Krsnaa Diagnostics, a diagnostics services provider, has entered into a strategic partnership with Medikabazaar, a B2B Healthcare procurement & supply-chain solutions provider and United Imaging, an imaging technology company.
The collaboration aims to invest ₹300+ crore and to set up over 30+ imaging centers majorly across Tier-2 and Tier-3 cities across India.
The special financing terms offered by United Imaging and structured by Medikabazaar to Krsnaa Diagnostics underscore the strategic importance of this alliance, setting a new industry standard for collaboration between medical technology providers and diagnostics players.
The partnership will see the deployment of world-class advanced imaging technologies made available by Medikabazaar and United Imaging across Krsnaa’s extensive network of diagnostic centers, primarily focusing on semi-urban and rural areas.
“We are thrilled to join hands with Medikabazaar and United Imaging in what we see as a transformative alliance for the Indian diagnostics industry. This collaboration not only enables us to expand our footprint into under-served regions but also strengthens our ability to offer cutting-edge imaging services at competitive prices. The unparalleled financial terms provided by United Imaging structured by Medikabazaar speak volumes about the trust they place in our operational excellence and leadership in the sector,” said Rajendra Mutha, Chairman of Krsnaa Diagnostics Ltd.
Speaking on the significance of the collaboration, Dinesh Lodha, Group CEO at Medikabazaar, commented, “This collaboration brings together India’s two largest entities in the medical supplies and the diagnostics space and will revolutionize healthcare accessibility, ensuring timely diagnosis and affordable advanced healthcare for under-served populations. It aligns with the country’s healthcare targets and aims to promote better infrastructure and healthcare delivery, especially in underdeveloped and under-served regions.”