Medikabazaar appoints Dinesh Lodha as new CEO amid leadership changes

Dinesh Lodha comes in place of Vivek Tiwari, the company’s cofounder who stepped down from the CEO’s position in the backdrop of the company facing allegations of financial discrepancies. Medikabazaar, last valued at $650 million, had appointed former Jet Airways CFO Ravishankar Gopalakrishnan as group chief operating officer and whole-time director in April.