The International Finance Corporation (IFC) www.ifc.org a member of the World Bank Group, WellDoc www.WellDoc.com a U.S based digital health startup, and Max Healthcare https://www.maxhealthcare.in, an Indian healthcare provider have launched a cutting-edge mobile App in India to improve diabetes care.
The IFC connects startups globally with leading corporations in emerging economies to form new partnerships. The objective is to bring technologies to new markets, and spur sustainable innovation in regions that need the technology.
The IFC’s TechEmerge www.techemerge.org program is the first-of-its-kind matchmaking program for technology companies around the world that are looking to grow their businesses in emerging markets.
Through the IFC TechEmerge program, IFC provides funding, support, and serves as a matchmaker bringing together WellDoc and Max Healthcare to establish a powerful partnership.
The development of the diabetes care App called BlueStar® was one of 17 technologies to be piloted in India following a TechEmerge matchmaking event held in New Delhi last year.
WellDoc’s BlueStar App is a mobile health monitoring tool that helps adults living with type 2 diabetes and their doctors drive behavioral and clinical change. The App analyzes diabetes data entered by the patient, including blood glucose levels and medications. The App then delivers curated analytics to a patient’s healthcare team to improve decisions and to better manage the disease.
The App will be tailored to the Indian market to account for specific medications and local diets to enable patients to enter details on their meals and receive instant advice on the optimal medication and dosage needed. The App will initially be piloted with a select group of patients in New Delhi, which will allow them to transform their smartphone, tablet, or personal computer into a personal health advisor.
IFC’s TechEmerge program is being implemented in partnership with the Finnish Ministry of Economic Affairs and Employment https://tem.fi/en/ministry, the Israeli Ministry of Economy and Industry http://economy.gov.il/English/Pages/default.aspx and is supported by Health 2.0 http://health2con.com.