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Equity

How Duly is shaking up the Indian sexual wellness market

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 3 January 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

Today — ahead of the relaunch of our Wednesday episode that we discussed earlier this week — we have an interview to share featuring TechCrunch’s very own Morgan Sung and Shruti Dwivedi, the co-founder and CEO of health-tech startup, Duly. Duly took part in TechCrunch Disrupt’s 2023 Battlefield cohort, showing a global audience its contraceptive care platform that is initially targeted at the Indian market. Why India? The company cites a large, young population in the country with more than 700 million people under the age of 30. However, Duly also reports that fewer than 15% of Indians have access to sexual education. Even more, the startup notes that condom usage in the country is modest at best, and nearly half of young, unmarried women felt “judged when seeking contraception.” Put that all together, there’s a massive market gap that Duly wants to bridge. Sexual wellness is not a small market, naturally, and other startups are active in the space. News broke late last year, for example, that Evofem Biosciences — which makes Phexxi, a non-hormonal contraceptive gel — found a buyer after financial struggles. Changes to American law regarding abortion make it clear that access to contraceptive care is critical for women around the world. A big thanks to Morgan for the interview, Mary Ann for the intro, and Theresa and Kell for the edit and production! For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity a Tech Crunch podcast about the business of

0:14.8

startups where we unpack the numbers and the nuance behind the headlines. I'm

0:18.6

Marianne Asavado and this is our interview show where we sit down with a

0:21.9

guest think about their work and

0:23.6

unpack the rest. Today we're bringing you a special mini episode led by

0:27.4

Tech Crunch's very own Morgan sung. During last year's disrupt Morgan caught up

0:31.4

with Shruti Duavetti the co-founder and CEO of Health Tech

0:34.4

Startup Dooley.

0:35.6

Dooley, which is focused on simplifying and personalizing contraception for young women in India

0:40.1

and beyond, was part of this year's startup Battlefield 200.

0:43.4

The pair talked about the stigma around contraception,

0:46.0

cultural roadblocks duly faces that its US and UK counterparts may not have to consider,

0:51.1

and of course what's next for the startup. Enjoy. So do you want to

0:57.4

introduce yourself? Yeah so my name is Shrudy I'm the founder and CEO of

1:02.1

Dooley.

1:03.2

Dooley is a digital health platform that's simplifying and personalizing contraception

1:07.9

for young women in India and beyond.

1:10.4

So yeah, that's kind of what I do.

1:12.3

And we've seen a lot of women's health care and reproductive health care,

1:15.0

startups in the market, you know, fundraising.

1:18.0

But at the same time, there's still a real lack of them in this space.

1:21.0

What is the reception like downstairs to Dooley and to I guess the idea of like

...

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