basys.ai, a healthtech startup that began its journey from Harvard, says its in-house technology will help improve doctors’ clinical decision-making in managing the metabolic health of their patients.
The startup has initiated discussions with healthcare providers in India as well as Singapore to launch its platform in these markets. It is banking on the Indian government’s Ayushman Bharat Digital Mission, which aims to interconnect the digital health solutions of hospitals across the country. This programme is likely to enable the consensual sharing of patient records with doctors in any hospital in India.
“We are interested in going to India because we believe this (the universal electronic health record framework) will be a reality in the next five years. Initially, it might not be profitable or we may not have the numbers we need but we are excited about the sheer scale we can achieve in the market,” Amber Nigam, Co-founder and CEO of basys.ai, tells YourStory.
In 2019, around 77 million individuals had type-2 diabetes in India. Given that one in three adults in the country currently suffers from metabolic syndrome—a cluster of conditions that increase one’s odds of developing cardiovascular disease or type-2 diabetes, there is a significant burden of these diseases in India.
Amber says basys.ai might launch the platform in India within the next few months based on the support it receives from prospective investors.
As the building of the universal health record system is underway in India, basys.ai plans to partner with hospitals to build its AI (artificial intelligence) capacity. Currently, the startup is only operational in the US.
The genesis of basys.ai
Amber met his co-founder Jie Sun while attending Harvard’s health data science programme. As they exchanged ideas at the cross-section of data science and healthcare, they decided to work on improving the metabolic health of people and narrowed it down to diabetes.
For Amber, the fight against diabetes-type-2 is also personal as his father suffered from the disease.
The co-founders launched their venture in 2020.
basys.ai has won several competitions. The co-founders were in the winning team of the MIT (Massachusetts Institute of Technology) 100K Accelerate event. They have also received grants from the likes of Harvard Innovation Lab and MIT.
Source: yourstory.com
