39 min
Mayur on “Inefficacy in last mile delivery of vaccines, Incremental innovation and not getting lured” Small, Big Wins
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- Entrepreneurship
Mayur Shetty, 28, and his co-founders have solved a crucial logistical problem plaguing the entire world for last mile delivery of vaccines and biologicals, through their first patented product called the Emvolio. The Immunization Technical Support Unit (ITSU) of Health Ministry (Govt. of India) claims around 25% of all vaccines go to waste due to poor cold-chain management. Ice-based products and technologies exposing vaccines to sub-zero temperatures is potentially endemic. A recent study found that ~65% of vaccine vials showed evidence of freezing in vaccine stores and peripheral health facilities across 10 states in India.
Hear this conversation for the simple, down to earth approach of Mayur, dealing life with stoic, and wonderment of how individualised action and chance come together. This story reinforces that when one takes initiative, the providence comes to support in various ways. Mayur’s gratitude to the Government of India is noteworthy as he says “I don't think I would be here unless the Government of India decided on throwing the taxpayers money in our direction and telling us to make it work. If it doesn't work, it's okay. We will not put you in a debt trap. And that's the kind of faith I think we need in technology entrepreneurs, because we cannot raise venture capital funds with just an idea or a proposal”.
Mayur Shetty, 28, and his co-founders have solved a crucial logistical problem plaguing the entire world for last mile delivery of vaccines and biologicals, through their first patented product called the Emvolio. The Immunization Technical Support Unit (ITSU) of Health Ministry (Govt. of India) claims around 25% of all vaccines go to waste due to poor cold-chain management. Ice-based products and technologies exposing vaccines to sub-zero temperatures is potentially endemic. A recent study found that ~65% of vaccine vials showed evidence of freezing in vaccine stores and peripheral health facilities across 10 states in India.
Hear this conversation for the simple, down to earth approach of Mayur, dealing life with stoic, and wonderment of how individualised action and chance come together. This story reinforces that when one takes initiative, the providence comes to support in various ways. Mayur’s gratitude to the Government of India is noteworthy as he says “I don't think I would be here unless the Government of India decided on throwing the taxpayers money in our direction and telling us to make it work. If it doesn't work, it's okay. We will not put you in a debt trap. And that's the kind of faith I think we need in technology entrepreneurs, because we cannot raise venture capital funds with just an idea or a proposal”.
39 min