Singapore-based health tech company Symple Wellness Platform has reportedly acquired Pune-based AllizHealth, which is a wellness and health analytics platform. However, the amount of the deal has yet not been disclosed.
With the acquisition process, AllizHealth will be rebranded as “Vivant”, Symple’s operating brand. Through its “Vivant”, Symple delivers an online healthcare platform that helps the customers engage with their health across the care continuum which assists them in getting healthy, staying healthy or managing a disease.
This move will make Symple’s global presence much stronger. Symple expands into India with its strong and healthy technology architecture, a vigorous operating team of around 40 people across various functions, and close to 750,000 end customers. They will also provide solutions for maternal health, menstrual health, diabetes, orthopedics, cardiovascular, child nutrition and elder care.
Anupa Naik, CEO of Vivant, said, “This acquisition brings with it an outstanding team and technology capabilities that will strengthen our ability to help customers engage with their health meaningfully and productively.”
Post-acquisition, three AllizHealth co-founders will also join Vivant, Chinmoy Mishra as Chief Business Development Officer, Dr. Rasmi Mishra as Chief Product Innovation Officer and Gaurav Vij as Chief Technology Officer.
The range of services provided by the company will include health risk assessments, health coaches, digital health records, doctor consults, health check-ups and condition management programmes. Both the companies will work in association to offer a comprehensive digital health offering with over around 6,500 partners.
Chinmoy Mishra, Co-Founder of AllizHealth said, “We are delighted to join forces with the Vivant team and look forward to bringing our services to customers at scale. Vivant’s strong domain expertise and leadership team was a natural fit for AIH and we look to our shared future with great optimism.”
AllizHealth was founded in 2013 and is a consumer-focused “wellness and health analytics platform” for early identification, tracking and management of health risks.
Healthcare is one of the largest revenue and employment generating sectors in India. From the current $100 billion, the market is further expected to reach $280 bn by 2020.