Dissecting India’s Healthtech
India's healthtech startups were growing rapidly even before the pandemic, but Covid-19 has ushered in a new age. This series dives into the trends, startups business models emerging in the wake of Covid-19.
[playht_player width=”100%” height=”175″ voice=”Jessica”]Cartoonists find a way and a sense of humour even in times of crisis, or perhaps particularly so. Editorial cartoonist Satish Acharya recently sketched the state of India’s fight against Covid-19 and preparation in the form of lockdown. Well, as he rightly pointed out, the lockdown may have delayed the climb of cases, but India is still not clear of Covid-19, as many countries have become over the past month. With the third-highest number of Covid-19 cases in the world, Indian healthcare has been stretched to its limits by the pandemic.
Given the gravity of the situation, the Indian government has taken a host of healthcare policy initiatives which had been locked up in various drawers in the ministry of health and family welfare and ministry of electronics and information technology. This includes financial standing committee approval to National Digital Health Blueprint 2019, telemedicine guidelines approval and IRDAI’s order to insurers to extend insurance on tele-consultancy as well.
Efforts have also been made to seek greater support from private healthcare providers, especially healthtech startups. Startup India under the DPIIT started conducting webinars to offer strategic mentorship to healthtech startups, helping incubators go virtual. It also organised open challenges and offered funding to startups who wanted to offer innovative solutions against Covid-19 pandemic.
While a huge number of solutions have come up to help fight the hygiene battle, bring genetic testing data up to par with global standards and more, there are several startups that have flown under the radar as well. Inc42 has handpicked six such startups that have come to be unsung heroes in India’s fight against Covid-19.