This Home Healthcare startup is your answer for better patient outcomes
Advertisement
Advertisement
Services
Founded by Vipin Pathak, Abhishek Tiwari, Garima Tripathi, and Pranshu Sharma, Care24 is one of the India’s few funded home-healthcare startups. They provide personal and affordable healthcare assistance to patients within the comforts of one's home. Services dispensed include nurses, attendants, physiotherapists, nutritional guidance, pregnancy care, cancer care and infant care.
The company has also recently launched new lines of services that includes pharmacy delivery, surgical consumables delivery, diagnostic services and medical equipment services As patients need the continuity of care at home to recover physically, mentally, psychologically and emotionally fast with ease and comfort Care24 acts as an extended arm for the hospitals at their homes.
Traction & Monetisation Model
“Care24 is targeting to expand their business across all metros in the country within the next 12 months. Care24 has recently started their Delhi operations and will soon launching their services in Bengaluru, Hyderabad, Chandigarh and Ahmedabad during the next quarter. Also they are planning to take the patient count to 2,500 per day from the current 900 per day,” quoted Vipin.
Advertisement
Talking about the monetisation model, Vipin stated that they’re basically using three funnels:
Payment – Done through online and conventional channels directly to Care24. Care24 then processes payment to caregivers and other healthcare professionals strictly to the linked accounts.
Partner services – Revenue sharing model with the Partners rendering other services through us.
Supply Creation - Stringent screening, in-house training, Care24 backend tech onboarding and then assignment and feedback based extension.
Funding and Competition
Advertisement
The company has already closed a $4 million Series A from
When asked about the competition inside this market, Vipin said, “I welcome competition more than anything, because this is a new area and the category still needs to grow to solve problems of the population.”
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh