In India, 5 million people suffer from heart attacks every year, and only 20% survive due to delayed diagnosis. Inadequate infrastructure, lack of qualified medical professionals and high costs of medical care have led to a huge gap in cardiac care services across the country.
As a result, cardiovascular diseases are the leading cause of death in India, and the lack of access to quality cardiac care is the major issue.
Tricog Health, a cardiac care startup, is addressing this issue by leveraging technology to provide timely and accurate cardiac care. Its services have significantly reduced mortality rates among patients receiving timely treatment.
The startup recently raised $8.5 million in a Series B2 funding round led by existing investors The University of Tokyo Edge Capital, Inventus Partners and SG Innovate, with participation from new backers Omron Health Care and Sony Innovation Fund.
In this article, we’ll discuss how Tricog Health is transforming the cardiac care system and improving patient outcomes.
Tricog Health enhancing and empowering cardiac care
Tricog Health is a Bangalore-based startup providing real-time remote monitoring of heart patients through its AI-powered devices.
Its flagship product, InstaECG, is a cloud-connected ECG service that analyses, interprets and provides certified ECG reports in just 10 minutes. It also offers InstaEcho, a service that helps doctors get quick and accurate echocardiogram diagnoses.
With its AI-assisted reports, Tricog Health enables doctors to quickly and accurately diagnose cardiac conditions. Its cardiac triage platform is deployed in over 5,000 catheterisation labs, hospitals, clinics and diagnostic centres to help doctors diagnose and manage patients with critical cardiac diseases like heart attacks.
How does Tricog Health work?
Tricog Health works on a cloud-based ECG machine that enables doctors to capture ECG data from patients and send it via the cloud to a team of 20 doctors located in a centrally located hub in Bengaluru.
The team analyses and interprets the data, providing a detailed ECG diagnosis within a couple of minutes. If a serious issue is detected, the team coordinates with the nearest hospital or care centre to ensure a standby team is ready when the patient arrives.
Tricog’s products and services are user-friendly so that even a compounder or a nurse can operate them. And they’re offered on a pay-per-use model, making them affordable for small general practitioners. This model has enabled Tricog Health to scale and reach even the remotest of locations.
About Tricog Health
Tricog Health was founded by Dr Charit Bhograj, Dr Zainul Charbiwala (chief technology officer) and Dr Udayan Dasgupta (chief data scientist) in 2015. Dr Bhograj’s wife’s injury and death inspired him to work on products that reduce the time taken to diagnose and treat heart attacks.
Tricog wants to make cardiac care accessible and affordable to everyone. It has one goal: to provide every village in India with the same level of accurate diagnosis that one would get at Fortis or Vedanta. During the pandemic, Tricog provided free 10-minute ECG interpretations 24×7.
Today, its products and solutions are deployed in 14+ countries, empowering 12000+ medical professionals worldwide. The startup has screened 6 million patients and detected half a million serious heart patients. It has a strong client base, including renowned hospitals like Apollo Hospitals, Metropolis, Manipal Hospital, Max Healthcare, Neuberg Diagnostics and Fortis.
Awards and nominations
Tricog Health Services is among the six startups selected by GE Healthcare under its India Edison Accelerator Programme, a first-of-its-kind initiative that aims to co-create technology solutions that will enable healthcare providers to deliver precision health.
The Ayushman Bharat PM-JAY Startup Grand Challenge selected Tricog Health as the best startup in the ‘Ensuring Quality of Care’ category.
Tricog Health has won numerous other awards and recognition for its innovative initiatives, like:
- NASSCOM AI Game Changer Award 2018
- NASSCOM AI for Good
- Winner of ET Startup Awards 2019
- Regional finalist in the Accenture Healthtech Innovation Challenge 2018
- Software Product of the Year at the Express IT Award 2019
Tricog’s funding and future goals
Tricog Health has raised a total of $30 million in seven funding rounds. With its latest $8.5 million funding, it intends to provide at-home cardiac care services and expand its geographical presence in Asia and Africa.
“Our strategic partnerships will allow us, for the first time, to address the needs of heart patients at home. The last five years have witnessed tremendous advancements in our AI and technology platform that have allowed us to serve millions of patients across multiple continents. With this round, we are committed to expanding our reach to Asia and Africa and our footprint in the US healthcare market.”
– Dr Bhograj, Founder and CEO, Tricog Health.
