Alacurity: Medical aid at your door step

The Indian healthcare market is estimated to touch USD 100 billion by 2015. Pressing big on this opportunity is our next guest Shyam Sunder Znwar. An investment banker turned entrepreneur, Shyam saw huge demand-supply gap in the healthcare sector and decided to focus on helping patients to get the best deal.

Shyam Sunder Znwar’s Alacurity is a medical aid on wheel car or a home care nurse then help is at hand in. It is India’s first provider for all kinds of pre and post hospitalization services. Founded in 2012 it provides services like sending trained nurses and attendants to your home, helping international patients find service apartments and translators and much more. Alacurity today services 40 patients every day and has already crossed revenues of Rs 2 crore. Znwar belives explains that in City light Delhi there are more than 250-300 hospitals, who have 150 beds and above. If a patient stays there for three days, it means every third day you have 150 percent or every single day 50 percent from that particular hospital. “If this is the case and out of those 50 percent from 150 bed hospital is coming out, so I can target 10 percent of those people who really require some kind of post hospitalisation care, thus they are my size,” he said. With a potential to serve over 2000 new patients a day Alacurity has an offer of preventive as well as diagnostic packages for customers. The key to success is in pricing. The company has tied up with various hospitals and healthcare service providers like Max and Fortis amongst several others to ensure competitive rates, which in some cases Shyam claims a 50 percent lower than the market price. Shyam is now ready to target international patients from countries like Russia and the United Arab Emirates. Looking to touch revenues of Rs 5 crore by the end of FY14 Shyam is also keen on taking the franchise route for expansion and hopes to be ten new locations by next year.