Assertion Partly supported
HealthifyMe launched Healthify Smart, the first consumer AI product, in 2018
“And we launched the world's first consumer AI product called Healthify Smart.”
Prediction Open · timeframe Dec 2030
Vashisht: Global obesity will reach three billion people by 2030
“I mean, the world had doubled in obesity between 2002 1015, and now it's tripled to three billion people by 2030.”
Assertion Not checkable as stated
HealthifyMe introduced calorie counting to India and remains the market leader
“I think we introduced Calvary Counting to this part of the world and we certainly are the number one in that space even now”
Insight
Early-stage founders should expect to run out of money at least once
“So to young founders, I oftentimes say that obviously you'll run out of money once, just be ready for it. It's going to come whenever it comes like high five each other because you'd be like, okay, I checked that box.”
Opinion
Building an Indian healthtech startup is relatively easy today
“I think building in India for health tech was probably a tough thing to do five, seven years ago. It's probably a relatively easy thing to do right now.”
Assertion Not checkable as stated
The average HealthifyMe user loses five kilograms in twelve weeks
“An average customer loses about five kgs of weight in 12 weeks, our average HbA-C counts go down from around 8.1 to six and change within a period of six months, right?”
Assertion Contradicted
HealthifyMe's VaccinateMe platform helped 25 million people find COVID-19 vaccines
“And then with Bertie who launched under-forty-five and we actually hired them and we combined our forces, we've helped twenty-five million people find their vaccine”
Assertion Not checkable as stated
HealthifyMe hits 25 million users and nears 30 million
“We have hit twenty-five million so far closing to 30 now.”
Prediction Held up
HealthifyMe expects to cross $50 million ARR by January 2022
“We are slated to cross fifty million dollars in our annualized run rate revenues by this coming January.”
Assertion Not checkable as stated
HealthifyMe helped users lose 10 million pounds during the pandemic
“Just in the pandemic alone, we've helped you know, the world lose about ten million pounds of weight and move to much healthier and fitter outcomes you know, reduce their impact on diabetes, hypertension, PCOS, and cholesterol.”
Insight
Founders should establish an advisory board of experienced ex-founders for guidance
“I really strongly endorse that any founder starting a company should probably structure a team of more experienced people who you trust and create a mentor you know, board that can actually guide you. I think that was singularly most important because they've …”
Disclosure
HealthifyMe's ₹1 crore angel round came from Tushar Vashisht's Aadhaar colleagues
“So we took a one crore angel check from some guys who are frankly, who were willing to bet on my track record and whatever I had done at Aadhaar. So most of them were Aadhaar people only.”
Assertion Not checkable as stated
HealthifyMe's 2015 seed round took nine months and four term sheets
“I think it took us, like, nine months, because we were in conversations with the fund, who then pulled the term sheet, then we were in conversation with the fund, where we didn't like the guys, we actually backed out, and then there was another fund that came …”
Assertion Contradicted
HealthifyMe doubled its revenue annually for the past four to five years
“We've been doubling each year for the last four or five years without fail and with clear metrics that are pointing in the right direction on, you know, profitability on paybacks, et cetera.”
Assertion Not checkable as stated
HealthifyMe acquired early paying customers through founder-led phone sales
“First few thousand paying customers, I remember I was making calls to some of our customers who we, you know, who had demonstrated high intent and trying to convince them about our services. So it was initially sales led and with me being the sales guy and a f…”
Assertion Not checkable as stated
HealthifyMe scaled monthly revenue from 25 to 67 lakh INR in months
“October 16, we were doing 25 lakhs a month, and we went to an offsite, and, you know, we said, guys, we need to focus on, this coming January has to be a 100,000 dollars a month. And that was an audacious goal to go from 25 lakh to 67 lakhs. Dollar rate was 67…”
Tushar Vashisht