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

Achieving Healthier Lifestyles: Understanding India's New Dietary GuidelinesMay 11, 2024
The Link Between Childhood Sleep and Adult Psychosis: A Critical AnalysisMay 11, 2024
Uncovering Immunization Gaps: Insights into Measles Vaccination Challenges in IndiaMay 11, 2024
Unlocking New Horizons: Gene Therapies for Hearing Loss and BlindnessMay 10, 2024
Kerala Health Alert: West Nile Fever Cases Confirmed in Thrissur, Malappuram, and KozhikodeMay 10, 2024
Managing Health in the Heat: Demand for Medications Surges in IndiaMay 10, 2024
Sudhamukti Ayurvedic Medicine by OJSP: A New Era in Diabetes ManagementMay 10, 2024
The Role of Genetic Profiles in Alzheimer’s Therapy: APOE4 and Treatment ResponsesMay 08, 2024
Assessing Covishield Safety: Indian Research Offers Reassurance Amidst Rare Side Effect DiscussionsMay 08, 2024
Quadria Capital Invests $102 Million in NephroPlus to Boost Dialysis Services Across AsiaMay 08, 2024
Reducing Stigma, One Story at a Time: Media's Role in Mental HealthMay 07, 2024
When Your Body Makes Beer: Exploring the Curious Case of Auto-Brewery SyndromeMay 07, 2024
Hair Today, Gone Tomorrow: Why Guys Go Bald Before Marriage May 07, 2024
Menopausal Transitions and Mental Health: UCL Study Highlights Increased Depression RiskMay 07, 2024
Vasavi Club of Buddhapurnima organised #GoVote, a vote awareness driveMay 06, 2024
Vasavi Club of Buddhapurnima organised #GoVote, a vote awareness driveMay 06, 2024
Harnessing AI for Early Alzheimer's Disease Diagnosis: IIT Indore's BreakthroughMay 06, 2024
Aurobindo Pharma's Bhiwadi Facility Under FDA Scrutiny: Understanding the ObservationsMay 06, 2024
Exploring the Role of Mediator Protein Complex in Cell Division: Implications for Disease ManagementMay 06, 2024
Akshay Tritiya Parna Mahotsav is to be held in the cityMay 04, 2024