OurHealthMate : An Online Healthcare Startup Targeting 22 Million NRIs!

Must Read

Net Worth Of Jeff Bezos Is More Than Combined Net Worth of India’s Top 10 Richest People!

Jeff Bezos and the phrase 'World's Richest Person' has become synonym to each other. But after the...

Search Engine Optimization In Digital Era: Look Beyond Traffic

Search engine optimization, aka SEO, plays a vital role in today's online world, especially if it's about...

After Banning Apps, India To Clamp Down On Startup Investments From China

The recent border conflict between India and China has led to the Indian Government to actively take...

Working in the mainstream Healthcare Industry has always been a conservative profession that tends to give bold, risky startups a miss. In some respect, it makes perfect sense to setup a venture, as this is still an untapped industry where not many players are trying their luck. But the exploding internet growth has convinced many entrepreneurs to test the waters and as a result several accelerator and incubator programs have popped up in the last two years to help fund heath-related startups with the potential to transform patient care.

OurHealthMate, one such healthcare startup, incubated in 2013, has placed its bet on the online healthcare industry, estimated worth $150 billion by 2020. Detouring from the traditional styled healthcare services, OurHealthmate is focused on the growing challenges among Indian professionals who want to take care of their distanced parents remotely.

Abhinav Krishna: OurHealthMate

The remote health checkup is a growing industry as Indians overseas are sending nearly $10 billion for their parents’ heath checkup. However, despite of no financial challenges many times parents don’t follow their health calendar and if they do so, there is no on-demand system that could keep children updated about parents’ health condition and reports coming out of their health checkups. OurHeathMate makes sure parents go for regular heath check ups, everything prepaid straight to the doctor and receiving the feedback without any communication gap. This allows children to remotely manage their parents heath check, budget, regular expenditure and allows them to act in emergency situations, says Abhinav Krishna, CEO & Co-Founder OurHealthMate.

The global healthcare service market is expected to reach $3 trillion by 2015. In developing countries like India where internet is an integral part of human lives, providing healthcare services via internet is still a challenge. However, the supporting ecosystem of the healthcare industry – the likes of reporting, maintaining heath data with anywhere accessibility, is largely being powered with technology.

Advertisements

There are 22 million Indian residents staying overseas and 10 million of them just expats. 80% of $70 billion coming to India through NRIs comes from six countries. So, we can see that this population is very concentrated sending money for an exact cause and that’s what makes it a lucrative market to tap, adds Abhinav.

Currently, OurHealthMate is operating in India, Singapore and USA. Underneath is the full-length interview of Abhnav Krishna talking about the market opportunity, investments, operations and challenges.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Instagram Reels In India: A Possible Death For The Indian Alternatives Of TikTok?

After the Indian Government banned the popular short-form video app TikTok along with 58 other Chinese-origin apps,...

How People Set Their Passwords: 123456 Is The Most Common One [STUDY]

Do you know why hackers quickly gain access to your system or online accounts?  It's because the passwords are...

Will The Ban On TikTok Be Revoked?

The ban on TikTok is the talk of the town. All hell broke loose for Tiktok when the popular short-form video platform...

Global 5G Chipset Market: $22.41 Billion By 2026, Driven by 5G Smartphones

As the world has started shifting from 4G to 5G era, the global 5G chipset market has started attracting the eyeballs of...

Launch Of JioMeet Will Make Zoom To Be The 60th Chinese App To Get Banned In India?

Today as soon as the launch of JioMeet was formally announced by Mukesh Ambani, the frontman of Reliance Industries, people quickly found...

Intel Invest in Jio Platforms: A Chance For Redemption In The Smartphone Market?

If you thought Mukesh Ambani was finally going to stop the stake selling spree in Jio Platforms after RIL was recently announced...

In-Depth: Dprime

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

Fantastic 4: Four Day Work Week A Flashpoint Of Innovation?

It has been an idea that has been mooted by many, perhaps also somewhat sceptically. From being a dark horse to becoming...

TikTok Is Facing The Wrath Of People Who Love It The Most

Ever since the popular social media app TikTok entered India, it has been growing very aggressively in terms of users. Within a...

More Articles Like This