Lifechart
Overview
Lifechart is an innovative health-tech company based in Gurugram, India, specializing in gut health solutions through Ayurveda and AI technology. Founded in 2021 by Mukul Shah and Mansi Sharma, Lifechart has successfully raised $500,000 in seed funding from investors such as Prajay Advisors LLP and Agility Ventures. Lifechart provides holistic gut wellness solutions turning towards a personalized health approach, combining Ayurvedic traditions with modern technology.
Recent Developments
- October 2024: Lifechart secured $500,000 in a seed funding round. Notable investors included Prajay Advisors LLP and Agility Ventures. The funding will be used to enhance AI capabilities and expand diagnostic solutions to target tier-1 cities in India. This strategic move facilitates the launch of new plant-based, microbiome-focused products and wellness kits aimed at addressing common gut ailments.
- 2023-2024: Lifechart embarked on a mission to expand its service reach across India, focusing heavily on tier 2, 3, and 4 cities with plans to open 150 gut wellness clinics in the coming years. This period has seen Lifechart impacting over 250,000 customers utilizing AI-driven diagnostics and a broadening network of medical professionals.
- 2022-2023: The company began developing India's first diagnostic solutions specifically designed for gut health, tying individual symptoms to lifestyle and regional demographics. It leveraged AI models to offer personalized recommendations while enhancing healthcare accessibility via online consultations.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | Gurugram, India |
| Founders | Mukul Shah, Mansi Sharma |
| Revenue | To be updated |
| Profits | To be updated |
| Key Investors | Prajay Advisors LLP, Agility Ventures |
| Industry | Gut Health, Ayurveda |
| Number of Employees | 12 |
Early History
Lifechart was conceptualized out of a necessity to bridge a significant healthcare gap within India. Formed in 2021, the founders sought to utilize both traditional Ayurvedic practices and artificial intelligence to address growing gut health issues among the Indian populace. From its inception, Lifechart concentrated its efforts on developing personalized diet plans and made strides in incorporating AI for disease prediction. The brand grew rapidly by addressing common gut issues such as constipation and indigestion, which were prevalent issues throughout urban and rural India.
Company Profile and Achievements
Lifechart's business model intricately intertwines Ayurveda with AI technology to predict and treat various gut health conditions. The company distinguishes itself through:
- Offering full-stack health solutions from diagnosis to treatment.
- Utilizing AI technology to predict demographic-specific health trends and provide personalized dietary guidelines.
- Scaling its operations to reach underserved customers with both digital and in-person healthcare solutions.
Significant milestones include:
- Launching AI-driven health diagnostics: Lifechart developed AI models that predict the rise of gut-related conditions and tailor treatment across different populations.
- Product Development: Created plant-based of microbiome-focused products.
- Wellness Kits: Introduced to tackle issues such as fatty liver and piles, influencing over 250,000 customers.
Current Operations and Market Position
Lifechart stands at the forefront of gut wellness, market-leading with its array of AI-enhanced Ayurvedic treatments and diagnostics. The company, capitalizing on a growing market expected to reach $18 billion by 2025-26, positions itself as a first-mover in gut health tech in India. Through its wellness clinics and online platforms, Lifechart continues vying for a larger market share against its D2C competitors by offering a distinguished approach integrating modern technology with traditional Ayurvedic science.
Conclusion
Lifechart’s evolution presents an intriguing blend of traditional and modern healthcare solutions that position it as a front-runner in India’s burgeoning wellness sector. With a committed team led by seasoned entrepreneurial leadership, Lifechart continually expands its diagnostic capabilities and product offerings, underpinning its growth in an ever-expanding market. As they continue to integrate AI for enhanced diagnostics and expand their reach, Lifechart is poised to significantly impact the wider healthcare landscape within India and potentially beyond.