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T-Hub today revealed the launch of its health tech Arcade Program in collaboration with Optum. Optum is an IT-enabled health solution business which is dedicated to helping people live healthier lives.
This edition of the arcade series is much more focused on helping the corporates source startups that can solve challenges in the focus area of polychronic and chronic disease management, digital health, diagnostics platform, digital health and Deeptech analytics in the healthcare sector.
It also aims to support the startups by connecting them with industry experts, which include the mentors, hospital executives, venture capitalists, large institutional executives, and private investors.
More than 20 startups got the opportunity to showcase their solutions and products to Optum and to other leading industry and investor giants such as the SRI capital, Dr. Reddy’s labs, National health Authority among others.
The startups that were shortlisted include the Health Solutions, NanoHealth, Vihati Techno health, healthcon, Welltherauptics, Mapmygenome, Dipitr, and Onward health. They also benefited by getting this opportunity to network with the prominent ecosystem players to expand their business horizons.
Ravi Narayan, CEO, T-Hub, said in a statement, “Technology has touched nearly every aspect of urban life in India. However, we are yet to match the level of technological advancements in the western world, especially in healthcare. The Indian healthcare market is expected to be valued at $372 billion by 2022, and it’s an exciting opportunity for entrepreneurs.”
Varun Jhaveri, OSD, National Health Authority, said in a statement, “The inception of Ayushman Bharat has greatly increased access to quality healthcare, and it is imperative that we increase the overall efficiency of the healthcare system. The landscape of Indian innovations in healthcare has drastically widened and is one of the foremost answers for increasing quality, accessibility and affordability of healthcare.”
