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

About the Author

Shweta Yadav

I strive to provide you with the most current and up-to-date healthcare news and articles in all main areas. Within the Medicircle umbrella, a wide range of themes and categories concerning health.

Related Stories

Loading Please wait...


Trending Now

Exploring the Link Between Covid-19 Vaccination and Sudden Cardiac Arrests: ICMR StudyNovember 22, 2023
Powering the Future: China's Biodegradable Wireless System for Bioelectronic InnovationNovember 22, 2023
IMS BHU Pioneers Advanced Cardiac Care: Unveiling Cutting-Edge Technologies for Precise DiagnosisNovember 18, 2023
Inito's $6 Million Boost: Transforming Women's Health with AI-Backed Fertility MonitoringNovember 18, 2023
Madras High Court Advocates for Equality: PG Medical Students to Receive Incentive Marks for COVID-19 DutyNovember 18, 2023
Next-Gen Healthcare: CarePods and AI Redefine the Patient ExperienceNovember 17, 2023
Air Quality Crisis: Alarming Rise in Premature Births Linked to Air Quality in Begusarai, BiharNovember 17, 2023
Limerick Contest-2023: A Celebration of Wit and PoetryNovember 17, 2023
IIIT-Hyderabad among top 100 institutions for 5G Use Case LabNovember 17, 2023
Powerful, motivating and inspiring talks marked TEDx Hyderabad Women 2023 which was held with the theme "Two Steps ForwardNovember 17, 2023
Speaking the Diagnosis: How AI in Voice Analysis Is Revolutionizing Diabetes DetectionNovember 17, 2023
FDA Approves Zepbound: A New Medication for Weight Loss by Eli LillyNovember 17, 2023
CoverSelf Raises $8.2 Million in Seed Funding to Revolutionize Healthcare Claims with Innovative Fintech PlatformNovember 16, 2023
From Miracle to Medic: The Extraordinary Journey of India's First Paediatric Liver Transplant RecipientNovember 16, 2023
Combatting Chikungunya: Valneva's Chikungunya Vaccine Cleared by USFDA, Eyes India LaunchNovember 16, 2023
Global Corporate Summit 2023 with the theme Unlocking Opportunities in a Dynamic World heldNovember 16, 2023
2nd IHub-Data Mobility Summit heldNovember 16, 2023
Revolutionary AI-powered technology detects multiple abdominal pathologies simultaneouslyNovember 16, 2023
1 Out of 3 Stroke Patients Suffer Long-Term Health Complications, Says NeurologistNovember 16, 2023
Amrita Hospital, Kochi, Launches App for People with Swallowing DifficultiesNovember 15, 2023