Premnath Venugopalan

🌿✨ Embracing AYUSH: Empowering Health Naturally! 🌟 Did you know? Recent data from the survey on AYUSH conducted by National Sample Survey Office, India reveals that 50% of Indians used AYUSH healthcare system in the last year! 🔹 AYUSH system of medicines refers to the use of one or more of the system(s) of Ayurveda, Yoga, Unani, Siddha, Sowa-Rigpa and Homeopathy 🔹 95% of rural and 96% of urban folks are aware of AYUSH traditions. 🔹 85% of rural and 86% of urban households practice Medicinal Plants/Home Remedies/Local Health Traditions. 🔹 Nearly half of rural (46%) and over half of urban (53%) individuals used AYUSH in the last year for health benefits. We at SaveIN work with several leading alternate medicine providers like Dr Batra’s Healthcare Jiva Ayurveda Madhavbaug Homeocare International among others, and are witnessing tremendous demand for alternate therapies, especially for chronic diseases and lifestyle disorders. Let's continue to explore the power of traditional wisdom in promoting holistic wellness alongside adopting the latest in healthcare! 🌱💪 #AYUSH #HolisticHealth #WellnessJourney #TraditionalMedicine #Healthcare #Lifestyle

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To achieve world-class industry status, it is important to understand the current state of R&D activities by the Indian industry and compare their performance with the best-in-the-class peers. This study aims to understand how Indian firms compare with leading Global firms on selected parameters for R&D inputs and outputs. Data from about 120 firms was collected and analysed for this exercise. Six sectors were chosen to allow for comparison between firms from similar industries.

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Investing in start-ups is not just about diversifying your investment portfolio or creating wealth. It has provided me with invaluable first-hand experience of the passion, the struggles, and the critical decision-making processes involved, and especially the grit required to be a founder. More importantly, it has taught me how to build scalable and sustainable businesses, foster a strong organizational culture, and create enduring organizations. I have been implementing these learnings to help grow NanoHealth! Thanks a lot to Inflection Point Ventures, Vinay Bansal, Ankur Mittal, Mitesh Shah. Wishing them all the best! Manish Ranjan

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Interesting!!! Investors are flocking to India's growing medtech sector, driven by the country's low-cost manufacturing advantage. The domestic medtech industry is projected to reach $50 billion by 2030. But for now, it only accounts for 1.5% of the global market. According to Indian government estimates, India is the fourth-largest market for medical devices in Asia. Globally, though, India’s medtech sector claims a meagre 1.5% share, which market experts predict will grow substantially as global investors, including KKR & Co., Morgan Stanley, and Warburg Pincus, rush to back domestic medical equipment makers.

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Managing a VC fund is not as easy or glamorous as it might seem. While there are opportunities, there are also many challenges. Here's a candid conversation with Dr. Srikanth Sundararajan general partner at VenturEast Investing since 1997! Dr. Sundararajan has experience in both the US and Indian startup ecosystems and has witnessed the evolution of the venture capital industry. He shares valuable insights on how to improve the investment landscape, focusing on policy and regulatory changes. Link to the video in the first comment. #venturecapital Excluto

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India's market is not ideal for high-value AI innovations. The country's digital system remains inefficient compared to smarter technologies available globally. This was said by Kiran Mazumdar-Shaw, Founder of Biocon. However, India's AI sector is proving this wrong with remarkable achievements. Recently, an Indian AI startup, Niramai, developed an innovative AI-based breast cancer screening solution. This technology is gaining global recognition for its accuracy and affordability, showcasing India's potential in AI innovation. Despite challenges, India is making significant strides in AI. The government has launched initiatives like the National AI Strategy and set up AI research institutes to foster innovation. Startups and tech companies are also playing a crucial role, developing AI solutions for healthcare, agriculture, and education. India's AI talent pool is one of the largest globally, with numerous skilled engineers and data scientists. This talent is driving the creation of advanced AI technologies that compete on a global scale. For instance, Indian AI startups have been recognized at international forums for their innovative solutions. Moreover, India's vast and diverse data sets provide a unique advantage for AI development. This data helps train robust AI models that can be used worldwide. India's AI applications in various sectors demonstrate the country's growing capability and potential in the AI field. India's position in the global AI race is steadily improving. The country is ranked among the top nations in AI research and development. Indian tech giants like TCS and Infosys are collaborating with global firms to advance AI technologies further. In conclusion, while India faces challenges, its achievements in AI prove that it can overcome these obstacles. The success of Niramai and other AI innovations highlight India's growing influence in the global AI arena. With continued investment and focus, India is poised to become a significant player in the AI industry, disproving the notion that it lags behind in high-value AI innovations. #AI #ArtificialIntelligence #India #Innovation #Niramai #TechStartups #HealthcareAI

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