Sheetal Nariani

We fund (via W Health Ventures) and found (via 2070 Health) healthcare ventures and often ask ourselves what does it take to forge a successful healthcare startup. Pankaj and I share some (rather unfiltered) thoughts in this op-ed around:   ➙ Identifying the right patient problems [by conducting empathetic patient interviews and understanding clinical workflows better by having doctor conversations] ➙ Crafting innovative solutions [by looking at global innovation, contextualizing them for India, and mapping the solution with a multi-stakeholder patient journey] ➙ Building the right 0 to 1 team [assembling a complementary team, with co-founders and early team members whose skills align like a piece of jigsaw]   In short, establishing and sustaining a healthcare startup in India demands strategic acumen, and also involves navigating mental, emotional, and financial challenges. Cheers to all founders and builders out there! Thank you YourStory Media for the coverage. #healthcare #VC #investing #digitalhealth Tushar | Vedika | Shailja

195

21 Comments

🌿✨ 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

22

In the inaugural episode of our #CEOpodcast series, Abhinav Shashank, the co-founder of Innovaccer, takes us on a journey from his humble beginnings in Lucknow to his pioneering role in revolutionizing the #healthcare industry. Abhinav Shashank, with a degree in mechanical engineering from Indian Institute of Technology, Kharagpur, shares how he transitioned from being a "technical outsider" to a disruptive force in Silicon Valley. The conversation highlights Innovaccer's genesis a decade ago, driven by the vision to unify patient data for improved healthcare outcomes. Abhinav Shashank emphasizes the company's growth trajectory, culminating in its status as India's first health tech unicorn in 2021, alongside his accolades like Forbes 30 under 30 Asia and The Economic Times 40 under 40. Reflecting on his upbringing in Lucknow and education at Modern School, Abhinav Shashank recalls the emphasis on learning without cramming, instilling a passion for education and innovation. His journey at the Indian Institute of Technology, Kharagpur, where he pursued mechanical engineering, exposed him to diverse talent and ignited his entrepreneurial spirit.🌟 Abhinav Shashank's transition from IIT to Ingersoll Rand, where he spearheaded the "For India, By India" strategy, provided invaluable commercial experience. It was during this time that the idea for Innovaccer took shape, fueled by the team's expertise in data analytics and a desire to build something meaningful. The pivotal shift towards healthcare came as Innovaccer recognized the fragmented nature of the industry and the potential for impact. Abhinav Shashank describes the journey from serving universities to becoming a leader in healthcare #technology, driven by a commitment to solving real-world problems.💡 The conversation also delves into Innovaccer's core mission of unifying patient data for better healthcare outcomes. Abhinav Shashank explains how the company leverages #data to create a 360-degree view of patients, enabling proactive care delivery and personalized interventions. Discussing the challenges of maintaining a startup spirit while scaling operations, Abhinav Shashank emphasizes the importance of fostering a culture of innovation and agility. He underscores the significance of culture as the foundation for #sustainable growth, drawing parallels with companies like Microsoft and their focus on continuous innovation.🚀 In closing, Abhinav Shashank reflects on Innovaccer's journey and its unwavering commitment to meaningful work. He highlights the company's focus on product and engineering excellence, positioning itself as a leader in healthcare #technology and #innovation. 🎥 Don't miss this captivating conversation hosted by our senior analyst Arti Ghargi. Watch the full episode on YouTube now.🎧 🔗 https://lnkd.in/d9HaCKHg #HealthcareInnovation #CEOInterview #Innovaccer #Podcast

60

1 Comment

Trifecta Capital is thrilled to back Vikrant Agrawal, Sidak Singh, and the larger Care.fi team from our venture debt fund. India's healthcare sector faces significant revenue management and working capital challenges, particularly for standalone hospitals and their suppliers. Care.fi strategically positions itself as a premier platform to granularly forecast net revenue, plug leakages, and cater to debt needs. Through its flagship product, CareCred - Revenue Cycle Management, Care.fi empowers hospitals to manage cash flow and pursue strategic growth opportunities efficiently. Vikrant and Sidak envision Care.fi as India’s first healthcare-focused small finance bank. Backed by Peak XV Partners (Formerly Sequoia India), the company obtained its NBFC license within just two years of operations. In the last financial year, Care.fi’s total disbursals quadrupled, with cumulative disbursals crossing INR 450 crores. We take immense pride in witnessing Vikrant and Sidak's vision as they create a massive impact on Indian Healthcare and are honored to partner with them during this pivotal phase of their growth journey. Nilesh Kothari Sahil Aggarwal Aditya Kumar Singh #healthcare #healthtech #entrepreneurship #nbfc #startupindia

165

20 Comments

The Indian 𝐩𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭𝐥𝐲 𝐭𝐡𝐢𝐬 𝐟𝐢𝐬𝐜𝐚𝐥 𝐲𝐞𝐚𝐫, with sales expected to rise by 8–10%, according to a recent report by CRISIL. The growth figures demonstrates the steadfast dedication of the entire healthcare ecosystem to enhance global access to healthcare. With this pace, 𝐈'𝐦 𝐜𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐭 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐰𝐢𝐥𝐥 𝐤𝐞𝐞𝐩 𝐮𝐩 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 𝐚𝐧𝐝 𝐚𝐫𝐨𝐮𝐧𝐝 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝, 𝐦𝐚𝐤𝐢𝐧𝐠 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐚𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐥𝐞 𝐭𝐨 𝐚𝐥𝐥. The growth trajectory is likely to encourage the creation of jobs, draw in investments, and maintain India's leadership in the pharmaceutical industry worldwide. We can use this growth to our advantage in the next years to achieve even bigger goals if we continue to innovate and put the needs of the patient first. https://lnkd.in/giCybg-f #IndianPharma #PharmaGrowth #HealthcareInnovation #GlobalHealthcare #PharmaceuticalIndustry #MankindPharma

328

17 Comments