Entrepreneurs Konstantin Ryabtsev and Mikhail Vorobyov launched the Lifetime Health digital platform in India; At the start of the project, they attracted investments of 600 thousand dollars from SharesPro Ventures, Orion Health and Alexey Korolyuk (ex-REG.ru). The company informed RB.RU about this.
The Lifetime Health application allows you to order medical tests at home and also provides express diagnostic services, physiotherapy procedures, as well as nursing and post-operative care.
The service currently operates in Bengaluru, and in the future its geography will expand to other Indian cities. Five quarters after launch, the company’s expected revenue is $1 million per month.
The project has attracted partners in Bengaluru, including local laboratories Metropolis Health and Orange Health, as well as medical equipment company HealthCubed.
For medical staff, Lifetime Health has developed a standalone app that works on the Uber model.
According to the CEO and co-founder of the project, Konstantin Ryabtsev, today the Indian market looks very promising for medical projects. In the country there are only about seven doctors and the same number of hospital beds per 10 thousand inhabitants.
At the same time, only 20% of doctors work in rural areas; Residents have to go to big cities for treatment, even if they don’t live there.
“We see Lifetime Health’s mission as making healthcare more convenient and accessible to the people of India,” says project co-founder Mikhail Vorobiev.
In the next six months, the project founders plan to launch their laboratory and achieve full coverage of the city. The team will also prepare to scale to three new regions. By the end of 2024, Lifetime Health wants to increase its customer base to 50 thousand per month.
Author:
Natalia Gormaleva
Source: RB
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