Indian EMR Startup HealthPlix Fund Raising in Series C Round
EMR Startup HealthPlix Fund: Avataar Venture Partners and SIG Venture Capital led a $22 million Series C fundraising round for HealthPlix, a firm that manages one of India’s largest EMR platforms. Existing investors Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, Chiratae Ventures, and Blacksoil Capital invested in the round as well.
At the point of care, the HealthPlix EMR offers clinical decision support driven by AI. Almost 10,000 doctors presently treat 2.5% of the Indian population using it. HealthPlix has added more features to its platform since it first debuted in 2014, including Drug-to-Drug Interactions, mobile EMR, AI-powered SmartScan, and the Doctor Insights dashboard.
WHY IT’S USED
The business claimed in a statement that it will “increase user acquisition efforts,” “improve the technological stack,” and “ramp up doctor first product innovation.” By 2024, HealthPlix hopes to increase its user base to 25,000 doctors who will be treating 15% of the Indian population.
CEO and co-founder Sandeep Gudibanda continued, “With these fresh finances, we hope to cater to about 200 million–250 million more patient lives in a time span of 18 months.”
Another Indian business, Eka Care, raised $15 million in Series A funding the previous year in an effort to expand its user base of doctors. With more than 30 million records and more than 5,000 doctors using its EMR systems, it asserts to be the largest store of health records in India.