Expanding Reach and Accessibility in Eastern India
Kolkata, India: Zeno Health, a trailblazer in providing quality and affordable generic medicines, has announced its acquisition of Kolkata-based startup Tablt Pharmacy, marking a significant milestone in its expansion strategy. With a vision to democratize healthcare, this acquisition aims to bolster Zeno Health’s presence in Eastern India, particularly in states like West Bengal, Odisha, Bihar, and Jharkhand.
Tablt’s Unique Contribution to Healthcare Access
Tablt Pharmacy, renowned for its cost-effective distribution model, has been instrumental in making healthcare accessible across Tier 2 to Tier 6 geographies in Eastern India. Operating through nearly 300 franchises, Tablt has served over 2 lakh consumers, primarily in underserved urban and rural areas. The startup’s focus on affordability and accessibility aligns seamlessly with Zeno Health’s mission, making it a natural fit for collaboration.
Synergy and Shared Vision
Girish Agarwal, Co-founder of Zeno Health, highlighted the synergy between the two companies, emphasizing their shared commitment to democratizing healthcare. The recent $25 million Series C fund round underscores Zeno Health’s ambition to serve over 1 crore consumers monthly while reducing healthcare expenditures by 50%. The merger with Tablt is expected to expedite this journey, especially in addressing the critical need for generic medicines in rural and semi-urban areas.
A Transformative Moment in Healthcare
Siddharth Gadia, CEO & Co-founder of Zeno Health, expressed optimism about the merger, citing Tablt’s dedication to reshaping the healthcare landscape. The combined strengths of both companies are poised to revolutionize access to essential medications, ensuring affordability and quality for all segments of society.
Pioneering Accessible Healthcare
Anish Agarwal, CEO & Co-founder of Tablt Pharmacy, welcomed the merger as a pivotal moment for the healthcare industry. By leveraging Tablt’s innovative distribution capabilities and Zeno Health’s affordability initiatives, the partnership aims to redefine how individuals access and afford crucial medications.
A Vision for Inclusive Healthcare
The merger between Zeno Health and Tablt signifies a strategic step towards building a more inclusive and accessible healthcare ecosystem in India. With Zeno Health’s expansive network of omnichannel stores and Tablt’s grassroots presence, the collaboration promises to bridge healthcare gaps and empower communities across the country.
About Zeno Health
Founded in 2017 by IIT Bombay alumni Siddharth Gadia and Girish Agarwal, Zeno Health is a Mumbai-based healthcare startup dedicated to democratizing healthcare. Operating 180 omnichannel stores and a network of 200 micro-franchises, Zeno Health offers genuine, high-quality generic medicines with guaranteed savings. With a team of over 530 qualified pharmacists, the company has served 25 lakh consumers, providing substantial savings and improving access to essential medications.
