Monika Mehta & Dheeraj Mundhra (Zealth.ai Co-Founder, CEO & CTO)- The company’s headquarters are in Singapore and Mumbai, with offices in New York City. CareShare is a product by Zealth Software (formerly known as AI LifeSciences) that helps hospitals monitor COVID-19 patients in home isolation and provide emergency assistance.
India has surpassed Brazil to become the second worst-affected country, with almost 90,000 cases reported each day. The coronavirus outbreak is weighing on an already overwhelmed Indian healthcare system, which is now attempting to give adequate care to patients.
Success Story of Zealth.ai
Zealth.ai, an Indian healthcare company based in Singapore and Mumbai, is attempting to assist COVID-19 patients in home isolation receive immediate medical assistance in the event of an emergency.
The digital health platform for real-time remote monitoring of COVID-19 patients, including vitals and patient-reported symptoms, was developed by Monika Mehta and Dheeraj Mundhra’s startup. It uses artificial intelligence to provide a one-stop solution for real-time remote monitoring of COVID-19 patients, with vital signs and patient reported symptoms included.
In reality, the site allows doctors to intervene quickly in the case of an emergency.
Monika Mehta Co-Founder & CEO
Monika began his/her career in Singapore, working as a clinical research leader at SingHealth and also serving as a senior scientist for Roche’s Chugai Pharma in Singapore. Dheeraj has worked on numerous AI software for businesses ranging from American Express to startups like TinyOwl for the last six years.
Dheeraj Mundhra Co-Founder & CTO
Monika, a PhD holder from the National University of Singapore’s School of Medicine (NUS), met Dheeraj — a dual-degree student in Mathematics and Computer Sciences from IIT-Kharagpur — during an accelerator program in Singapore earlier this year.
Realizing their shared interest — India’s healthcare system — the pair decided to start Zealth.ai to tackle the sector’s problems. Zealth.ai graduated from Antler, a Singapore-based early-stage VC and tech startup accelerator, after completing an executive deep technology program.
According to Monika, Zealth.ai was created with the goal of assisting cancer patients in mind. However, owing to the COVID-19 epidemic, the model was adapted to aid in combating the deadly virus.
Business, for example
Zealth.ai, a healthtech firm based in California, uses a B2B subscription business model with hospitals, and charges each patient according to their needs. Zealth.ai is presently engaged in discussions with six more hospitals for COVID-19 Monitoring and is talking with six others.
While the co-founder would not disclose the subscription rates, she explained that they are determined by the patient’s specific needs.
Monika says that investors who specialize in the healthtech industry are showing interest in the company. In fact, after it hits its preliminary objectives, Zealth.ai plans to launch a seed round later this year.
The company’s short-term strategy is to assist COVID-19 isolation patients in the home, as well as hospitals caring for such patients. It is also looking into collaborating with the Ministry of Health and Family Welfare.
COVID-19 is pushing the healthcare industry toward even more rapid digitization, as well as the use of smart machines. Telemedicine services, remote monitoring, and online consultations have grown in popularity as a result of people’s worries about visiting clinics or doctors.
“Many hospitals maintain in-house remote monitoring teams that call patients frequently to keep track of their health, especially for COVID-19. Furthermore, prominent healthcare startups like Practo, mFine, 1mg, and a handful of others in the telehealth and remote monitoring sector can be considered rivals.
“But we are in agreement on a collaborative approach. As startups, each of us has unique expertise. So rather than seeing other firms as competitors, let’s strive to establish an ecosystem that collaborates with one another and improves together,” Monika adds.