FHealth Accelerator has announced the launch of the first batch of its accelerator program commencing on 26th July. The startup accelerator has been designed to support and accelerate the growth of healthcare-focused startups in their early revenue stages.
According to FHealth, the accelerator plans to deploy over $1.5 million across 8-10 companies over three batches in FY23. The program is backed by Vaidya Sane Ayurved Laboratories Limited also known as “Madhavbaug”, Ayurveda Cardiac Care clinics chains having a network of over 270 clinics across seven states.
Along with capital, the accelerator will provide advice and mentorship, support and opportunities to leverage their distribution network, and research facilities and access their more than 1 lakh active patient base.
FHealth Accelerator will focus on startups that work in the areas of D2C, home healthcare, telemedicine, patient-centric innovations, medtech and digital therapeutics.
Recently, FIITJEE, an education institution in India, also launched a FIITJEE Accelerator Program to help founders build and scale enduring companies.