Deepesh Rajpal

🌿✨ Embracing AYUSH: Empowering Health Naturally! 🌟 Did you know? Recent data from the survey on AYUSH conducted by National Sample Survey Office, India reveals that 50% of Indians used AYUSH healthcare system in the last year! 🔹 AYUSH system of medicines refers to the use of one or more of the system(s) of Ayurveda, Yoga, Unani, Siddha, Sowa-Rigpa and Homeopathy 🔹 95% of rural and 96% of urban folks are aware of AYUSH traditions. 🔹 85% of rural and 86% of urban households practice Medicinal Plants/Home Remedies/Local Health Traditions. 🔹 Nearly half of rural (46%) and over half of urban (53%) individuals used AYUSH in the last year for health benefits. We at SaveIN work with several leading alternate medicine providers like Dr Batra’s Healthcare Jiva Ayurveda Madhavbaug Homeocare International among others, and are witnessing tremendous demand for alternate therapies, especially for chronic diseases and lifestyle disorders. Let's continue to explore the power of traditional wisdom in promoting holistic wellness alongside adopting the latest in healthcare! 🌱💪 #AYUSH #HolisticHealth #WellnessJourney #TraditionalMedicine #Healthcare #Lifestyle

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Even though Top-5 Hospitals in 🇮🇳 grew 17.2% YoY in Revenue in FY24 & the PE investments were also BULL-ish🐂 but why are the Healthtech investments still BEAR-rish🐻? 🔻Is it that the PE-funded Branded hospitals are busy in 🔻expanding their reach PAN-India but NOT that much in 🔻bringing AI in Healthcare and incorporating Healthtech 🔻at every step of Patient Experience? ➡ Have a look at some of the prominent names in Indian Hospital Industry: 1-Apollo Hospitals- Rs. 19,059Cr (14.7% YoY) 2-Fortis Healthcare- Rs. 6,892Cr (9.4% YoY) 3-Manipal Hospitals- Rs. 6,500Cr (41.3% YoY) 4-Max Healthcare- Rs. 5,406Cr (18.5% YoY) 5-Narayana Health- Rs. 5,018Cr (10.9% YoY) 6-Aster DM Healthcare- Rs. 3,698Cr 7-Medanta- Rs. 3,275Cr 8-KIMS Hospitals- Rs. 2,498Cr 9-HealthCare Global (HCG) - Rs. 1,912Cr 10-Rainbow Children's Hospitals- Rs. 1,236Cr 11-Kovai Medical Center and Hospital (KMCH)- Rs. 1,219Cr 12-Shalby Hospitals- Rs. 933Cr 13-Artemis Hospitals- Rs. 878Cr 14-Yatharth Super Speciality Hospitals - Rs. 670Cr 15-Dr.Agarwal's Eye Hospital- Rs. 319Cr 16-Kauvery Hospital- Rs.177Cr 17-Lotus Eye Hospital and Institute- Rs.48Cr 18-Aashka Hospital- Rs.22Cr ➡ As far as Temasek is concerned: ✨ It bought an additional 41% from Manipal by pumping $2B, valuing it at Rs.40,000Cr. *Since then the revenue has jumped by 59% from Rs.4,600Cr to Rs.6,500Cr. ✨ It might buy 60% of HealthCare Global (HCG). ✨ Temasek also invested $80m in Dr.Agarwal's Eye Hospital as well. ✨ This $2B has allowed Manipal Hospitals to acquire Medica Superspecialty Hospital, Kolkata with 1400 beds spread across 11 hospitals in Bihar, West Bengal, Jharkhand & Assam. ✨ It also bought off 17% stake in Medanta from Punj Lloyd Limited. ➡ IHH Healthcare had acquired Gleneagles and bought 31% stake in Fortis Healthcare. ➡ Blackstone invested in KIMSHEALTH and bought 80% in it. ✨ Let me know your honest point of view on this infra expansion. Is it good for us or bad? ✨ Do you think Mid-Size Hospitals improve their survival chances adopting technology & investing in building world-class Patient Experience? 👨‍⚕️ Are you, as a DOCTOR-RUN hospital, confused about your future, Follow AGENDA+HEALTH | DM with your issues. #healthcare #healthtech #india #hospitals #doctors #PE #privateequity #revenue #market #valuations #mergersandacquisition #HealthcareIndustry #MedicalTourism #IndianHealthcare #HospitalManagement #HealthcareServices #HealthcareBusiness #HealthcareFinance #HospitalOperations #CostOptimization #PatientCare #MedicalServices #HealthcareEconomics #HospitalAdministration #HealthcareSuccess

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As per Inc42 Media - Indian Tech Startup Funding Report Q1 2024 India's startup ecosystem saw a decline of 33% YoY in Q1 2024, registering a 7-year low of $2 Bn in overall funding. However, fintech and ecommerce startups continue to attract investors, with fintech securing $460 Mn in 31 deals and ecommerce raising $336 Mn in 50 deals. Enterprise tech startups also had a good quarter, raising $305 Mn across 28 deals. Curious about the most funded startup hubs in Q1 2024? Check out the report from Inc42 Media. #startupfunding #fintech #ecommerce #enterprisetech #Inc42Media #fundraising #healthtech #healthcare #hospitals

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Healthtech startup Orange Health has raised $12 Mn (INR 101.5 Cr) in an undisclosed funding round led by Amazon Smbhav Venture Fund👇 The round also saw participation from a host of existing investors, including Accel, General Catalyst, Bertelsmann India Investments and Y Combinator. The Bengaluru-based company plans to use the fresh capital to grow its team, product expansion and drive further innovation in diagnostics. Orange Health’s latest round takes its total funding round to $47 Mn till date. Founded in 2020 by Gupta and Bhambra, Orange Health is an on-demand diagnostics service provider. It competes with the likes of Practo, Redcliffe Labs and PharmEasy in India. In 2022, the startup raised $25 Mn in a Series B round led by Bertelsmann India Investments and General Catalyst. 🔗To read the in-depth article, click here: https://4-2.co/3CYVVIL #news #healthtech #startup #fundraising

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Do you know that the Digital Healthcare Market in India is worth $5 Billion and is expected to 4x by 2026? While we have seen entry by quite a few players and business models in the digital healthcare space, one firm that pioneered this domain is Practo. It needs no introduction so I will directly jump into the meat of the story and talk about Practo's early years, founders' journey, monetisation, and secret sauce in the guide below. Hope this helps all business/strategy buffs! Follow me (Sarthak) for more such content on business, consulting, and MBA. #knowledge #business #strategy

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https://lnkd.in/gj5Qi6Jt Top Indian Startups: Driving Growth in E-Com, Health Tech, and Fintech The Financial Year 2023-24 has crowned Indian startups as undisputed champions. Among the thirty-six startups that disclosed their financials, twenty-six not only survived but thrived, collectively amassing a staggering INR 3,633 crore in profits. #StartupWorldCup #StartupLife #EntrepreneurJourney #EntrepreneurMindset #Entrepreneurship #BusinessStrategy #Businesses #BusinessNews

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Transforming decision making with Adaapt ✅ Hear from Ashish Sood, IT Head at Apollo Hospitals, on how our AI powered analytics platform is reshaping strategic planning and operational efficiency✨ #DataDriven #Innovation #Adaapt #Analytics #AI #Healthcare #DecisionMaking #BusinessIntelligence #ApolloHospitals #Testimonial #OperationalEfficiency #DataInsights #TechForGood #StrategicPlanning

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Exciting news for the future of critical care in India! Cloudphysician, a leading healthtech startup founded by Dileep Raman and Dhruv Joshi, has raised $10.5 million in a Series A funding round led by Peak XV Partners. This investment is a major boost for its mission to leverage AI for a comprehensive critical care network, aiming to significantly improve patient outcomes across India. Here's a breakdown of what this means for the healthcare landscape: 1. AI for Streamlined ICU Operations: Cloudphysician's "Smart-ICU" offering exemplifies the transforming power of AI within the healthcare landscape. This technology empowers hospitals to optimize ICU workflows, potentially leading to widespread improvements across ICUs. The promise lies in benefits like 24/7 doctor availability, enhanced nursing care quality, and standardized care protocols, all aiming to improve patient outcomes on a broader scale. 2. Expansion and Growth: The fresh capital will be used to fuel Cloudphysician's growth trajectory. They plan to enhance their AI platform (RADAR), strengthen their tech stack, and expand their footprint across India, with a focus on entering the US market as well. 3. A Promising Future for Healthcare: Cloudphysician's success story is an inspiration for aspiring healthcare entrepreneurs. Their innovative approach using AI exemplifies the transformative potential of technology to improve critical care delivery. This approach has the potential to make critical care more accessible and effective for a wider range of patients, shaping a brighter future for critical care across the landscape. This investment highlights the growing potential of the Indian healthtech sector, projected to reach a market value of $10.6 billion by 2025. Congratulations to Cloudphysician on this achievement! We're excited to see how they continue to revolutionize critical care in India and beyond. #healthcare #AI #criticalcare #healthtech #india #startup #innovation

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14th November – World Diabetes day The theme of World Diabetes Day 2024 is “Breaking barriers, Bridging Gaps” This theme emphasizes the importance of health systems to access diabetes management and ensuring that all people who are diagnosed with diabetes have access to equitable, comprehensive, affordable and quality treatment and care “Artificial Pancreas” - The latest medical advancement for monitoring and controlling diabetes (specifically for Type 1 diabetes and Type 2 diabetes who are insulin dependent.) is a testament to World Diabetes Day 2024 theme ! Artificial Pancreas is basically a deep tech medical gadget which consist of a closed loop physiochemical device comprising of CGM(continuous glucose monito), an insulin infusion pump and advanced feedback control algorithm for customised drug delivery. It is worth pondering. The article published in Time of India (TOI) related to Artificial Pancreas - http://toi.in/S5vN5a The recent stats shows that India accounts for 17% of World’s diabetes population and India is getting labelled as Diabetes capital of the world. The Lancet Diabetes & Endocrinology journal predicts that T1D cases in India will increase by 116% by 2040. This is alarming ! The stats warrants that advanced medical gadgets such as AP (Artificial Pancreas) should be affordable and accessible to insulin dependent diabetic people. There are a few European and American Medical Technology companies who have developed AP and these are available in India market. But the available AP are very expensive (On average one kit costs INR5-6 lacs) and cannot be afforded by a large mass. I am curious to know / get more information on following: 1) Which are the deeptech start-ups / companies based in India building such advanced medical gadgets ? 2) What should be the right pricing for AP in India market ? 3) Wondering whether embedded control system algorithms of Artificial Pancreas are leveraging predictive modelling, Machine learning and Artificial Intelligence to increase accuracy and efficiency ? Happy to hear from experts #deeptech #controlsystem #predictivemodelling #artificalpancreas #startups #startup #machinelearning #predictiveanalysis #advancedalgorithm

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Mumbai-based AI diagnostics startup, Qure.ai, has successfully raised $65 million in a Series D funding round led by Lightspeed Venture Partners and 360 ONE Asset Management. The round saw participation from new investors, including Merck & Co.’s Merck Global Health Innovation Fund and Kae Capital, alongside existing investors such as Novo Holdings, HealthQuad, and TEAMFund. The fresh capital will be utilized to accelerate Qure.AI’s expansion into the US and other international markets, further develop its generative AI foundation models, and pursue strategic acquisitions. Qure.AI, specializes in using artificial intelligence to detect and manage critical diseases. Its products are already in use at over 3,000 imaging sites in more than 90 countries and have received clearance from both US and European Union regulators. Qure.AI’s solutions are designed to enhance diagnostic accuracy and efficiency, often surpassing the capabilities of human radiologists and physicians in identifying conditions such as tuberculosis, lung cancer, and stroke. Founder: Prashant Warier Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #ai #startup #funding

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Andrew Ng’s AI Fund has made its first investment in India. Backing an AI Healthcare startup in Gurugram. Jivi Founded in 2023 by Ankur Jain (ex-Chief Product Officer at BharatPe) AND GV Sanjay Reddy (Chairman, Reddy Ventures) Jivi is using AI to transform healthcare delivery. 1) Diagnostics- AI-powered diagnoses and treatment suggestions. 2) Health Reports- Personalized reports from millions of medical journals. 3) Admin Efficiency- Automating tasks to free up healthcare professionals. Platform supports over 20 specialties. Partnering with 100+ Doctors and Hospitals to assist with. India’s AI market projected to hit $22 billion by 2027. Startups like Jivi play a major role in solving healthcare challenges through innovation.

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Eye care chains are turning to be pall bearers in healthcare service delivery industry in India. PE funded players grew by 46% ( median) YoY, along with profitability. And with current acquisitions spree, the next phase of scaling up is to penetrate the Tier -2/3 cities. #healthcareIndia #eyecarechains

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Cloud kitchen startup Curefoods (EatFit) has raised Rs 80 crore ($9.6 million) in debt from investors Binny Bansal and Jitender Kumar Bansal, marking its second fundraising round in six months. The loan agreement allows Curefoods to strengthen its operations and growth strategy as it prepares to raise an additional $40 million in a forthcoming Series D round, potentially elevating its valuation to $500 million. Founded in 2020, Curefoods operates popular brands such as EatFit and Yumlane, boasting over 100 kitchens across 15 cities. With a revenue of Rs 384 crore in FY23, it has quickly positioned itself as a leading player in the cloud kitchen market. #Curefoods #CloudKitchen #Fundraising #BinnyBansal #JitenderBansal #StartupFunding #FoodTech #InvestmentNews #CulinaryInnovation #GrowthStrategy #EatFit #Yumlane #SeriesDRound #KitchenExpansion #IndianStartups #RevenueGrowth

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🚀 Funding Announcement for DocPlix 🚀 Overview of the Company: DocPlix is a healthtech startup focused on creating a more efficient, transparent, and patient-centric healthcare system in India. The company was founded by a team of seasoned professionals: Dr. Varun Garg (Co-Founder & CEO): A dentist with over ten years of experience. Aayush Garg (Co-Founder & CTO): A B.Tech in CSE with over eight years of experience building and scaling tech for startups. Dr. Ajay Shukla (Co-Founder & CMO): An endocrinologist with a DM from SGPGI, Lucknow, and over eight years of experience in the field. DocPlix operates with a mission to digitize health records for 1.4 billion Indians, offering an ABDM-compliant Electronic Health Record (EHR) system that ensures secure and interoperable management of patient data. Its integrated Decision Support System (DSS) helps healthcare professionals make informed decisions through data analytics, while innovative visualization tools enhance patient care and clinic efficiency. Funding Details: DocPlix has successfully raised Rs 1.2 crore in a bridge funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm. This capital will be used for product development, AI integration, and market expansion. CEO Dr. Varun Garg stated, “Our goal is to become the leading EHR provider in India, leveraging advanced technologies like AI and data analytics to transform healthcare delivery. With a strong foundation and the support of IPV, we are poised to scale globally, starting with the USA, while continuously innovating to meet the evolving needs of healthcare professionals and patients.” Expansion Plans: The raised capital will enable DocPlix to enhance its EHR system by incorporating advanced AI capabilities to improve decision support and patient care. The company aims to expand its market reach, targeting bigger clinics and hospitals, and serving over 2,000 doctors in tier-2 and tier-3 cities to address healthcare needs in underserved areas. With a renewal rate of 93%, DocPlix plans to expand globally, starting with the USA in late 2024. Aspirants Space Encouragement: This significant funding boost will propel DocPlix’s expansion and innovation efforts. At Aspirants Space ( https://lnkd.in/gYkc-Ni8 ) , we are thrilled to witness such growth and encourage talented professionals to join DocPlix’s dynamic team. If you’re passionate about contributing to a high-growth company in the healthtech industry, consider bringing your skills to DocPlix and be part of their incredible journey. Source : https://lnkd.in/gTd8Rsed #AspirantsNews #Funding #Docplix #HealthTech #StartupGrowth #Investment #EHR #AI #HealthcareInnovation #IPV #IndianMarket

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🎈 Even Healthcare raises $20 Mn (approx Rs 169 Crore) After A Gap Of 20 months 🎈 ▶ Khosla Ventures led the round with Rs 83.4 crore or $10 million while Pathfinder and Mercury Fund invested Rs 21.3 crore and 26.9 crore, respectively. 8VC, Rainmatter by Zerodha, and others cumulatively injected the rest amount. ▶ According to insights from TheKredible, Even has been valued at approximately Rs 753 crore (roughly $91 million) following this allotment. The valuation reflects investor confidence and market optimism regarding the company’s sustainable growth trajectory in a sector characterized by rapid transformation and digital innovation. ▶ Launched by Mayank Banerjee, Matilde Giglio and Alessandro Davide Ialongo, Even offers subscription-based plans to cover diagnostics, consultations, and hospitalization costs of up to Rs 50 lakh. Even also provides personalised managed care programmes, supported by an intuitive card system that facilitates cashless transactions in partner hospitals and laboratories. 🔽 Read the article below (covered exclusively by Entrackr and contributed by Kunal Manchanda) to learn more! https://lnkd.in/e_GMqtxV #FlyHigh with #VentureVultures #IndiaPE #IndiaVC #Healthcare #DigitalHealth #PE #VC

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Cloud kitchen startup Curefoods (EatFit) has raised Rs 80 crore ($9.6 million) in debt from investors Binny Bansal and Jitender Kumar Bansal, marking its second fundraising round within six months. This infusion will bolster Curefoods’ growth strategy as the company prepares for an additional $40 million Series D round, potentially increasing its valuation to $500 million. Founded in 2020, Curefoods operates popular brands like EatFit and Yumlane, with over 100 kitchens across 15 cities. The startup recorded a Rs 384 crore revenue in FY23, establishing itself as a prominent player in India's growing cloud kitchen market. #Curefoods #CloudKitchen #Fundraising #BinnyBansal #JitenderBansal #StartupFunding #FoodTech #InvestmentNews #CulinaryInnovation #GrowthStrategy #EatFit #Yumlane #SeriesDRound #KitchenExpansion #IndianStartups #RevenueGrowth

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