"After we received the capital, we were able to venture abroad to source more high quality, reasonably priced implants. We wanted to enable as many people as possible to be able to afford this medical amenity option."
Ortho Pro Med Healthcare | Retail & Trading
Ipoh, Perak
Mohit Vasdev Sharma Sharan Kumar
During semester breaks, when Mohit Vasdev Sharma Sharan Kumar was pursuing his UTP Diploma in Mechanical Engineering, he would traverse the country with his father, a medical equipment vendor. He would spend his holidays learning about the medical devices his father sold, eagerly generating innovative ideas for increasing sales. Mohit has always liked working on his own, so it was easy to decide to go into business with his father.
However, not everything has been so easy. As his enterprise is less than a year old, it was difficult for them to obtain regular bank loans to expand. He was also considered very young. Luckily, a bank officer re-directed them, recommending that they talk to CGC. Here, impressed with the enthusiastic response, they applied for a CGC BizSME facility through the imSME platform. “The portal is user-friendly, staff respond very quickly and in less than two months we received our funds.”
As their enterprise deals in trading medical orthopaedic implants, they work very closely with the end-users, surgeons. “After we received the capital, we were able to venture abroad to source more high-quality, reasonably priced implants. We wanted to enable as many people as possible to be able to afford this medical amenity option.” Mohit’s father, at the same time his mentor and partner, came from a very poor family that could not afford implants. Together, they ensure that they focus on keeping the pricing low.
The implants are manufactured in India. They are regulator-approved and now, besides hospitals, they work closely with selected insurance companies and government agencies such as SOCSO and PERKESO.
The proactive entrepreneur Mohit is already thinking ahead: “I have a lot of ideas.” While expanding into other territories in Malaysia, father and son hope to open a branch either in Penang or Kuala Lumpur. “And we are thinking of packaging the implants together with related products such as braces and slings.”