2070health
2070 Health is India's first venture studio dedicated to building patient-centric healthcare companies from scratch, aiming to make high-quality healthcare more accessible and affordable in India.
Company facts
- Founded
- 2022
- Headquarters
- India
- CEO
- Dr. Pankaj Jethwani
About
What began as a recognition of the fragmented and challenging healthcare landscape in India, blossomed into 2070 Health, the nation's pioneering venture studio singularly focused on co-creating patient-centric healthcare companies from their very inception. Founded in October 2022 by Dr. Pankaj Jethwani and Sunil Wadhwani, 2070 Health embarked on a mission to dismantle the barriers hindering innovation within this critical sector. The founders envisioned a future where high-quality healthcare was not a privilege but an accessible and affordable reality for all Indians. They understood that the traditional startup model often struggled within the highly regulated, relationship-driven, and complex healthcare environment. The rules that governed fast-paced technology ventures seldom applied when dealing with human lives and the stringent need for regulatory compliance. To address these unique challenges, 2070 Health developed a distinctive approach. The journey starts with 'Ideation & deep validation,' where the team conducts fundamental research and rigorous due diligence to unearth disruptive opportunities and impactful healthcare concepts. This is followed by 'Team Building,' a crucial phase where validated ideas are matched with exceptional founders and early team members, often sourced through extensive networks of seasoned professionals. Once the foundational elements are in place, the 'Launch' phase is expedited by 2070 Health's powerful Innovation Platform. This platform provides a comprehensive suite of resources including a ready-to-use technology stack, omnichannel go-to-market capabilities, marketing expertise, a robust talent ecosystem, strategic partnerships, and crucial seed capital. Finally, during the 'Scale Up' phase, 2070 Health leverages functional playbooks across technology, growth, marketing, finance, legal, and regulatory domains to support the nascent companies until they achieve maturity. This holistic support system aims to scale companies faster, better, and more cost-effectively than traditional startups, particularly during the riskiest early months of company building. With a significant $30 million seed funding raised in June 2023 from W Health Ventures, 2070 Health is well-equipped to pursue its ambitious goal of launching 15 to 20 healthcare startups in the coming years, fundamentally transforming healthcare delivery for a billion Indians.
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