PHARMA LITERATI

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Beyond epharmacy, 1mg has expanded into doctor consultations and diagnostic lab services As per DataLabs by Inc42 estimates, the total capital invested in epharma startups has been $361 Mn (2014-H1 2019) 1mg cofounder Gaurav Agarwal said the company has over 12 projects live that use proprietary AI and ML models      Online pharmacy startups such as 1mg, Pharmeasy, Netmeds and Medlife made medicines more easily available in a wider distribution area. On the other end, Practo, Lybrate, Portea, mfine, and DocsApp sprouted up in the telemedicine and diagnostics space to make access to doctors easier,and gradually, healthtech startups have changed the face of Indian healthcare over the past five years.      As per DataLabs by Inc42 estimates, the total capital invested in startups operating in the epharma space between 2015 to H1 2019 is $361 Mn. The total capital inflow in the online pharmacy startups combined makes up around 20% of the total capit...

Docplexus was founded in January, 2014 when Phanish Chandra lost his brother to an illness that took too long to diagnose. With this initiative, Phanish hopes to create a network of medical professionals who can quickly connect with each other to collaborate on patient treatment or identify the appropriate expert for patient referrals so that other lives won’t be lost due to delay in treatment. Here’s more from Phanish Chandra, CEO and founder of Docplexus. There is a profound story behind why you started Docplexus ; tell us about it. I am from a family of doctors and many of my family members are doctors. But younger brother Manish and I chose engineering over medicine and graduated from IIT. A few years into his job Manish fell ill and we desperately tried to diagnose his illness. It took almost 8 months to find out that he was suffering from Neurocysticercosis. However, by the time he was diagnosed, it was too late. We lost him in an unfortunate way. It was a big shock f...