According to a study by The Lancet, India ranks 145 among 195 countries in terms of quality and accessibility of healthcare – patients are either never diagnosed or diagnosed too late.
There is a lack of public awareness on health, basic healthcare facilities are often not accessible and even when they are, the quality of care is well below global benchmarks. Quality medical care offered by private medical establishments is not affordable by many and there is a limited number of healthcare workers available to serve the needs of such a large population.
People fall below the poverty line every year due to healthcare expenses
Cases of tuberculosis in the world occur in India
of sudden deaths are caused by non-communicable diseases like cancer & diabetes
Indians suffer from some form of mental illness
The healthcare ecosystem in India is plagued with supply side constraints which can be addressed with disruptive innovations which can make it more accessible and affordable for patients across socio-economic spectrums.
ACT For Health aims to improve access to quality and affordable healthcare in the areas of primary care, diabetes, cancer, tuberculosis and mental health.
The 100 Cr fund will support digital/medtech/deeptech innovations in these spaces and focus on deployment ready solutions in the realms of tele-medicine, health coverage, capacity building, diagnostic tests, devices and implants.
Support relevant solutions & platforms that are pioneering high-quality health-tech innovations
Leverage the ACT collective to support our portfolio organizations across key need areas like product & technology, network access, deployment support etc.
Support NGOs and government stakeholders to integrate impactful market-tested innovations into public health programs
If you’re a social entrepreneur building an innovative health-tech solution for Bharat, we want to hear from YOU!
Here is a quick checklist that’ll help you understand what we’re looking for and whether your product / solution would be eligible to be evaluated for a grant:
Should leverage technology to expand reach and enable easy access as well affordability on healthcare.
Made For Bharat
Should be specifically designed to cater to the healthcare needs of low-income and underserved communities.
Evidence Of Learning Impact
Should have demonstrated potential to create significant impact on health outcomes in one of our focus areas.
Potential For Scale
The model should have high potential for scale over the next 3 to 5 years.
Roadmap To Sustainability
Must have a clear roadmap to grow sustainably beyond ACT’s support.
ACT Capital Foundation For Social Impact is a not-for-profit company incorporated and registered under Section 8 of the Companies Act, 2013. All donations made to ACT Capital Foundation are eligible for income tax deduction under Section 80G of the Income Tax Act.
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