India’s leading healthcare platform Practo acquired a Bengaluru-based startup Enlightiks- an advanced analytics platform to offer business intelligence and predictive analysis solutions to healthcare enterprises.
The acquisition strengthens Practo’s enterprise segment and augments existing solutions that includes appointment management with Qikwell and a full stack HIMS solution with Insta.
The entire team of 50 people from the Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks.
Enlightiks’ primary offering is called Querent, which is a business intelligence and predictive analytics platform providing actionable insights using complex mathematical, statistical, computational and cognitive models. This enables CXOs, optimize their business in real time from day one.
Querent, can provide accurate predictions for key business metrics and help enterprises take actions proactively that can help make a positive impact on business decisions in the short to medium term.
The platform has an ability to read both structured and unstructured information and apply advanced machine learning and deep learning techniques to uncover hidden insights.
The platform, also allows visual interpretation of information and generate useful insights for healthcare enterprises across various departments including operations, finance, quality, pricing, marketing, customer management and risk assessment.
“This is our 5th acquisition and more than 200 healthcare centers including hospitals and clinics across the nation have already deployed this platform. Some of the prestigious customers of Enlightiks include – Apollo Sugar Clinics Ltd, Kokilaben Dhirubhai Ambani Hospital, Inamdar Multispecialty Hospital, Fernandez Hospitals Pvt Ltd, Eye-Q Vision Pvt Ltd, Sparsh Sandor Nephrocare Services Pvt Ltd, Ramesh Hospitals to name a few.” said Shashank ND, Founder & CEO, Practo.