Problem Addressed: The new insurance regulation requires hospitals to obtain quality accreditation in order for them to work with 530 millions insured indians. This process takes 3-6 months and requires a renewal every two years.
The Product: BeWell Digital helps India's 1.5M hospitals, labs, clinics, and pharmacies comply with insurance regulatory compliance so that they could work with 530M insured Indians.
- Security: SAFE
- Valuation Cap: $10,000,000
- Min. Investment: $100
(Data as of June 2021.)
Bewell Digital: WeFunder Campaign Highlights
1) Helps hospitals comply with new regulations so that they could work with 530 million insured Indians.
2) Signed 6 hospitals and digitized 6,000 patient records since launching 4 weeks ago
3) $1,500 MRR since launch
4) No known competitors in India offering high tech compliance support + hospital management software
5) 🇮🇳 1.5B total addressable market in India
6) Founding team with software engineering, AI, and ICU medical experience
7) $150k raised on the same terms
8) Fixing the regulatory compliance is the wedge into India's large healthcare ecosystem
Did I Invest In Bewell Digital?
I’m still in the process of writing a full deal report and decide whether or not I will invest in Bewell Digital on WeFunder. At Angel Notes, I review 100+ pitches on 10+ platforms every month and send a detailed report every Saturday to subscribers of the Angel Notes newsletter (you can join through the form below). See you soon!