What is Glamyo?
Glamyo is a healthcare startup that aims to solve the problem of information asymmetry in the healthcare industry. The company has developed a platform that connects patients with the most relevant hospitals based on capacity utilisation, providing a transparent and trustworthy solution for healthcare treatments. Company is focussed on elective surgeries segment
Glamyo's platform leverages technology to provide patients with a seamless surgical experience at a reasonable and fair cost. The company utilises the unused Healthcare capacity by renting spare Operation Theatre capacity & other surgical infrastructure of a partner hospital, to perform surgeries using own surgeons.
The founders of Glamyo are highly qualified both academically and professionally. Preet has been an investor at Asian Healthcare Fund and has made multiple healthcare investments himself. We have strong confidence in Preet and Archit’s ability to grow the company and create value for their customers.
Why this Industry?
The healthcare industry in India is rapidly evolving, with an increasing demand for quality healthcare services. Transparency and trust have been long-standing issues, and Glamyo's platform has the potential to address this problem.
Glamyo's addressable market is estimated to be around $14 billion in India. The company has the potential to capture a significant share of this market with its innovative platform .
The company's business model has strong margins and is well-suited to address the long-standing issues of transparency and trust in the industry.
Conclusion
We are excited to invest in Glamyo because we believe in the company's mission. The founders have a deep understanding of the healthcare industry and have developed a unique solution to address its long-standing issues. We have strong confidence in their ability to execute and create value for their customers.