Zennie62Media note: this article called “About Saltz India Pharma Laboratories” is part of the International Trade Council’s Digital Commerce Business Council‘s series of think-pieces on various topics in digital commerce. As ITC’s mission is to promote international trade, minimize barriers, and foster global commerce through education, networking, and insightful business intelligence, the entries accomplish those objectives in various ways, including business promotion.
Hyderabad, India – (Special to ZennieReport.com) This startup recognized by DPIIT (Department for Promotion of Industry and Internal Trade, for the Ministry of Commerce & Industry, Government of India) was incorporated on 29th July 2021 under the name Saltz India Pharma Laboratories OPC Private Limited, in Hyderabad, Telangana state, or “Saltz.in”.
Saltz India Pharma Laboratories is a B2B platform where buyers and sellers of Chemicals, Pharma APIs can find each other. The objective is to give all medicine makers worldwide access to high-quality pharmaceutical ingredients. Inspired by companies such as Amazon and flipkart.com, Saltz.in makes the market for chemical suppliers more transparent.
The founder of Saltz India Pharma Laboratories, Director Mr Rajendraprasad Battula, was a life science graduate who started his career with Divis Pharmaceuticals, Hyderabad and later moved on to the Food Industry (India and abroad), Banking (ICICI Bank) with hands-on experience of 20+ years.
Mr. Rajendraprasad always thought of starting his own venture while working with different companies, but he finally left his banking career and tried and tested a couple of startups. Later, in 2020 he planned to start trading chemicals, food, and pharma ingredients, but it was very tough to find the materials required to trade or export from India.
That is how Mr. Rajendraprasad has thought of starting a digital platform to bring all the chemical and pharma manufacturers on to a single platform so that the trade will become easy. Still today, a lot of mediums to small manufacturers struggle to find buyers for their products since marketing eats a lot of money and time, and they need very bright, talented human resources to facilitate their trade activities which is a costly affair for most companies.
A visit to the Saltz India Pharma Laboratories website at saltz.in will show this information about what the Indian startup is about:
The need for medicines is higher than ever now. With more people falling sick and new diseases coming to the forefront. We need more medicines, and for more medicines, we need more API’s (Active Pharmaceutical Ingredients).
Saltz.in
API’s are essential, but they are difficult to acquire. Due to the strict regulations (which are necessary) that rule the global market, the medicine industry has become very opaque and conservative. This is why, no matter if you have years of experience in this industry, it is hard to get hold of good API’s.
This is where Saltz helps the website visitor. With Saltz, medicine makers can acquire API’s at the most affordable prices and get worldwide easy access to high-quality ingredients. Eliminating the need to approach traders, who work as middlemen and benefit from the strict regulations, causing shortages and high prices of medicines.
Saltz markets different Indian and overseas manufacturers and suppliers of chemicals, food & pharma ingredients, lab equipment, and instruments in India and abroad through digital media and promotes their sales using its own digital platform and with other media and digital platforms providing support roles.
For more information visit the Saltz India Pharma Laboratories website at Saltz.in (also at marketsaltz.com).