Medikabazaar Names Dinesh Lodha as Group CEO Amid Expansion Plans

Lodha’s appointment comes at a pivotal time as Medikabazaar seeks to expand its footprint both domestically and internationally amidst a rapidly growing healthcare market.

Mumbai-based Medikabazaar, a leading B2B e-commerce platform for medical supplies, has appointed Dinesh Lodha as its new Group Chief Executive Officer (CEO). 

Lodha’s appointment comes at a pivotal time as Medikabazaar seeks to expand its footprint both domestically and internationally amidst a rapidly growing healthcare market.

In a statement, Dinesh Lodha expressed his enthusiasm for his new role at Medikabazaar, stating, "I am honored to join Medikabazaar at such an exciting time for the company and the healthcare industry. The growth potential is immense, and I look forward to working with the talented team at Medikabazaar to capitalize on the opportunities ahead and to drive our mission of making healthcare accessible and affordable."

Lodha's Extensive Experience in Medtech

Dinesh Lodha joins Medikabazaar with over 20 years of experience in the medtech sector, having held leadership roles across various industries, including FMCG, healthcare, and medical consumables. 

His prior experience includes managing large B2B and B2C operations in multinational and private equity-led companies and publicly listed Indian firms. 

Lodha's career spans significant roles at Healthium, TI Medical, GE Healthcare, and Samsung, where he contributed to the growth and transformation of these organizations.

In his previous role at Healthium, Lodha drove private equity transactions and significantly enhanced profitability. His experience in the medical consumables category at Healthium & TI Medical and the equipment category at GE Healthcare and Samsung makes him well-suited to lead Medikabazaar through its next growth phase.

Medikabazaar’s leadership team welcomed Lodha’s appointment, emphasizing the importance of his extensive industry experience and strategic vision for the company. 

“Dinesh’s deep understanding of the healthcare sector, combined with his proven leadership in driving growth and operational excellence, makes him the ideal choice to lead Medikabazaar. We are confident that under his leadership, the company will continue to achieve new milestones and strengthen its position as a leader in the healthcare supply chain,” a spokesperson for Medikabazaar commented.

Medikabazaar, representing approximately 7% of the Indian healthcare market valued at $11 billion, is expected to grow in the coming years. The company has been expanding its global presence, entering markets such as Dubai, Singapore, and China. 

Additionally, Medikabazaar is exploring opportunities for inorganic growth through strategic acquisitions, a move aligned with its goal to increase market share and expand its product offerings.