Opportunities for Innovation at the BoP within India’s Healthcare Industry
Healthcare has become one of India’s largest sectors – both in terms of revenue and employment. Although the country’s healthcare industry is projected to continue its rapid expansion, with an estimated market value of US $280 billion by 2020, increased population growth in India’s low-income communities has resulted in a lack of affordable and easily accessible quality healthcare for millions of people.
As a comparison China has 30 hospital beds every 10,000 people, whereas India has only 12. The figures are even more alarming for nurses. In the United States there are 98 nurses per 10,000 people and in India there are only 13.
Despite government efforts to improve widespread access to quality healthcare, India’s existing infrastructure continues to be insufficient resulting in limited treatment options, especially for low-income families.
Recognizing the need for innovation within healthcare, in 2012, Ennovent, a business accelerator, partnered with the University Impact Fund, one of the world’s first student driven impact-investing firms, to research the opportunities available for entrepreneurs, investors, mentors and experts to add value to the Indian healthcare industry.
- Tags:
- India
- South Asia
- Health


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In light of its increasing mandate to address undernutrition in South Asia, the World Bank, with its partners, held a South Asia Regional Development Marketplace (SAR DM) on Nutrition under the theme: “Family and Community Approaches to Improve Infant and Young Child Nutrition.”
It is estimated that every Indian consumes approximately 
More often than not, “we” criticize the “system” for being corrupt; yet it is simply a reflection of what we make of it. For example, what would happen if “we” decided never to collect bribes from users in our health service system? Or if we implemented and respected the rule of ‘first come, first served’ instead of paying or collecting bribes for faster service delivery? What would happen when it is brought to our knowledge that there are irregular practices operating within our health centers?
“There is a tide in the affairs of men, which taken at the flood, leads on to fortune,” so said Shakespeare, believing, as I do, that one can bring about a change by acting as a catalyst. There are a lot of things that exist disparately, which, when combined at the right time by the right people, create a revolution.
For the 7th consecutive year the World Challenge is searching for grassroots community projects that promote sustainable development through innovation and original thinking. Their mission is simple: to reward small businesses which have found solutions to some of the world's most pressing problems.