HomeStartup NewsStartup Street: Medikabazaar's business plans, assessing India's EV infra and Avnish Bajaj on the hot seat

Startup Street: Medikabazaar's business plans, assessing India's EV infra and Avnish Bajaj on the hot seat

Online B2B platform for medical supplies Medikabazaar, recently secured Rs 112 crore in Series B funding round.

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By Megha Vishwanath   | Mugdha Variyar  November 19, 2019, 9:34:19 PM IST (Updated)

Online B2B platform for medical supplies Medikabazaar, recently secured Rs 112 crore in Series B funding round. The Series B funding round was led by healthcare—centric VC firm, Health Quad, Belgian group Ackermans and van Haaren, Japanese investors Rebright Partners and Toppan Printing Co.


Existing investors CBC co, Elan Corporation, Mitsui Sumitomo Insurance Venture Capital, Kois Invest from Belgium, angel investors Sunil Kalra and Arun Venkatachalam also participated in the round.  To know what is brewing at Medibazaar, CNBC-TV18’s Startup Street spoke with its founder and chief executive officer Vivek Tiwari.

Meanwhile, India’s rising fuel import bill and alarming pollution levels in some cities have put the spotlight on the transition to electric vehicles. However, the auto industry has had some concerns regarding the electric vehicle transition roadmap. To talk about how we should accelerate the adoption of electric vehicles, CNBC-TV18’s Parikshit Luthra caught up with a bunch of experts to discuss that.

Also, to know more about how the startup space fared in 2019 given the economic slowdown, and what are the trends we can expect to see in 2020 CNBC-TV18 spoke to Avnish Bajaj, founder and managing director of Matrix Partners.

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