Tag: Healthcare trends

  • Plum Bets Big on Digital Health with INR 200 Cr Investment

    Plum, an insurtech business based in Bengaluru, has allegedly committed INR 200 Cr ($23.3 Mn) for the next three to four years in order to develop into full-stack digital health services. The Tiger Global-backed business is launching Plum Health to provide working professionals throughout India with AI-powered health tracking, teleconsultations, and diagnostic services.

    The money will be used to hire clinical and engineering personnel, build IT infrastructure, scale collaborations, and launch go-to-market campaigns, according to a media report that quoted Plum’s cofounder and CEO, Abhishek Poddar.

    This investment will be heavily focused on technology. He went on to say that the financing will support the startup’s expansion strategy. Cash reserves and earnings from Plum’s main insurance operation will be used to fund it.

    Prayat Shah to Lead the Healthcare Vertical

    Prayat Shah, the founder of the healthtech startup Wellthy Therapeutics, is also joining Plum to head the healthcare division. Shah worked as a consultant for firms like KPMG and PwC Consulting before joining Wellthy Therapeutics about ten years ago.

    Plum is a B2B insurtech platform that works with startups and SMEs to offer insurance, healthcare, and well-being benefits to staff members. It was founded in 2019 by Poddar and Saurabh Arora. The Bengaluru-based business has developed algorithms for fraud detection and underwriting that let businesses take advantage of group insurance.

    Plum collaborates with companies including Zomato, Swiggy, SmallCase, WeWork, and others, according to the company’s website. According to Plum, it serves over 500K people and has over 4,000 customers overall.

    In total, Plum has raised $20.6 million since its founding. Among them are Sequoia Capital, Tracxn Labs, Incubate India, Tanglin Venture Partners, Incubate Fund, and Gemba Capital. It faces competition from companies like Onsurity, Nova Benefits, and Pazcare.

    Healthcare Sector Became a Lucrative Platform for Indian Startups

    The move coincides with a flurry of activity as several new businesses are putting their money on the expanding healthcare industry. For example, less than a month ago, Amazon India introduced Amazon Diagnostics, an at-home healthcare service.

    Additionally, the board approved PB Fintech, a prominent insurtech company, to merge PB Healthcare, its healthcare division. In May of this year, the vertical raised $218 million in its initial round of funding, which was headed by General Catalyst.

    To support their expansion aspirations, investors are swarming into the healthtech sector. According to recent data from a media house, the healthtech industry closed 29 agreements totalling $377 million in the first half of this year. While Dozee raised INR 71.5 Cr in a combination of financing and equity earlier in March, CureBay raised $21 million in May.

  • Amazon India Expands into Healthcare with Home Diagnostic Services in Six Cities

    On June 22, Amazon India announced that it is entering the diagnostics market with the launch of a new at-home diagnostics service that will allow customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app, completing the trinity of healthcare service offerings.

    Through Amazon Pharmacy, Amazon joined the online medication delivery market three years ago. It introduced nationwide virtual doctor consultation services through Amazon Clinic six months ago for more than a hundred different medical issues.

    By linking testing with doctor consultation and medication delivery—all of which can be accessed through the Amazon app—diagnostics closes the outpatient loop, Category Leader Jayaramakrishnan Balasubramanian told a media outlet.

    Amazon Diagnostics Partners with Orange Health Labs

    Amazon Diagnostics has formed a partnership with Orange Health Labs, a company that was established in 2020-21, to introduce testing services in six cities: Bengaluru, Delhi, Gurgaon, Noida, Mumbai, and Hyderabad. The testing services will be available in over 450 pin codes and will be operational from 6 a.m. to 9 p.m., seven days a week.

    The business asserts that although its diagnostic services are initially only available in a small number of PIN codes, its online medication delivery services are its fastest-growing offering and are available in the majority of PIN codes nationwide.

    For routine tests, customers can schedule among more than 800 diagnostic tests, receive digital findings in as little as six hours, and have samples collected at their doorstep in less than 60 minutes. According to Balasubramanian, Amazon Pharmacy offers both Prime and non-Prime members delivery advantages, a free telemedicine consultation service, and a large selection of prescription drugs and medical necessities.

    He went on to say that through a smooth online experience, Amazon Clinic allows users to contact qualified medical professionals for a variety of fundamental healthcare requirements. Lab testing is now included in the same continuum of treatment with the addition of diagnostics.

    Now that all three services are integrated, a complete stack health model on Amazon Medical offers a connected outpatient journey from consultation to testing through a single interface, according to Balasubramanian.

    The Segment has a Very High Potential

    Amazon Medical claims that the opportunity space is quite high, despite the presence of well-known healthcare companies like Practo in the online doctor consultation space and Tata-1MG and Pharmeasy in the online pharmacy market.

    The market is mainly fragmented, Balasubramanian told a media outlet. There are a number of well-established players, but how your ecosystem is constructed matters more than speed, he added.

    Regarding the amount of money invested in developing the whole stack of health services, including the pharmacy, clinic, and diagnostic verticals, Amazon Medical declined to say.

    According to Balasubramanian, even Tier two and tier three communities place a lot of orders with the pharmacy. The firm collaborates with several approved vendors who own more than 25 warehouses and authorised pharmacies. Amazon delivers the item to the buyer once the vendor ships it after the order is received.

  • AI’s Use In Everyday Life: Digital, Social & Healthcare Trends to Watch in 2025

    Will artificial intelligence revolutionise our world the way electricity did in the 20th century? Technology experts believe we’re standing at exactly such a pivotal moment. 2025 marks the year when AI transitions from an emerging technology to becoming as fundamental as smartphones in our daily lives. Groundbreaking AI innovations are already reshaping our reality. Smart algorithms are already assisting in making critical decisions, optimise business operations, and transform how we work, learn, and connect. The next wave of technological evolution promises even more – AI systems that don’t just assist but actively collaborate in decision-making across both professional and personal domains.

    This comprehensive guide unveils the transformative journey ahead. We’ll explore how these powerful technologies will change:

    • Daily routines and lifestyle patterns
    • Educational systems and career pathways
    • Healthcare delivery and patient care
    • Social dynamics and cultural norms

    Join us as we push through the opportunities and challenges of this AI-driven future, examining how society can make the most out of these innovations while preserving human values at their core.

    AI’s Transformation of Daily Life
    Reshaping Education and Career Development
    Healthcare and Wellbeing Revolution
    Social and Cultural Impact of AI

    AI’s Transformation of Daily Life

    Well, you can simply picture a world where artificial intelligence anticipates your needs before you do. That future is already here – 27% of Americans now interact with AI multiple times daily, marking a revolutionary shift in how we interact with our world in general.

    Personal AI assistants and home automation

    Smart homes of 2025 may represent a quantum leap beyond basic voice commands. These AI-powered environments can learn, adapt, and evolve with their inhabitants, creating seamlessly automated experiences. Modern AI assistants demonstrate unprecedented capabilities (to say the least). Here’s what they are already doing/on the verge of doing:

    • Intelligent environmental customisation based on individual preferences
    • Autonomous management of complex household schedules
    • Predictive resource planning and preparation
    • Unified control of interconnected smart systems

    How AI Voice Agents Work and Enhance Customer Interactions and Business Operations
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    AI in entertainment and social interaction

    Entertainment platforms are undergoing a radical metamorphosis, to sum things better. 90% of media companies have accelerated their AI investments, changing the way they go about content delivery and user engagement. Advanced algorithms now decode emotional nuances and contextual cues, enabling deeper digital connections. Yet this evolution prompts crucial questions about genuine human relationships in an AI-mediated world.

    Impact on work-life balance

    Traditional boundaries between professional and personal spheres continue to blur through AI automation. Recent surveys reveal that 38% of individuals express more concern than enthusiasm about increasing AI integration. However, many professionals do leverage AI’s potential to streamline tasks and enable flexible work arrangements. The challenge lies in maintaining healthy boundaries within this hyper-connected ecosystem.

    This technological revolution transcends mere convenience – it represents a fundamental reimagining of human routines and interactions. As these innovations evolve, they’re establishing a new paradigm where AI assistance becomes as essential as smartphones are in today’s world.

    Reshaping Education and Career Development

    Revolutionary changes are expected sweep through educational institutions and professional circles as artificial intelligence redefines traditional learning pathways. Market analysis reveals a striking forecast: AI will transform approximately 60% of jobs in advanced economies by 2025, creating a paradigm shift in career development.

    AI-powered personalised learning (It’s here already)

    Smart educational platforms shall shatter conventional teaching methods. Advanced AI algorithms would be on their way to decode individual learning patterns, crafting personalised educational journeys for each student. These sophisticated systems can deliver real-time feedback, dynamically adjust complexity levels, and optimise learning paths. The AI tutors of tomorrow shall promise round-the-clock guidance across challenging subjects, changing how knowledge transfers from concept to comprehension.


    How AI Personalizes Courses to Match Students’ Learning Preferences
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    Evolution of job markets and skills

    Dramatic workforce transformations are looming on the horizon. Research indicates nearly 85 million jobs face displacement by 2025, yet simultaneously heralds the creation of 97 million new positions. Success in this evolving scene demands mastery of essential human capabilities:

    • Strategic problem-solving and critical analysis
    • Advanced emotional intelligence and interpersonal influence
    • Innovation mindset and adaptability
    • Digital literacy and AI systems understanding

    New career opportunities in AI

    The technological revolution spawns unprecedented career paths across industries. Emerging roles – from AI ethics officers to machine learning architects – reshape professional landscapes daily. Organisations are increasingly seeking professionals who bridge the gap between technical mastery and human insight, creating dynamic opportunities for those ready to imbibe this tech-driven future. This transformation signals a decisive shift from traditional career trajectories toward innovative, AI-powered professional pathways.

    Use of AI in Past 12 Months
    Use of AI in Past 12 Months

    Healthcare and Wellbeing Revolution

    Breakthrough AI technologies shall herald a new era in medical care. Smart algorithms may change everything from diagnosis to treatment, promising healthcare solutions that seemed impossible just years ago. What does this mean for patient care in 2025? Prepare for a medical environment where personalised treatment becomes the norm, not the exception.

    Personalised medicine and treatment

    Revolutionary AI systems are expected to unlock unprecedented possibilities in medical treatment customisation. These sophisticated algorithms will process complex patient data – from genetic markers to lifestyle patterns – creating highly targeted treatment strategies. The results speak volumes: AI-based precision medicine is expected to boost chronic disease treatment effectiveness by 25% while slashing healthcare costs by 30%.

    Mental health applications

    Smart technology will transform mental healthcare delivery, democratising access to psychological support. Next-generation therapeutic platforms are expected to break down traditional barriers, offering personalised mental health solutions. Groundbreaking developments include:

    • Real-time mental health tracking via smartphone analytics
    • Advanced language processing for early psychological assessment
    • Round-the-clock AI therapeutic support systems
    • Behaviour-based treatment optimisation algorithms

    Preventive care and monitoring

    Smart monitoring systems shall revolutionise preventive healthcare through sophisticated early detection capabilities. These intelligent platforms will be able to identify potential health concerns before they escalate into serious conditions. Advanced AI-enabled devices continuously track vital signs and analyse health patterns, enabling early interventions that prevent up to 80% of acute events in chronic conditions.

    This technological revolution will mark a decisive shift from reactive to proactive healthcare. Tomorrow’s medical arena promises unprecedented efficiency, accessibility, and personalisation – transforming not just treatment approaches but the entire healthcare experience.


    Integrating AI for Sustainable Technological Growth in Healthcare Start-ups
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    Social and Cultural Impact of AI

    How profoundly will artificial intelligence reshape human connections and cultural foundations? The transformation appears staggering – by 2025, over 70% of social situations will feature AI-mediated communication, marking an unprecedented shift in human interaction patterns.

    Changes in human interaction and relationships

    Digital evolution redefines the essence of human connections. Digital companions are now permeating homes and workplaces, fundamentally altering social dynamics. This technological revolution catalyses remarkable changes:

    • Unprecedented global connectivity fostering cross-cultural dialogue
    • AI-enhanced communication reshaping personal and professional relationships
    • Revolutionary hybrid spaces blending physical and digital realms
    • Sophisticated AI companions offering novel forms of emotional support

    Cultural shifts and new social norms

    Cultural arena is undergoing seismic shifts as artificial intelligence weaves itself into society’s fabric. Traditional social protocols are evolving rapidly, giving birth to new digital etiquette and interaction paradigms. Tomorrow’s social sphere promises fluid integration between physical and virtual worlds, spawning innovative forms of cultural expression and community engagement.

    Ethical considerations and societal adaptation

    Profound ethical questions emerge as AI integrates deeper into social structures. Recent research reveals 65% of individuals harbour concerns about AI’s influence on human decision-making capabilities. This technological revolution demands careful understanding – balancing innovation with human agency, privacy with progress. Forward-thinking organisations and governments are now crafting comprehensive frameworks ensuring AI development aligns with cultural values and promotes inclusive social dynamics.

    Conclusion

    Technological revolutions reshape civilisations – and artificial intelligence stands poised to deliver perhaps the most profound transformation yet. What started as experimental technology is now powering healthcare decisions, drives career evolution, and redefines human connections. Smart algorithms are already changing daily routines while raising crucial questions about humanity’s path forward. Moreover,organisations face a pivotal challenge: using AI’s tremendous potential while preserving irreplaceable human elements. The coming years demand thoughtful utilisation of this technological evolution.

    Knowledge empowers adaptation in these changing times. We, at StartupTalky deliver comprehensive resources about emerging AI trends and tools through our digital platforms. Our Instagram handle offers you real-time insights into breakthrough developments across the startup and technology ecosystem. Tomorrow’s leaders must master both technological prowess and human insight. The future belongs not to those who simply adopt AI, but to those who strategically integrate it while championing human creativity, emotional intelligence, and ethical decision-making. This balanced approach promises a future where technology amplifies rather than diminishes human potential.


    Ethical Considerations of AI: Addressing Key Concerns
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    FAQs

    How is AI already being used in our digital lives?

    AI powers many digital tools we use daily. This includes personalized recommendations on streaming services, spam filters in email, voice assistants like Siri and Alexa, and even targeted advertising.

    Will AI completely transform our lives by 2025?

    While AI is rapidly evolving, a complete transformation is unlikely by 2025. However, we can expect significant advancements and wider adoption of AI in many aspects of our lives.