TCA-BRINC PROGRAM, INDIA

HEALTHTECH
Overview

A virtual program focusing on Indian startups that are developing new alternatives and better processes to solve the inefficiencies in the HealthTech space.

The pandemic has accelerated growth of the Indian healthtech industry which is expected to touch $5 billion by 2023 and generated a new wave of technology adoption resulting in projected market growth of US $50 billion by 2033. This widespread adoption of technology in healthcare will bring about a paradigm shift in access to healthcare by consumers and businesses. Among new health tech avenues are telemedicine, e-pharmacy, fitness, wellness, healthcare IT, analytics, home healthcare and personal health management.

With wider application of robotics, machine learning and artificial intelligence, wearables and on-body devices, blockchain, among others, we are going to experience the change in the future of healthcare.

To change the way we serve patients and take care of our health by reinventing healthcare services and introducing new business models is the challenge for innovative Indian startups which will pioneer the space. To enhance the efficiency and sustainability of the health care system, we invest in founders using technology to disrupt the health care system. Join the leading Health Care Technology program in India and get access to one of the fastest growing urban and population centres in the world.

Our Offer

We invest a minimum of $50,000 USD via CCPS in an equity round for a negotiable percentage.

The program is designed to support startups in three main areas:
1. Preparation in getting investor-ready and fundraising via Brinc’s network of investors.
2. Technical support in product refinement to ensure its market readiness.
3. Commercialisation via access to new markets, distribution support, or exposure to corporates.

In addition to funding, we provide mentorship, networking, access to experts, ecosystem players, distributors, investor match matching, a customized curriculum, an international startup perks package, and on-going support post program to help get your startup to the next level. There will also be the opportunity for follow on investment of $150K-500K USD based on progress during the program.

Investment Verticals

  • Healthcare IT & analytics: AI and data analytic technologies, Mobile apps, Cybersecurity
  • Precision (personalized) medical treatments
  • Connected medical devices
  • Diagnostics
  • Virtual care
  • Gene therapies based on research of the human genome
  • Medical Device and Pharmaceutical
  • Biotech
  • Telehealth 2.0
  • Infrastructure 2.0
  • Remote Patient Monitoring
  • Digital Behavioral Health
  • Testing and Tracking Technologies
  • Telemedicine
  • E-pharmacy
  • Fitness & Wellness
  • Home healthcare
  • Personal health management

Application Requirements

  • We invest in Indian startups. Startups do not have to be based in the program’s location.
  • Startups that have developed a product that fits within the HealthTech investment verticals.
  • At least 2 co-founders with relevant industry experience.
  • Scalable and defined business model with high growth potential.
  • Fundraising traction.

Mid Stage Startups Track

  • Product: Incorporating customer feedback/2nd commercial version
  • Market/Sales/Customers: In the market/acquiring customers
  • Revenue: Early revenue –  US$10,000- US$25,000 per year
  • Support Focus: Commercial development

Early Stage Startups Track

  • Product: Final stage MVP/1st commercial version
  • Market/Sales/Customers: 3-4 months to market; 1st pilots (paid/unpaid)
  • Revenue: No revenue to early sales (preferably LOIs)
  • Support Focus: Finalizing product development and sales planning

Program Requirements

Startups successfully accepted into our accelerator program will need to:

  • Pay a USD $18,500 participation fee for our program. This fee will only need to be paid upon selection and after receiving the investment. It can be deducted from the investment amount.
  • The program is 100% online and remote. There is no need to be physically present in the location for the duration of the program.

Ready to apply?

Applications are now open! Apply by September 27, 2021.

Mix business with purpose

We create value for our portfolio companies and our ecosystem partners by facilitating mutually beneficial partnerships.

Our Tools

Having a hard time finding good and reliable resources? We are here to help you jumpstart your business, and to support our portfolio teams and the global community of founders. Give our FREE tools a try!

Brinc Cash Flow Tool

Our Cash Flow Tool is custom made to help founders start their business on a solid commercial foundation. We’ve fused the best parts of working financial models for startups with over a century of expertise with working with manufacturers and startups.

Please fill out the form to the right to get access to our Cash Flow Tool.