Saurabh K. Email and Phone Number

Nova Benefits is India's best B2B Insurance broker and benefits provider.At Nova, we're all about providing top-notch service that stands out in the industry. We make sure things happen quickly and smoothly, from handling claims to enrolling employees and answering questions. With Nova Benefits, we bring together everything your employees need, like insurance, health check-ups, and more, all in one place. This makes it easy for them to make the most of their benefits, helping them stay healthy and productive.We're proud to say we're growing faster than anyone else in the employee wellness field, with over 500 clients on board, including Cleartax, Snapdeal, Homelane, MyGate, and Uniphore.Nova is also excited to announce that we've received $11 million in Series A funding from investors like SIG, Bessemer, Multiply Ventures, Better Capital, Titan Capital, and Angel List. With their support, we're ready to take things to the next level and continue providing exceptional service to our clients.

~ Successfully established a robust supply network, encompassing leading e-Pharmacies and distributors, spanning over 19,000 pincodes. This network efficiently meets the diverse demands of both corporate and retail orders~ Pioneered the development and expansion of the Meds Ops team, nurturing and scaling it to over 100 dedicated members~ Significantly enhanced customer satisfaction (CSAT) to above 4.5, paralleled by a 300% increase in supplier take rate, demonstrating a keen focus on quality and service excellence

~ Spearheaded the P&L for Practo's eClinic division, encompassing Online Consultation, E-Pharmacy, and Diagnostics.~ Established 6 Practo-owned warehouses/labs and formed partnerships with 25 marketplace retailers, resulting in a 40% revenue increase in the Online Pharmacy/Diagnostics channels.~ Devised and implemented 6 Warehouse/Lab SOPs and overhauled the payout structure, achieving a 33% reduction in warehouse and logistics costs.~ Successfully turned around the initially loss-making Online Consultation business, enhancing EBITDA by 20% through strategic initiatives and operational improvements.

~ Managed the performance of 4 warehouses and 40 distribution centers across India, enhancing operational efficiency.~ Led a large team of 1500+ across sourcing, warehouse operations, and logistics.~ Utilized technology to optimize supply-demand planning, achieving a consistent SKU fill rate of over 92% with a monthly purchase margin exceeding 30%.~ Implemented route network optimization and attrition management strategies, ensuring 97% of orders were delivered on or before time.~ Initiated and oversaw the launch of new warehouses in two cities, involving the setup of 20,000 sqft warehouses and building a team of 500+.~ Redesigned inventory management using tech solutions, cutting down expired stock losses by ₹60 lakhs per month across India.