LGT Venture Philanthropy Foundation (LGT VP) is delighted to announce its new engagement with the Wadhwani Institute for Sustainable Healthcare (WISH), an initiative to create an effective and equitable healthcare system in India.
Successful technology entrepreneur, Sunil Wadhwani, founded WISH, registered as Lords Education and Health Society, in 2014 to improve the quality of India’s primary healthcare system. WISH directly operates public primary health centers and uses them as “test beds” to incubate and accelerate innovations and demonstrate impact, enabling them to build know-how on and evidence for high quality care. With these insights, WISH then advises state governments on how to integrate device, process and technology innovations into primary health facilities in order to improve healthcare at the last mile.
Its flexible and replicable model of providing high-in-demand digital solutions to state governments, can be customized to and adopted in various states across India. So far, WISH has served 23 million patients and operated over 700 clinics in five Indian states, and plans to impact 100 million people by 2027.
LGT VP's health strategy is centered around providing universal access to quality healthcare. To that end, LGT VP's India healthcare portfolio aims to improve primary healthcare through three different but complementary approaches at the community, community health worker and health facility levels. With its focus on improving patient care by strengthening health facilities, WISH complements this three-pronged healthcare strategy in India. Supriya Balakrishnan, Investment Manager at LGT VP, explains: “We are inspired by WISH’s strategic approach to integrating need-based innovation into public health delivery. WISH’s distinctive combination of technology and innovation expertise, strong government partnerships and community-centred solutions makes them well-positioned to accelerate the adoption of digital solutions and subsequently to improve the quality of healthcare in India."
Read the full press release here.