Biniyog Briddhi Partners with CMED Health Limited

LightCastle Editorial Wing
February 16, 2023
Biniyog Briddhi Partners with CMED Health Limited

B-Briddhi teams up with CMED Health Limited, a health-tech startup transforming the healthcare landscape in Bangladesh by using its end-to-end comprehensive multi-layered scalable digital Healthcare platform to connect people with health services, early diagnosis, health education & referrals for intervention to achieve the government’s vision of Health Inclusion for UHC of SDG.

Through the Social Impact Incentives (SIINC) structure, CMED Health Limited will receive financial incentives to deepen its impact by increasing the overall reach to its target customers from the rural and semi-urban population, as well as corporate service holders and factory employees through its services.

They have three core services, SuSastho Seba Kendro, where they utilize pharmacy joints for retail digital healthcare, focusing on healthcare-seeking marginal populace in rural/semi-urban areas, Digital Health Corner for Corporates & Factories, and finally, General Practitioner (GP) Model for Urban & Rural Areas.

The Social Impact Incentives (SIINC) rewards high-impact enterprises with premium payments based on the social outcomes that they generate. The core objective is to incentivize the impact and increase the enterprise’s profitability and attractiveness for investors.

The signing ceremony took place on Wednesday, 14th February, 2023 in Dhaka, where Bijon Islam, Co-founder and CEO at LightCastle Partners, and Professor Khondaker A. Mamun, Ph.D., Founder & Chairman of CMED Health, Moinul Chowdhury, Co-Founder & Deputy CEO, along with Ashraf Dawood, Co-Founder & Chief Operating Officer were present.

CMED signed the Social Impact Incentives (SIINC)  agreement with Biniyog Briddhi on 14th February, 2023 at the LightCastle Partners Headquarters

Moin Chowdhury, Co-Founder & Director of CMED said, “We are excited to collaborate with Biniyog Briddhi, the project from Roots of Impact, LightCastle Partners, and the Embassy of Switzerland in Bangladesh. CMED is eager to expand the programme to provide everyone with the minimum of medical care and consultation in the semi-urban and rural areas.”

Bijon Islam, Chief Executive Officer at LightCastle Partners said, “We are confident that CMED has the power to transform the healthcare sector and enhance people’s lives through its efforts across the nation. We’re thrilled to help CMED achieve its goal of a healthier future as an impact company.”

B-Briddhi is a multi-year partnership supported by the Embassy of Switzerland in Bangladesh and implemented by Roots of Impact and LightCastle Partners. It supports impact enterprises to have better access to innovative financing options and be better equipped to attract investors.

WRITTEN BY: LightCastle Editorial Wing

For further clarifications, contact here: [email protected]

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