Express_Healthcare__February_2018
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START UP CORNER<br />
I N T E R V I E W<br />
‘Our main USP is the quality of our services’<br />
Dr Anagha Karkhanis, Consultant, IVF and Reproductive Surgery, Cocoon Fertility and<br />
Dr Rajalaxmi Walavalkar, Consultant, IVF and Reproductive Surgery, Cocoon Fertility, have<br />
been working towards creating a market niche for their business. They share their vision with<br />
Raelene Kambli<br />
What is the vision behind<br />
setting up Cocoon fertility<br />
centres?<br />
Dr Anagha: We were both<br />
trained in fertility in Europe<br />
and the UK, and during our<br />
training period we learnt<br />
that infertility was a common<br />
problem in the world.<br />
Moreover, there are big gaps<br />
in this field that need to be<br />
fixed. About one in every six<br />
couples suffer from infertility<br />
and yet, only one per cent of<br />
Indian couples come forward<br />
for diagnosis and treatment.<br />
In India, especially, there<br />
is an immense stigma<br />
attached with infertility and<br />
associated medical problems.<br />
Apart from lack of<br />
awareness, we noticed that<br />
there is lack of structured<br />
approach to management of<br />
infertility as compared to the<br />
West. Our vision is to bring a<br />
systematic approach to<br />
infertility management at an<br />
affordable cost. So that more<br />
and more childless families<br />
have access to such<br />
healthcare facilities. Hence,<br />
we started off with Cocoon<br />
Fertility centre to provide<br />
quality services to all.<br />
A lot of fertility clinics<br />
claim 100 per cent success<br />
but during many instances<br />
it is not true, which results<br />
in a lot of people losing<br />
faith in this treatment<br />
mode. What is the success<br />
rate that you promise?<br />
Dr Rajalaxmi: Well, we do<br />
not promise a particular<br />
success rate. Our patients<br />
are therefore counselled to<br />
understand what it entails to<br />
get fertility treatment. A lot<br />
of times people come with<br />
the hope that they would<br />
immediately get success in<br />
their first treatment<br />
Dr Anagha Karkhanis,<br />
Consultant, IVF and<br />
Reproductive Surgery,<br />
Cocoon Fertility<br />
procedure. That is where the<br />
problem lies. Effective<br />
communication helps us to<br />
convey the right information<br />
to our patient and in<br />
managing expectations. The<br />
success depends on each<br />
person’s particular case and<br />
will be different from the<br />
person sitting next to you.<br />
Hence, to fix a particular rate<br />
for success, makes it too<br />
general and doesn’t allow for<br />
individualisation. A person’s<br />
chances for success with<br />
treatment may indeed be a<br />
lot higher or a lot lower than<br />
average.<br />
How many clinics do you<br />
presently have?<br />
Dr Anagha: The first centre<br />
was opened in Thane,<br />
Mumbai and now there are<br />
three centres including<br />
Santacruz and Dadar. We<br />
have two more centres<br />
opening soon in Pune and<br />
Western suburbs of Mumbai.<br />
We hope to expand our reach<br />
to maximum cities in India.<br />
What is your strategy to<br />
scale your business?<br />
Dr Rajalaxmi :We will focus<br />
on providing quality care to<br />
our patients and will<br />
continue to expand our<br />
service through<br />
partnerships.<br />
What is the investment<br />
done so far?<br />
Dr Anagha: We started with<br />
self-funding. Today, Cocoon<br />
Fertility is building on the<br />
existing infrastructure of a<br />
decades-old family<br />
establishment, one of<br />
Thane's most trusted<br />
maternity homes. Hence, the<br />
investments have been<br />
minimal. However, we have<br />
recently roped in a strategic<br />
investor, the details of which<br />
are currently confidential.<br />
There is immense<br />
competition in the fertility<br />
treatment space. What is<br />
your differentiator and the<br />
value proposition you are<br />
offering?<br />
Dr Anagha: One of our main<br />
USPs is the quality of our<br />
services. This ranges right<br />
from our consultations to the<br />
quality of our embryology<br />
laboratory. These positively<br />
contribute to our excellent<br />
Dr Rajalaxmi Walavalkar,<br />
Consultant, IVF and<br />
Reproductive Surgery,<br />
Cocoon Fertility<br />
pregnancy rates. We believe<br />
in listening to patients<br />
patiently and educating them<br />
about every step of their<br />
treatment. This turned out to<br />
be our USP. Most of our<br />
patients tell us that it is the<br />
first time they feel they have<br />
been heard, it is the first time<br />
they understand what the<br />
issue is and it is the first time<br />
they have been explained as<br />
to how it can be sorted.<br />
Our high success rates are<br />
attributed to our work<br />
discipline and the fact that all<br />
our clinical decision making<br />
and procedures are done by<br />
our team of highly<br />
experienced specialists only.<br />
Our embryology lab is the<br />
heart of our Cocoon Fertility<br />
Centre. This is a state-of-theart<br />
lab equipped with ultramodern<br />
gadgets and<br />
customised air filtration<br />
system to achieve Grade A<br />
air purity (EU-GMP).<br />
With the help of the latest<br />
equipment and modern<br />
technology our embryology<br />
lab is converted into a space<br />
that is adjusted at the same<br />
temperature, humidity,<br />
cleanliness and atmosphere<br />
of the womb, so that the<br />
embryos can thrive<br />
favourably and give positive<br />
pregnancy results.<br />
There is a debate that the<br />
fertility industry is<br />
misleading women? What is<br />
your opinion on the same<br />
and how would you clear<br />
this air?<br />
Dr Rajalaxmi : The industry<br />
is often blamed with claiming<br />
success rates higher than<br />
they actually are for<br />
conducting un-indicated IVF<br />
treatments or for unclear<br />
financial implications i.e.<br />
hidden charges.<br />
See in any business there<br />
are good and bad guys.<br />
Medical treatments are as<br />
much about trust as success.<br />
When our work is ethical,<br />
when we provide the best<br />
care to our patients, when we<br />
deal with our patients with<br />
complete honesty, I don’t<br />
think we need to fear. The<br />
trick is to care for your<br />
patient like you would care<br />
for a member of your family.<br />
With this ethos you would<br />
always do the right thing.<br />
raelene.kambli@expressindia.com<br />
38<br />
EXPRESS HEALTHCARE<br />
<strong>February</strong> <strong>2018</strong>