Affordable and Quality Surgeries with Glamyo Health

Every year 30 million Indians undergo Secondary Care Surgeries. Of this the bulk, around 90% are conducted in an unorganised way due to lack of finances or facilities. Learn how Glamyo Health is chaging that.

Globally, the Secondary Care Surgeries market is valued at $20 billion. This number is expected to reach $30 billion by 2027. Surgeries in this segment include Urology, Laparoscopy, Proctology, Dental, Cosmetic and more. Every year 30 million Indians undergo Secondary Care Surgeries. Of this the bulk, around 90% are conducted in an unorganised way due to lack of finances or facilities. 

Despite having 44,000 private hospitals in India, only 10% of these belong in the organised sector. These were big hospitals chains like Apollo, Fortis, Medanta and others. Leaving tier 2 cities, tier 3 cities and rural parts of India to fend for themselves. To make quality healthcare accessible and affordable, Archit Garg and Dr Preet Pal Thakur launched Glamyo Health in 2019. 

Garg is a graduate of Oxford and has worked with institutions like  Deutsche Bank, Milestone Religare and Rabo Equity. His experience in building companies at the board level pushed him to start his own venture in the healthcare sector. Thakur is a clinician and a venture capital investor. 

The New Delhi-based startup is reimagining India’s Elective Surgery space by being a multi-speciality hospital with an Asset Light Model. They offer surgeries in 50+ areas including Laser, Dental, Lasik, Laparoscopy and more. They even have a cosmetic surgery vertical named Glamyo Beauty.  

This has helped the startup be present in 300+ locations in 16+ cities and with a team of 180 members. Along with this, they have seen patient traffic of 4 lakhs and over 1 lakh plus patients have taken counselling sessions. They have seen a monthly CAGR of 35%. Glamyo plans to scale up to 45+ cities by the end of FY23. 

The company has so far raised $7 million in funds. They had raised $6 million in their Series A round led by Ananta Capital. Other participants of the round were Agility Ventures, Udtara Ventures, Taj Kapoor of Fosun, Abhay Hanjura and Vivek Gupta of Licious, Stride VC, Ayush Jain, etc. They are now in talks to raise the Series B round. 

Will startups like Glamyo Health be able to make Indians take Secondary Care Surgeries in an organised market?

Tags : #GlamyoHealth #ArchitGarg #DrPreetPal #GlamyoBeauty #surgeries #surgery #funding #MediSpeak #smitakumar #medicircle

About the Author


Priyal Shah

Priyal Shah is a graduate of Media from Mithibai College, Mumbai. She is a writer, researcher and avid reader.

Related Stories

Loading Please wait...

-Advertisements-


Trending Now

Is Liposuction surgery safe? Know the side effects of Liposuction Surgery May 21, 2022
The BD 'Advances in Clinical Flow Cytometry' Event provides clinicians with a rich knowledge-sharing platformMay 21, 2022
Omega 3 fatty acids – The essential fatMay 21, 2022
Vitamin B12 – Deficiency and sourcesMay 21, 2022
CDSCO has approved Boehringer Ingelheim's Jardiance for the treatment of heart failure.May 20, 2022
Hanuman raises over $.5 million to expand its emergency medical response services in Bihar, Jharkand and UP May 20, 2022
Sudden Infant Death Syndrome (SIDS) – Causes and preventive methodsMay 20, 2022
Healthcare Innovation Challenge: Data's Expanding Role in the Healthcare SectorMay 20, 2022
Homeopathy in Pregnancy - Homeopathy Treatment | MedicircleMay 20, 2022
MetroMedi launches the MetroMedi Relief platform for mental and sexual health wellbeing.May 20, 2022
Top Health Benefits for Butter milk May 20, 2022
Sumit Agarwal- Born with Cerabral Palsy to today being an acclaimed entrepreneur in the public relations industry in IndiaMay 20, 2022
Five eye hospitals in the Tri-city region have been acquired by Dr. Agarwal's Eye Hospital.May 19, 2022
World Family Doctor Day, 2022 – Family doctor makes care easily accessible May 19, 2022
Adani Enterprises will explore the healthcare industry.May 19, 2022
Tips for Weight Loss May 19, 2022
What should be the diet during menopause? May 19, 2022
5 Tips To Get Rid Of Cracked Heels In SummerMay 19, 2022
How is meditation beneficial in reducing low blood pressure?May 18, 2022
Why should we not eat mushrooms because of kidney disease? May 18, 2022