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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>

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