Gurgaon – March 07, 2024 – KredX, India’s largest supply chain finance platform announced today an addition to its health insurance policy. In alignment with its commitment to employee well-being, KredX is extending its health insurance coverage to include treatment for cervical cancer that includes the expenses associated with chemotherapy and all relevant medications essential for combating the disease. The company has rolled out a comprehensive cervical cancer health insurance policy that is extended to all its women employees and the spouses of male employees, ensuring access to timely and effective treatment for this debilitating disease.
KredX is also planning to organize vaccination campaigns and awareness programs in partnerships with healthcare professionals, local authorities, and community organizations that will help create a ripple effect of awareness and action, ultimately contributing to the well-being of society at large.
Cervical cancer, a disease claiming approximately 75,000 lives of women in India annually, remains a pressing issue despite being largely preventable. According to industry reports, 88% of working women remain unvaccinated against cervical cancer, with 63% of them unaware of available vaccines and screenings. Cervical cancer ranks as the second leading cause of cancer deaths among Indian women, with significant incidence and mortality rates. The 2024-25 budget has already included provisions for vaccination against cervical cancer, underscoring the government’s commitment to combating this disease. Moreover, the World Health Organization (WHO) has set an ambitious target for its global elimination by 2030. Recognizing the urgency and importance of this cause, KredX has taken proactive steps to address it that also reaffirms the company’s commitment to the health and well-being of its employees and their families.
Manish Kumar, CEO & Founder of KredX said, “At KredX, we believe in fostering an inclusive and supportive work environment that prioritizes the holistic well-being of our employees. By expanding our health insurance coverage to include cervical cancer treatment, we aim to address a critical healthcare need and empower our employees to prioritize their health without financial constraints. Our employees are the backbone of KredX, and their well-being is paramount to us. Our commitment to fostering an inclusive and supportive work environment aligns seamlessly with the missions outlined by esteemed organizations like the WHO and the Indian government. Soon, we also plan to organize vaccination campaigns and awareness programs that will help spread awareness and contribute to the larger public health efforts in our community.”
About KredX:
Founded in 2015 in Bangalore by Manish Kumar and Anurag Jain, KredX is India’s largest supply chain finance platform accelerating finance through the use of cutting-edge technology and data. The company offers a host of customizable solutions ranging from enterprise finance and cash flow management solutions to working capital and channel financing solutions for businesses, large and small, operating within the supply chain ecosystem while offering unique alternative debt investment solutions to investors worldwide. Through the use of reliable technology to accelerate customer growth, the company aims to become the world’s fastest operating system for supply chain finance.
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