Denis Opudo
The health sector is one of the sectors that are undergoing regular changes due to the tech revolutions. Many startups are coming in to help solve the health problems both locally and globally. Healthi.in startup gives health prevention package depending on what the customer wants. The packages include heart disease preventions, vitamin check-up anemia prevention. It also has obesity and diabetes prevention areas. The startup was launched in 2014 by Rekuram Varadharaj as the COP and Krishna Ulagaratchagan as the CEO.
Healthi.in uses prognostic analysis and personalization algorithms. This aims at giving patients the real picture of their health. The platform also gives its packages to insurance and cooperate groups. The health startup has managed to get a seed funding of $3.1 million. The money was raised by Montane Ventures.
Montane Ventures is a venture capital company. The company counts on the family of Ajay Piramal as their main investor. Healthi.in startup plans to use the money in making its services reach out to more customers. It plans to do this by increasing its product development. It also aims at improving its technology and products. It will also increase its efforts on working towards reaching out to many customers.
An increase in expenditure in the health sector means that the level of service must also increase. This will be only ensured when there is harmony between digital and AI. The company is planning to expand into EMEA and 10 ASEAN countries. This comes amid its target of growing its operations in the Indian market. EMEA stands for Europe, the Middle East, and Africa. The company is also planning to start piloting internationally in the coming 12 to 18 months.
The health sector has a brighter future. This is due to the fact that many startups have managed to get funding recently. For instance, Axio Biosolutions Pvt. Ltd got $7.4 million in a Series B round. The funding was spearheaded by Ratan Tata’s RNT Capital Advisors. Axio Biosolutions Pvt. Ltd is a Bangaluru based startup that helps in speeding up a blood clot. It does that using a sponge-like bandage that is pressed against wounds or cuts.
