01 February 2022 | Features
A holistic hyperlocal healthcare ecosystem
Inception- 2016
Location- Kota
Domain- Digital Healthcare
Founders- Shreyans Mehta, Nikhil Baheti and Saida Dhanawat
Total team strength- 200
Total funds raised- Rs 30 crore
Investors- Infoedge, Waterbridge, Astarc, RVCF, US based Village Global, Earls-field, Director of Policy Bazaar, Founders of NoBroker and Anand Chandrasekaran
Revenue generated since inception- NA
Key highlights-
Founder Speaks-
“There is a need for a robust public and primary healthcare system which is the backbone of the health care system in our country, the doctor-to-patient ratio remains terribly low, that is merely 0.7 doctors per 1,000 person. For every population of 1800 there is one pharmacy, in total there are 1.6 million pharmacies that caters to 50 million of the population in India.
The company was built to address the last mile connectivity gaps between Healthcare & the People of Bharat, especially in tier II & tier III cities. India is changing in all aspects especially business and growth opportunities coming across Tier II and III cities. Trust building is one of big challenges that the healthcare industry faces among the people & medical stores.”
- Shreyans Mehta, Co-founder, MedCords Healthcare Pvt Ltd (Sehat Sathi)
L-R- Nikhil Baheti, Shreyans Mehta and Saida Dhanawat