Shared Narratives with Lilly Wyden Shared Narratives with Manav Sevak, Founder and CEO of Novitas Holdings
May 8, 2025
In this engaging conversation, Manav Sevak, Founder and CEO of Novitas Holdings, shares his journey from facing over a hundred investor rejections to landing a spot in Y Combinator. He discusses the art of matchmaking smart individuals with critical problems and the challenges of navigating a partisan landscape. Manav also dives into his passions for the math behind sports and currency exchange, all while stressing the need for innovation in healthcare and the significance of a supportive network in entrepreneurship.
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Healthcare Tech Gap Widens
- Healthcare adopts technology faster than ever but still falls behind other industries rapidly.
- The gap in healthcare tech adoption compared to others worries Manav despite smart people working there.
AI Can Improve Healthcare Navigation
- Many patients see the wrong doctor, increasing healthcare costs unnecessarily.
- AI-driven navigation is a massive, underexplored opportunity to improve healthcare system efficiency.
Founder’s Rejection and Resilience
- Manav Sevak recounts cold emailing 130 investors and facing rejection while raising initial funds for Memora.
- Despite near shutting down, acceptance into Y Combinator reignited their startup journey.