Ranjith Menon

Thoroughly enjoyed my conversation with Harbinder !! We are at an inflection point in India on Consumer health !! Bio science + Data/AI will massively disrupt this space !! Do write to me if you are an entrepreneur disrupting this space !! #consumerhealth #innovation

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Senior Care Reforms in India - Reimagining the Senior Care Paradigm I recently summarized a 140-page report by the Government of India on senior care reforms. This detailed paper proposes crucial changes to improve care and support for our aging population. In this post, I’ll share key insights and takeaways. Whether you're in healthcare, policy, or simply care about elder support, these findings are essential for understanding the future of senior care in India. #SeniorCare #ElderlyCare #HealthcareReforms #India #Finance #Research

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Co-lead a workshop (with Sumathi my business partner and Komal lath of Tute Consult) on branding and communication and why/how its' strategic & important for the portfolio companies of an early stage growth focused PE fund in Mumbai this noon. very interactive session. lots of takeaways. one of the biggest benefits of doing such workshops with founders and CXOs of growth companies is that you get to first hand understand their pain points and priorities. which makes you realize there is a long road ahead laden with great opportunity for those in PR & comms if we take off our hats and look at it from their perspective.

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Great article in the ET highlighting Apax Digital and Buyout strategy in India! We are spending a lot of time on the ground with high quality entrepreneurs. “On the digital side, we are looking to back businesses - both minority and control - with a very flexible mandate on backing businesses growth, hypergrowth and helping companies on the digitization journey. Thematics like software, classifieds, online marketplaces, digital brands are areas that are interesting. We do see the valuation environment is more attractive now with the digital fund spending a lot of time on the ground in India.”

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Eye care chains are turning to be pall bearers in healthcare service delivery industry in India. PE funded players grew by 46% ( median) YoY, along with profitability. And with current acquisitions spree, the next phase of scaling up is to penetrate the Tier -2/3 cities. #healthcareIndia #eyecarechains

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Useful framework for B2B GTM 1. Not aware of problem or solution - Outbound 2. Aware of problem, not of solution - Outbound supported by content, organic reach, thought leadership 3. Aware of problem and solution - Performance marketing + SEO led inbound via Shruti Kapoor in this excellent piece by Rohit Kaul https://lnkd.in/ghdcUADa

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"Welcome to Startups For Breakfast! Join me, Ravi Venkatraman, as I dive deep into the world of healthcare disruption with Rajiv Sikka, the CIO of #MedantaHospitals. In this second part of our episode, we explore how technology is reshaping the startup ecosystem, especially in healthcare, where there's zero room for error. Rajiv shares insights on why startups can't afford to experiment in healthcare and the urgent need to embrace technology amidst the fast-paced changes in the industry. Don't miss out on this insightful discussion! Subscribe now and tune in every Thursday at 6 PM for new episodes." #StartupsForBreakfast #Podcast #HealthcareInnovation #MedantaHospitals #TechnologyDisruption #HealthcareStartups #HealthTech #DigitalTransformation #RajivSikka #CIO #HealthcareIT #StartupEcosystem #HealthcareTech #HealthcareIT #MedicalInnovation #TechInHealthcare #DigitalHealth #FutureOfHealthcare #HealthcareIndustry #InnovativeHealthcare #HealthcareTrends #HealthcareLeadership #HealthcareManagement #TechLeaders #StartupLife #Entrepreneurship #TechAdoption #HealthcareAdaptation #MedicalTechnology #DigitalHealthcare #HealthcareEvolution #HealthcareInsights #MedTech #HealthcareDiscussion #HealthcarePodcast #TechPodcast #StartupPodcast #ThursdayThoughts #DigitalDisruption #TechInnovation #HealthcareSystems #HealthcareSolutions #HealthcareDelivery #HealthcareInformatics #HealthcareConsulting #HealthcareProfessionals #HealthcareServices #TechIntegration #PodcastLife #SubscribeNow #StayTuned

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A significant milestone for Venture Catalysts' latest fund, VC Grid. Our team at VC Grid is making waves in the startup ecosystem with its recent investment in Ideal Insurance, a leading insure tech platform. In  collaboration with family offices and high net-worth individuals, VC Grid has contributed to an impressive pre-series funding round of Rs 8 crore, totaling a $1 million investment. This funding round also saw participation from industry veterans such as Sagar Daryani of Wow! Momo and Artha Group, among others. Founded by Rahul Agarwal, CA Ravi Kothari, and Rahul Mohata, Ideal Insurance is poised to capitalize on India's burgeoning insurance market, expected to reach $1.3 trillion by 2030.With ambitious targets of achieving a premium collection surpassing Rs 1,100 crore and an EBITDA of Rs 33 crore within the next two years, Ideal Insurance is now gearing up for its next phase of growth. To support this expansion, Ideal Insurance is seeking to raise $10 million at a valuation ranging from $70-90 million. Exciting times lie ahead as we continue to champion innovation and growth in the startup landscape! Venture Catalysts++ | India's 1st Multi-Stage VC, 9Unicorns, Anuj Golecha, Anil G Jain, Gaurav Jain, Vansh Oberoi, Sidhi Dalmia, Shreeyesh Chandgothia, Anusha Bhat #VentureCatalysts #AngelInvestor #VC #IndianStartups #StartupInvesting #InsureTech #VCGrid #IdealInsurance #StartupFunding https://lnkd.in/dRThdKp2

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Sage advice

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Discover why AI's future is Indian! 🇮🇳 I recently spoke to The Economic Times about SenseAI Ventures' latest WhitePaper, which reveals how India is poised to lead in AI adoption. From SaaS dominance to untapped AI tooling potential, find out what the future holds for Indian AI startups. Explore the full WhitePaper: https://lnkd.in/dC8jQU6j Check out the Economic Times article to learn more about these recent developments. SenseAI Ventures #ai #indiaai

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We fund (via W Health Ventures) and found (via 2070 Health) healthcare ventures and often ask ourselves what does it take to forge a successful healthcare startup. Pankaj and I share some (rather unfiltered) thoughts in this op-ed around:   ➙ Identifying the right patient problems [by conducting empathetic patient interviews and understanding clinical workflows better by having doctor conversations] ➙ Crafting innovative solutions [by looking at global innovation, contextualizing them for India, and mapping the solution with a multi-stakeholder patient journey] ➙ Building the right 0 to 1 team [assembling a complementary team, with co-founders and early team members whose skills align like a piece of jigsaw]   In short, establishing and sustaining a healthcare startup in India demands strategic acumen, and also involves navigating mental, emotional, and financial challenges. Cheers to all founders and builders out there! Thank you YourStory Media for the coverage. #healthcare #VC #investing #digitalhealth Tushar | Vedika | Shailja

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Only TWO days left to apply for the RippleX Fellowship program! If you are a student/dropout/recent grad building a b2b software company in Canada/US, this is the program for you. In our last batch we had some amazing mentors like: - Braden Ream (CEO, Voiceflow): Mastering storytelling and navigating selling into enterprises - Rahul Parmar (Prev. Senior Director of Sales, Drata): Sales 101 – Converting pilots to real revenue, creating urgency among buyers, and best practices to manage a sales process - Nicholas Chepesiuk (CEO, OnCall Virtual Care, now part of Qualifacts): Striving towards product-market fit, utilizing creative outbound strategies, and the importance of building trust with customers in the early days - Justin Sky (CEO, Rose Rocket): Identifying venture-scale markets, learning when to pivot, and building strong organizational culture - Josh Gray (CEO, Artemis): Conducting customer validation, segmenting your ICP, and advice for young founders Apply here: https://lnkd.in/e2iAu6vi

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👇 We're curious to hear from you! What is the biggest challenge your facility is currently tackling? Tackling Healthcare Challenges in Chennai: Insights from Elixir Care Team https://lnkd.in/girCMstY At Elixir Care, our recent collaboration with hospitals in Chennai has unveiled critical challenges that healthcare facilities often grumble about. Through our health facility development services, we've pinpointed key areas needing immediate attention – particularly in staff training and administration. 🔍 Our Findings: -Staff training that doesn't meet the current needs. -Bottlenecks in administrative processes. -A gap in seamless healthcare service delivery. Armed with these insights, our dedicated team is now more focused than ever on tackling these issues. We are committed to enhancing operational efficiency and boosting staff skillsets with tailored solutions. 🙌 Join Us on This Journey Are you facing similar challenges in your facility? Could your operations use a strategic overhaul? Let's start a conversation about how Elixir Care can help your organization reach its full potential. For more insights and updates, follow us and join the healthcare revolution with Elixir Care! #extendinghealth #ElixirCare #HealthCare #HealthcareManagement #HospitalEfficiency 

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V3 Ventures Deal Announcement: Creme Castle - A tech first driven assembly line bakery for Bharat! 🔥 While I was evaluating this file, a lot of people said - bakery? There are 100s of home bakers. How is this scalable? I would have agreed, until I met Pranjay Mittal, who brought innovation from IIT-D, FMS and CarDekho Group to his mom’s humble bakery in Noida. You might remember their Shark Tank episode where his mom famously said, “Main neend mein baking kar sakti hu” 😊 That passion is exactly what we want in founders! From a small bakery in Noida to now clocking monthly sales of over 1 Cr, Creme Castle is disrupting the $12.6 billion Indian bakery industry. 🎂 Here is why we invested… ✅Changing consumer behavior from mithai → cakes & desserts India is a land of festivals and no festival is complete without mithai. However, cakes & desserts are now taking center stage in these celebrations. as the Gen Z takes over. We all know India is trading up. So, there's a growing demand for Tiramisu in Tier 2 and 3. But, we’re lacking a player. ✅The Assembly Line Model: And, we need a player that’s standardized. The biggest problem with F&B is that when you order from the 2nd and 3rd outlet - the product isn’t as good. This is the most unique part of Creme Castle. Cakes are made in 3 components in a central kitchen - base (sponge), icing and customization. At spoke kitchen it’s only about putting these parts together - thus ensuring quality! ✅This industry is regionalized and heavily fragmented: Think about it, growing up, we all had cakes from our favorite local bakery. Every city has one, but when we moved for college or work - it wasn’t there. Cakes have a nostalgia factor associated with it and so making this change is hard. With all of this Creme Castle is can offer something India hasn’t seen before: - 100% customized cakes in just 2 hours - World's highest # of flavor profiles to choose from They have >10 Lakh loyal customers with a 60% repeat rate and we’re all geared up to expand from NCR to Jaipur and Chandigarh! We’re excited to back the mother-son duo of Veena and Pranjay to disrupt India’s cake market 🎂 What’s do you order cake? PS: Delhi-NCR folks, give us a try. Even available on Blinkit! #india #investment #startup #investor #entrepreneur

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Nitin Sharma and Rajiv Srivatsa are committing $10M from Antler India into stellar idea-stage companies in the coming 6 months—$500K per company X 20 investments. They will work with you in your ambiguous -1 to 0 phase. To know more details, join the Antler Ama event happening next week. Kindly Check the event link in the comment section. Source: Twitter #venturecapital #startup

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Funding Alert! Exciting developments at Artha Venture Fund as we announce InstaAstro’s successful raise of ₹18.50 crores ($2.30m) in a Pre-Series A funding round that we led with amazing co-investors including @logX Ventures, Singularity Ventures, IR Capital Partners, Blume Ventures Founders Fund, and Aloke Bajpai of Ixigo.   Why InstaAstro? Nitin Verma's brainchild, InstaAstro has rapidly ascended as a leader in the online astrology market. With a robust user base engaging in over 50,000 minutes of consultations daily and consistently growing to a $5M ARR, their trajectory is nothing short of stellar.   What’s Next? InstaAstro is not just scaling—they're innovating. With the new funding, they're set to unveil an expansive suite of spiritual e-commerce and Reiki healing services. These initiatives aim to deepen user engagement and expand InstaAstro's reach into comprehensive spiritual guidance.   👉 https://bit.ly/4dG1Yj9   #arthaventurefund #funding #VentureCapital Artha Group

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We are delighted to launch our newest Bluprint, or report, on the Eldercare space. First, what is a Bluprint? Well, Bluprints are how we make sense of emerging sectors or spaces, at Blume Ventures. Each Bluprint dissects a sector, maps out the landscape in one or many 2x2s, understands rubrics for success, and attempts to identify and rank promising startups on their distinct right to win across these rubrics. Bluprints help us sensemake sectors and track interesting opportunities. It helps us initiate conversations and spur serendipity. That said, a Bluprint is not the final word or answer on any sector. Rather it is an endeavour to ask the right questions. It is the beginning of an exploration, and publishing Bluprints and making it public, allows us to get feedback on the Bluprint, learn from founders and practitioners, and thereby refine our thinking. Hopefully, it will also help aspiring founders and observers garner an outside perspective. Our latest Bluprint is on the eldercare space. My ex-colleague Radhika Agarwal and then-intern Simran M. cowrote the Eldercare Bluprint for us. Post their departure, my colleagues Marmik Mankodi and Nachammai Savithiri R put in the final touches. In the Eldercare Bluprint, We have identified five broad categories of opportunities linked around various seniors' pain points, including health, lifestyle, safety, and financial well-being. We believe that children, particularly those living overseas while their parents reside in India, often play a crucial role in deciding to pay for eldercare services. Our findings highlight several areas with high willingness to pay, such as nutrition supplements, concierge services, senior homes & assisted living, fitness, social & entertainment, mobility aids, senior tourism, and insurance. We believe that a full-stack approach may well emerge as an effective way to serve elders' needs, as they are more likely to adopt a single, trusted channel for all their requirements. We are excited to release this to the world. Link to Bluprint: https://lnkd.in/dhQnVYgn For those who want a quick glimpse into the report, here is a post on our website: https://lnkd.in/d2qrJKQD We would love to get your reactions!

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HealthTech will be the next growth story in India. 🇮🇳 🚀🚀 Traditionally, India’s healthcare system has been fraught with challenges 😔. However, the startup’s has been making concerted efforts to bridge these gaps through innovative models and technological advancements 😎. This evolution signifies a paradigm shift in how healthcare is conceptualized, delivered, and experienced. Why it’s an urgent need 🔥🔥🔥 👉Population Dynamics: Growing Population: With a population of 1.38 billion and a density of 422 people per square kilometer in 2023, India is projected to reach 1.47 billion by 2031. It is set to become the most populous nation by 2025. 👉Aging Population: The geriatric population in India has risen from 6.4% in 1981 to 10.1% in 2021 and is expected to reach 13.1% by 2031. 👉Healthcare Expenditure:Total Health Expenditure: In 2018-19, India’s total health expenditure was estimated at INR 5,96,440 crore, representing 3.2% of GDP, or INR 4,470 per capita. 👉Government Spending: Government expenditure on healthcare was only 2.1% of GDP in 2022-23, the lowest among BRICS nations. 👉Out-of-Pocket Expenditure (OOPE): Although OOPE has decreased from 64.7% in 2015 to 50.6% in 2020, it remains significantly higher than in many developed nations. 👉Human Resources in Health (HRH):Workforce Shortage: India has approximately 4.6 million HRH, with a density of 33.5 per 10,000 population, the lowest in BRICS nations. The country faces a shortfall of ~1.5 million HRH. 👉Future Projections: At the current rate, India will meet its HRH demand by 2040, a decade later than the target of 2030. 👉Rural-Urban Disparity:Resource Distribution: While 70% of the population lives in rural areas, only 40% of hospital beds are available there. Additionally, 73% of healthcare resources and specialists are concentrated in urban areas, leaving rural regions underserved. 👉Cost Dynamics:Rising Costs: Average operating revenue per bed has increased by ~50% for leading hospitals in recent years. Medical inflation, observed at 14% to 16% in 2021, has escalated hospitalization costs as hospitals pass on the inflation to materials, medical devices, equipment, consumables, and staff costs. 👉 Medical Inflation: stands at 13% 🔥🔥🚀🚀At Mykare : We are dedicated to solve this large problem and to create a billion dollar company . We are excited 🔥🤩 In summary, HealthTech startups will be a pivotal for transforming India’s 🇮🇳healthcare landscape. By leveraging technology, India can overcome its healthcare challenges, ensuring equitable, efficient, and high-quality healthcare for all its citizens. 🚀🚀🚀🔥🔥💪💪 #HealthTech #HealthcareTransformation #IndiaHealthcare #DigitalHealth #InnovativeCare #FutureOfHealthcare

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