Yolo Health is a Mumbai-based company that builds Health ATMs which can connect to a doctor, perform health check-ups, and maintain patient records. To understand the company’s business model, we’ll look at five parameters:
– Focus of care: Yolo enables teleconsultation and provides technology for primary care plus diagnostic services.
– Affordability: Yolo is a technology provider whose cost of service varies according to the implementers. The ATMs cost between Rs.2-5 lakhs, comparable to other similar products.
– Business model: A technology solution provider selling products to service providers like NGOs, hospital chains, governments, etc. Yolo generates revenue from maintenance and replacement of consumables and is dependent on the orders from implementers for scaling up.
– Technology- Operates on 2G/3G bandwidth (1 Mbps), offers online/offline consulting, and can be integrated with mobile platforms as well as other HMIS solutions.
– Team: The founders are serial entrepreneurs who have successfully scaled up technology businesses in the past.
