The Secondary Care Surgeries Market in India is valued at USD 20 billion and is expected to reach nearly USD 30 billion by 2027. The major segments include Proctology, Urology, Laparoscopy, Ophthalmology, Cosmetic, Dental, etc. There are almost 44,000 private hospitals in India and only 10% of these are in the organized sector and mostly centered around Tier 1 Metros, thus preventing people in Tier 2 & 3 towns from accessing quality healthcare.
Nikhil Bansal is the Founder of FirstCure Health. FirstCure Health aims to simplify the surgery experience by bringing the best surgeons with modern and safe procedures at affordable costs.
Services and Product Offerings of FirstCure Health
Nikhil Bansal says,” FirstCure Health provides curative healthcare to the patient by bringing together primary surgeons with modern procedures and assisted care for patient’s needs at affordable cost. We just want patients to focus on their health to get better. We want to tell them that they are not alone. Right from finding the right doctor to the right hospital with modern healthcare at a reasonable cost. FirstCure Health also provides-
- Post-surgical care
- Insurance paperwork assistance
- Patient transportation at the time of discharge.”
USP of FirstCure Health
Nikhil Bansal informs,” The prime USP of FirstCure Health is -
- High qualified Doctor with 10+ years of experience
- Equipped with modern latest technologies for surgeries
- Handpicked good doctors
- Fully equipped hospitals with ICU and emergency
- Affordability as we purchase in bulk and help for patient’s benefits
- Professionally trained team to cater to any needs eg HIV positive patient needs special care and facilities to handle them
- Network of hospitals and doctors to handle sensitive and important cases.”
Patient behavior post covid opting for surgeries
Nikhil Bansal states, “FirstCure Health did not face any challenges during covid as we started after the 3rd wave of covid. In some cases, 10 - 20 % of patients were concerned about covid safety. But, it does not seem to be a concern anymore for patients. Besides, our hospitals follow covid protocol and are covid safe. This is one of the things we assure our patients as well.”
Funding for FirstCure Health
Nikhil Bansal informs,” It was a pre-seed round of around 350k. We plan to strengthen our network in Delhi NCR and Bhopal. We want to be a holistic provider for the curative domain but also for keeping patients fit like -
- Programs for yoga
- Zumba classes
- Diet plan
- Holistic wellness”
In geographical terms, our next plan is to go to Banglore and Hyderabad. We are also looking at Chandigarh and a couple of cities in Uttar Pradesh.”
Revenues in FY22 and FY23 FirstCure Health
Nikhil Bansal states, “We have a set of operation -
- FY22 - We started generating revenue in March 2022
- FY23- We are aiming to cross a million dollars.”
Motivational Message FirstCure Health
Nikhil Bansal says,” I truly believe in - Set The Foundation Right. The first 20 - 30 people will define the culture of the company. The first fundamental properties of the company will help it grow and sustain that growth. It is easy to have hyper growth by burning more money but to sustain that you need to grow by finding the right people. It takes a little longer to grow a company.”
Edited By: Dr. Rati Parwani
Contributed By: Nikhil Bansal, Founder, FirstCure Health