Minding Other People's Business
Entrepreneur magazine|March 2018

Ahead of online mental health counseling start-ups’ path to bask in investors’ glory, lies two fundamental bottlenecks. And they aren’t about burn rate, customer acquisition, market size or technology etc.

Sandeep Soni
Minding Other People's Business
Before diving down to that, let’s touch upon on what’s driving the growing chorus for such counseling platforms. Apart from the obvious figures quoted by World Health Organisation last year - around 94 million Indians suffers from some or the other mental issues such as depression of various types and anxiety disorders - there is a lack of accessible treatment. That’s because first, hospitals are not interested in investing time and resources in the space as there is no in-patient revenue for them. “A hospital thrives on the revenue from operation theatre but for mental health treatment there is hardly any surgery involved,” says Davesh Manocha who launched Juno Clinic - online clinic for mental wellness along with Arun Kumar and Anuraag Srivastava.

Second, almost 80 percent of India’s top psychologists and psychiatrists are scattered across top five-six cities. This means no basic access to mental health therapists beyond these cities and hence, online treatment is the only alternative. Third, as families are getting nuclear, talking to the family members is getting improbable today. “Mental health issues could be taken care of by talking to someone in a joint family set up but now there is only so much that can be done,” says Dr Amit Malik, Founder and Chief Executive Officer, InnerHour and a trained psychiatrist since over a decade.

VALUE GAME

Bu hikaye Entrepreneur magazine dergisinin March 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Entrepreneur magazine dergisinin March 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

ENTREPRENEUR MAGAZINE DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
How To Ask Family For Money
Entrepreneur magazine

How To Ask Family For Money

Your friends-and-family fundraising round doesn't have to be scary and awkward. Here's advice from one of the world's leading investors.

time-read
3 dak  |
November 2024
Data Breach Drama: When Trust Turns Costly In A Digital Age
Entrepreneur magazine

Data Breach Drama: When Trust Turns Costly In A Digital Age

Amid data breaches surges, Indian businesses are prone to financial and reputational fallout. Can cyber insurance emerge as a safeguard?

time-read
4 dak  |
November 2024
THE TERRAIN TAMER
Entrepreneur magazine

THE TERRAIN TAMER

Spearheading a California-based, Series D SaaS company is no easy feat. It requires a blend of ownership, innovation, and the ability to handle stress. But Anand Jain, co-founder and chief product officer of Clever Tap, finds his calm by escaping to rough terrain whenever he gets the chance-be it India or Colombia.

time-read
2 dak  |
November 2024
THE INTELLIGENT READS
Entrepreneur magazine

THE INTELLIGENT READS

Hardika Shah founded Kinara Capital in 2011 with the mission to address the acute credit gap in the micro-small-medium-enterprises (MSME) sector in India, by providing fast and flexible business capital to small business entrepreneurs. Despite operating in highly competitive and tough market of collateral free loans, Kinara Capital has been steadily growing in Hardika's leadership. In conversation with Entrepreneur, Hardika shares insights on her favourite books.

time-read
1 min  |
November 2024
THE CURSE OF GROWING TOO FAST
Entrepreneur magazine

THE CURSE OF GROWING TOO FAST

FAIRE is a platform for small businesses, but it grew big the wrong way-almost becoming a $12 billion wreck. Here's how it fixed the problem, and why you should think twice before skyrocketing.

time-read
10+ dak  |
November 2024
There's No Perfect Answer
Entrepreneur magazine

There's No Perfect Answer

I worked the same job for 19 years. I hated it, but it paid the bills. Then, in 2017, I entertained an exciting but terrifying question: Could I be an entrepreneur? I wasn't sure, so I needed something that felt like a guarantee. I searched for signs that would feel like a big, clear \"yes!\"

time-read
1 min  |
November 2024
Give Yourself the Gift of Time
Entrepreneur magazine

Give Yourself the Gift of Time

Happy holidays! Emmy Award-winning tech expert Mario Armstrong has five recs to get more hours in the day.

time-read
2 dak  |
November 2024
How to Become a Main Street Millionaire
Entrepreneur magazine

How to Become a Main Street Millionaire

It started when I bought one little laundromat. Now I have a whole portfolio of small local businesses that bring in tens of millions in revenue a year. Here's why following my playbook could be your ticket to financial freedom-and saving America's local small businesses.

time-read
5 dak  |
November 2024
Want to Better Serve Your Clients? Become Them.
Entrepreneur magazine

Want to Better Serve Your Clients? Become Them.

As a designer for brands, starting my own product company gave me a dose of humility-and it changed the way I relate to clients.

time-read
3 dak  |
November 2024
How to Succeed With Gen Z Workers
Entrepreneur magazine

How to Succeed With Gen Z Workers

People often say that younger employees are different. But are they? We asked six business leaders what they've learned, and how their teams thrive.

time-read
2 dak  |
November 2024