with value added products and solutions.
High turnover and profitability with unmatched efficiency.
Quick and Easy Scalability of the entire Model through Franchisees.
Facilitating Financing for Customer and their Client’s needs through Fintech companies
Facilitating Healthcare Insurance products for Customer and their Client’s needs
Kiron is a first generation entrepreneur, a Science Graduate from the University of Lucknow, a qualified Rubber...
Chander has more than 33 years experience in Software Development and Business Consultancy services.
Manish, is born and brought-up in Lucknow from where he did his schooling (High School "ICSE", Intermediate "ISC")
Kiron is a first generation entrepreneur, a Science Graduate from the University of Lucknow, a qualified Rubber...
Chander has more than 33 years experience in Software Development and Business Consultancy services.
Kiron is a first generation entrepreneur, a Science Graduate from the University of Lucknow, a qualified Rubber...
Manish, is born and brought-up in Lucknow from where he did his schooling (High School "ICSE", Intermediate "ISC")
Please fill out this form if you are interested in learning more about investment possibilities.