Dr. Pankaj Jethwani, CEO of 2070 Health, expressed the studio’s commitment to leveraging their team’s extensive experience in building healthcare, technology, and consumer companies. By doing so, they aim to accelerate the growth of their companies faster, better, and more cost-effectively compared to traditional startups, particularly during the challenging early stages of company building.
Over the past nine months, 2070 Health has already launched three companies: ElevateNow, Nivaan Care, and Reveal HealthTech. The healthcare industry, known for its slow pace of change, relationship-driven nature, regulatory complexities, and navigation challenges for new entrants, presents unique obstacles for building healthcare companies in India. Sunil Wadhwani, a serial technology entrepreneur and President of W Health Ventures, emphasized the need to address these challenges by investing in 2070 Health.
W Health Ventures is a healthcare-focused VC firm that invests in both US- and India-based companies dedicated to addressing critical unmet healthcare needs through technology-driven solutions. In March, the fund invested $4 million in Reveal HealthTech, a US-based company providing cross-functional technology services to healthcare organizations, along with engineering, clinical, and strategic support.
In conclusion, with the support of W Health Ventures’ $30 million investment, 2070 Health is poised to revolutionize healthcare in India. By nurturing innovative ideas, rigorously validating them, and launching purpose-driven companies, they aim to have a lasting impact on the future of healthcare for one billion Indians within the next decade.
Follow us for more healthcare news and innovative solutions that are shaping the future of the industry. Thank you for reading!