India's Medikabazaar in talks to raise $28m from Japan's Mitsui, others

Photo: Medikabazaar's Twitter account

Medikabazaar, an online business-to-business (B2B) platform for medical equipment and supplies, is in talks to raise ₹200 crore from a clutch of venture capital investors in Japan, Belgium and Germany, according to a top company executive.

The Mumbai-based startup, founded in 2015 by Vivek Tiwari and Ketan Malkan, sells medical and hospital supplies to more than 20,000 hospitals and clinics across 23 cities in India.

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