We were able to expand our capacity-building initiative with help from SAMRIDH. SAMRIDH’s initial commitment to support operational expenses for capacity-building trainings of healthcare workers enabled us to secure a work order to skill the youth of the country under various schemes related to COVID-19 training. With this fresh impetus to our initiative, we will continue to deliver transformative impact as we prepare healthcare systems to respond effectively to COVID-19 and other public health emergencies.

During the peak of the pandemic, SAMRIDH aided us in securing a working capital term loan, which enabled us to accelerate the supply of oxygen concentrators. The funding and advisory services we received from SAMRIDH enabled us to manage our cash flow more effectively, cut operating expenses, and use the savings as cash collateral to secure a working capital term loan from an impact investment firm. The capital raised allowed us to enhance our ability to fulfill immediate orders and expand our offerings in the healthcare vertical. With continued support from SAMRIDH, we feel confident to enhance the reach of life-saving healthcare solutions across India.