The Healthcare Industry in India has for long distanced itself from Digital Technology but with startups like Practo, Portea & Lyberate scaling up, the scenario is fast changing. Health Startups are now seen as one of the most lucrative fields for new businesses. With increasing Internet Speeds and connectivity, this trend will only get stronger in the coming years. For this reason, today we take a look at the 5 most promising startups in this field. (Not in any particular order)
Health Startups Platform in India
BookMEDS defines itself as an Online Pharmacy Marketplace. Founded by Mr. Muhammad Abubakr, this Hyderabad venture has just recently won the Most Promising Startup at Bio Asia 16.
Over 270+ pharmacies have signed up with BookMEDS across Hyderabad, Kolkata, Lucknow, Patna, Bhopal and Delhi. Purely on the pharmacy count, BookMEDS can be considered as fourth largest pharmacy chain in India.
- From http://tinyurl.com/grdzpcu
BookMEDS is also heavily pushing out its App and has big plans for it. We suspect it won’t be long before they are able to expand their operations country wide.
LiveHealth is a one of its kind Management Information Systems for healthcare providers in India. LiveHealth caters to both – patients as well as healthcare providers. Patients can access their reports as soon as these become available via their account or application. What sets LiveHealth apart is that not only are their reports easy to read and understand, they also come with Doctor’s opinions and suggestions. This is something which is normally absent in most reports. For Doctors, LiveHealth makes it easy to manage Patient Records and Track Finances in real time.
WelcomeCure has come a long way since it’s inception. This Health Startup is only a couple of years old, but has managed to make its mark relatively quickly. WelcomeCure is unique in this list in that it is the only one which focuses on Alternative Healthcare.
WelcomeCure’s has several Homeopathy Experts (all with 25+ years of experience in their field) on its platform. Customers can avail consultation with these experts online or via telephone. WelcomeCure claims it has homeopathic treatments for a myriad number of diseases – from psoriasis to bronchial asthma and cancer. This is one of the major reasons why it has such a major pull as one of the most promising Health Startups around.
Socialblood is another one of the unique Health Startups which has gained significant relevance over the past few years. It is an online network of Hospitals, Blood Donors and Blood Banks. The traditional method of finding blood donors is long-winded and broken, especially in the Indian context. Socialblood presents an elegant and simple solution to this critical problem.
At Socialblood, the mission is not only to create an easy, trustworthy and a reliable network of donors around the world but also grow together with hospitals, blood-banks and supporting organizations.We aim to change and disrupt the archaic ways of finding blood donors and build the largest network of voluntary donors around the world.
- Karthik Naralasetty, Founder, Socialblood (http://tinyurl.com/hfdasl5)
Yes, MedicoMART is our own venture, but let me explain why it deserves a mention in this list. The Healthcare Industry in our country suffers from a huge unseen and undiscussed problem – the use of below par Medical Equipment Online for treating patients. In a country where providing quality healthcare to the entire population is itself a challenge, this issue is not really given much thought. However, this question will become relevant sooner or later. And MedicoMART aims to be the solution to it.
MedicoMART’s motto is to create an ecosystem which enables Buyers & Sellers of Medical Equipment to connect in a seamless manner. For this reason, conducting business on MedicoMART is absolutely free – from Registration to Ad Posting to Contacting parties. This is something unique and not generally seen with other such portals. The User is the ultimate benefactor in this, as the platform enables everyone to find exactly what they are looking for without making things complex.
Do you agree with our list of Most Promising Health Startups? Let us know your thoughts in the comment section below!