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About Us

Collateral Medical is a leading medical device marketing and distribution company. Our customers include medical professionals, purchase managers; and end users such as patients, expecting mothers, etc.  We serve our customers through direct mail, industry-specialized support staff, field sales representatives and use of internet and mobile technologies.

We support medical professionals by providing products and services in an efficient and transparent way. Our customers are connected, informed and adapt in using technology to their advantage.

We are committed to providing the industry with high quality medical devices at the lowest possible prices. We believe that this will not only improve the quality of healthcare access but this will also increase healthcare access.

Our industry-specialized, highly trained support staff and field sales representatives are proof of our customer-centric philosophy. We keep abreast of industry competition and trends within our core markets, and our customers have come to rely on our ability to adapt to changing markets and the industry's evolving needs.

We work as a team, sharing ideas and conventions, to deliver the best possible outcomes to our customers. We ensure integrity by delivering on our promises and making things happen.

Our team’s desire is to make significant contributions to the communities in which we work. We have a restless desire to take things to the next level, to stretch our abilities and become the number one full service provider to independent hospitals and doctors who control their budgets

Our Mission

To provide innovative, integrated health care products and services; digitally to our customers - enabling them to deliver the best quality patient care in most efficient and cost effective way.

Our Vision

To be the number one full service provider to independent hospitals and doctors who control their budgets

Our Values

  • We believe digital technologies can help delivery highest supply chain efficiency

  • We believe in providing transparency in pricing and features to enable customer manage their costs

  • We believe is minimizing complexity in sourcing and using medical products

  • We believe in offering widest variety to our customer so that they can opt for what fits them best

  • We believe in high integrity in all aspects of our business.

  • We believe in delivering high quality products and service and continuously enhance quality levels.

  • We believe in continuous innovation and believe everything can be improved


Nikhilesh Tiwari

Nikhilesh Tiwari has over a decade of medical device industry experience. Before founding Collateral Medical he was business head of Women’s Health division at Johnson & Johnson Medical India.. He has also worked in the medical device and healthcare space in the US, UK and Germany and has handled national responsibility of J&J’s cardiovascular surgery and plastic surgery business.

Nikhilesh holds an MBA from the London Business School and M Tech from IIT, Delhi. Nikhilesh started his career as a Management trainee at Hindustan Aeronautics and then moved to TCS where his last role was head of Sales and Marketing for the Engineering Services Division for North and East of India.

Sanjay Jha

Sanjay Jha has over decade years of medical device industry experience. Sanjay has worked in various senior Marketing & Business Development roles at Johnson & Johnson Medical India. He has also worked in Design & Development of medical device in the US with GE Healthcare and has patents in his name. Before joining Collateral Medical he was involved with a start up in the area of energy saving,

Sanjay holds an MBA from INSEAD, France and is a graduate from IIT, Khraghpur.

Nishant Beniwal

Nishant Beniwal is a corporate legal consultant whose focuses primarily on rendering legal and regulatory advice in the infrastructure and finance space. In the past, Nishant has advised a number of domestic and foreign clients, such as BP (British Petroleum), Tata Power, Reliance Energy, IOC (Indian Oil Corporation), Gazprom, GDF Suez and State Bank of India, on a wide range of diverse legal issues. Nishant has also represented a number of clients in contentious matters before a number of courts and tribunals, including the Supreme Court of India and the Delhi High Court.

 Nishant regularly advises a number of start-ups in the renewable energy and consumer goods space in relation to legal and regulatory aspects relating to the commencement of their business in India and the continued operations thereof.

 Nishant graduated from the National University of Juridical Sciences, Kolkata and is licensed to practice law throughout India



Dr. Ashutosh Raghuvanshi

Dr Raghuvanshi is currently the Vice Chairman and Group CEO of Narayana Hrudayalaya. Narayana Hrudayalaya group currently has 5000 beds in India and aims to have 30,000 beds in the next 5 years in globally to become the one of the largest healthcare player in the country. The group has done numerous innovations in providing affordable healthcare

Dr Raghuvanshi has started various hospitals across the world. He is a Cardiac Surgeon by training and has worked with Apollo Hospitals, Vijaya Heart Foundation and Manipal Heart Foundation.  Dr Raghuvashi co-founded Collateral Medical.


Vice President

Ravindra Patil

Ravindra Patil is an experienced professional from the field of Supply chain management. In the past, he has done extensive work in areas such as Materials Management, Logistics, Vendor Development, Procurement, Liaison, Production, Quality control with very well-known organisations like Lubrizol India, Shell India, Reliance Industries, Sahyadri hospitals and Surya Mother & Child care Hospitals. He has wide range of experience in medical field in handling processes across hospitals Units like Hospital administration, Patient Support System and hospital material management and procurement. 

Ravindra is post graduated from University of Mumbai as well is trained Quality professional on various compliances. With wide range of experience from the market in related field, he is geared up to take collateral to newer heights.