Yash Chaudhary’s Post

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Founder | Healthtech | IIT Roorkee

Imagine a world where technology meets healthcare at every corner, enhancing every aspect of medical care. Yet, in India's bustling #startup ecosystem—a realm that celebrates billion-dollar valuations in fintech and e-commerce—health-tech lingers in the shadows, underfunded and undervalued. In 2023, out of the impressive $10 billion funnelled into Indian startups, a mere 4% made its way into #healthtech. This stark disparity not only highlights a significant oversight but also underscores a critical gap in a sector that impacts the very essence of human well-being. Investing in health-tech is not merely a financial decision; it's a commitment to securing a healthier future. Enhanced #healthcare technologies can lead to improved diagnosis, treatment efficiencies, and overall public health management. Globally, nations like the USA and Germany are pouring significant investments into health-tech, recognising its profound impact on health outcomes and economic stability. Contrastingly, India’s conservative investment patterns could lead to long-term challenges in the healthcare system’s capacity to manage emerging health issues. In this under-explored frontier, Flabs is making a difference. Our mission is clear: enable every individual to access quality healthcare, beginning with the diagnostic labs that form the backbone of medical diagnosis. Our innovative SaaS platform is revolutionising how these labs operate, significantly boosting their accuracy and efficiency. This enhancement in lab operations directly translates into improved healthcare services for the end consumer. "The image below illustrates the stark contrast between India's rapid tech advancements and its outdated healthcare practices—time for change."

  • "Exploring the stark contrast between India's rapid tech advancements and its outdated healthcare practices—time for change."
Shivendra Sharma

IIT Roorkee| Product Management | Quantitative Strategy

1mo

Great team ✨

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