The progress of privatisation has massively elevated healthcare prices for Indians, with out-of-pocket expenditure constituting greater than 60% of such spend, in keeping with Niti Aayog’s newest report. Set as much as tackle this challenge, Dawaa Dost, a start-up, supplies prospects with high-quality, reasonably priced alternate options (within the type of branded generics). Launched in 2018, it’s a main end-to-end digital platform for client healthcare that goals to cowl over 1 bn Indians. It claims to allow 50-80% financial savings on medical payments, being pushed by the concept of procuring and promoting medicines on the proper value.
Presently, Dawaa Dost has 66 shops in Rajasthan, Karnataka, Telangana and Maharashtra, and affords its companies in 19,000 pin codes throughout India. It has additionally partnered with small shopowners in tier-II & III cities to distribute reasonably priced generics on to prospects. It is an omnichannel platform that caters to over 2 million customers by way of each on-line and offline channels, having fun with a repeat price of greater than 45%. The firm’s content material platform, Medwiki, is globally the most important healthcare content material proprietor with over 7 lakh movies in 6+ Indian languages. Its different providing, Karma Dost, goals to deal with medicine non-adherence in India by leveraging know-how. For occasion, the platform has a reminder function which rewards individuals for taking their medicines on time.
“With our platform, we have enabled total savings of more than `203 million for our customers so far. Our affiliate marketing model reaches over 2,500 kirana stores in tier-II & III cities across India. We have a QR code that helps customers choose from over 70,000+ medicines that we offer, and upload prescriptions, wherever necessary. Once an order is placed, Dawaa Dost enables doorstep delivery via its online delivery model/dark stores,” mentioned Amit Choudhary, CEO and founder, Dawaa Dost.
Going ahead, it goals to have 500+ shops pan India within the subsequent 24 months, and partnerships with over 30k kirana shops by FY23 finish. Dawaa Dost desires to be inside a 5-minute radius of each Indian. “We already have a monthly reach of 50 mn customers, which we will increase to 200 mn by December 2022. We want to help save a billion dollars in overall healthcare costs by 2025,” Choudhary added.
Source: www.financialexpress.com”