Medlife, India’s largest online pharmacy was awarded the ‘Best Healthcare Startup’ by FICCI Healthcare Excellence Awards 2019 at The Le Meridien, New Delhi. One of the key areas that the jury looked into was how Indian healthcare startups had innovatively used healthcare techniques in their businesses to create a measurable impact in the Indian economy.
The jury comprised of Mr M Damodran, Former Chairman, SEBI and Hon’ble Brig. Dr Arvind Lal, Chairman & Managing Director of Dr Lal PathLabs Ltd.
The e-pharmacy giant has bagged the award for its innovative use of technology in its business of making healthcare services accessible and affordable for all. The FICCI healthcare excellence award recognises innovation, efficiency, affordability and healthcare delivery of organisations and individuals who aim at simplifying the healthcare business workflow in the country.
Talking about the award, Mr Ananth Narayanan, Co-Founder, Chief Executive Officer, Medlife International Pvt. Ltd said, “We are extremely delighted to receive this award and to be recognized by an eminent body such as FICCI. This is a reaffirmation that Medlife is moving in the right direction in terms of ensuring access to affordable and quality healthcare access to its consumers through its offerings.”
He also added that “Medlife aims to widen its scope of services going forward and contribute to the government’s vision of universal access to healthcare in the years to come. We are also gearing up for accelerated growth of over $2 billion in the next five years.”
With the country’s healthcare industry growing at a speedy rate, issues like lack of medical infrastructure, accessible and affordable medicines, treatment and lack of manpower are factors that make it hard for healthcare systems to work fast.
On the contrary, this has forced most private healthcare businesses to bring in innovative healthcare solutions towards making medicines accessible and affordable to all. In order to value organisations and individuals for their innovative use of technology in healthcare services, the FICCI healthcare award has been in existence since 2009 and acknowledges such organisations for their practical or innovative ideas that have helped ease healthcare services in the country.