# Medikabazaar

> Medikabazaar is a Mumbai-based B2B healthcare procurement and distribution company supplying hospitals, clinics, laboratories and dental practices with equipment, consumables and pharmaceuticals. Its model combines online purchasing with assisted sales, distribution, inventory technology and equipment services; imaging partnerships and a leadership-led reset are central to its recent story.

- **Founded:** 2015
- **Headquarters:** Mumbai, India
- **Founders:** Vivek Tiwari (Co-founder; former CEO), Ketan Malkan (Co-founder)
- **Products:** Medical supplies marketplace and mobile app, VIZI, MBGO, MBARC, Medikabazaar Freedom
- **Notable:** United Imaging reported over 300 Indian installations through the partnership by April 2024., Raised US$75 million in Series C in September 2021 and US$65 million in Series D in April 2022., Reported 57% year-on-year topline growth in Q1 FY2026-27.

## Products & services

- **Medical supplies marketplace and mobile app** — B2B purchasing of equipment, consumables, devices, dental and laboratory supplies; supports specification comparison, quotations, reordering and order tracking.
- **VIZI** — AI/ML inventory and procurement forecasting tool launched in 2019; historical materials describe using consumption data to estimate replenishment requirements. Current commercial terms are not established.
- **MBGO** — Medical supply last-mile delivery operation described in historical company and investor materials.
- **MBARC** — Equipment lifecycle services, including asset management, repair, servicing and reuse of medical devices, described in the 2023 MedTech Expo compendium.
- **Medikabazaar Freedom** — Equipment financing aggregation through lending partners, described in the 2023 compendium; terms depend on the lending arrangement.
- **VPO** — Historical managed procurement offering aggregating hospital purchasing. Business Standard reported in November 2025 that a loss-making value procurement optimiser vertical had been shut. Do not assume ongoing availability.
- **Imaging equipment distribution** — Distribution of United Imaging equipment including MRI, CT and PET-CT; partnerships combine equipment, reach and negotiated commercial terms.
- **Hospital infrastructure projects** — Turnkey work including medical gas systems, modular operating theatres and ICUs, described in the 2023 compendium.
- **mb+ Algimax** — Own-brand chromatic dental alginate impression material promoted on the company LinkedIn page.

## Achievements

- United Imaging reported over 300 Indian installations through the partnership by April 2024.
- Raised US$75 million in Series C in September 2021 and US$65 million in Series D in April 2022.
- Reported 57% year-on-year topline growth in Q1 FY2026-27.

## Latest updates

- **2025-11** — Business Standard reported a first EBITDA-positive quarter under the reset, closure of loss-making verticals, and emphasis on exclusive distribution and own-brand products.
- **2026-02** — Company announced discussions to raise US$50 million with US$25 million committed by existing investors; this is a proposed raise, not a confirmed completed round.
- **2026-07** — Company reported ₹592 crore Q1 FY2026-27 revenue, up 57% year on year, and reiterated a ₹3,000 crore annual target.

## Links

- Website: https://medikabazaar.com
- LinkedIn: https://www.linkedin.com/company/medikabazaar/
- Twitter/X: https://twitter.com/medikabazaar
- Facebook: https://www.facebook.com/Medikabazaar/

---

Profile page: https://yespress.io/medikabazaar
Published by YesPress — https://yespress.io
Last updated: 2026-10-10