Medzin: Making A Dent In The Healthcare Industry of India

Indian healthcare system is still fighting for its advancement in terms of technology and easement for humans. The system lags heavily when it comes to better facilities for patients or people in general like easily availability of medicines, more clinics etc. And don’t get us started on the money it costs us.

According to, Economist Intelligence Unit of World Healthcare Outlook,

Healthcare is a high-cost sector for both end-users and providers, billing at an average of 10.5% of GDP on a global basis. The costs support several ancillary industries, be it pharmaceuticals on one end or the health insurance segment on the other.”

But lately, Indian healthcare is experiencing a new wave of opportunity. With more healthcare startups coming forward to make a change in the picture, better and improved healthcare scenarios are in progress for the nation. Providers are reinventing existing delivery models to bring healthcare closer to the patient.

One of the startups working in the sector is Medzin (holding company of Medhealix Health Tech Pvt. Ltd.). It is a hyper-local healthcare aggregator connecting the users with the nearest healthcare facilities and services. Catalyzing growth and innovation in the Healthcare sector, one can buy medicines and daily supplements at your convenience, book appointments based on recommendations and healthcare and Daily Supplements, book appointments with doctors nearby.

Team Medzin
Team Medzin

The men behind this rapidly growing startup, Vishnu V Shankar (CEO), Madhav Shankar(COO), Suyash Mohan(CTO), Raghav Sarda(CFO) have to be credited for the awesome work done so far. Their startup till now has raised Rs 20 lakhs in the first round on November 2015, and Rs 30 lakhs in March 2016. The funding was used to develop the product for both iOS and Android Mobile Platform.

Their model is basically an aggregator model where we aggregate vendors who can fulfill our customers’ requirements by adding their products and services to our network. On-time delivery of medicines with quality service from their partner labs and doctors accounts for the company’s USP.

The company till now has done 1,000 Orders, and have developed a well-built functional and highly scalable technology platform for Medzin. It also has around 30 odd pharmacies in the network along with 150+ doctors, collaborations with big giants of the sector, and well known labs across Delhi.

Cutting through the healthcare industry of India, Medzin is carving a niche for itself with its service quality to its consumers and by making a healthy change in the wellness of their customers.

We wish all the best to Medzin! Go, make a dent in the industry! 

Summary
Medzin: Making A Dent In The Healthcare Industry of India
Article Name
Medzin: Making A Dent In The Healthcare Industry of India
Description
One of the startups working in the sector is Medzin (holding company of Medhealix Health Tech Pvt. Ltd.). It is a hyper-local healthcare aggregator connecting the users with the nearest healthcare facilities and services. Catalyzing growth and innovation in the Healthcare sector, one can buy medicines and daily supplements at your convenience, book appointments based on recommendations and healthcare and Daily Supplements, book appointments with doctors nearby.
Author
Publisher Name
Humans of Entrepreneurship
Publisher Logo

Leave a Reply