Medikabazaar, a leading B2B medical supply chain platform, has announced the appointment of Dinesh Lodha as its new Group Chief Executive Officer (CEO). Lodha, who brings over two decades of experience in the medtech industry, is set to lead the company’s strategic growth and innovation efforts.
Lodha’s career is marked by significant leadership roles across the FMCG and healthcare sectors, managing large-scale B2B and B2C operations. His extensive experience with multinational corporations, private equity-led businesses, and major publicly listed Indian companies positions him well to drive Medikabazaar’s next phase of expansion.
Founded by Vivek Tiwari and Ketan Malkan nine years ago, Medikabazaar empowers hospitals and medical establishments to efficiently discover, compare, and procure medical supplies in real-time. The platform offers an extensive range of over 400,000 products, including hospital devices, medical consumables, and dental tools, serving more than 10,000 medical centers and 30,000 independent doctors and clinics.
Medikabazaar’s innovative offerings include a B2B marketplace, an AI-ML-powered SaaS solution, a medical financing solution, a full-stack procurement model for large hospitals, and an asset management platform for medical equipment.
In April 2022, Medikabazaar secured $65 million in a funding round led by Lighthouse India Fund III, valuing the company at $700 million. With Lodha at the helm, the company is poised to further strengthen its leadership in the medtech industry.
