Company Research Report: 2070 Health

Company Overview

• Name: 2070 Health

• Mission: Improving patient lives at scale by building patient-centric healthcare companies from scratch through innovative ideas, exceptional founders, and a powerful innovation platform.

• Founded: 2022

• Founders: No specific founder detailed.

• Key People:

• Dr. Pankaj Jethwani, Chief Executive Officer

• Sunil Wadhwani, Chairman

• Bhavesh Hemani, Group CFO

• Dr. Nikhil Hegde, Head of New Ventures

• Gaurav Porwal, Chief Operating Officer

• Namit Chugh, Principal, Investments

• Sunny Gupta, Head of GTM

• Headquarters: Mumbai, India

• Number of Employees: A 40-member team

• Revenue: No information is available

• Notable For: India's first Venture Studio building patient-centric healthcare companies and providing extensive operational and strategic support to ventures.

Products

2070 Health functions as a venture studio rather than a traditional product company. They launch and support healthcare-related ventures.

Ventures and Offerings

• BabyMD: Comprehensive, end-to-end pediatric care for modern parents.

• Elevate Now: India's first doctor-led weight loss program combining medication and coaching for sustainable weight loss.

• Nivaan Care: India's first end-to-end pain management clinic using gold-standard care protocols.

• Reveal HealthTech: Enables digital ambitions of healthcare companies in the US through engineering, clinical, and strategic expertise.

High-Level Description and Key Features

• BabyMD:

• Focus: Pediatric care.

• Key Features: Comprehensive and tailored solutions for pediatric patient needs.

• Elevate Now:

• Focus: Weight loss management.

• Key Features: Combines medical and coaching techniques for effective weight management.

• Nivaan Care:

• Focus: Pain management.

• Key Features: Utilizes gold-standard protocols for comprehensive pain management.

• Reveal HealthTech:

• Focus: Healthcare technology and strategy.

• Key Features: Provides engineering and strategic consulting to US healthcare companies.

Recent Developments

• New Products/Initiatives:

• Launched Elevate Now, Nivaan Care, and Reveal HealthTech in the past nine months.

• New Partnerships:

• Raised $30 million in funding from W Health Ventures to seed new healthcare companies.

• Strategic Developments:

• Plans to launch 15-20 healthcare companies over the next four to five years.

• Focus on identifying and executing ideas with significant market needs, especially in areas such as clinical trials, oncology, and urology.

• Utilizing a structured 4-step process: Ideation, Team Building, Launch, and Scale Up to minimize startup failure rates.

• Funding and Financial Developments:

• W Health Ventures invested to help incubate new companies and further expand the 2070 Health platform.

• Committed $1 million to $3 million per venture for developing companies with a 12-month runway plan.

Conclusion

2070 Health is an innovative venture studio revolutionizing patient-centric healthcare solutions. With its strategic process, substantial funding, and a pipeline of healthcare ventures, it aims to address unmet needs in the healthcare sector, both in India and globally. Its existing ventures focus on critical healthcare areas such as pediatric care, weight loss management, pain management, and healthtech strategy.