November - 2009 issue > Spotlight: Enterprise Software
Wellcore: Old Age Revitalized with Technology
si Team
Tuesday, November 3, 2009
In 2007, while researching solutions that could help him take care of his aging relatives in India, Vijay Nadkarni, Founder, President and CEO of Wellcore Corporation was amazed at the lack of suitable products in the market for remote monitoring. He founded Wellcore Corporation (formerly Laburnum Networks) with the objective of not only meeting a critical market need, but also making the world a better place for advancing baby boomers and seniors. Nadkarni got Jeetendra Jangle, a brilliant engineering head from his past company to join him as Co-Founder, and subsequently they built team at Wellcore.

Wellcore builds a revolutionary product line for the remote monitoring of individuals, with an unparalleled ability to detect, interpret and even predict their safety, wellness and lifestyle metrics accurately. A wirelessly enabled system based on sensitive miniature sensors, Wellcore applies novel signal processing technology they have invented to assess human wellness characteristics – round the clock (indoor and outdoor) reliably. Filling a critical need that exists in the industry, the system has received rave reviews from third parties.

Wellcore’s business plan and product were so compelling, they received multiple term sheets from VCs in May/June 2009 for their Series A funding, during the most difficult period to raise money. They closed their Series A round with Menlo Ventures, among the industry’s most elite VC firms, with DuBose Montgomery, the founder and head of Menlo, and an icon of the VC industry on Wellcore’s Board of Directors.

A graduate of IIT Bombay, with an MBA from Northwestern (Kellogg), Nadkarni earlier co-founded ipVerse (later Veraz) which went public in early 2007. He hopes that Wellcore will play a small but meaningful role in the revamping of the healthcare system, providing independence and security to the aging population.
Reader's comments(1)
1:It is really happy moment to know about such an initiative and now reality which will definitely will be helpful to mankind to accurately know lifestyle health controls. The wireless enabled system is making it more easy and useful in day to day life by providing more security and awareness.
Congratulations and wishing entire wellcore very best successful future.
Mahesh.
Posted by: Mahesh Wani - 04th Nov 2009
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous, or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
If you have more query about magazine please send mail to
Download SiliconIndia magazine
Download now for free Download now for free Download now for free Download now for free
Sep 14 Aug 14 July 14 June 14
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved