Dawaa Dost : Making drugs more accessible and affordable.

Statistics indicate that about 69% of the people in India are impoverished due to expenditure on medicines alone & only 7% of people take medicines prescribed by the doctor primarily because of high cost of medication. Dawaa Dost aims to help people understand that by moving to generic medication, it is possible to save INR 50,000 every year

According to the most recent Niti Aayog report, the growth of privatisation has significantly increased healthcare costs for Indians, with out-of-pocket spending accounting for more than 60% of overall healthcare spending. Dawaa Dost, a start-up founded to solve this issue, provides clients with high-quality, low-cost alternatives (in the form of branded generics). It is a leading end-to-end digital consumer healthcare platform that was established in 2018 with the intention of reaching over 1 billion Indians. It claims to save 50-80% on medical expenses and is inspired by the idea of obtaining and selling pharmaceuticals at the right price.

Dawna Dost now has 66 sites in Rajasthan, Karnataka, Telangana, and Maharashtra, serving 19,000 post codes across the country. It has also partnered with small company owners in tier II and III cities to offer low-cost generics to customers. It's an omnichannel platform with a 45 percent return rate that serves over 2 million clients through both online and physical channels.

In the future, it hopes to have 500+ stores across India over the next 24 months, as well as collaborations with over 30k kirana stores by the end of FY23. Dawaa Dost wishes to be within a 5-minute drive of every Indian. "We already have a monthly reach of 50 million subscribers, which we plan to extend to 200 million by December 2022." "By 2025, we hope to save a billion dollars in total healthcare costs," Choudhary stated.

The company's content platform, MediWiki, is the world's largest owner of healthcare content, with over 7 lakh videos in six Indian languages. The company's other product, Karma Dost, employs technology to address non-adherence to prescriptions in India. For example, the platform has a reminder function that rewards clients who take their drugs on time.

Tags : #Dawaa-dosti #MediWiki #genric #Drugs #medical-expenses #medicircle #smitakumar #karmaDost

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Harnessing the Power of Yoga: I&B Ministry's Campaign for International Day of Yoga 2024June 08, 2024
Guarding Little Minds: Omega-3 Emulsion Shields Newborn BrainsJune 08, 2024
Laughter-Induced Syncope: When a Chuckle Turns SeriousJune 08, 2024
Latest Research Highlights The Role of Liver Glucose Production in Type 2 DiabetesJune 08, 2024
Ayushman Bharat Expansion: Bihar's Ambitious Health Card InitiativeJune 08, 2024
Nashik Hosts Successful ‘Frontiers In Onco-Surgery’ Conference At HCGMCC, Drawing Oncologists NationwideJune 07, 2024
AINU Doctors Use Robotics to Repair Decades-Old Bladder Leak Caused by Normal Delivery 35 Years AgoJune 07, 2024
FLO organized a session with two of the top VCs in India on "The Journey of an Idea"June 06, 2024
FTCCI organised a Workshop on "Opportunities in Food Processing"June 06, 2024
Roundtable conference on Ethical Business Practices heldJune 06, 2024
Magniflex India makes a sustainable leap forward with the launch of MagnigeoJune 06, 2024
Unlocking the Secrets of Sleep: How Rest Impacts Brain Health and Waste RemovalJune 06, 2024
ICMR Warns Against Overheating Non-Stick Pans: Tips to Prevent Toxin ExposureJune 06, 2024
Promising New HIV Vaccine Candidate Shows Early Success: A Hopeful Step in HIV ResearchJune 06, 2024
MAGGI makes an appeal on World Environment Day: ‘2-Min for the Environment: Everyone. Everyday.’June 05, 2024
HighTide Therapeutics Presents Analyses of Phase 2a MASH Study at the 2024 International Liver CongressJune 05, 2024
FSSAI Enforces Transparency: No More '100% Fruit Juice' Claims on Reconstituted ProductsJune 05, 2024
Is Omega-3 Fatty Acid and Fish Oil Good for Your Heart? Recent Study Suggest Mixed ResultsJune 05, 2024
Neonatal Unit Fire: Court Dismisses Bail for Unqualified Ayurvedic DoctorJune 05, 2024
Protect the medicines that protect usJune 04, 2024