Vivek Tiwari – Founder & Chief Executive Officer - Medikabazaar of Medikabazaar
View Detailed Executive Profile →Professional Overview
- Vivek Tiwari co-founded Medikabazaar in April 2015, establishing it as a pioneering B2B platform for medical procurement solutions aimed at enhancing the efficiency and sustainability of healthcare delivery in India.
- Under Tiwari's leadership, Medikabazaar grew to become a significant player in the healthcare supply chain, catering to the procurement needs of hospitals and medical institutions, and achieving a valuation of over $500 million.
- Tiwari has over 18 years of experience in business development, technology, and healthcare innovation, which has been instrumental in driving Medikabazaar's growth and operational success.
- In 2022, Tiwari was recognized for his contributions to digital innovations in healthcare, receiving accolades from Financial Express and FICCI Healthcare Innovations.
- He has developed and patented VIZI, an AI/ML-powered hospital inventory management and forecasting software, which has significantly improved inventory management practices in healthcare institutions.
- Despite his achievements, Tiwari faced significant challenges, including being removed from the board of Medikabazaar in April 2025 due to allegations of financial misreporting and misappropriation.
- Following his removal, Tiwari publicly described the situation as a "corporate coup," highlighting issues related to audit lapses and boardroom politics in a detailed interview.
- In April 2025, the Delhi Police's Economic Offences Wing filed an FIR against Tiwari for alleged financial irregularities, marking a significant legal challenge in his career.
- In May 2025, a court denied Tiwari's anticipatory bail plea in connection with a major fraud case involving Medikabazaar, further complicating his legal situation.
- Tiwari holds an MBA from IIM Calcutta and has completed a Strategic Project Leadership qualification from the University of Minnesota, showcasing his commitment to professional development and leadership in the healthcare sector.
- Throughout his career, Tiwari has established collaborations and partnerships with both Indian and multinational companies, enhancing Medikabazaar's market presence and operational capabilities.
- His leadership has been recognized through various awards, including Times Healthcare Leaders in 2021 and BW GT Young Entrepreneur in 2017, reflecting his influence in the healthcare startup ecosystem.
- Tiwari's vision for Medikabazaar has focused on empowering healthcare institutions to improve efficiency and deliver sustainable healthcare solutions, positioning the company as a disruptive force in the industry.
- Despite the controversies, Tiwari's contributions to healthcare innovation and supply chain management continue to be acknowledged, emphasizing the impact of his work on the sector.
- As a thought leader in healthcare technology, Tiwari's insights and experiences are valuable for understanding the evolving landscape of medical procurement and supply chain efficiency in India.
Professional Experience
| Company | Designation | Period |
|---|---|---|
| Telenor | Regional Business Manager | Nov 2009 – Apr 2011 |
| Tata Group | Zonal Business Manager | May 2008 – Nov 2009 |
| AMRA Renal Care limited (clinics acquired by Nipro India) - JV For Tertiary care clinics | Chief Operating Officer - COO | Jun 2012 – Sep 2015 |
| Tata Group | Zonal Manager | Jul 2004 – May 2006 |
| Nestlé | Management Executive | Jul 2000 – Jul 2004 |
| DB lifesciences & DB Healthcare | Board Observer & Adviser for M&A & International Market Strategy | Jan 2014 – Aug 2015 |
| Tata Play Ltd | National Head - Sales Development & Revenue | Apr 2011 – Jun 2012 |
| LEVEN HEALTHCARE PRIVATE LIMITED | Director | 26-Jul-2013 – 02-Sep-2015 |
| UTIVAC HEALTHCARE PRIVATE LIMITED | Additional Director | 01-Oct-2022 – 29-Sep-2023 |
| Medikabazaar | Founder & Chief Executive Officer | Apr 2015 – Present |
| UTIVAC HEALTHCARE PRIVATE LIMITED | Director | 28-Sep-2023 – Present |
| AUSHADHIV SPECIALTY PHARMACEUTICALS PRIVATE LIMITED | Director | 28-Jul-2022 – Present |
| LEVEN HEALTHCARE PRIVATE LIMITED | Director | 26-Jul-2013 – Present |
| BOSTON IVY HEALTHCARE SOLUTIONS PRIVATE LIMITED | Director | 02-Jul-2013 – Present |
Current Appointments
| CIN/LLP | Company | Designation | Date |
|---|---|---|---|
| U51397KA2022PTC164394 | AUSHADHIV SPECIALTY PHARMACEUTICALS PRIVATE LIMITED | Director | 28-Jul-2022 |
| U51397MH2013PTC245092 | BOSTON IVY HEALTHCARE SOLUTIONS PRIVATE LIMITED | Director | 02-Jul-2013 |
| U51909KA2018PTC113856 | UTIVAC HEALTHCARE PRIVATE LIMITED | Director | 28-Sep-2023 |
| U85300MH2013PTC246178 | LEVEN HEALTHCARE PRIVATE LIMITED | Director | 26-Jul-2013 |
Previous Appointments
| CIN/LLP | Company | Designation | Period |
|---|---|---|---|
| U51909KA2018PTC113856 | UTIVAC HEALTHCARE PRIVATE LIMITED | Additional Director | 01-Oct-2022 – 29-Sep-2023 |
| U85300MH2013PTC246178 | LEVEN HEALTHCARE PRIVATE LIMITED | Director | 26-Jul-2013 – 02-Sep-2015 |
Estimated Net Worth
Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)
Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.
Executive Contact
Official Email: Via Medikabazaar corporate communication desk.
Personal Contact: Not publicly disclosed.
Frequently Asked Questions
What is Vivek Tiwari's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).
How can I contact them?
Through Medikabazaar's official communication channels.
Is this an official profile?
No — independently created using public data.
Disclaimer
This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.
Nothing here should be interpreted as investment, financial, or legal advice. The individual featured has not authored or endorsed this profile.
Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.
Affluense AI – Smarter Insights. Stronger Relationships with Affluents.
Last Updated: December 2025 · Published by Affluense AI (affluense.ai)