The hunger for success makes us forget about our health. You might be working hard on your startup but it doesn’t mean you have to slowly kill yourself to give birth to your bright future. A wise man once said that health is wealth.
Healthcare sector is growing rapidly in Indian landscape, both in terms of revenue and increasing market. The $100 billion worth Indian Healthcare industry is expected to grow by 23% by 2020 which will be $280 billion. This growing market has led to many emerging health-Tech startups here in India. They cater to various healthcare segments, book appointments, sell medicine online and operate as commercialized unit of venture.
In this article, we will take a look at some of the most prospering, promising and growing Healthcare startups running across our country:
List of Top Indian Healthcare Startups
One of the biggest medical startups in India, Netmeds is an online platform that has firmly established itself as India’s leading online pharmacy with over millions of active customer and deliveries to more than 19,000 PIN codes. It is also called ‘India ki Pharmacy’ and offers customers complete ease of shopping for medicine and other healthcare products through its 24x7 online portal and mobile app, which are supported by over 14 logistics centers spread across the country. They provide a multilingual voice, chat and email customer care center and a team of licensed pharmacists who receive, digitize and approve millions of prescription that are handwritten.
In 2018, Netmeds had 3 million downloads and grown to more than $512 million and is now projected to top $3.645 billion by the year 2022.
Also read: Success Story of Netmeds
ImpactGuru was founded with a vision to make healthcare accessible to all and save more lives. It is a tech-for-good platform that provides complete crowdfunding solutions to empower individuals, NGOs and social enterprises to raise funds for medical emergencies and other similar causes.
Also read: Success Story of ImpactGuru
Doc Plexus is a forum for doctors to go to when they face a new disease in their patients. DocPlexus is a platform for doctors to create their community and discuss problems with other doctors from all around the world. Founded by an IITian, Phanish Chandra, DocPlexus have more than 2,75,000 Doctors as its members. It is a free platform, however, one needs to be a licensed doctor to create an account on DocPlexus.
Founded by Pankaj Gupta, Mera Medicare is an online medical service. They provide home delivery of medicines in 2 to 12 hours with a 15% discount on almost all the medicines. It is a reliable and hassle-free option for ordering medicines.
3Hcare is Delhi based healthcare startup. It is an online marketplace for healthcare services. 3Hcare provides detailed information on healthcare services all across the India. A user can simply log on to 3Hcare’s website and find nearby diagnostics and hospitals as per his requirements. The name "3Hcare" stands for "Help, Health and Happiness" which signifies their vision of helping people to maintain their health and happiness.
Also read: Success Story of 3Hcare
eKincare is one of the most innovative healthtech startups in India. The main purpose of eKincare is to give people the facility to save their medical documents and access them anywhere. eKincare keeps your data secured and also lets you understand the medical data in an easy way by showing it to you in a graphical chart.
Also read: The success story of ekincare
Practo Search is one of the world’s leading healthcare platform and an independent medical website that focuses on patients, connects millions of patients with healthcare providers& doctors around the world and helps people make better healthcare decisions. Practo helps its consumers by providing them with healthcare requirements like searching for any healthcare expert, booking an appointment with doctors, online doctor consultation, getting their tests done and ordering medicines online. Practo Search is a patient focused medical website and has over 1 lac doctor profiles from all around India and Singapore. Practo is a free service for both the patients and the doctors.
Practo also provides its users with diagnostics search feature on their web-based platform that includes high-quality photographs and filter option. It lets the users manage their reports and medical data using the app. The consumers can also order medicine online and deal with reputed doctor’s management solutions.
Practo is a Bangalore based health-tech startup launched in 2008 which was co-founded by Shashank ND and Abhinav Lal. Together they built this software platform to digitize their health records and have online consultations as well.
One of the top healthcare startups in India, PharmaEasy is a Mumbai based pharma platform co-founded by DharmilSheth in 2015 and led by Bessemer Venture Partners and Orios Venture Partners. It is one of the most successful healthcare startups in India. PharmEasy is currently operating in seven cities including Delhi, Mumbai, Bengaluru, Kolkata, Pune, Jaipur and Ahmedabad and has over 150 partner vendors.
It started with a vision to deliver medicines at affordable rates by optimizing the supply chain and logistics and now serves more than one lakh families. The PharmaEasy app lets users place order with just three clicks and re-order can be placed by one click on the app. They plan to build an ecosystem using technology to connect patients, pharmacies, doctors, diagnostic centers and healthcare service providers and allow them to interact with each other by building a scalable technologies that will help connect many pharmacies across cities, town and village across the country.
AddressHealth was founded by Anand Lakshman in 2010 with a vision to ensure that every child attains a state of positive health and is India’s first one-stop-shop pediatric primary healthcare service provider. They aim at moving from mainframe computing, having physical, specialized clinics to cloud computing in healthcare to address the fragmented care model.
AddressHealth presently operated three clinics in Bangalore that provides comprehensive pediatric healthcare through clinics and schools for children and adults. AddressHealth is partner with government in MR Vaccine program. AddressHealth has reached to 300000 students through school till 2017. It has received a funding of $1.5 million in series A from Grey Matters Capital and Unitus Seed Fund.
“My father has donated blood over 60 times so far. I’ve learnt that if there’s anyone who is in need of blood, surely there’s someone who can donate blood and help save a precious life.” -Raghav Baldwa, founder of BloodSure
BloodSure was founded by Raghav Baldwa in 2012 and is a NPO social platform that connects blood and platelet donors to those in need of it in real time. They aim to rid India of blood shortage by 2027 and have a strong community of over 1.25 lac active donors in India, Bangladesh and Nepal. BloodSure has been able to reach 15,000 patients so far.
They have also organized over 35 camps and collected 4,000 pints of blood with over 75,000 blood donors. Raghav Baldwa aims to work on a blood donation app, a location-based application that will help locate and communicate with blood donors in the vicinity. BloodSure raised $5 thousand in seed funding in 2013. Their new initiative is a collaboration with World Health Organization to aware and help people about depression.
Consure Medical is a Delhi-based company founded by Nishith Chasmawala and Amit Sharma in 2012 and is an emerging medical device company that focuses on developing and commercializing novel critical care technologies for 80% of global citizens that currently do not have access to subsidized healthcare. Consure Medical is giving fecal incontinence therapy device.
Consure Medical develops and delivers a solution for fecal containment in bedridden patients. Qora is an applicator inserted into the anal cavity to provide a pathway for stool diversion with very little leakage. It offers Qora Stool Management Kit which is an indwelling fecal drainage device for the management of fecal incontinence that can be used across a continuum of care facilities from ICUs to nursing homes. The company is also operational in San Francisco, California.
DocTalk is a Mumbai-based healthcare software application to store medical reports and prescriptions and easily share them with your doctor. It was founded by Akshat Goenka and Vamsee Chamakura in 2016. It is a startup that is aiming to work on an AI (Artificial Intelligence) based, virtual assistant application to simplify the healthcare ecosystem of India.
DocTalk provides the users a platform where they can get solutions by enabling them to communicate with their doctors over the app. It allows them to safely save all their medical reports and files on the cloud which they can carry anywhere digitally.
Healthkart is a Gurgaon-based company founded in 2011 which offers various fitness products, services and community to help consumers achieve their fitness goals on their e-health store. It is one of the biggest medical e-store in India. They offer various healthcare products such as nutrition supplements, diabetes supplies, home medical devices and baby care products. These products can be ordered online and delivered by HealthKart themselves to ensure the safety. This healthcare platform was initially launched as a website and mobile app that would function as a generic drug search portal and has now become a marketplace that enables customers to search and purchase prescribed drugs.
Approximately 80-90% of the supplements sold in India are imported from developed countries, like US and Europe. Heavy customs duty on supplements attracts large amounts of parallel or unethical imports. Given that these products have been illegally imported into the country, sourcing information is not available and quality becomes a question. HealthKart provides 100% authentic products to its customers by maintaining:
- Tight control over the supply chain
- Quality control during distribution
- 14 days hassle-free return policy
The company has also launched FitUp which is an app for health and fitness supplements, additional to free assistance and nutrition counseling over HealthKart.
EURO Health is a Kolkata-based company founded by Sudip Mukherjee and Chandrima Mukherjee in 2013, and is one of the fastest growing healthcare market place in India. EURO stands for ‘Everything U Obviously Require’. Euor Health plans to set up over 1,000 tele-clinics across the country over the next few years.
EUOR Health is an online marketplace for all Healthcare services where people can search, identify, book and buy their required healthcare services with just one click or even by giving one call. They provide all the health care need and guidance for several healthcare services like diagnostics, doctor’s appointment, hospital admission, pathology, instant doctor’s consultation, preventive health care, rehabilitation and second opinions. Its cost is reasonable and it provides comfort and convenience. EUOR Health gives a unique card, EUOR Health Card which provides a unique Health Account no. to a consumer family under which they can have the benefits of Health Insurance, Accidental Insurance, Home Healthcare Support and Health Services/Products.
Founded for diabetes patients, BeatO provides a convenient and smart device to measure the blood sugar level. BeatO is a device that you can use with your smartphone by putting it in the headphone jack and using the strip to measure your blood sugar level. After you measure your blood sugar, it will give advice to you and share the results with the BeatO’s experts if it is a very critical condition.
Founded in 2016, Nirmai is focusing to save ladies from breast cancer. Breast cancer, which most of the people take for granted in the initial stage, is one of the most common cancer among women. To make it easier to detect breast cancer at its early days and doing it at a lower cost, Niramai uses thermal analytics and artificial intelligence. It makes it easier to screen breast cancer because this technology is mobile.
Founded by Abhimanyu Bhosle and Mukund Malani in 2013, Live health makes it easier for healthcare providers to provide their services. Live health makes the process for labs easier and smarter as they can access the information and reports of their patient online. They also help the clinics and labs with the operations, marketing, administration, etc. With the help of Live Health, labs and clinics can focus on their internal processes and patients instead of worrying about business factors.
Available in only 4 cities, Lybrate helps you find your perfect doctor near you. Many times, there is no need for meeting a doctor but we still do it just for the sake of our satisfaction. To save yours and doctor’s time, you can consult the doctor on Lybrate. There are more than 1,50,000 professionals which will help you on Lybrate.
Docttocare is an online healthcare service provider. It provides information about the best doctors, clinics, hospitals and diagnostic centers to its users. The platform also offers virtual walkthroughs of the ambiance to showcase hospitality and their facilities. It makes booking appointments super easy and assures the confirmation of online appointment through call, SMS or email. Docttocare launched its services in 2018 at NASSCOM Bangalore. It has received a few awards in 2019.
Also read: Success story of Docttocare
Health is the most important factor which implies our success. The startup is the trending career and what’s trending can change the world. All these startups are working hard to keep you safe and healthy. Many people will say that they are doing it just for the money, which is absolutely true. But a successful business is the one which thinks about their customers and sees the profit as the byproduct. So, in one way or the other, if any of these healthcare startups are doing good, then they are thinking about their customers.
Do you know any more healthcare startups? Please comment down below.