STRENGTHEN

USAID-Supported SAMRIDH Healthcare Blended Finance Facility join hands with StratMed to strengthen India’s healthcare delivery infrastructure

January 4, 2023 TeluguSuperNews Leave a comment

Telugu Super News,National, January 4,2023: The SAMRIDH Healthcare Blended Financing Facility has committed INR 2.95 Cr (USD 421K) to StratMed to support their tech-enabled platform linking all key stakeholders in the healthcare supplychain ecosystem – including hospitals, manufacturers and suppliers. The initiative aims at improving cost-efficiency, quality and outcome focused in the traditionally undeserved regions. SAMRIDH is a multi-stakeholder innovation and financing platform supported by the United States Agency for International Development (USAID) and implemented by IPE Global. Through blended financing solutions, it offers both grant and debt financing provision to scale high impact health solutions that can strengthen healthcare delivery in India.

India currently has nearly 59,000 private hospitals, that are primarily standalone doctor owned hospitals/clinics in lower socio-economic zones in metros and Tier 2 and 3 cities that do not have effective technological solutions for management of their services, nor do they have access to a wide range of vendors and manufacturers to optimize their costs and material consumptions.

StratMed aims to revolutionize procurement in the healthcare sector by creating the world’s first fully aggregated healthcare supply chain ecosystem. Through this partnership, StratMed will gain access to affordable finance and technical assistance to expand the operations of its technology driven platform, Integer™. With this collaboration, StratMed aims to onboard 300 hospitals in Tier 2 and 3 towns and will create a “multisided business model”, enabling effective engagement among diverse players within the healthcare ecosystem. This will also bring transparency of information to drive down the costs and consumption for the hospitals and better Sales & Operations Planning (S&OP) for Supply Chain Partners.

Speaking about this partnership, Mr. Himanshu Sikka, Project Director, SAMRIDH said, “We are excited to partner with StratMed to make high quality medical consumables and drugs accessible and affordable to hospitals in Tier 2 and 3 cities, specifically those covered under PM-JAY and state health insurance schemes. Through our expertise in innovative financial instruments, we aim to enable StratMed in strengthening its presence in underserved regions and opening newer markets to manufacturers and suppliers.”

Dr. Sameer A. Khan, Founder & CEO of StratMed said, “We are pleased to receive this support from USAID-Supported SAMRIDH initiative. We believe in enabling a level-playing for equitable and sustainable healthcare infrastructure growth. Our Artificial Intelligence and Machine Learning driven platform Integer™ is changing the way supply chain and

consumption planning is managed across hospitals in India. Our collaborative eco-system scaling approach has benefitted both our hospitals and supply partners. With support from SAMRIDH, we will now be able to scale our operations and penetrate deeper into India’s healthcare system.”

HYDRATION EXPERT BISLERI FORGES PARTNERSHIP WITH GUJARAT TITANS TO STRENGTHEN YOUTH CONNECT

December 23, 2022 TeluguSuperNews Leave a comment

Telugu Super news,National, December 23, 2022: Bisleri, the leading packaged drinking water brand of India, has partnered with Gujarat Titans as the Official Hydration Partner. It has forged a three-year association, starting with the 2023 cricketing season. Bisleri, with a legacy of more than 50 years, has been championing the narrative on the importance of staying hydrated and healthy, a cause which strongly connects with today’s youth.

Commenting on the association, Jayanti Chauhan, Vice Chairperson, Bisleri International Pvt. Ltd., said, “Cricket as a sport unites the entire country in setting benchmarks of athletic performance and endurance. The collaboration of Bisleri with Gujarat Titans is a strategic approach towards being a part of our consumers’ health and fitness mission. As we move forward, we will continue to drive more meaningful sporting and athlete-led collaborations that build brand connect with youth.”

Also, commenting on the association, Arvinder Singh, Gujarat Titans COO said, “It gives us immense pleasure to announce Bisleri as our Hydration partner for the next three seasons. Both of us strive for excellence in our respective fields and look forward to a long and mutually beneficial relationship.”

Bisleri has been at the forefront of influencing consumers on the importance of hydration for decades. In the past, Bisleri has partnered with some of the biggest marathons events in the country – Mumbai, Delhi, Kolkata and Bangalore. With a strong focus on continuing to associate with sporting events and athletes, Bisleri aims to drive the hydration narrative across multiple platforms, build brand love and youth connect.