The hunger for success makes you forget about health. You might be working hard on your startup but it doesn’t mean you slowly kill yourself for a bright entrepreneurial future. A wise man once said that health is wealth.
The healthcare sector is growing rapidly in the Indian landscape, both in terms of revenue and increasing market share. The Indian Healthcare industry pegged at $100 billion is expected to grow by 23% by 2020 to $280 billion. This growing market has given rise to many emerging healthtech startups in India. They cater to various healthcare segments, book appointments, sell medicine online, and operate as a commercialized unit of venture.
We have also covered list of Pharmaceutical Startups in India
In this article, we will take a look at some prospering, promising, and growing health startups functioning in India. Here is a list of healthcare companies in India.
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 customers 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. Netmeds is supported by over 14 logistics centers spread across the country. Netmeds has a multilingual voice, chat and email customer care center and a team of licensed pharmacists who receive, digitize, and approve millions of handwritten prescriptions.
In 2018, Netmeds had 3 million downloads and grew to more than $512 million; it is 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, MeraMedicare is an online medical service. MeraMedicare provides home delivery of medicines in 2 to 12 hours with a 15% discount on almost all 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 across India. Users can simply log on to 3Hcare’s website and find nearby diagnostics and hospitals as per their requirements. The name "3Hcare" stands for "Help, Health and Happiness" which signifies its vision for 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 these documents anytime from anywhere. eKincare keeps your data secure and also lets you understand medical data in a simplified manner through graphical charts and visuals.
Also read: The success story of ekincare
Practo Search is one of the world’s leading healthcare platforms and an independent medical website that focuses on patients, connects millions of patients with healthcare providers and doctors around the world, and helps people make better healthcare decisions. Practo helps its consumers by providing them with healthcare requirements like searching for healthcare experts, 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 its web-based platform through high-quality photographs and filter option. It lets users manage their reports and medical data using the app.
Practo is a Bangalore based health-tech startup launched in 2008. Practo was co-founded by Shashank ND and Abhinav Lal. They built this software platform to digitize their health records and have online consultations.
One of the top healthcare startups in India, PharmEasy 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—Delhi, Mumbai, Bengaluru, Kolkata, Pune, Jaipur and Ahmedabad—and has over 150 partner vendors.
It was launched with a vision to deliver medicines at affordable rates by optimizing supply chain and logistics and now serves more than 100,000 families. The PharmEasy app lets users place order with just three clicks and re-ordering can be done by one click in the app. It plans 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. PharmEasy connects also pharmacies across cities, towns, and villages in India.
AddressHealth was founded by Anand Lakshman in 2010 with a vision to ensure that every child attains a state of positive health. AddressHealth is India’s first one-stop-shop pediatric primary healthcare service provider.
AddressHealth presently operates three clinics in Bangalore and provides comprehensive pediatric healthcare through clinics and schools for children and adults. AddressHealth is partnered with the government in MR Vaccine program. AddressHealth reached out to 300000 students through schools 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 in real time. It aims to purge India of blood shortage by 2027 and has 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.
It has organized over 35 camps and collected 4,000 pints of blood from over 75,000 blood donors. Raghav Baldwa is working 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. Its new initiative is a collaboration with World Health Organization to raise awareness and help people with depression.
Consure Medical is a Delhi-based company founded by Nishith Chasmawala and Amit Sharma in 2012. It is an emerging medical device company that focuses on developing and commercializing novel critical care technologies for 80% of global citizens who do not have access to subsidized healthcare. Consure Medical delivers fecal incontinence therapy devices.
Consure Medical develops and delivers a solution for fecal containment to assist 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 and 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. DocTalk works on an AI (Artificial Intelligence) based virtual assistant application to simplify the healthcare ecosystem of India.
DocTalk provides users a platform where they can get solutions by enabling them to communicate with doctors over the app. It allows them to safely save all their medical reports and files on the cloud which can be accessed from 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 through its e-health store. It is one of the biggest medical e-stores in India. Healthkart offers 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 to ensure safety. The 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 for 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 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. It offers free assistance and nutrition counseling.
EUOR Health is a Kolkata-based company founded by Sudip Mukherjee and Chandrima Mukherjee in 2013. It is one of the fastest growing healthcare market places in India. EUOR stands for ‘Everything U Obviously Require’. Euor Health plans to set up over 1,000 tele-clinics across India over the next few years.
EUOR Health is an online marketplace for healthcare services where people can search, identify, book, and buy their required healthcare services with just one click or even by giving one call. It provides healthcare needs and guidance for services like diagnostics, doctor’s appointment, hospital admission, pathology, instant doctor’s consultation, preventive health care, rehabilitation, and second opinion. Its cost is reasonable and offers comfort and convenience. EUOR Health gives a unique card, EUOR Health Card, which provides a unique Health Account number to a consumer's family which covers benefits like Health Insurance, Accidental Insurance, Home Healthcare Support, and Health Services/Products.
Founded for diabetes patients, BeatO provides a convenient and smart device to measure blood sugar levels. BeatO is a device 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 offers you advice and shares the results with BeatO’s experts if medical intervention is needed.
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 stages, is one of the most common forms of cancer among women. To make it easier to detect breast cancer at an early stage and that too at a lower cost, Niramai uses thermal analytics and artificial intelligence. The technology is mobile, therefore offering ease of access and usage.
Founded by Abhimanyu Bhosle and Mukund Malani in 2013, Live Health makes it easy for healthcare providers to provide their services. Live Health makes the process for labs easier as they can access the information and reports of their patient online. Live Health also helps clinics and labs with 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 find the perfect doctor near you. Many times, there is no need for meeting a doctor but we still do it just for our satisfaction. To save your time as well as of the doctor’s, you can consult the doctor on Lybrate. There are more than 1,50,000 professionals who 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 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. Docttocare received a few awards in 2019.
Also read: Success story of Docttocare
Criador Design Labs
Criador Design Labs was founded by Abhishek Reddy and Hitesh Devara in 2017. Criador Design Labs is a product design firm which develops new innovative hardware technology products for consumer healthcare sectors. The latest product by Criador Labs is EVE Health, a smart water bottle designed to improve medication adherence amongst chronic disease patients. It helps patients to stay aware of their dosages and reminds them when it's time to take their medication. The bottle holds a patent-pending technology with sensors tracking medication intake and a Wi-Fi chipset sending live data to the servers. The data is analyzed and custom notifications and reports are sent to caretakers, hospitals, and insurance companies for taking proper actions.
Green Cure Wellness
Green Cure Wellness was founded by Sanchit Garg in 2015. Green Cure Wellness manufactures herbal personal care and health care products of international quality. It has a team of scientists in Germany who develop high quality formulations adherent to European norms.
Germany is the world’s leading technology hub for herbal and natural products. Green Cure leverage high German quality with age old wisdom of Ayurveda to manufacture efficient products free from side effects
Health is imperative for success in all aspects of life. The concept of startups is trending today and trends tend to change the world. So healthcare startups, without any doubt, are a significant game changer.
Do you know about any other healthcare startup not covered in this list? Do comment down below.