A new Dawn in Healthcare: Bharat Medica.

BHARAT MEDICA

Shaan Quadri is the Founder and CEO of Bharat Medica, a B2B e-commerce platform specialisation in healthcare requirements—( ONE STOP SOLUTION FOR ENTIRE HEALTHCARE REQUIREMENTS). The company was established in August 2021 with the primary goal of providing hospitals with a comprehensive solution.A new Dawn in Healthcare: Bharat Medica.

At present, Bharat Medica offers an impressive range of 30,000+ healthcare products and services, serving over 7,000 customers across India and beyond. Looking ahead, their aim is to expand their offerings significantly, with a target of providing 3 lakh healthcare products to 1.5 million customers across India and International market by the year 2028.

When asked about how come all the healthcare segments can be offered through the single platform ..?

Shaan Quadri said – If Bharat Medica can’t, how come the others will do.
When others can do,
Why not Bharat Medica.

Furthermore, the company has ambitious plans for international expansion, with intentions to enter the markets of the Middle East and Africa by May 2025.

The global healthcare market is valued at $10.5 trillion, while the Indian market is estimated at $390 billion as of 2022.

In the post-Covid era, governments worldwide have recognised the urgent need for measures to improve healthcare systems within their respective countries. Consequently, they are heavily investing in the development of healthcare infrastructure on a global scale.

During the Corona era, the world witnessed India’s immense potential as we actively contributed by supplying medicines and Corona vaccines to countries across the globe.

Moreover, the Indian government’s support and initiatives in the healthcare sector, such as “Make in India” and “Startup India,” are encouraging both existing companies and new entrepreneurs to introduce innovative products to the market—something that was not as feasible before the pandemic. Numerous private investment firms and individual investors are now seeking opportunities to invest in the Indian health tech sector.

Fast-forward to the present, and it is evident that there is substantial potential for growth in both the Indian and international healthcare markets, offering plenty of opportunities for exploration.

Our vision at Bharat Medica is to become the leading and most trusted B2B e-commerce platform for the healthcare industry in India and beyond. We strive to be the ultimate solution provider, revolutionising the way healthcare businesses conduct their operations, and driving the sector towards a more efficient and digitally empowered future.

We envision a healthcare ecosystem where seamless access to a comprehensive range of medical products and services is a reality for every healthcare professional and organisation. By leveraging the power of technology and innovation, we aim to create a platform that empowers our users with the tools and resources needed to enhance patient care, improve operational efficiencies, and drive sustainable growth.

At Bharat Medica, we envision fostering a collaborative and transparent marketplace that cultivates strong partnerships between healthcare suppliers, manufacturers, and end-users. Our platform will serve as a catalyst for progress, promoting fair competition, and nurturing a culture of innovation, which will lead to the development and adoption of breakthrough solutions, elevating the standard of healthcare services in India.

We are committed to providing personalised and tailored experiences for our users, anticipating their needs, and offering solutions that exceed their expectations. Our vision is to constantly evolve and adapt to the ever-changing landscape of the healthcare industry, staying at the forefront of technology and industry trends to provide the best possible solutions.

As we expand our reach across borders, we envision Bharat Medica becoming a global platform, bridging gaps between healthcare markets worldwide and facilitating international collaboration to address global health challenges.

Above all, our vision is driven by the unwavering commitment to making a positive impact on the lives of patients, healthcare professionals, and communities we serve. By empowering our stakeholders and embracing our core values of integrity, innovation, and sustainability, we aim to shape a healthier and brighter future for Bharat and the world.

More than 600 vendors, importers, and distributors across India have partnered with us. Currently, we have a team size of 16 people spread across India, and going forward, we are committed to increasing our team to 70 people across India and beyond. Our ambitious goal is to build a company of Rs. 100 Crores by 2025 and Rs. 250 Crores by 2027, achieved through strategic alliances with innovative companies and acquisitions. We are actively engaging in negotiations with venture capital funds to invest in Bharat Medica.At Bharat Medica, we take pride in offering an entire range of healthcare products, including pharmaceuticals, surgical supplies, diagnostics, medical devices, equipment, furniture, accessories, software solutions, and refurbished equipment.

Around 70% of healthcare facilities, ranging from individual doctors and nursing homes to corporate hospitals with 500 beds and beyond, are taking loans for hospital construction, renovation, or medical equipment procurement.

As this is a grey area where doctors need to visit multiple times for tedious procedures of documentation, verification, etc., we have partnered with multiple banks, both public and private, including Bank of Baroda, SBI, ICICI, Kotak Bank, PAYTM, and BEAM CAPITALS, to expedite the process. Our aim is to ensure that a loan can be approved in a matter of 24-48 working hours, eliminating any hurdles that may arise during the construction or equipment procurement process.

“Agar Bharat Medica nahi Kar sakta, to koi aur kaise karega, Aur koi aur kar sakta hai to Bharat Medica kyun nahi”

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