Imagine if a person is able to search for laboratories, doctors and even book their appointments through an app, just at the click of a button. Better still, if the app is able to provide intelligent insights into one’s futuristic health risks and offer the facility to capture health information easily at home from smart health devices and share it using smartphones. Sounds futuristic, especially the latter part, isn’t it? But a tech startup from Pune is precisely working on similar lines to, what it calls, disrupt the way healthcare is delivered and experienced by people.
Recently, ThingsMeet Solutions, the tech start-up launched their first healthcare app Prescribez in Pune. A consumer centric health service aggregator, Prescribez makes collaboration between consumers and service providers like doctors, labs and pharmacies easy, by bringing them on one platform. It allows the users them to search and avail health services through the app in an easy and affordable way.
“It’s a seamless platform for an individual’s health information management,” says Neeraj Joshi, co-founder & CEO, ThingsMeet Solutions. “The user interface of the app is simple and easy to use for both the end consumer and doctors and clinics. Today we already have 700 doctors on the platform in Pune alone and growing rapidly,” he adds.
“We are trying to create a borderless health collaboration ecosystem. With more than two decades of experience in healthcare and technology, we understand that there has been a lot of advancement in technology in healthcare but the area of health IT continues to remain under-explored. This is where Prescribez comes in,” says Neeraj, whose partners in the venture include Manish Bandil (co-founder and director (product engineering), Cherag Mehta (co-founder and director (business development) and Jayant Kaduskar, co-founder and CTO.
Origin of the idea
Detailing his startup story, Neeraj tells FE: “We (founders) have been friends in Infosys for more than a decade and used to discuss about the health issues faced by our parents, relatives and friends as they are not able to manage their health better, typically in chronic conditions like diabetes, hypertension etc. We always felt that technology can play a much larger role in addressing healthcare challenges.”
Elaborating his viewpoint, Neeraj remarks: “When we looked around, we realised that this problem is not isolated to our friends and relatives but is present in a significant section of society. Indian middle class is growing at a rapid pace and so are the health issues. Sedentary lifestyle, changing eating habits and work related stress are leading to rapidly rising lifestyle related disorders. With proliferation on mobile and internet in India in last couple of years and our background in health technology, we thought now is the time to a start a venture in digital health.”
In a widespread healthcare industry, the delivery of service is highly fragmented. Provider centric approach, lack of digital health information and inability to port across providers are major problems. ThingsMeet Solutions’ product Prescribez addresses these problems. Technology, when combined with healthcare and education, is always a good bet, with even the government supporting it, says Ankush Mehta, an angel investor, who has invested $145,000 in May 2016 as seed capital in Prescribez. The funds raised so far will be used for product development and
Business success so far
Prescribez, the app for people has been launched on Android about a month back. “We are now launching Prescribez Doc app for doctors soon. We have already enrolled more than 700 doctors from Pune on our platform and more than 25 pathology and diagnostics labs. We have got a good feedback about the app as people are looking for something which can help them in finding doctors and booking appointments. We will be adding more functions like lab test scheduling, home visits etc. to make this app more useful for people,” informs Neeraj. “The founders have initially contributed their own funds and time. In the month of May 2016, we have raised seed funding of $145,000 from angel investor Ankush Mehta. As we expand further, we will be raising funds from institutional investors going forward,” he adds.
As for the future, Neeraj says, “We will focus on preventive and wellness services like screening for diseases, nutrition management and stress management. From market perspective, we have started in Pune and plan to start in Mumbai towards end of this year. We will expand to 10 metro cities in India in next two years.”
In summary, Neeraj says, “Our vision is to create Prescribez as one stop destination of all health related needs of people. Given the increase in healthcare spend in India, we think that this sector offers significant opportunity to leverage health IT. With growing use of smartphones, internet and smart devices, it is just a matter of time that people will start using digital technology to manage their health. Prescribez wants to be their partner in this journey.”