Think Biosolution

Founders: Shourjya Sanyal and Koushik Nundy
 
Number of Staff: 4
 
Start Date: 2016-03-15
 
Tell us what your business does?
Think Biosolution is a digital health startup building chronic disease prevention platforms for assisted living and home health care agencies.
Where did the idea for your business come from?
We talked with hundred plus long-term care facility managers in the USA marketplace and found that they are severely in need of a smart chronic disease prevention system that could compliment their shortage of nursing staff.
Have you always wanted to run your own business?
Yes
What planning did you do before you started up?
My co-founder and I collaborated on building multiple digital health projects for years (2010-2016) before we formally decided to form a startup.
Which entrepreneurs do you admire?
Elon Musk, Jeff Bezos, Bill Gate
What challenges have you faced and how have you overcome them?
One of our biggest challenges was to find a product-market fit for our digital health platform. Our go-to-market was either large but had too many competitors in the first couple of iterations or too small and not scalable. We overcome this challenge by being extremely agile and developing quick MVPs that we could test with customers.
How have you promoted your business?
Most of our customers come to us from word to mouth referrals and read our success stories online. We also have built strategic partnerships with key distributors and electronic health record platforms in the USA to scale up our business.
Where do you see the business in 3 years’ time?
We see Think Biosolition as a market leader in remote patient monitoring space for assisted living and home health care agencies in the USA marketplace.
What advice would you give to budding entrepreneurs?
Talk to paying customers before you start building the product.

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