Health content startup myUpchar secures Rs 2 crore to improve access to health care

Delhi-based startup myUpchar has secured Rs 2 crore in funding, adding to a recent string of funding for health content startups within India.

myUpchar — meaning “my remedy” or “self-treatment” in English — provides its users with a wide range of content on topics including home remedies, ayurveda, health, fitness, and obesity, among many others. The goal of the platform is to spread awareness and access to information to tier-2 and 3 cities in a variety of vernacular languages.

Health content startups like myUpchar have been gaining traction lately within the country, trying to take advantage of the Rs 10.5 trillion health care market that is expected to grow to over Rs 18 trillion by 2020. Sepalika, for example, raised Rs 4.8 crore in April, Omnicuris raised Rs 1 crore announced in June, and Medinfi raised Rs 8 million in August.

This, however, comes as part of a larger trend of startups trying to tackle some of the health problems within India. In a recent post by Forbes titled “How Startups Are Trying To Overcome India’s Healthcare Challenges,” a number of these health issues are presented, which include: low government funding, concentration of expertise in urban areas, poor health infrastructure, and low levels of health insurance.

Additionally, the funding of health content startups specifically comes as a supplement to the nature of health care within the country. According to the same  post by Forbes, “As home remedies are a part and parcel of life in India, they are often preferred over immediate doctor consultations and almost every household has someone to offer healthcare advice. However, the authenticity of information offered is often debatable.”

Accordingly, many startups — myUpchar in particular — have aimed to take on the dissemination of accurate health care information to the country’s 1.3 billion population, and so far the idea has shown extreme promise.

A key feature that has enabled the initial success of the company is its offering of content in multiple vernacular Indic languages. Founder of myUpchar Rajat Garg explained, “[Before myUpchar] I was running an e-commerce venture, Shimply. We were into selling handicrafts and indigenous products. When we launched the Hindi version of the website, Ayurveda suddenly became 50 percent of the business.”

This is ultimately what sparked the idea for this most recent venture, and is exactly why the company will use the new funding to expand content in six other languages besides Hindi.

Rajat also wrote, “Quality healthcare content is virtually absent in vernacular languages. We launched MyUpchar in December 2016 and in just nine months, our traffic has grown to 2.5 million visits/month (run rate), showing the strong need for such content.”

As such, the company intends for its technology to help overcome some of the difficult obstacles that present themselves with regard to health care in India. The company’s most recent funding shows that investors have recognized both the importance of startups like myUpchar, as well as the potential behind them.

Zac Laval

An explorer of the ambiguous and the uncertain, Zac is driven by technology's role in shaping the future.

Recent Posts

PayPal World: Swipe right on global shopping

Indian shoppers could be shopping internationally using their UPI accounts sitting at home, thanks to…

1 day ago

Cheaper OTPs, smarter chats: WhatsApp takes aim at SMS dominance

The SMS as a tool to connect with customers might be coming to an end.…

1 day ago

Will our fintechs become our mobile service providers?

Looks like finance and connectivity will come together soon in our devices. Recently, UK fintech…

1 day ago

New tech on the block: Digital infrastructure, cloud, Digital Transformation, cryptocurrency, medtech, cybersecurity, social media & pharmacology

The Tech Panda takes a look at recent tech launches. Digital Infrastructure: End-to-end solution to…

2 days ago

India’s NCB & Binance join forces to take down the country’s biggest darknet drug network

In a major breakthrough against crime, India’s Narcotics Control Bureau (NCB), with support from the…

2 days ago

A new approach to evaluating LLMs with human insight

Abstract The article advocates for a more comprehensive evaluation method for Large Language Models (LLMs)…

3 days ago