India Home Health Care is a Chennai – based healthcare startup. The startup is currently developing a device that can monitor employees’ health belonging to various organizations by April 2018. The device will be able to monitor diseases like diabetes, mental stress/ anxiety and heart-related problems. V. Thiyagarajan, the founder of this startup said that of late, IT companies in India and around the world have begun to invest in their employees’ health as they believe that a happy and healthy employee is a productive employee. The startup wants to tap into this huge opportunity. Read more on Healthcare Startups
“We have kept the price as low as ₹200 per employee”, Thiyagarajan said.
The startup is currently negotiating with a few IT companies to monitor their employees’ health and earn some revenue in the near future. Employees will be given their (the startup’s device) device that can monitor their sugar, blood pressure (BP) and cholesterol levels. The data will be recorded through a mobile application.
“We are working on the platform right now and will be doing a pilot run in February-March before the launch in April 2018”, Thiyagarajan added.
The startup is also working on another device that can detect health issues in elderly people. That device is incorporated with AI (Artificial Intelligence) and will use part data and part AI to analyse disease patterns in elderly people.
“We have a huge amount of medical data available that can be used for predictive analytics”, Thiyagarajan said.
Apart from health issues, the device can also be used to do regular checks on the BP, blood sugar and cholesterol levels in elderly people. Patients can also subscribe for a monthly visit of a qualified nurse, physiotherapist and nutritionist to their homes using the startup’s mobile app at just Rs. 1000/- per month. The device and the service are expected to be launched in July, 2018 according to founder, Thiyagarajan. To train nurses for the above-mentioned subscription plan, the startup has started a training centre in Bengaluru with an investment of ₹1.2 crores.
“There are not many educational institutions that train nurses in critical care”, Thiyagarajan said.
The other healthcare startups that have raised funding this year (2017) include the healthcare startup, CrediHealth, which bagged US $1.5 million in Pre Series round of funding from Tolaram during April, this year. The healthcare startup QorQI secured an undisclosed amount of seed funding from PayTm during April, this year. The healthcare startup, OXA, secured an undisclosed amount of seed funding from Idein Ventures during March, this year. The healthcare startup, Celes Care, raised US $1.5 million in Pre Series round of funding from Ventureast, Endiya Partners, Eight Roads Ventures, F-Prime Capital Partners, Dr. Varaprasad Reddy and other preeminent investors during March, this year. The healthcare startup, MobiDent secured an undisclosed amount of Pre Series funding from DanGold Investment Corp during January, this year (2017) just to name a few. Read more on Startup News