After Winning Hult Prize, MBA Entrepreneurs Seek To Heal Indian Healthcare
Wednesday, October 15, 2014
It has been three weeks since Manish Ranjan steered his team to victory in the Hult Prize final – but there is still so much more work to be done. Manish, an Indian entrepreneur, is trying to solve a pressing problem: under-diagnosis and poor treatment in India’s weakened healthcare system.
India’s government spends just 0.9% of GDP on health. A shortage of resources and the urbanisation of India’s cities have left public hospitals and healthcare providers bursting at the seams.
Manish, an IT consultant by background, took to business schools to study healthcare management. His MBA program at the Indian School of Businessis one of the few in the country that caters for the medical manager, he says.
But it is also a business school that is supporting the growing entrepreneurial movement in management education, spurred by the increased optimism inIndia’s start-up scene.