Tag: healthcare

All The Jobs That Will Be Automated By 2022
Automation and its effects on jobs will wipe out millions of job opportunities, and it is now creating hype among the generation. A threat of losing careers. Is this a real threat? If the answer is yes, then why it is introducing between us? No doubt, AI and automation promote programming, coding, content writing, website designer, data scientist, data analytics, and millions of job opportunities that were not there before the initiation of AI and automation.

Millions of jobs will lose their existence after the improvement in automation and AI.

List of jobs that will be automated by 2022
Conclusion
FAQs

Jobs that will be automated

List of jobs that will be automated by 2022

Cashier

Cashier- Jobs That Will Be Automated

In malls, supermarkets, and movie halls, cashiers are very commonly spotted. If we closely consider this job post, then no doubt this will no longer exist. The technology has already developed, in which a shop is running without a cashier.

Amazon has launched a retail store named ‘Amazon Go’. The whole store is automated. In which the customer needs to show ‘custom code’ before entering the store. Once you get access, you can buy anything from the store. The moment you step out of the store, the purchase amount will automatically be deducted from your bank account. Customers hate waiting; to make the process faster and to increase sales, companies around the world can implement this AI and sensor-based technique.

Telemarketers

This is a job in which telemarketers call costumes and explain their products to generate sales. You will hardly buy any product from a call. Companies stop investing in telemarketing.

The job post will be entirely replaced by digital marketing and social media. The automated algorithm introspects your product needs, and accordingly, products will be displayed to you. Amazon, Flipkart, Facebook, and Google, like big names, are already using this algorithm. You might have noticed that if you search for a laptop on Amazon, you will see the ads of laptops everywhere on Google or YouTube. This grand technology replaced telemarketers.

Drivers

Self-driving cars, AI driving technology have already arrived. Keeping road safety in mind, companies are now planning to launch an auto-drive system. This will reduce driver negligence, and traffic rules will be followed.

The Tesla company of Elon Musk has already launched self-driving cars. Still, technology needs more advancement. But road accidents are one of the biggest causes of death case producers. Considering this, a complete auto-driving system is not so far. Many companies will also benefit from automation. Mainly the taxi agencies will no longer use drivers; a one-time investment in cars will be enough.

Future Technologies will Perform 90% of Household Chores

The future is going to be automated with these future technologies that will prevent you from doing household chores. A scenario where robots replacing humans.

StartupTalkyVarad Kitey

Travel Agents

Travel agents help you to find your best travel or trip plans and book tickets for you. Do you remember when you last consulted with a travel agent for your trip Maybe you don’t remember, but still, some travel agents are there? These jobs will be replaced entirely. Software and websites like MakeMyTrip, IRCTC is handling your travel plans. You can decide the travel location, book tickets and at more discounts.

The course of the middle man has vanished. Travel Agents are also charged separately for their booking. At an affordable price, you can book your travel plans. This is the reason this job post will vanish within a year by 2022.

Banking Jobs

Past was the time; even to check your bank account balance, you needed to visit the bank. Now the bank is ultimately shifting towards online mode. Banking is very complex management, and everything needs correct prosecution. Along with this, the bank is always crowded with people.

To make the work smoother, banks are now adopting online mode. A bank teller specifically receives money, gives, and the transaction process is mainly done by online mode. It is still there, but it will vanish soon. Banks are now using their apps and websites to control everything. As the world is stepping towards a cashless economy, it will happen for sure.

The banking sector came up with blockchain technology in which transaction records errors have no chance of occurring. Blockchain technology is now coming into the limelight; by 2022, it may enter most banking sectors.

Librarian

Again technology is the king here. AI and software can handle and analyze massive databases. Not only is the process quick but also efficient too. The work of a librarian can be handled by AI easily. Remembering the data of books, managing them, and providing them according to their needs, can be done efficiently by AI. Some libraries are now switched to AI control. Even the whole library is available in online mode.

The popularity of ebooks is the crucial game-changer here. The arrival of the Amazon Kindle made the real difference. It not only provides the required books we can even manage and carry them all with us. The role of a librarian is now fading away.

Listnr: Review, Features and Pricing

Convert any text or blog into podcasts or audiobooks using powerful AI tools.

StartupTalkyDev Kumar Padhy

Editors & Proofreaders

Almost all content writers, editors & proofreaders are aware of Grammarly. With every day passing by, apps and software such as Grammarly are improving their features better. From basic grammatical errors to tonality changes, these AI-driven apps and software have gained the potential to improve every piece of writing. They can detect the simplest of errors and remove them in few minutes. Thus, the editors & proofreaders no longer need to spend hours proofreading content. Thus, their jobs are also at stake.

Doctors

With robotic doctors crawling in the medical field, the chances of accuracy increase significantly. With accuracy in treatments, the risks of infections due to human interference also decreases. Today, we have apps and virtual assistants to assist us in basic health care needs. But, the day when robot doctors would be curing us is no far.

Receptionists

With auto check-ins paving their paths in hotels and communication screens becoming the new medium of placing orders at restaurants, receptionists & waiters will be in less demand. The advancement in AI can skillfully manage orders and all the other functions.

Customer Service Executive

This job of a customer service executive doesn’t require either a higher level of social or emotional intelligence for performing the assigned task. Mostly customer support questions or FAQs are used as a response by most of the companies to look over its overall performance.

And in today’s world, Chatbots are taking over such responses from customer support as testimonials to be used. These chatbots are helping a lot in gett queries done and accomplish interaction with customers.

Conclusion

Jobs in this list will increase gradually with the advancement of AI and software algorithms. Although the motive of advancement is to increase productivity and efficiency in the process, this advancement is also damaging the livelihood of millions of employees.

With the increase in population, it is a very alarming situation of creating employment. Apart from all these, some jobs are there which will remain safe from the involvement of AI. But over-involvement in anything can lead to destruction. The government bodies should think about the employment sector and build an AI to search for the maximum job possibilities out of something.

FAQs

What jobs will become automated?

Jobs that will be automated in future are:
- Cashier
- Telemarketers
- Drivers
- Travel Agents
- Banking Jobs
- Librarian
- Editors & Proofreaders
- Doctors
- Receptionists
- Customer Service Executive
How many jobs could be automated?

It is estimated that automation will replace about 85 million jobs by 2025.
September 10, 2021
Nick Jonas Brand Endorsement | List of Brands Endorsed by Nick Jonas
Using celebrities as endorsements has always been a fantastic idea for any company. The entire appearance of an ambassador is to clearly draw customer attention, which is why firms are increasingly using celebrity brand ambassadors to promote their business. Incorporating a well-known superstar into a business increases the likelihood of it being purchased. Celebs are well-known and influential, with a large following, so it’s understandable that advertisers would gain from employing them to connect with their target demographic.

Hiring celebrities enhances the credibility of the business. By selecting and promoting the correct celebrities and endorsements for their services, businesses get more legitimacy. Celebrities are unquestionably skilled at marketing, and they have simple access to a large group. These are people who enjoy taking images and have them published in publications, blogs, social media, and other places. As a result, using a well-known celebrity to promote your brand will have a huge impact on your target demographic and beyond.

Celebrity power can help sell more things, especially when the star is the youngest Jonas Brother, Nick Jonas. A business can benefit greatly by making Nick Jonas the face of their ad campaign. Having Nick Jonas endorse a brand could be a good idea because it will give the brand maximum attention from his large audience and fan following. Nick Jonas is a well-known singer, songwriter, and actor from the United States. He has a large fan base, particularly among young people. Businesses would love to take advantage of his influence and hire him as the face of the brand.

Nick Jonas has been a part of many advertisements like Bayer, Diet Coke, Dexcom and many other brands. His massive audience is perfect for the businesses to advertise their products and services. The well-known benefit of celebrity endorsement is that it makes the advertisement more memorable, and fans remember it because their favorite celebrity is in it. Any company that works with Nick Jonas knows that the ad will generate a lot of talk among his followers and will be a wonderful marketing opportunity.

Following are the brands that were endorsed by Nick Jonas :-

Brands endorsed by Nick Jonas
Conclusion
FAQs

List of All the Startups Funded by Priyanka Chopra

Apart from being one of the finest actresses, Priyank Chopra is also an investor. These are all the startups funded by Priyanka Chopra.

StartupTalkyAlan Joseph

Bayer Diabetes Care

Nick Jonas endorsed brand- Bayer Diabetes Care

Bayer Diabetes Care is a division of Bayer, a multinational corporation focused on health care, diet, and high-tech products. Bayer Diabetes Care is a division of Bayer HealthCare, which offers treatments and diagnostics for a wide range of illnesses. Bayer Diabetes Care has been actively involved in improving diabetes wellness and testing since 1941, when it developed the first practical glucose in urine test.

By partnering with Bayer Diabetes Care to give young people and their families the support and encouragement they need to help simplify life with diabetes, Nick Jonas, the youngest member of the Jonas Brothers, has developed his responsibility as a diabetes spokesperson.

Nick, who was diagnosed with type 1 diabetes at the age of 13, is proud to share his personal experience because he understands that many young sufferers feel lonely and ashamed. Nick believes it’s critical to share what he’s experienced and what has worked for him with those who might be experiencing similar feelings.

Bayer and Nick both want to help people with diabetes simplify their lives by attaining “Simple Wins,” which are little, everyday successes that add up to major differences over time. A Simple Win for Nick is encouraging other children with diabetes to believe that they can achieve their goals and to have a positive outlook.

Lists of Brands Endorsed by Leonardo DiCaprio

Leonardo DiCaprio is a Oscar winning Hollywood actor who has worked in movies like Titanic and Wolf of Wall Street. Here are Brands endorsed by Leonardo DiCaprio.

StartupTalkyPV Vyshnavi

Creative Recreation

Nick Jonas endorsed brand- Creative Recreation

Creative Recreation is a shoe company based in Los Angeles. It collaborated with Nick Jonas to create a capsule collection of footwear. Nick and the company came up with a six-piece collection of low-top and high-top sneakers. Nick Jonas was hired to serve as a brand ambassador for the Creative Recreation and also advertise his new collection with the company.

Nick’s massive fan base and social media reach were known to aid the brand and their new collection became a huge success. When it comes to celebrity sponsorships like this, there are always insane benefits.

Nick Jonas also recorded some acoustic tracks at the Creative Recreation Sole Sessions and it was also a big part of the advertisement and marketing for the new line. Fans also had the chance to win many contests organized by the company and the winner got to meet Nick Jonas. The strategy worked as it got the fans all excited for the launch.

Nick Jonas Creative Recreation

Dexcom

Nick Jonas endorsed brand- Dexcom

Dexcom, Inc. is a company that develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management. It operates internationally with headquarters in San Diego, California. The company joined with Nick Jonas to launch a global campaign called “Time In Range”. The campaign’s purpose was to raise diabetes awareness and emphasize the necessity of TIR, particularly among diabetic patients.

Nick Jonas is the ideal spokesperson for the campaign because he has type 1 diabetes and adheres to TIR and regular blood sugar checks. It was intended to raise awareness among diabetics about the benefits of using enhanced CGM technology instead of painful needle pricking to monitor their blood sugar levels.

Dexcom also played an advertisement for the campaign during Super Bowl LV on Feb. 7, 2021. It featured Nick Jonas and was intended for people with diabetes who are still using old-fashioned methods. The ad showed how technology has changed over the years and how much more advanced and reliable CGM is.

Nick Jonas endorsed brands Dexcom

Diet Coke

Nick Jonas endorsed brand- Diet Coke

Diet Coke is a sugar-free version of coca cola with artificial sweeteners instead of sugar, which makes it calorie-free. It is mainly consumed by people who are calorie conscious or consume limited sugar. It was first launched in the United States of America on July 8, 1982. Diet coke used to have aspartame for sweetener. The sweetener combination, according to the corporation, is tailored to each country’s regulations and consumer preferences.

Nick Jonas is a Diet Coke endorser who has promoted the brand extensively through his music and interviews. A popular personality like Nick Jonas is a great asset the company wants to advertise its product and make it even more popular among his young fans. Nick is a diabetic so it explains why he likes sugar free coke and advertises it to his fans.

Conclusion

Nick Jonas has a long list of achievements to his name. He began alongside his siblings but has since established himself as a solo performer, songwriter, and actor. Nick Jonas is well-known for exclusively endorsing ventures that he believes in. As a result, he has a large number of devoted followers who look up to him. He has the power and popularity to entice brands to collaborate with him. It’s a terrific way to get the word out to a large number of Nick Jonas fans.

FAQs

Is celebrity endorsement good or bad?

A celebrity endorsement can give a brand a lift and increase its exposure. However, it can sometimes lead to a slew of difficulties. The brand’s reputation can be tarnished by a celebrity’s bad behavior.

Is Nick Jonas Diabetic?

The singer announced in 2007 that he has type 1 diabetes.

What is the Nick Jonas net worth?

In 2021, Nick Jonas is estimated to have a net worth of $50 million.
August 17, 2021

3Hcare – Find the Best Healthcare Services In India

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by 3Hcare.

Diagnostics tests are done to find if a person has a certain disease. An accurate diagnostic test is important to avoid trial and error in treatment. 3Hcare, a Delhi-based healthcare startup is here to ensure that your diagnostics are done safely and conveniently. It provides different health packages, 3Hcare Thyrocare Aarogyam being the most popular one. Read this article to know more about a healthcare startup in India, 3Hcare and its success story.

3Hcare – Company Highlights

Startup Name	3Hcare
Headquarters	Delhi
Founders	CA (Dr.) Ruchi Gupta, Dr. Ravinder Pal Singh Malhotra & Dr. Gurdeep Singh Ratra
Sector	Healthcare
Founded	September 2016
Funding	$1.1 Million
Parent Organization	3Hcare.in

About 3Hcare
3Hcare – Healthcare Industry Details
3Hcare – Founders of 3Hcare and Team
3Hcare – How was 3Hcare Started?
3Hcare – Name and Logo
3Hcare – What is 3Hcare?
3Hcare – USP and Innovation
3Hcare – Revenue Model
3Hcare – Funding and Investors
3Hcare – User Acquisition
3Hcare – Startup Challenges
3Hcare – Future Plans
3Hcare – FAQs

About 3Hcare

3Hcare is a Delhi-based startup operating in the healthcare sector. 3Hcare is an online marketplace for healthcare services. It provides detailed information on healthcare services provided by PAN India. A user can simply log on to 3Hcare’s website and find nearby diagnostics and hospitals as per their requirements.

Our mission is to assist in getting quality health services and facilities for the community, to promote wellness, to relieve suffering and to restore health as swiftly, safely and humanely as it can be done, consistent with the best service we can give at the highest value for all concerned. – Ruchi Gupta (Founder of 3Hcare)

3Hcare – Healthcare Industry Details

According to the Indian Diagnostic Services Market Outlook 2020, the diagnostic services market will be growing at 27.5% for the next 5 years. The market has reached INR 860 Billion in revenues by the end of 2020. Some of the major causes for this fast-growth are increasing health consciousness, an increase in the number of people having insurance cover, improving healthcare services, etc. Covid-19 is also one of the major reasons for the borne of the healthcare industry. The Novel Coronavirus has not only hit the nations mentally but also economically, especially the healthcare industry.

The healthcare market is expected to reach $372 billion by 2022.

Founders of 3Hcare and Team

CA (Dr.) Ruchi Gupta, Dr. Ravinder Pal Singh Malhotra and Dr. Gurdeep Singh Ratra are the founders of 3Hcare.

Ruchi Gupta is a doctorate in Risk Management and a fellow member of The Institute of Chartered Accountants of India. She pursued her MBA from GGSIP University and Bachelor’s degree in Commerce from SRCC, University of Delhi. She is a prolific educationist, qualified UGC NET-JRF having a decade-long experience in mentoring management students for the corporate world in the field of applied Finance & Business Management. She also has extensive experience in reviewing and writing subject-specific books in finance & management. Her numerous papers have been published & presented in renowned journals and conferences. She is a member of the panel of authors in the Central Board Of Secondary Education (CBSE).

Exclusive Interview of 3Hcare’s Founder Dr. Ruchi Gupta

Dr. Ravinder Pal Singh Malhotra is an MBBS, MS (General Surgery, MAMC, Delhi) and M.Ch. (GI & HPB Surgery and Advanced Laparoscopic Surgery, GB Pant Hospital, Delhi). He did his fellowship in Liver & Multi Visceral Transplant at Sir Ganga Ram Hospital, New Delhi. He worked as an online CME Observer at John Hopkins Hospital, USA and Chairperson in Harvard Accredited CME’s for GI Surgery. He has around 13 years of experience in Liver Transplant, HPB & GI surgery in India with exceptional donor and recipient surgery safety records. Ravinder has been a part of more than 700 live-donor-related liver transplants, 500 pancreatic surgeries, 2000 liver surgeries, 500 gall bladder cancer resections and has vast experience in other GI surgeries.

Dr. Gurdeep Singh Ratra is an MBBS, M.S. (Orthopaedics) and M.Ch. (Orthopaedics). He did his fellowship in Joint Replacement (Endoklinik, Germany) and Joint Replacement and Sports Medicine (AKH Hospital, Vienna, Austria). Dr. Gurdeep has clinical experience of more than 13 years in the field of Orthopaedics. He has a special interest in joint replacement and deformity correction. He is passionate about the Ilizarov technique and limb-lengthening procedures.

The other core members of the team are–

Mr. Ankush Mehra, who is the director of 3Hcare. Ankush is a Post Graduate in Commerce and MBA. Ankush is a prolific supply chain specialist and a startup man with 22 years of experience, known for creating and managing highly responsive yet cost-effective and efficient solutions. He worked with corporates like Honda Siel Cars India Pvt. Ltd., Samsung Electronics India Information & Telecommunications Ltd., Metro Cash & Carry, Reliance Hypermarkets & LimeRoad.

Mr. Sumit Gupta is an IT manager at 3Hcare. He did his MCA from Guru Gobind Singh Indraprastha University. He is an expert at C#.net and VB.net languages, with extensive experience in working on databases like SQL SERVER, MYSQL, ORACLE. His functional domain encompasses operating systems like Windows 8, Windows 7 and Windows Server 2012. He is proficient in scripting using HTML, ASP.net, Javascript, and Jquery. He has over 8 years of experience with a number of projects for Indian as well as international clients.

The founders decided to divide the team into three departments – one to focus on the medical field, one on the marketing and the other in the technical domain. Initially, the startup was functional with only 10 members including founders. But with the growing response from the public, the team had managed to expand over 50 members within less than 6 months.

3Hcare – How was 3Hcare Started?

Ruchi had never planned to become an entrepreneur. She pursued her MBA along with CA and is also a Ph.D. scholar. Inherited the interest in teaching from her parents, she also wanted to become a lecturer. In pursuit of her dreams, she became a mentor to management students and worked as a lecturer in a college in Delhi for many years.

She noticed many complications that the common public faces while getting a diagnosis in hospitals and other test centers, one incident that especially left her wanting to make a difference was the difficulty faced by a relative in finding a good hospital and diagnostic services during the time of emergency.

Ruchi’s relative was suffering from dengue and needed immediate admission, wherein the hospitals denied admitting him due to overcrowded. She was not in a position to wander around to different hospitals in search of bed availability. But giving reference to a known doctor, the patient was immediately admitted. The problems did not end, soon the admin staff asked her to get the patient tested for platelets, due to lack of facilities during that time. This was another challenge for her to track and locate a diagnostic lab that can provide the test results immediately for further treatment. In the end, only her reference helped the patient with regular tests and treatment. This incident came as a wake-up call for Ruchi and the idea of starting 3Hcare was formed.

However, to practically execute the idea, she still had many hurdles to cross. She wanted to create an online portal by tying up with various labs to make all the tests available to the patients with ease and transparency. To develop a team, she actually shared the idea with more than 300 people and at last, found 4 reliable sources who were convinced with her idea – Dr. Gurdeep Singh Ratra, Mr. Ankush Mehra, Mr. Sumit Gupta and Dr. Ravinder Pal Singh. And finally, with the initiative of the co-founders, 3Hcare was started in September 2016.

3Hcare – Name and Logo

The 3H stands for – Help, Health, and Happiness.

Our aim is to help the common masses to bridge the gap between healthcare services and patients .

3Hcare Logo

3Hcare – What is 3Hcare?

3Hcare is an online marketplace for health services. They provide several featured tests and packages. 3Hcare Thyrocare Aarogyam provides Aarogyam profile packages and preventive health checkup packages. The services currently provided by the company are –

Diagnostics – With over 1500 labs and 350 test centers (NABL accredited) to choose from over 50+ locations throughout India, this vertical provides ease for every patient to search, compare & book online lab tests with the value addition at discounted rates.
Plan My Surgery – One of the essential innovations rendered by the online portal includes Plan My Surgery vertical. An innovation by which the patient can plan their surgeries with the best surgeons at the viable cost & schedule. Moreover, a price comparison is available and the patient is also able to seek time availability and appointment with the best in class doctors and hospitals.

3Hcare – USP and Innovation

Some of the USPs of 3Hcare are–

Free sample collection.
Option to choose among the best labs in the patients’ preferred locations.
Price transparency.
Attractive discounts and offers on services.
Under Plan My Surgery, 3Hcare makes all information available such as expenses required for surgery, doctors available and the accreditation of the hospital. All this information is available online, which makes it easier for patients to make informed decisions.

3Hcare – Revenue Model

3Hcare’s revenue model is simple. As its services are free for the patients, it charges only support fees from centers and hospitals.

3Hcare – Funding and Investors

3Hcare has raised a total of $1.1 Million in 2 rounds of funding. Its funding details are as follows:

Funding Date	Funding Stage	Funding Amount	Investors
September 2017	Angel round	$100K	Angel Investors
August 2018	Venture round	$1 Million	–

3Hcare received an angel funding of $100K, just within 11 months of its inception. The funds were used to develop the IT infrastructure and enhance the other verticals. Recently 3Hcare also raised a second round of funding of $1 million.

3Hcare – User Acquisition

For 3Hcare, the main focus was to provide the best of services to the public. Word of mouth publicity is something that the healthcare startup focused on acquiring new users. Price transparency and discounted prices/offers have also attracted new customers.

Further, to add to the CSR activities, and spread awareness about the importance of timely diagnosis, the team organizes regular free health checkup camps at various locations like rural areas, slums and villages across India.

The main focus was to deliver the best services to the public. If the services are provided with the best class quality, the word of mouth power by the patients/persons seeking the services are the best reference publicity.

3Hcare – Startup Challenges

In the initial months when the website was under construction, it was a huge challenge for the 3Hcare team to convince tying up with diagnostic centers. Still, they managed to bring around 180 centers. Today the portal is ready with over 1000 test centers (PAN India) to choose from with further verticals yet to be added.

According to Ruchi, apart from developing a reliable team, the other major challenge was to self-check for quality labs before getting associated with them. The task was tedious to completely check each and every lab initially for quality, report accuracy and accreditation.

While the further expansion of 3Hcare’s other vertical – Plan My Surgery, rendering comparative quotes, providing real-time data of bed and doctors availability was initially a challenge.

With the progression of data management in our cloud, synchronization helped to overcome the herculean task. Our main aim was to develop the IT infrastructure and strengthen it with the application of artificial intelligence and machine learning.

3Hcare – Future Plans

3Hcare has established itself as a trusted name among its niche customer base. In terms of patients, booking tests through 3hcare.in have increased 10 folds in the past 2-3 months, and the same is the case with revenue.

3Hcare currently has 400+ diagnostic partners and 40+ hospital partners.

The company’s future plans are-

Launch Diagnostic Centre vertical of 3Hcare with the initiation of website functional throughout the world (with an aim to boost medical tourism in the upcoming years).
Launch all verticals along with Mobile applications on a PAN India basis.
International Tie-ups for the second opinion.
Opening of Branches and regional offices.
Covering PAN India and start of Medical Tourism Services.
Adding new Healthcare and wellness verticals like Yoga, Homeopathy, Ayurvedic and fitness centers.
Starting “Manage My Health” vertical.
To open offline labs throughout the tier 3 and tier 4 cities in India to encourage patients to get timely tests.
Become the Leading Marketplace in India’s Healthcare sector by 2022.

Our team has already commenced the opening of offline labs by the name of ‘3Hcare Labs’ in the rural areas. Presently, we have targeted to cover the western UP and Eastern Haryana belt where most backward villages are still devoid of diagnostic centers (that has only sample collection centers, report generation takes 2-3 days there).

3Hcare – FAQs

Does 3Hcare provide Healthcare services?

No, 3Hcare provides details about healthcare services available pan India along with the specialization they have. Users need to register and choose as per their needs.

How much is the registration fee to use 3Hcare?

3Hcare registration fee is free. After registration, customers can avail themselves of the benefits provided by 3Hcare.

How is 3Hcare review?

3Hcare has average to good ratings. It is quite safe to trust and use 3Hcare.

Who is the 3Hcare founder?

CA (Dr.) Ruchi Gupta, Dr. Ravinder Pal Singh Malhotra & Dr. Gurdeep Singh Ratra are the three founders of 3Hcare.

How much is 3Hcare funding?

3Hcare has around $1.1 Million of funding.

Who are the competitors of 3Hcare?

DocPrime, Zoylo, Renew Health and Spreemo are the top competitors of 3Hcare.

July 14, 2021

Best Healthcare Business Ideas Tips You Will Read This Year
Are you looking for the best business ideas for the healthcare industry? It is one of the continuing growing industry. You can start your business whether you are medical professionals or having an interest in the healthcare industry. It has a lot of opportunities to start a healthcare business. Some healthcare business needs a medical certificate while some needs only specialize training certificate. It also plays a key role in the economy of a country. We will discuss the top 10 business ideas that you can start your business in this field.

Best Business Ideas For Healthcare
Best Business Ideas For Healthcare

Medical Transcription Services

Medical Transcription Services

Medical Transcription Services offers the transcription of audio files recorder or depicted by doctors, medical practitioners, or any other healthcare staff into a text document of patient’s records. There is voice-to-text technology available but it still having errors so you can offer not only transcription services but also review and correct voice-to-text files. It is one of the best business ideas to start and work from or digitally as you offer transcription electronically.

Retail Medical Shop

Business Ideas in Pharma

It is one of the simplest and easiest ways to innovate business ideas in a pharma or medical store. To run a medical business you have to follow the Regulations of Retail Pharmacy Business. As medicine is in daily demand so it is continuing growing business. You can also keep a stock of daily essential products like lotions and other things. The investment is also very less in this business but tries to find a place near the hospitals or nursing homes as more demand in those places.

Home Medical Services

It has a wide range of health care service that is given in your home for small injuries and illness. It is very helpful for elder age people, post-pregnancy problems. Also, you can include a simple doctor’s consultation and take care of extended bed rest patients. You can work as the assistance of someone who needs to manage a healthy lifestyle. You can also start a medical supply delivery business. You need to be a registered nurse to offer in-home medical services.

Healthcare Mobile Apps

Everyone is going to busy day-by-day and no one wants to stand in line to get an appointment with doctors and also not able to call the doctors to get an appointment with them. By developing a healthcare app or mobile medical screening business with features of booking doctor’s appointments, ordering medicines, and also scheduling vaccinations. It can do all the activities without visiting the doctor’s office or queuing for long hours waiting for their turn. You can also add a feature that gives all the information about the disease, medicine reminders, and virtually connected with doctors.

This is How Machine Learning is Revolutionizing the Healthcare Industry

What if I tell you that in near future surgeries will be performed by Machines.Yes, machine learning has advanced rapidly that in near future it will bepossible to perform medical surgeries with minimum or no interventions by aPhysician. Machine learning is widely used in healthcare industry in …

StartupTalkyArbaz Sayed

Healthcare Websites

The number of health-conscious people increasing day by day. More and more people searching for quick tips to stay healthy. You can create a healthcare website to provide healthcare information and advice. You can include YouTube videos, blog posts, info-graphics, videos, tutorials, etc. to create the content of healthcare information.

Physical Therapy Center

It is one of the best healthcare business ideas in India. It does not require any certification but you can hire certified therapists to provide service. After an injury physical therapy reduces the pain and gains the motion and strength of the body. You can also get education and training to open your own private therapy center. By having professional therapists they provide patients to perform day to day activities such as feeding, dressing, etc.

Diabetes Care Center

Diabetes is growing day-by-day continuously. It is one of the best healthcare businesses where diabetic patients provided dialysis, nutrition counseling, and other medical services. It also helps to improve the quality of life of diabetic patients. You can also provide preventive help such as teaching healthy or support groups of the diabetic.

Gym or Fitness Center

best fitness business ideas

Many youngsters and especially peoples in metro cities become more conscious about their health. So starting a gym or fitness center is one of the best fitness business ideas in the healthcare sector. Gyms or fitness centers are equipped with many exercise equipment to use in the workout and also booming in the minds of youngsters. The investment is based on the service that you are going to provide and make sure you are doing suitable research before you start.

Medical Record Management

You can start your business as a Medical Record Management service for hospitals, clinics, doctor’s offices to manage their medical records. You can implement your best record management system, provide training to their staff about how to use their system. It is one of the best profitable businesses in the healthcare sector as many hospitals outsource their record management system as they don’t want to dedicate the time of their staff.

Manufacturing of Healthcare Equipment

Manufacturing of Healthcare Medical Equipment

It is one of the innovative healthcare ideas. If you are looking for highly profitable and having some investment then you can start with the manufacturing of healthcare medical equipment like drugs, syringe, needle, etc.

China and India are leading in the manufacturing of medical equipment. It has a lot of opportunities to sell medical equipment. There are many business ideas you can manufacture like:-
- Drugs
- Sanitary Napkins
- Surgical Bandages
- Surgical Dresses
- Medical Gloves
- ECG machines
- X-Ray Machines, etc.
Conclusion

There are lots of business ideas present in the healthcare sector whether you are a professional or interest in the healthcare sector.

19 Innovative Health Startups in India | List of Top Healthcare Startups

The hunger for success makes you forget about health. You might be working hardon your startup but it doesn’t mean you slowly kill yourself for a brightentrepreneurial future. A wise man once said that health is wealth[/tag/wealth-management/]. The healthcare sector is growing rapidly in the In…

StartupTalkyVidhi Punamiya

FAQs

What is healthcare?

Healthcare is the maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of disease, illness, injury, and other physical and mental impairments in people.

Why is healthcare important?

An efficient health care system can contribute to a significant part of a country’s economy, development, and industrialization. Health care is conventionally regarded as an important determinant in promoting the general physical and mental health and well-being of people around the world.

What is the purpose of healthcare?

The fundamental purpose of health care is to enhance the quality of life by enhancing health. Commercial businesses focus on creating financial profit to support their valuation and remain viable. Health care must focus on creating social profit to fulfill its promise to society.

How to start a healthcare business?
- Step 1: Create a business plan
- Step 2: Register with the state
- Step 3: Obtain Medicare and Medicaid certifications
- Step 4: Hire a great staff
- Step 5: Get your clients
- Step 6: Have a solid financing plan for growth
Is healthcare a business?

Yes. Health care is a business. Like any other business, the healthcare industry stands to benefit from practices that drive innovation and growth.

Why E-pharmacy firms saw huge order surge in second wave of pandemic

The second wave of the Covid-19 pandemic in India has led to the significantgrowth of online pharmacies. The lockdown being implemented in various statesand the strict restrictions have led to the surge in for medical devices and PPEkits by the consumers through e-pharmacies. Let’s look at the gr…

StartupTalkyAlan Joseph
June 14, 2021
ElaWoman – Helping Couples With IVF and Fertility Issues

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by ElaWoman.

Infertility is a topic people don’t talk about openly. It is the inability to conceive children even after frequent, unprotected sexual intercourse over a year or more. It’s a condition that impacts couples both physically and emotionally, often ruining relationships.

Victims of infertility are more often than not left disheartened by bogus advertisements and claims that guarantee a sure-to-work solution for this medical condition. In the end, they don’t get the desired results and regret spending so much for nothing.

ElaWoman is a visionary healthcare startup making a significant difference in the lives of those affected by infertility. ElaWoman provides customized plans and treatments to solve this problem through the use of latest technology and data analytics. The transparency in treatment is what differentiates ElaWoman from others. Moreover, safe and easy financial options ensures couples with financial difficulties are not left out out.

ElaWoman – Company Highlights

Startup Name ElaWoman

Headquarters Delhi

Founders Ritu Singh, Aditya Kandoi, and Yogesh Agarwal

Industry Healthcare

Founded 2016

Website elawoman.com

About ElaWoman and How it Works
ElaWoman – Target Market
How was ElaWoman Started?
ElaWoman – Services
ElaWoman – Founders And Team
ElaWoman – Name, Logo, And Tagline
ElaWoman – User Acquisition
ElaWoman – Startup Challenges
ElaWoman – Funding
ElaWoman – Future Plans
ElaWoman – FAQs

About ElaWoman and How it Works

Elawoman helps couples who are struggling to realize the happiness of parenthood. Treated as a taboo, topics such as infertility are not discussed openly on healthcare platforms. This leaves no choice for patients but to blindly believe marketing gimmicks of a non-transparent ecosystem setup by some doctors and clinics in the medical industry. This is why out of 10% of couples (of child-bearing age) facing fertility issues, only 1% go for treatment.

ElaWoman was born as a one-stop solution portal to counter the increasing occurrence of fertility problems worldwide and the increase awareness about the same. The entire team makes it a point to bring the best quality infertility treatments to couples at affordable prices.

ElaWoman – Target Market

The infertility treatment/diagnosis segment is expected to grow steadily in the coming decade. According to a top research firm in India, this industry is set to grow at 13% CAGR in the year 2020. The rapid advancements in the field of infertility medicines is can be attributed to increasing child-bearing age, growing usage of contraceptives, and altered lifestyles.

The field of infertility medicine comprises fertility drugs, infertility-related surgeries, and Assisted Reproductive Treatments (ARTs). Latest developments include Frozen Embryo Transfer (FET), Preimplantation Genetic Diagnosis and Screening (PGD/PGS), and Anti-Mullerian Hormone (AMH) tests to name a few. Array Comparative Genetic Hybridization (CGH) was recently introduced to increase the success rates of infertility treatments. A huge potential exists in this field which needs to be exploited and utilized for the welfare of couples across the globe.

How was ElaWoman Started?

The Elawoman founders came across several cases that revealed couples struggling to find a good infertility clinic or doctor for treatment. They also realized the stigma and taboo surrounding infertility issues; affected couples are afraid to discuss their issue in front of family members and friends.

HealthifyMe Success Story – Founders | Funding | Revenue | Business Model

Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has been approved by the organization it is based on. Having a fit and healthy body is everyone’s dream, but it has somehow not beeneveryone’s cup of …

StartupTalkyShubham Kumar

ElaWoman – Services

ElaWoman solves the problem by bringing in transparency and independent facilitation through data analytics and other technological mediums. It offers a system that provides unbiased transparent information on doctor and centre data, treatment pricing, clinical success rates, and past patient reviews.

Couples get the benefit of having a personal health assistant to help them in each step of conceiving. The service is an end-to-end platform providing access to different features and plans.

Furthermore, ElaWoman provides information on over 5,000 fertility hospitals and doctors for IVF, IUI, ICSI, surrogacy treatments, and pregnancy care services. The fertility centres and doctors partnered with ElaWoman are encouraged to provide a transparent, upfront, and affordable pricing structure for infertility procedures. Patients are provided with customized treatment packages for result-oriented execution of the chosen infertility treatments. The customization is done based on the treatment cost, patient appointment, and the clinic/centre chosen. Ela specialists assist patients in the personalization of infertility treatment packages.

ElaWoman – Founders And Team

ElaWoman was founded by Ritu Singh, Yogesh Agarwal, and Aditya Kandoi.

Elawoman founders Ritu Singh, Yogesh Agarwal, and Aditya Kandoi (L to R)

Ritu Singh : Born in 1988, Ritu did her schooling from St. Thomas School and then pursued a B.Tech from Netaji Subhas Institute of Technology in 2005. She then did an MBA in Marketing from IIM, Udaipur. Ritu Singh is the CEO of ElaWoman.

Yogesh Agarwal : Yogesh was born in 1986 and completed his schooling from Birla High school. He obtained a Bachelor’s in Electrical Engineering from IIT, Varansi in 2005. Post graduation, he joined Lancaster University for an MBA. Yogesh is the Chief Technology Officer (CTO) of ElaWoman.

Aditya Kandoi : Aditya Kandi was born in 1989 and is an IIT Varanasi alumnus. He later did his MBA from Warsaw School of Economics. Aditya is currently working as the Chief Operating Officer (COO) of ElaWoman.

ElaWoman – Name, Logo, And Tagline

Logo of ElaWoman

ElaWoman was chosen as the brand name since Ela stands for a beautiful person surrounded by several friends and their loved ones. The company logo consists of a butterfly that demarcates freedom; the freedom ElaWoman gives couples in the form of parenthood.

ElaWoman – User Acquisition

We were on cloud nine when we met the achievement of the first 100 customers. Initially, it felt like a challenge as our concept is a new one. But then we came out with a combination of ways to reach the audience and have 100 successful customers – Ritu Singh, CEO of ElaWoman

The ElaWoman team leveraged the power of social media and user-oriented information through website’s blog section. This was combined with the reach of advertisements to target the desired audience.

Initially, it was difficult to attract customers/couples towards the concept of infertility treatment but the quality and usefulness of ElaWoman’s services made this possible. Testimonials of patients who had infertility treatments at the top centers and hospitals along with impressive success rates helped several couples contact Elawoman and trust its services.

Reaching the first 100 customers and helping them have successful infertility treatments was a remarkable experience for ElaWoman and a milestone.

ElaWoman has evolved into a healthcare platform dealing with infertility medicine, treatments, and surgeries. The innovative ElaPay facility, the first payment mode in the field of medicine, has also made it easy for patients to take a step forward. Ela’s medical loans have made the financial aspect of the treatment more hassle-free than expected. Patients also receive guidance on travel and accommodation as part of their infertility treatments.

ElaWoman – Startup Challenges

One of the biggest challenges which we faced during our initial days was mainly to convince couples to consult an infertility specialist about their infertility issues. Also, we had difficulty in making patients understand our unique brand concept – Ritu Singh, CEO of ElaWoman.

The team eventually cracked it through timely counselling and discussions with several couples in collaboration with medical specialists and psychologists; distinguished medical professionals known for successfully dealing with some of the most complicated medical cases.

Success Story of Docttocare- Doctor Appointment, Blood Bank and Ambulance Online

Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has been approved by the organization it is based on. Gone are the days when one had to rely on word of mouth to find a good doctor,or when one had to…

StartupTalkyChayanika Goswami

ElaWoman – Funding

The ElaWoman funding till date is as follows:

Funding Date Funding Stage Funding Amount Investors

October 2018 Series A $3 Million Chiratae Ventures with co-investor Alkemi Venture Partners

ElaWoman – Future Plans

ElaWoman has achieved several milestones in the domain of infertility medicine since its launch. ElaWoman today has a network of more than 11,500+ doctors and clinics. Ela has its footprints in over 89 cities and 11 countries. Features such as ElaPay and Ela medical loans have made the treatment for patients a smooth sail. The company’s future looks promising with expansion plans.

ElaWoman – FAQs

What is ElaWoman?

ElaWoman is a visionary healthcare startup making a significant difference in the lives of those affected by infertility.

Who is the founder of ElaWoman?

Ritu Singh, Yogesh Agarwal, and Aditya Kandoi.

Is ElaWoman an Indian brand?

Yes, Elawoman is an Indian brand.

June 8, 2021
This Startup is Bringing World Class E-Clinics to India

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Tattvan.

Today a tiny fraction of Indians in large urban cities and smaller towns, cities, and villages have access to the kind of healthcare they deserve. Mr. Ayush Atul Mishra launched Tattvan in 2016 with the passion and idea to bring quality healthcare to the masses.

At Tattvan, the team strives to bridge the gap by bringing the best healthcare on earth to everyone, especially to residents of small towns and cities. They believe that for India to outgrow and develop, all its citizens must have access to the most exceptional healthcare in the world. Tattvan was founded to realize this belief into a fruitful reality.

Read this article to know all about the Tattvan E-Clinic, Startup Challenges, Founder, Growth and its success story.

Tattvan – Company Highlights

Startup Name Tattvan E Clinic

Headquarter Gurugram

Industry HealthTech

Founder Mr. Ayush Atul Mishra

Founded 2016

Website tattvan.com

Contact Email feedback@tattvan.com

Tattvan – About & How It Works?
Tattvan – Target Market Size
Tattvan – Founders & Team
Tattvan – How It All Started?
Tattvan – Name, Tagline & Logo
Tattvan – Startup Launch
Tattvan – Startup Challenges
Tattvan – Growth
Tattvan – Future Plans
Tattvan – FAQ’s

Tattvan – About & How It Works?

Tattvan delivers world-class healthcare to residents of cities and towns where it is lacking. At Tattvan’s e-clinics, visitors receive medical care that is as good as the best in the world. Also, their e-clinics cost less than they do in regular hospitals and clinics. Tattvan has innovatively used existing technologies to bring the highest quality healthcare to the masses. It has succeeded in bringing together engineers and physicians to deliver unbeatable healthcare services to those lacking it.

At Tattvan e-clinics, patients are examined by leading specialists at a fraction of the cost of regular OPDs. They opened the first telemedicine clinic in Bareilly and since then, opened many more in cities across North India. Tattvan E Clinics India was included in “Silicon India’s Top 10 Telemedicine Companies in India 2019”.

Tattvan – Target Market Size

Globally the size of the healthcare industry is well over four trillion dollars. Developed countries own the bulk of this industry, but India has a well-established healthcare industry as well. The total size of the healthcare industry in India is well over $100 billion and expected to reach a little more than $370 billion within two years. The online pharmacy industry in India is growing rapidly. Capturing the exact size of India’s healthcare industry is hard because so much of the industry is unorganized.

At roughly $100 billion, the Indian healthcare industry is among the most significant healthcare industries in the world. Telemedicine’s share of this industry is small today, yet it is growing. In 2020, the telemedicine industry will grow to be approximately $32 million.

While it is an almost insignificant fraction of the entire domestic healthcare industry, telemedicine is still in its infancy. As public awareness about telemedicine grows, the industry will multiply, perhaps even exponentially. In five years, Mr. Ayush estimates the telemedicine industry will generate revenues of several hundred million dollars annually.

The Tattvan team is targeting a market whose size exceeds $100 billion. They know there is a high demand for good quality healthcare across India because except for the largest metro cities, the quality of healthcare is substandard. Concerning market share, among leading telemedicine companies, have the most significant market share.

Tattvan – Founders & Team

Mr. Ayush Atul Mishra is the founder and CEO of Tattvan.

Ayush Atul Mishra | Founder, Tattvan

Mr. Ayush Atul Mishra is a healthcare market researcher and a MedTech market enthusiast with a decade-long experience in healthcare research and analytics. Currently, he is the Managing Partner at Growman Research Group (GRG), one of the fastest-growing global healthcare market research firms based out of India.

Tattvan – How It All Started?

This journey began when the founder, Ayush Mishra suffered from an accident and couldn’t be treated in his hometown because it lacked proper healthcare facilities. The accident and events following his injury were a wake-up call. He realized there were countless others like him suffering needlessly because they didn’t have access to sound healthcare. That’s how the idea to open e-clinics in locations where existing healthcare facilities were inadequate took root.

The team consulted with a few leading players in the healthcare industry, including doctors in leading hospitals. After interacting with them, they knew that they were on to something big. These industry professionals encouraged and guided the Tattvan team, which gave them the confidence to put the plans into action. And that’s how Tattvan was born.

FindMyHealth Company Profile – Startup that Combines AI and Ayurveda for Health Monitoring

Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Artificial Intelligence is now penetrating almost every existing domain.Finance, healthcare, educ…

StartupTalkyRishabh Rathi

Tattvan – Name, Tagline & Logo

Tattvan’s Company Logo

Tattvan comes from the Sanskrit word Tattva which means qualities in the body and in all matter which are Earth, Water, Fire, Air, and Ether.

Tattvan – Startup Launch

At Tattvan, the priority was to educate people about telemedicine. As mentioned, Tattvan opened the first telemedicine clinic in Bareilly. Since Bareilly is a tier 2 city people were unfamiliar with the concept. Hence the team marketed Tattvan using radio promotions, newspaper advertisements, and pamphlets.

The patients who could only be treated at big hospitals in Delhi needed to know that Tattvan could make their life hassle-free. Without leaving their towns, such patients could be treated by doctors practicing in renowned hospitals in Delhi. The most significant advantage was that positive word of mouth about Tattvan quickly spread. Every patient who visited Tattvan had an excellent experience and shared the same with others.

“Tattvan’s success is highlighted by the superb treatment outcomes of those we treat. For example, in Bareilly, distraught parents brought their three-year-old child who had been prescribed anti-seizure medication. Because of the drugs, the child was suffering immensely. He could not engage in playful activities like other children his age. A doctor at our e-clinic requested the boy’s parents to have him undergo a few tests and scans. Once completed, the doctor realized the boy had been incorrectly diagnosed and should not take the anti-seizure medication. The doctor tapered off the boy’s medication and transformed him into a happy and active three-year-old again.”, says Ayush recalling a success story.

Numerous such success stories have helped spread positive word of mouth about Tattvan. People come to Tattvan because it has earned their community’s trust.

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Due to the COVID-19 pandemic, Healthcare facilities and medicines have becomethe need of the hour. India, the second-largest populated country, have alsoseen numerous cases of Covid-19 and the number is still growing. India’s pharmasector is also growing and also changing lives by providing the n…

StartupTalkyAshwini

Tattvan – Startup Challenges

The most challenging part of this business was shaping the perception that e-clinics are no different from traditional clinics. In many small towns and cities in India, patients expect that every visit to a doctor entails a shot. Many don’t feel they have been treated unless they are injected. Patients also expect a doctor to use a stethoscope to examine them. At Tattvan e-clinics, doctors examine patients over a screen which means they don’t give a shot or use a stethoscope.

Thankfully the team has successfully molded the perception of e-clinics. Today patients are being treated at its e-clinics and they know that these e-clinics are as good as or better than the best hospitals anywhere. This perceptual shift was brought about by effectively treating patients. As word of mouth about Tattvan’s successes spread rapidly, people began to trust the brand. Today Tattvan enjoys incredible goodwill wherever it has clinics.

The growth of the online doctor consultation market during the ongoing Pandemic has been tough for Tattvan E-Clinic. There has been a huge spike in the number of online consultancies during these difficult times which has been a challenging task for Tattvan and its Team.

Tattvan – Growth

Tattvan has been going from strength to strength. Tattvan is currently operating 5 telemedicine clinics in UP and Uttarakhand, 9 mobile centers in rural UP and 1 in Kabul. With over half a dozen successful e-clinics in India and abroad, Tattvan is treating patients in Afghanistan and parts of Africa. It is also making a foray into China.

According to a report by Practo, online doctor consultations have increased 500% since March 2020, as five crore Indians are now accessing online healthcare amidst the COVID-19. And, this number has increased since then which has been a major challenge to the telemedicine industry.

This is How Machine Learning is Revolutionizing the Healthcare Industry

What if I tell you that in near future surgeries will be performed by Machines.Yes, machine learning has advanced rapidly that in near future it will bepossible to perform medical surgeries with minimum or no interventions by aPhysician. Machine learning is widely used in healthcare industry in …

StartupTalkyArbaz Sayed

Tattvan – Future Plans

“In the future, we expect to open several dozen e-clinics across India and overseas. We believe we have the expertise and business model to bring quality healthcare to millions.” said Mr. Ayush Atul Mishra.

Feel free to reach us and share your feedback. We would love to hear from you. Do comment us in the comments section below. Happy Reading.

Tattvan – FAQ’s

What is Tattvan?

Tattvan delivers world-class healthcare to residents of cities and towns or wherever it is lacking.

What is an e-Clinic?

e-Clinic is a web-based clinic management system designed to help users manage and monitor their clinic over the day using any available device.

Who is the owner of Tattvan?

Ayush Atul Mishra is the owner of Tattvan.

What services does Tattvan provide?

Tattvan strives to bridge the gap by bringing the best healthcare on earth to everyone, especially to residents of small towns and cities.

What are some startup challenges faced by Tattvan?

The most challenging part of this business was shaping the perception that e-Clinics are no different from traditional clinics.

June 4, 2021

Funding Date	Funding Stage	Funding Amount	Investors
October 2018	Series A	$3 Million	Chiratae Ventures with co-investor Alkemi Venture Partners

Startup Name	Tattvan E Clinic
Headquarter	Gurugram
Industry	HealthTech
Founder	Mr. Ayush Atul Mishra
Founded	2016
Website	tattvan.com
Contact Email	feedback@tattvan.com

Doctor Insta – Bringing Healthcare to Everyone’s Fingertips!

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Doctor Insta.

We are often left in awe as to how digitization has changed the way we live and carry out our daily work. We no longer have to wait in lines to watch a movie, thanks to online ticket booking applications. We don’t have to call a hundred service providers like carpenters and painters to avail their services. That all is available now at just one click, thanks to the online portals.

Similarly, now we have online doctor consultation available 24×7 accessible anytime anywhere. To step up the game and make it available to more and more people in the country, Amit Manjul launched Doctor Insta in 2015.

Read on to know more about the Doctor Insta Company Profile, Founders, Business Model, Funding, Investors and Growth.

Doctor Insta – Company Highlights

Startup Name	Doctor Insta
Headquarter	Gurgaon, Haryana
Sector	Healthcare
Founders	Amit Munjal
Founded	2015
Total Funding	$7 Million
Revenue	INR 6 crore (2017-18)
Parent Organization	Doctor Insta Private Limited
Website	doctorinsta.com

Doctor Insta – About and how it works
Doctor Insta – Founders and Team
Doctor Insta – How did it start?
Doctor Insta – Business Model and Revenue Model
Doctor Insta – Competitors
Doctor Insta – Funding and Investors
Doctor Insta – Growth and Revenue
Doctor Insta – Future Plans
Doctor Insta – FAQs

Doctor Insta – About and how it works

Doctor Insta is a “Video-Medicine” platform that provides online consultation in general medicine, pediatrics, psychology, and nutrition. This venture aims to bridge the consultation gap between doctors and patients, by putting a digital channel in place. Through the videos on the portal, the audience is able to audio-visually be connected to the doctors and specialists and avail treatment advice from the specialists within just 15-30 minutes.

This platform provides instant access to the healthcare professionals 24×7 via voice and video calls and also the chat feature that it has on its application. Besides consultation, it also provides home delivery of medicines and laboratory and diagnostic test reports, which are shared over email.

Doctor Insta Logo

Doctor Insta as of today has more than 100 doctors on its platform, with business-to-business-to-consumer (B2B2C) vertical. With this vertical, the employers pay fixed monthly retainership fees for their employees to access all the services on the Doctor Insta application. This B2B2C vertical covers more than 2,00,000 employees and their families.

Doctor Insta – Founder and Team

Amit Munjal is the founder and CEO of Doctor Insta.

He is a Harvard graduate and a CFA. Amit has worked with quite a few renowned companies like Deloitte, Bank of America Merrill Lynch, Citi bank, and is also the founder and CEO at Brahmax Ventures.

Doctor Insta – How did it start?

In case you’re wondering how an innovative concept like this originally germinated? This is how Doctor Insta started. There was this one time when Amit sprained his ankle and was forced to use a telemedicine app in the States. And surprisingly, he was quite impressed by the experience.

“It helped me access a doctor from the convenience of my residence—saving time and money,” said Amit Munjal, CEO of Doctor Insta.

This very incident inspired this smart, spectacular and very talented young man to start something very similar in India too. Telemedicine has been a very popular concept in the West for a very long time. And the surging and exponential growth in India’s digital economy offered a promising opportunity for on-demand preventive and curative healthcare at one’s doorstep.

Also, India has a poor availability of doctors, so essentially addressing health concerns remotely has been a massive need in the country for a very long time. Besides, there’s also the daunting low doctor-to-people ratio in India, because most qualified and skilled doctors are usually available only in the tier-I cities. For people residing in tier- II and tier- III cities, access to quality healthcare is still a distant dream.

This social need and the budding business opportunity with it inspired the founder Amit Munjal to launch Doctor Insta in 2015.

Doctor Insta Story

Doctor Insta – Business Model and Revenue Model

The Doctor Insta business model has unique B2C and B2B2C Models for Patients and Employers with Gross Margin as high as 70%. It provides access to quality healthcare professionals 24×7. This service is provided through voice and video calls and with the chat feature in its application.

The consultation on this application can be availed of on a pay-as-you-go basis, for which the charge is INR 440 per consultation, or the user also has the choice of taking an annual subscription for which the charge is INR 2,500. The subscription package at Doctor Insta comes with a free 30-day trial period. Also, the user can add up to three dependents in the plan at zilch cost on this application.

“Though major illnesses need to be addressed physically, certain health issues—medicines, gynecology, diet, and nutrition-related issues, among others— can be easily addressed remotely,” said Amit Munjal, founder of Doctor Insta.

Doctor Insta – Competitors

As discussed in the beginning, digitization is upscaling the market big time, and due to that, a lot of other healthcare platforms have come to offer application-based healthcare to the masses.

Top competitors of Doctor Insta are Practo, Medikoe, Cure, DocPlexus, Pluss, MeraDoctor, Portea amongst many more players in the segment. With the reports of soaring opportunities in this segment, Doctor Insta and other startups in the space will be exposed to a plethora of opportunities ahead.

Doctor Insta – Funding and Investors

Doctor Insta has raised a total of $7 Million in funding over 3 rounds. Their latest funding was raised on Oct 4, 2017 from a Series B round.

Here is a list of all the funding rounds of Doctor Insta:

Date	Stage	Amount	Investors
December 2015	Seed Round	$500K	BrahmaX Ventures
August 2016	Series A	$2.5 million	BrahmaX Ventures, RoundGlass Partners
October 2017	Series B	$4 million	BrahmaX Ventures

Doctor Insta – Growth and Revenue

Doctor Insta had around INR 6 crore revenue in 2017-18
Doctor Insta conducts more than 4,000 consultations a day
Currently running its services at a pan-India level
Collaborated with more than 150 companies such as American Express, SRF, Channel Play, Videocon, Muthoot Finance, etc.
The company today has over 500K application installations
More than 1 million users are using Doctor Insta

Doctor Insta – Future Plans

“There are about one million allopathic doctors in India conducting about 50 million consultations every day. In two years, we want to acquire 2% of this market—one million consultations a day by 2020. The growth prospects are huge,” says Amit Munjal, founder and CEO of Doctor Insta.

Doctor Insta – FAQs

What is Doctor Insta?

How does Doctor Insta make money?

It has B2C and B2B2C Models for Patients and Employers with Gross Margin as high as 70%. The consultation on this app can be availed of on a pay-as-you-go basis, for which the charge is INR 440 per consultation, or the user also has the choice of taking an annual subscription for which the charge is INR 2,500.

Who is the Founder of Doctor Insta?

Amit Munjal is the founder and CEO of Doctor Insta.

How much Funding has Doctor Insta raised?

Doctor Insta has raised a total of $7 Million in funding over 3 rounds. Their latest funding was raised on Oct 4, 2017 from a Series B round for $4 Million led by BrahmaX Ventures.

Who are the competitors of Doctor Insta?

Practo, Medikoe, Cure, DocPlexus, Pluss, MeraDoctor, Portea amongst many more players in the segment.

How much is the revenue of Doctor Insta?

Doctor Insta had around INR 6 crore revenue in 2017-18.

May 18, 2021

FindMyHealth is Monitoring Health Using AI and Ayurveda

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by FindMyHealth.

Artificial Intelligence is now penetrating almost every existing domain. Finance, healthcare, education, transportation and many sectors are witnessing active use of AI. The idea of this startup was born when Gaurav Bhalotia realized there is a lot to health beyond medicine, and that our bodies need to participate very strongly to recover from any illness. Gaurav thus started FindMyHealth in 2018 with a vision to give individuals control of their health, and to help them stay healthy and recover quickly.

However, the seeds of the current product was sowed in April 2019 after the successful Proof of Concept (POC) of its computer vision technology. The platform allows users to get a peek into their inner health based on an Ayurvedic framework. It starts by analyzing the face to identify the body constitution and visual aging or obesity, which is followed by a conversation with its AI doctor to identify the state of the inner health.

Read this article to know more about the Journey of FindMyHealth along with its Business Model, How it works, Funding, Growth, Competitors & More.

FindMyHealth – Company Highlights

Startup Name	FindMyHealth
Headquarter	Bengaluru, India
Sector	Healthcare Technology
Founder	Gaurav Bhalotia
Founded	2018
Parent Organization	MillionEyes Healthcare Technologies Private Ltd.
Website	findmyhealth.com

FindMyHealth – About & How It Works?
FindMyHealth – Target Market Size
FindMyHealth – Products/Services
FindMyHealth – Founders & Team
FindMyHealth – Name, Tagline & Logo
FindMyHealth – Business & Revenue Model
FindMyHealth – User Acquisition & Growth
FindMyHealth – Startup Challenges
FindMyHealth – Competitors
FindMyHealth – Funding & Investors
FindMyHealth – Recognition & Achievements
FindMyHealth – Future Plans
FindMyHealth – Conclusion
FindMyHealth – FAQ’s

FindMyHealth – About & How It Works?

The inspiration behind this idea is Gaurav’s health experiences (self and family) where he moved from being a skeptic towards alternative medicine to becoming a believer in the body’s power and participation in recovery. There is a lot of subjectivity in both discovery and assessment in the alternative medicine space today.

The journey started with an attempt to use technology to bring the power of Ayurveda and alternative medicine to more people. The biggest gap which Gaurav saw to start with was helping people identify what herbs to take, many people were consuming Ayurvedic herbs but most of it through ad-hoc recommendations from friends and family.

Over the last one year we have managed to use the knowledge from Ayurveda to build a framework for remote assessment, AI-driven recommendations, and doorstep delivery of Herbal Supplements, says Gaurav Bhalotia, founder of FindMyHealth.

FindMyHealth – Target Market Size

The healthcare market in India is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater healthcare awareness, lifestyle diseases, and increasing access to insurance. We are combining AI and Ayurveda to build these solutions. Ayurveda market in India is expected to be around $9 billion by 2022.

There will be 130 million Health Conscious Individuals (HCIs) by 2022. Increasingly people will seek out more control over their health, as is showing up in fitness products today. There will be a demand for solutions that connect our everyday actions to health outcomes. E.g. what we eat, our lifestyles, etc. So essentially coupled with awareness, we will see greater participation in staying healthier.

FindMyHealth – Products/Services

FindMyHealth (website), the company’s first offering allows users to get a peek into their inner health, based on an Ayurvedic framework of what health is. It starts with a face selfie analysis to identify the body constitution and visual aging/obesity, which is followed up by a conversation with their AI doctor to identify the state of the inner functional health.

FindMyHealth Product

This together is used to generate a detailed health fingerprint of the user and identify recommendations for herbs, foods, and a healthy lifestyle. They also offer a personalized supplement, which compounds all the recommended herbs into a single pill for supporting health and recovery.

FindMyHealth – Founders & Team

FindMyHealth is founded by Gaurav Bhalotia.

Gaurav Bhalotia | Founder, FindMyHealth

The founder, Gaurav Bhalotia, is an expert in information retrieval, personalization and building large scale systems. He is passionate about holistic health and traditional Indian Health Sciences and Medicine. FindMyHealth, a preventive healthcare platform (startup), grew out of his belief that everybody deserves a healthy lifestyle and that it is viable to take control of our own health through personalization and AI.

He likes to address his startup as a scorecard for one’s inner health and their personalized supplement buddy. Gaurav is a graduate of Indian Institute of Technology – Mumbai – and has an MS in Computer Science from the University of California Berkeley.

On the core team, Dr. Payal Khandelwal is the resident Ayurveda expert. She has an MD in Ayurveda from Tilak Ayurveda Institute and is an Expert at treating lifestyle and chronic diseases. She won the National Herbal Research Award in 2010. The team currently is made up of engineers, data scientists, doctors and nutrition experts.

FindMyHealth’s Team

FindMyHealth – Name, Tagline & Logo

The team felt that the biggest problem that people have in healthcare is a lack of control. Health is so much of a personal thing. One has to be aware of one’s body and health work daily to maintain it. The company wanted to build something that gives people control of their health and helps them identify, interpret, and work with their inner balance. Hence, the name FindMyHealth (help find where the balance is and then help find a fix).

FindMyHealth Logo

FindMyHealth – Business & Revenue Model

The FindMyHealth business model works on a freemium model, the assessment is free (so is the identification of the right herbs). They intend to monetize the personalized supplement that is custom-built for the user. They will also have personalized diet plans very soon. Right now, the company has two paid offerings on the website – personalized Ayurvedic herb mix for INR 999 and therapeutic (disease reversal diet plans) for INR 6,999.

FindMyHealth – User Acquisition & Growth

What has worked for FindMyHealth is the selfie analysis, people find it unique and it enables high click-through rates and reasonable acquisition costs. While the selfie brings users, their deep insights into inner health help keep them. According to the company, more than 60% of the users are going through completing the entire assessment, sometimes spending up to 10 minutes on it, which is a lot in terms of internet time.

The company has tied up with Hyderabad based Healtheeliving to provide them the technology platform for their therapeutic nutrition plans. One of the campaigns that went almost viral is their Corona Risk Calculator. They started seeing a lot of people share it on Facebook and WhatsApp and a significant proportion of traffic coming through these shares.

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FindMyHealth – Startup Challenges

The biggest challenge has been the marriage of technology and medicine, to get Ayurvedic doctors and nutrition experts and engineers/data scientists to think and work on a common plane. FindMyHealth has built a very strong culture of data-based science, high ownership, and building for scale.

The next challenge has been creating awareness and sometimes a strong positive awareness of Ayurveda. A lot of people are exposed to Ayurvedic medicines and treatments but in a very ad-hoc manner, the startup wishes to make it easy and accurate to access and consume Ayurveda.

FindMyHealth – Competitors

There are other players in the space like 1balance delivering personalized supplements, and Jiva Ayurveda, Dr. Vaidya’s, Cureveda, Organic India, etc., trying to create a new-age brand for Ayurvedic supplements. On assessments, there are players like NadiTarangini and Ayurythm building technologies for Ayurvedic assessments of Individuals.

Personalization is the distinctive benefit of their AI, enabling them to identify the unique health situation of an individual and connect them to appropriate targeted actions drawn from the wisdom of Ayurveda and other natural techniques. An additional strong aspect of the company’s technology is that it can be done in a non-invasive manner and remotely on the app.

FindMyHealth strongly admires CureFit which has been able to create an aspirational brand around health and fitness. They would like to similarly create a great brand that will help individuals take control of their inner health and use the platform for regular assessment, recommendations, and supplement needs.

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FindMyHealth – Funding & Investors

The company closed an angel round in July last year for an undisclosed amount. The team is focusing on fine-tuning the technology and monetization model before raising additional funds.

FindMyHealth – Recognition & Achievements

The company received the most promising healthtech startup of 2020 award by CIOReview India.

FindMyHealth – Future Plans

Having just launched, the company is nearing 20,000 completed assessments on the platform. Their target Market currently is India and they want to be the platform for personalized Ayurveda – starting from deep assessment to technology products that support individuals’ journeys back to balance and good health.

“We are working on personalized diet plans driven off our AI, that will be Ayurveda compliant. Diet is a significant part of who we are and diet corrections can have a huge impact on healing and recovery”, says Gaurav Bhalotia, owner of FindMyHealth.

FindMyHealth – Conclusion

Findmyhealth are on a mission to revolutionize healthcare delivery to individuals. They are a team of technologists, data scientists and Ayurveda experts. They combine modern technology and trusted science of Ayurveda to give users the tools to take control of their everyday health. Findmyhealth patented AI based selfie analysis and health score identifies the unique constitutional balance of an individual. They then offer users the ability to design their own personalized Ayurvedic herb mix for overall health and wellbeing.

FindMyHealth – FAQ’s

How are our products differ from other nutritional supplements?

Nutritional supplements are used to cover for deficiencies of the essential nutrition that a person is not able to get from food. Ayurvedic herbs on the other hand have rejuvenated property, helping restore the body’s balance towards equilibrium.

Will there be any side effects? Are these safe to be taken daily?

The products are 100% natural and have been time tested to have no unintended side effects. The herbs have no chemical ingredients and are designed to be taken twice daily. Regular and continuous use is necessary to induce the body’s recovery towards the natural balance.

How long will I have to take these supplements?

One can start seeing improvements in one month, however, findmyhealth recommends that you take them for a minimum of three months. If you take a three-month subscription, they will recommend you to retake the online assessment every month.

Can I take other medicine with FindMyhealth?

Yes, you can continue taking your regular medicine along with FindMyhealth supplements. Findmyhealth doctors do not recommend stopping or modifying the dosage of your current medication without consulting a doctor.

Do I need to consult a doctor before consuming them?

Findmyhealth system has been designed by experts in both Ayurveda and Computer Science and these recommendations have gone through thorough testing. In addition, every recommendation is individually reviewed by the doctors before getting shipped.

How do I contact Findmyhealth?

For any other questions, you may have, please write to contact@findmyhealth.com

May 17, 2021

Why E-pharmacy firms saw huge order surge in second wave of pandemic

The second wave of the Covid-19 pandemic in India has led to the significant growth of online pharmacies. The lockdown being implemented in various states and the strict restrictions have led to the surge in for medical devices and PPE kits by the consumers through e-pharmacies. Let’s look at the growth of e-pharmacies in India.

Growth of E-pharmacy market
Growth of 1mg
Wellness Forever Medicare
Other E-pharmacy companies
Reason for the order surge
Demand for Covid-19 related products
FAQ

Growth of E-pharmacy market

The growth of the e-pharmacy sector has increased by up to 35 % compared to last year according to Industry trackers which is almost 3 times the expansion in the number of consumers ordering medicines and the essential substances for Covid-19 online. They claim that the sector is expected to witness much more growth in the current year as well.

Ankur Pahwa who is the Partner and National leader for the E-commerce and Consumer Internet sector of EY India had said that since the base is much more larger, they expect the growth to slow down. He added that the sector will not be able to see a growth of 40-45 % this year, but is still expected to remain high because of the increase of digitalization in the country.

EY has an estimation that the online pharmacy sector in India will grow to around USD 2.7 billion by the year 2023 from USD 360 million in 2019.

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Growth of 1mg

1mg is one of the top 3 e-pharmacy firm in the country. The company has said that there has been an increase in the medicines such as Fabiflu and Doxzee which is said to treat the mild cases of Covid-19. The company said that there was an increase of around 40x to 50x in the month of April 2021 compared to March 2021.

The company said that the sales of these drugs would have been higher if they wouldn’t have faced challenges regarding the supply of the drugs. 1mg reported that the demand for the Covid-19 related products was 5 times more in the month of April 2021 compared to the previous month March 2021.

Wellness Forever Medicare

Wellness Forever which is an omnichannel pharmacy chain has said that their orders have increased due to the second wave by around 25 %. The company has said that they have seen an increased demand for medical devices such as thermometers and oximeters, medicines and FMCG products.

Gulshan Bhaktiani who is the co-founder of Wellness Forever Medicare said that the company has seen a similar rise in order over different mediums such as walk-ins, app and calls. The company’s revenue had seen an increase of around 25 % for the year ended March 2021.

Indian pharmaceutical sector growth

Other E-pharmacy companies

Pharmeasy which is backed by Prosus and the leader of the online pharmacy market in India said that the company is looking forward to provide vaccination for around 30 million people. The company wants to become the largest private player in the vaccination drive in India.

It is planning to work with Corporates, healthcare providers and resident welfare associations.

Even the healthcare booking platform Practo has said that it is planning to largely work with corporates in order to provide vaccination to around 10 million people. The company has already confirmed that around 500 corporates have shown interest and have an employee strength of 1 million.

The company said that it is looking forward to work with around 1,000 companies for the first round of the vaccination drive.

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Reason for the order surge

The increase in the cases due to the second wave in most of the metro cities and this leading to lockdown and strict curfews have made the consumers to order the medicines and the Covid related items online rather than visiting offline pharmacies and diagnostic centers.

According to the company executives and industry experts, this is the major reason for the increase in sales by up to 25 – 65 % for online pharmacies.

Demand for Covid-19 related products

Prashant Tandon who is the co-founder of 1mg said that there is an unlimited need by the consumers currently and the company is investing on an active basis to ensure the supply chains can reach the demand of the consumers.

He added that the consumers are very anxious and fearful about exposure as they get their lab tests and medicines.

The demand for Covid-19 related products such as pulse oximeters, oxygen cans, masks, PPE kits, supplements such as Zincovit and Limcee is similar in all the major online pharmacies according to experts.

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FAQ

How do online pharmacies operate?

Customer requests for products on an online platform. The request is sent to an off line brick and mortar store. The prescription is validated and verified by pharmacists and only then the order is accepted for fulfilment.

Does online pharmacy require drug license?

Yes, online pharmacy businesses require drug license.

What is an online prescription?

Online prescription enables people to compare treatment prices, find a healthcare provider, and schedule an appointment all in the comfort of their own home.

Conclusion

The second wave of the Covid-19 pandemic is the main reason for the growth of the e-pharmacy business around the country. We may be able to see an increase in the growth of industries in the coming years.

May 8, 2021

Siemens – German Technology that is Taking Over the World

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Siemens.

Siemens Limited is a holding company engaged in the manufacturing of electric motors, generators, transformers and electricity distribution, and control apparatus; general purpose machinery, and electrical signalling, safety or traffic-control equipment.

Its segments include Power and Gas, providing solutions for generation of electricity; Energy Management, supplying services for transmission and distribution of electrical energy; Building Technologies, providing buildings and infrastructures; Mobility, supplying solutions for passenger and freight transportation; Digital Factory, including software solutions and automation technologies; Process Industries and Drives, providing solutions and services across life cycles for industry sectors; Healthcare, providing technology for healthcare industry; Metals Technologies, providing metallurgical plant building technology catering services, and design and engineering, and Others, including services provided to group companies and lease rentals.

Siemens – Company Highlights

Startup Name	Siemens AG
Headquarters	Munich, Germany
Industry	Conglomerate
Founder	Werner von Siemens, Johann Georg Halske
Founded	1 October 1847
Current CEO	Roland Busch (Feb 2021)
Areas served	Worldwide
Website	www.siemens.com

Siemens – About and How it works?
Siemens – Founder and History
Siemens – Logo and its Meaning
Siemens – Mission
Siemens – Business Model
Siemens – Growth and Revenue
Siemens – Funding And Investors
Siemens – Investments
Siemens – Acquisitions
Siemens – Competitors
Siemens – Challenges Faced
Siemens – Future Plans

Siemens – About and How it works?

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.

Siemens multinational company is a global technology powerhouse that brings together the digital and physical worlds to benefit customers and society. The company focuses on intelligent infrastructure for buildings and decentralized energy systems, on automation and digitalization in the process and manufacturing industries, and on smart mobility solutions for rail and road transport.

The principal divisions of the company are Industry, Energy, Healthcare (Siemens Healthineers), and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company’s total sales, is its second-most profitable unit, after the industrial automation division. The company is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 385,000 people worldwide and reported global revenue of around €87 billion in 2019 according to its earnings release.

Siemens – Founder and History

Siemens & Halske was founded by Werner von Siemens and Johann Georg Halske on 1 October 1847.

Based on the telegraph, their invention used a needle to point to the sequence of letters, instead of using Morse code. The company, then called Telegraphen-Bauanstalt von Siemens & Halske, opened its first workshop on 12 October.

In 1848, the company built the first long-distance telegraph line in Europe; 500 km from Berlin to Frankfurt am Main. In 1850, the founder’s younger brother, Carl Wilhelm Siemens, later Sir William Siemens, started to represent the company in London. The London agency became a branch office in 1858. In the 1850s, the company was involved in building long-distance telegraph networks in Russia. In 1855, a company branch headed by another brother, Carl Heinrich von Siemens, opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European telegraph line stretching over 11,000 km from London to Calcutta.

In 1867, Werner von Siemens described a dynamo without permanent magnets. A similar system was also independently invented by Charles Wheatstone, but Siemens became the first company to build such devices. In 1881, a Siemens AC Alternator driven by a watermill was used to power the world’s first electric street lighting in the town of Godalming, United Kingdom. The company continued to grow and diversified into electric trains and light bulbs. In 1887, it opened its first office in Japan. In 1890, the founder retired and left the running of the company to his brother Carl and sons Arnold and Wilhelm.

Siemens – Logo and its Meaning

Introduced in 1936, the new logo is executed in a modern yet simple sans-serif typeface, which is very similar to such fonts as Dialogue Pro Extra Bold and Lucida Grande Black.

Logo of Siemens

As for the colour palette of the Siemens visual identity, there are three options of using its logotype: tender and light turquoise, which is the main colour of the brand, evoking a sense of safety, reliability, and calmness; light grey, which stands for confidence and seriousness, and black, which is the colour of power and elegance.

Siemens – Mission

Siemens’ mission statement: Responsible: Committed to ethical and responsible actions with respect to legal and ethical standards. Excellent: Achieving high performance and excellent results from ambitious targets derived from vision and verified by benchmarks. Innovative: Being innovative to create sustainable value.

Siemens – Business Model

The Siemens Business model is divided into the following five main sectors and 19 divisions. Briefly, these are:

Industry – This sector includes Industry Automation, Drive Technologies and Customer Services divisions.
Products and services – Products in this category include building automation equipment and systems, building operations equipment and systems, building fire safety equipment and systems, building security equipment and systems, motors and drives for conveyor belts, pumps and compressors, heavy-duty motors and drivers for rolling steel mills, compressors for oil and gas pipelines, mechanical components, automation equipment and systems for production machinery and tools and industrial plants for water and raw material processing.
Energy – This sector includes Fossil Power Generation, Wind Power, Solar and Hydro, Oil and Gas, Energy Service and Power Transmission divisions. The company earned 26.6 billion Euros in Revenue in 2013. At present, it employs about 83,500 employees.
Healthcare – This sector includes Imaging and Therapy Systems, Clinical Product, Diagnostics and Customer Solutions divisions. The business unit is based in Erlangen, Germany with regional presence in different areas around the world. The company formally became Siemens Medical Solutions in 2001 and Siemens Healthcare in 2008. The company employs 49,000 employees with a larger concentration based in Germany.
Infrastructure and Cities – This sector comprises the Rail Systems, Mobility and Logistics, Low and Medium Voltage, Smart Grid, Building Technologies and OSRAM. This sector works towards solutions for urban mobility, environmental protection and energy conservation. The company employs close to 87,000 employees.

Siemens – Growth and Revenue

Siemens AG revenue for the twelve months ending June 30, 2020 was $80.401B, a 17.09% decline year-over-year.

Year	Annual Revenue	Percentage change
2019	$98B	-0.87%
2018	$98.856B	+7.73%
2017	$91.761B	+3.87%

Siemens – Funding And Investors

Siemens funding has raised a total of $5.2 Billion in funding over 2 rounds. Their latest funding was raised on Mar 15, 2018 from a Post-IPO Equity round.

Announced Date	Round	Amount
Mar 15, 2018	Post-IPO Equity – Siemens	€4.2B
Jul 19, 2010	Grant – Siemens	$8.9M

Siemens – Investments

Siemens has made 24 investments. Their most recent investment was on Apr 28, 2020, when Amply Power raised $13.2 Million.

Date	Organization Name	Round	Amount
Apr 28, 2020	Amply Power	Series A	$13.2M
Nov 28, 2018	ChargePoint	Series H	$240M
Jun 11, 2018	Claroty	Series B	$60M
Jun 1, 2018	ScreenPoint Medical	Venture Round	€4.3M
May 15, 2018	Northvolt	Venture Round	€10M
Nov 14, 2017	ubitricity	Corporate Round	–
Oct 1, 2017	Exchangium	Seed Round	$900K
Aug 16, 2017	Swinburne University of Technology	Grant	$135M
Jun 28, 2017	ChargePoint	Series G	$43M
May 2, 2017	Bonsai	Series A	$7.6M

Siemens – Acquisitions

The Siemens acquisitions list is long as they have acquired 69 organizations till date. Their most recent acquisition was Abacus Medicine on Jul 15, 2020.

Acquiree Name	Date	Amount	About Aquired Company
Abacus Medicine	Jul 15, 2020	–	Abacus Medicine is a large and growing business, a company where diversity is treasured
UltraSoC Technologies	Jun 24, 2020	–	UltraSoC Technologies provides SoC infrastructure to enable rapid development of embedded systems
Controls and Switchgear Ltd.	Jan 24, 2020	$297M	Controls and Switchgear Ltd. is a producer of electrical power distribution and switching systems
MultiMechanics	Nov 15, 2019	–	MultiMechanics is a CAE software company
Process Systems Enterprise	Sep 16, 2019	–	Process Systems Enterprise provides engineering and innovation services to the process industries
ESTEQ	Jun 11, 2019	–	ESTEQ is a distributor of product lifecycle management, product design and simulation, and manufacturing operations software and services
Mendix	Aug 1, 2018	$700M	Mendix is the fastest and easiest high-productivity platform to create and continuously improve multi-channel applications at scale
Comfy	Jun 26, 2018	–	Comfy connects people, places, and systems through one intuitive workplace app
Austemper Design Systems	Jun 22, 2018	–	Austemper Design Systems is an electronic design automation tools company that provides a comprehensive tool-suite
J2 Innovations	May 17, 2018	–	J2 Innovations is the creator of FIN Framework, an advanced, open, customizable software platform for building automation & IoT applications

Siemens – Competitors

Siemens’s top competitors include Schneider Electric, ABB, General Electric, Toshiba, Bosch, BHEL, Mitsubishi Electric and Philips.

Siemens – Challenges Faced

A big issue was initially Siemens had Group Presidents that were also members of the overall firm’s managing board, which can present a conflict of interest. It is not customary for firms to have members of the board that are also sitting in positions of power within the company. It can make it difficult to be able to provide an un-bias opinion on controversial issues or decisions to be made at a corporate level.
There seemed to be a lack of structure within the corporate departments within the company. There were far too many groups and sub-groups in the corporate centre. There were five corporate centres, as well as five sub-corporate centres. This is seemingly an excessive number of departments within departments that can cause immense communication disconnects.
Siemens profit was stagnant for a period, despite a significant increase in sales. This was a major concern of shareholders. There is usually a problem if a business plan consists of improvements in sales, but not much improvement in profit over a prolonged period of time.
The top⁺program, while effective, was still missing something to help with the corporate environment of Siemens. Siemens still had somewhat of an unstable environment as a whole on the corporate level. Although the top⁺ program was implemented, there still were gaps in which Siemens could improve.
A more inclusive program needed to be developed, to still include the initial base of top but also detailing additional necessary strategies. This was part of Siemens’ projected plans throughout the 10-year period. However, many of the developed programs did not succeed as the initial program did. Therefore, they were constantly changing and not providing a stable plan for the company.

Siemens – Future Plans

When you think of a German multinational engineering and electronics conglomerate company, you immediately think of Siemens. The company decided to enhance its capability to respond rapidly to the increasing number, scale and complexity of Internet threats. This was also an opportunity to simplify its network and security operations to enable faster and more effective response management.

They have set 7 goals for the implementation of Vision 2020+.

Grow company value
Sharpen business focus Electrification, Automation and Digitalization
Be a partner of choice for our customers
Get closer to our markets
Live lean governance and drive continuous optimization
Be an employer of choice
Ignite pride and passion for Siemens through Ownership Culture

Frequently Asked Questions – FAQs

Is Siemens a British company?

No, Siemens is a German company, headquartered in Munich.

What does Siemens company do?

Siemens is a conglomerate company which deals with anything from power generation, transmission and distribution to smart grid solutions and the efficient application of electrical energy to areas of medical imaging and laboratory diagnostics.

What does Siemens AG stand for?

Siemens AG stands for Siemens Aktiengesellschaft.

April 9, 2021

Tag: healthcare

List of jobs that will be automated by 2022

Cashier

Telemarketers

Drivers

Travel Agents

Banking Jobs

Librarian

Editors & Proofreaders

Doctors

Receptionists

Customer Service Executive

Conclusion

FAQs

What jobs will become automated?

How many jobs could be automated?

Bayer Diabetes Care

Creative Recreation

Dexcom

Diet Coke

Conclusion

FAQs

Is celebrity endorsement good or bad?

Is Nick Jonas Diabetic?

What is the Nick Jonas net worth?

3Hcare – Company Highlights

About 3Hcare

3Hcare – Healthcare Industry Details

Founders of 3Hcare and Team

3Hcare – How was 3Hcare Started?

3Hcare – Name and Logo

3Hcare – What is 3Hcare?

3Hcare – USP and Innovation

3Hcare – Revenue Model

3Hcare – Funding and Investors

3Hcare – User Acquisition

3Hcare – Startup Challenges

3Hcare – Future Plans

3Hcare – FAQs

Does 3Hcare provide Healthcare services?

How much is the registration fee to use 3Hcare?

How is 3Hcare review?

Who is the 3Hcare founder?

How much is 3Hcare funding?

Who are the competitors of 3Hcare?

Best Business Ideas For Healthcare

Medical Transcription Services

Retail Medical Shop

Home Medical Services

Healthcare Mobile Apps

Healthcare Websites

Physical Therapy Center

Diabetes Care Center

Gym or Fitness Center

Medical Record Management

Manufacturing of Healthcare Equipment

Conclusion

FAQs

What is healthcare?

Why is healthcare important?

What is the purpose of healthcare?

How to start a healthcare business?

Is healthcare a business?

ElaWoman – Company Highlights

About ElaWoman and How it Works

ElaWoman – Target Market

How was ElaWoman Started?

ElaWoman – Services

ElaWoman – Founders And Team

ElaWoman – Name, Logo, And Tagline

ElaWoman – User Acquisition

ElaWoman – Startup Challenges

ElaWoman – Funding

ElaWoman – Future Plans

ElaWoman – FAQs

What is ElaWoman?

Who is the founder of ElaWoman?

Is ElaWoman an Indian brand?

Tattvan – Company Highlights

Tattvan – About & How It Works?