[Funding alert] Healthtech startup HealthPlix raises $6M from JSW Ventures, Chiratae Ventures, Kalaari Capital
Bengaluru-based healthtech startup HealthPlix on Monday announced it has recently concluded its Series B round of funding. HealthPlix raised $6 million in a round led by JSW Ventures. Existing investors Chiratae Ventures and Kalaari Capital also participated in the round.
Gaurav Sachdeva, Managing Partner of JSW Ventures, said in a statement:
"We are excited to partner with HealthPlix to build the de-facto technology platform for doctors in India as well as to realise the vision of using medical insights to improve health outcomes. We believe that HealthPlix is uniquely positioned to take advantage of strong tailwinds that the Indian healthcare industry is experiencing in terms of increased medical information capture, interoperability, and automation."
Founded in 2016 by Raghuraj Sunder Raju, Prasad Basavaraj, and Sandeep Gudibanda, HealthPlix provides a clinical software for doctors. It has developed an Electronic Medical Record (EMR) software, and provides Clinical Decision Support (CDS) to doctors and helps them generate e-prescriptions under 30 seconds.
According to the startup, it has been helping more than 5,000 doctors digitise their clinical operations and treatment methodologies. It has assisted in more than 50,000 consultations on a daily basis, and across 12 medical specialities. HealthPlix has also developed an IP around longitudinal representation of patient's treatment journey, and in delivering actionable clinical decision support to assist medical practitioners in real-time.
Co-founder and CEO Sandeep Gudibanda said:
"We have been helping thousands of doctors in India to elevate their clinical practice to truly an evidence-based treatment methodology using HealthPlix EMR, and now we believe that we can use Real World Evidence (RWE) Platform to assess efficacy of various treatments being deployed, and thus contribute our bit in the research of much needed COVID treatment.”
Since its inception, HealthPlix has raised a total of $10 million. In July 2018, the healthcare startup raised $3 million from IDG Ventures India and Kalaari Capital in its Series A round.
Since the outbreak of the coronavirus pandemic, HealthPlix claims it has enabled more than 15,000 doctors to offer video consultations. It is also exploring opportunities to collaborate with State governments in the country and bringing Covid-19 information under a single umbrella, assessing the outcomes of various treatments adopted by leveraging its capabilities.
Edited by Megha Reddy