“At Glamyo health, we are reimagining India’s secondary care surgeries landscape. We founded this company with the sole aim of solving Indian Patients the triad of – Access, Affordability, and Quality. Despite the third covid waves, in the short span of 24 months, we provided free medical counseling to more than 4,00,000 patients with an NPS of 70. We intend to disburse healthcare financing worth INR 100 Cr through our fintech partners over the next 12 months. Our mission is to make high-quality, affordable secondary surgical care accessible to all,”.– said Dr.Preet Pal Thakur, Co-founder of Glamyo Health.
“We have ended the year on a Happy Note. In the previous 12 months, we have grown more than 4x in revenue and number of patients catered to. In the coming year, we aim to reach a milestone of 30+ Cities, create a chain of 1000 + Surgical centers and touch the lives of 1,00,000+ patients over the next 12 months. — said Mr.Archit Garg, Co-founder of Glamyo Health.
Crypto-Friendly Neo Bank: Cashaa
Analytical views on 2022: This year, we entered the winter season regarding cryptocurrencies, as the high-profile collapses of Terra/Luna and FTX sent shockwaves across the industry and liquidated more than $2 trillion from the total crypto market cap all-time high from November 2021. While this event came throughout the year, some investors stepped back and declared that they were done with crypto, while others knew that these fluctuations were normal and were looking forward to the next year and preparing their investments.
For the third year in a row following the Covid-19 pandemic, we have witnessed an increase in demand for anxiety and depression treatment, as well as treatment for trauma and stressor-related disorders and substance misuse disorders. Subsequently, due to the increasing mental health awareness, mental telehealth services augmented access to individuals who would otherwise be unable to receive treatment. Even more intriguing is that younger generations, those between the ages of 16 and 30, are becoming more informed of the necessity to keep up with mental health issues and are seeking ways to combat them for themselves and their loved ones. For 2023, the mental health apps market is expected to grow further as they have demonstrated the ability to manage patients’ medications, reduce stress, monitor symptoms of disorders and prevent the onset of serious issues.– said Mr. Krishna Veer Singh, Co-Founder, Lissun.
Post-pandemic, there has been a major shift in the attitude of people and the government toward healthcare. People have now adapted to a more conscious lifestyle. Additionally, the government has been proactive in strengthening the healthcare framework in the country by launching schemes like Ayushman Bharat, Aam Aadmi Bima Yojna, etc. However, still, there is a lot of work to be done to ensure that everyone receives quality healthcare in the country, and it is a long way to go. The government needs to spread awareness so that people can reap the benefits of the schemes being made available, and more insurance coverage should be provided to people belonging to the low-income class. It demands collective efforts from all ends to fill in the existing gaps in the healthcare system in India. The new-age healthcare startups will also play a major role in ensuring that India has a proper healthcare infrastructure that caters to all individuals’ needs..– said Dr Ajay Sharma, Chief Medical Director, Eye-Q.
We Founder Circle
2022 has seen the trend shift from growth at all costs to more sustainable growth. Both startup founders & investors have become cautious of high cash burn and have started focusing more on cost reducing & bringing visibility of profitability or at least making businesses unit economics right.
We are looking at many course corrections in terms of team restructuring, bridge fundraising, founders cutting their own salary cuts, removing perks & focusing on core business rather than trying multiple side products. And this trend will continue in 2023 also.
There’s no denying that funding has been slow for start-ups, especially at the growth stage, but funding as a whole will not stop. In fact, those startups prioritizing profitability are getting center stage & are hot favorites among investors.