NanoHealth and the prevention of Non-communicable diseases

2 in every 3 deaths are the result of NCDs. A 2015 survey claims that 1 in 4 Indians risk facing death before age 70. To stop the avoidable NCDs and make healthcare accessible to slums, NanoHealth was founded in 2014.

Non-communicable diseases like most cancers, heart diseases, diabetes and others can be avoided with preventive and continuous care. Yet 2 in every 3 deaths are the result of NCDs. A 2015 survey claims that 1 in 4 Indians risk facing death before age 70 because of NCDs. This annually contributes to 5 to 10% GDP loss for our country. 

To stop the avoidable NCDs and make healthcare accessible to slums, NanoHealth was created by five Indian School Of Business alumni. Dr Ashish Bondia, Manish Ranjan, Ramanathan Lakshmanan, Aditi Vaish and Pranav Kumar Maranganty created a social enterprise. Many claims that soon 50% of the countries population will live in the city, especially in the slums. As there would be lack of space for accommodation. 

With NanoHealth, they created a local community of trained and skilled health workers called ‘Saathis’. Saathis would then use a low-cost diagnostic tool called ‘Doc-in-a-Bag’ to check for NCDs like asthma, diabetes, hypertension and more in rural areas and slums, where access to preventive healthcare is minimal. 

Later, the Pagitipati family bought over most non-active co-founders except Manish Ranjan who is still leading the organisation. The venture has wellness and disease management options for corporates and the government. They have been recognised by the government, which has helped NanoHealth reach deeper penetration in under-served areas.  

In 2014, they became the first Indian venture to receive the Hult Prize. Hult is named by Time magazine as one of the five places where impactful ideas of the 21st century are sourced. They received $1 million as cash prize. In the next 4 rounds of funding, they raised a total of $1.2 million. Their investors have been Hult Prize Foundation, Clinton Global Initiative and Praveen Dwarakanath. In 2018, they held an ICO for US investors. 

NanoHealth has offered care to over 1 lakh Indians. Most of its operations were done in Hyderabad and Banglore. They now plan to make their operations expand to other places in India. Will NanoHealth be able to save the lives of 5.8 million Indians who annually die due to NCDs with their expansion?

Tags : #NanoHealth #DrAshishBondia #ManishRanjan #RamanathanLakshmanan #AditiVaish #PranavKumarMaranganty #Non-communicablediseases #NCDs #diabetes #cancer #heartdisease #asthma #hypertension #HultPrizeFoundation #ClintonGlobalInitiative #PraveenDwarakanath #MediSpeak #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Scientists in Moscow Develop Fetal Phantom for Obstetric UltrasoundNovember 19, 2024
International Men’s Day: A Celebration of Strength, Vulnerability, and ChangeNovember 19, 2024
The Bloody Truth: Why Menstruation Is Still a Taboo in Indian SchoolsNovember 19, 2024
Toxic Air, Fragile Hearts: The Hidden Cost of Pollution on Heart Failure PatientsNovember 19, 2024
Government of Telangana Hosts the AI in Healthcare Summit – Road to BioAsia 2025November 18, 2024
In yet another groundbreaking medical milestone, Sarvodaya Hospital successfully performs India’s youngest cochlear implant on a 5- month old babyNovember 18, 2024
Sightsavers India in collaboration with AbbVie Therapeutics India Private Limited Hosted the 4th State-Level Consultation on ‘Prevention of Visual Impairment Caused by Glaucoma’November 16, 2024
Is Your Saree Hurting You? How Tight Waist Petticoats Could Trigger Skin CancerNovember 16, 2024
10 New-born Lives Lost: The Jhansi Hospital Fire That Shook India’s ConscienceNovember 16, 2024
Streax introduces revolutionary Shampoo Hair Colour in South India at accessible price point.November 15, 2024
The Silent Killer in Your Genes: Can Splicing Errors Unlock New Cancer Cures?November 15, 2024
Stress on a Schedule: What Your Gut Bacteria Know That You Don’tNovember 15, 2024
A Preventable Catastrophe: Why Are Children Still Dying from Measles?November 15, 2024
The University of Tasmania invites applications for Master of Marine and Antarctic ScienceNovember 14, 2024
ICMR’s Bold Bet: Can India’s Scientists Deliver World-First Health Breakthroughs?November 14, 2024
The Dark Reality Behind India’s Ayushman Bharat: Profits Before Patients?November 14, 2024
Not a Fan of Exercise? Here’s How Few Steps You Actually Need for Better HealthNovember 14, 2024
Shiprocket launches AI Powered Shiprocket Copilot to empower a Self-Reliant Digital Future for over 1,00,000+ Indian MSMEsNovember 13, 2024
AIIMS Darbhanga and More: Can PM Modi’s 12,000 Crore Investment Turn Bihar into India’s Next Growth Engine?November 13, 2024
Self-Made Survivor: How a Virologist Battled Breast Cancer with Her Own Lab-Grown VirusesNovember 13, 2024