Recently, we interacted with Mr. Amitoz Singh, the founder and CEO of Nirvasa, which is revolutionising primary healthcare through Digital Solutions.
Here are the interview highlights:
1. What was the motive behind starting Nirvasa.?
We started with a mission to make high-quality evidence-based products and treatments accessible and affordable through our end-to-end health and wellness platform. Our objective has always been to empower individuals to make better healthcare decisions by taking a self-assessment, identifying the root cause, and choosing the right products. As a D2C health and wellness platform, we are committed to leveraging technology and utilising domain expertise in areas of ayurveda and allopathy to deliver the desired outcomes.
2. After achieving a milestone of 100 crore in annual recurring revenue (ARR). How do you see the growth of Nirvasa.?
After achieving the milestone of 100 crore in annual recurring revenue (ARR), Nirvasa Healthcare is poised for more growth. Our team started with a modest rate of 100 consultations per day in 2019, and today, we deliver over 10,000 a day, backed by a highly qualified team of doctors and health experts . With the digital healthcare market in India projected to grow significantly over the years, the company is well-positioned to continue its rapid progress and maintain its status as a leading force in the industry. In FY-2023, we also clocked revenue growth of 225% thanks to our emphasis on high-quality evidence-based products, personalised treatment and on-going care. We intend to innovate and leverage technological advancements to provide high-quality healthcare to our patients across India.
3. What is the future planning in terms of Fundraising.?
Nirvasa comes with a clear vision of making high-quality evidence-based products and personalised treatment plans affordable and accessible to millions.
Building upon the success achieved in sexual wellness and weight management, we are currently concentrating on venturing into newer categories, including hair care, diabetes care, and women’s wellness. In order to drive this expansion and make our products & personalised treatment plans available across the country, we plan to raise funds.
4. How has Nirvasa has filled the gap between digital healthcare clinics and traditional Healthclinc.?
Nirvasa has been revolutionising and bridging gaps in healthcare by offering personalised treatment plans and evidence-based products across five specialties like no one else in the industry.
From AI-powered self-assessment to ongoing care, our users are at the centre of everything we do, which results in better outcomes and gives us a distinct advantage over traditional clinics.
Additionally, the D2C health & wellness platform significantly enhances healthcare accessibility by leveraging teleconsultation, allowing patients to overcome geographical barriers and connect with healthcare professionals easily.
5. In terms of extraoral opportunity and sectoral divisions like Diabetes, Hair Loss, and sexual wellness among males and females, how nirvasa is fulfilling the needs and demands of the patient being an online platform.?
We fulfil the needs and demands of patients through high-quality evidence-based products and personalised treatment plans that offers AI-powered assessment, virtual consultation with a doctor, personalised treatment, and continuous care during the course of treatment. In addition, our team of highly qualified doctors and healthcare experts makes sure that our patients receive precise diagnoses, guidance, and ongoing treatment in the privacy and convenience of their homes. This makes the process more convenient and encourages individuals to seek treatment without hesitation. Our expansion into new categories like hair care, diabetes care & women’s wellness further demonstrates the company’s commitment to meeting evolving healthcare requirements. Through our innovative approach and continuous efforts to improve healthcare services in these divisions, we aim to help users monitor their symptoms and alleviate their concerns more effectively.