IIMB Alumni Association Dubai Chapter joins hands with NGOs to supply 1000 oxygen concentrators
06 May, 2021, Bengaluru: The IIM Bangalore Alumni Association (IIMBAA) Dubai Chapter, along with other professionals, has launched a mission to supply 1000 oxygen concentrators (OCs) across India. The OCs will be distributed through B2B channels.
The IIM Bangalore alumni engaged in this mission include IMBAA Dubai Chapter Director Kamal Jain, alumnus of the Advanced Management Programme (AMP), and Amit Jain, who runs a distress investment fund.
The group has partnered with various B2B delivery channels and NGOs to supply these OCs on a ‘no-profit’ basis. They are collecting funds from their networks for these OCs which can be reused. Once they recover the cost from the nominal rentals paid by the families (three to six months), they will repay the investments of these OCs to the funders and donate these OCs to the hospitals across India for further use. Thus contributing their efforts to fight the pandemic, the group wants to ensure optimum utilization of the OCs, so that unitedly the COVID chain can be broken.
IIMB Alumni Association Dubai Chapter joins hands with NGOs to supply 1000 oxygen concentrators
06 May, 2021, Bengaluru: The IIM Bangalore Alumni Association (IIMBAA) Dubai Chapter, along with other professionals, has launched a mission to supply 1000 oxygen concentrators (OCs) across India. The OCs will be distributed through B2B channels.
The IIM Bangalore alumni engaged in this mission include IMBAA Dubai Chapter Director Kamal Jain, alumnus of the Advanced Management Programme (AMP), and Amit Jain, who runs a distress investment fund.
The group has partnered with various B2B delivery channels and NGOs to supply these OCs on a ‘no-profit’ basis. They are collecting funds from their networks for these OCs which can be reused. Once they recover the cost from the nominal rentals paid by the families (three to six months), they will repay the investments of these OCs to the funders and donate these OCs to the hospitals across India for further use. Thus contributing their efforts to fight the pandemic, the group wants to ensure optimum utilization of the OCs, so that unitedly the COVID chain can be broken.