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Wadhwani Advantage launches an acceleration programme dedicated to healthcare industry

Our Bureau, Bengaluru
Tuesday, April 20, 2021, 13:20 Hrs  [IST]

Wadhwani Advantage is now offering an acceleration programme. It focuses on assisting businesses across manufacturers of medical devices to pharmaceutical firms and healthcare delivery providers.

The programme with the help of automated 'Business Discovery and Transformation Tools' is a 1-12 months of engagement with up to three years of hand-holding support enabled through a personalized artificial intelligence led business acceleration process.

In order to maximize its reach among healthcare businesses, Wadhwani Advantage has partnered with the Association of Indian Medical Device Industry (AiMED), Voice of Healthcare (VOH) and Xynteo Vikaasato leverage synergies in healthcare space.

This program aims to ignite the growth of businesses in the healthcare sector, accelerate revenues and free cash flows to fund growth for maximizing their growth potential through ‘Do-It-Yourself (DIY)’discovery and business solution tool kits and other knowledge resources using AI-enabled automated logic and personalized interventions.

The goal is to strengthen the business ecosystem without any commercial expectations. The Wadhwani Advantage offerings are high-quality interventions without charging any price. The curated advisors will offer pro bono and subsidized or success-based fees, if needed, to help the businesses to finish their transformation journey and be certified by Wadhwani Advantage. Those businesses interested in applying can do so: http://bit.ly/WAProgramApplication-MarketingCampaign

According to Samir Sathe, executive vice president, Wadhwani Advantage at Wadhwani Foundation, said, “Healthcare is a key focus area for Wadhwani Foundation. This programme seeks to enable acceleration of enterprises, which are able to address some of the largest and neglected areas of the healthcare system in India. Through this program, we aim to strengthen the Indian healthcare sector by supporting and empowering business enterprises in the sector. We aim to build partnerships with the leading healthcare ecosystem stakeholders to jointly represent the voice of the healthcare businesses and work for their enablement.”

The proprietary Wadhwani Index and Scoring system allows businesses to measure performance on the basis of 27 key performance indicators, with eight among them as the most important ones. It allows the companies to compare themselves with industry benchmarks. Further, the programme has built tens of scenarios for each of the indicators and has used automated intelligence to recommend the appropriate transformation projects that the small businesses must undertake to accelerate their growth.

 




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