Several startups are poised to revolutionize the healthtech sector, and one to watch is Watch Your Health, an AI-powered B2B healthtech platform that recently secured $5 million in funding. The new investment was provided by early-stage venture capital firm Cornerstone Ventures and Singapore-based investment firm Conquest Global.
Watch Your Health was founded in 2015 and essentially leverages AI-powered analytics to provide personalized health insights. It aims to empower individuals as well as organisations to take control of their health. The new funding is expected to scale up its operations and strengthen its technology infrastructure as well. The startup is looking to expand its user base not just in India but also abroad.
Co-founder Ratish Nair highlighted the company’s mission to transform health care through AI-powered insights and personalized care. He said this focus is especially timely as the global digital health market is growing rapidly and projected to reach $509.2 billion by 2025.
Watch Your Health has the ability to integrate the services of multiple healthcare providers. The company has partnered with a number of organisations, including Watania Takaful, Shalina Healthcare in the UAE, etc. These partnerships enhance the capabilities of the platform and provide users with a seamless experience in managing their health and wellbeing.
The impact of technology like Watch Your Health goes beyond personal health management: its intelligent algorithms improve retention, which can lead to discounts on underwriting premiums and help reduce claims.
The Indian healthcare innovation landscape is growing rapidly. The current opportunity is valued at $30 billion and is expected to double by FY28. Watch Your Health is set to become a significant player with its various strategic plans.
