health | Pixr8 News

17Apr By AdityaNo Comments

FUNDING

Credihealth Raises $1.5M Funding

Credihealth, an online medical assistance firm, said it has raised $1.5 million (over ₹9 crore) from Tolaram Group and Mountain Pine Capital. The pre-series A funding also saw participation from former KPMG partner Bala Swaminathan, one of the earliest investors in the platform. "More than money, it is innovation and steady growth that are needed to survive in the market today. The funding will primarily be utilised to augment technology and infrastructure to expand services and introduce new products," said Ravi Virmani, founder of Credihealth. With this round of funding, Credihealth aims to expand its operations and fund the new services to address the non-clinical pain points of patients, it said in a statement.

Paytm Steps In Healthcare Domain, Invested in Startup

7Apr By PriyankaNo Comments

FUNDING

Paytm Steps In Healthcare Domain, Invested in Startup

Paytm, India's leading mobile payment company has invested in healthcare startup QorQI. The funding amount has been undisclosed. The startup offers a solution that gives doctors access to patient’s health and clinical data at the touch of a button. The startup aims to use AI and big data to improve productivity and care quality of doctors and help patients manage their health and existing ailments better. Commenting on the funding, QorQl’s Sanjay Singh said, “QorQL is pursuing the vision to democratise healthcare access. Our connected health applications are leveraging AI and big data to collect, integrate and interpret data for all users. This not only helps us solve tough problems but also helps our users stay healthy.” “Paytm’s investment in QorQl is a huge endorsement of our prod...

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model

8Feb By AdityaNo Comments

Story

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model

Personal wellbeing has, for many decades in India, been linked with the absence of illness. Treating and preventing illness has been the focus of our organized healthcare industry and consumer behaviour has also modelled itself around this reactive framework. The few online health and fitness platforms available are also built around the directory model, where consumers discover services and access them online or offline. Now a Bangalore based young start-up is quietly changing this entire paradigm of health and wellness services consumption in the country. Focusing first on self-discovery of an individual’s wellness status using a battery of first-in-class online tools, ZingUpLife builds an incremental model of wellness consumption that emphasizes on empowering the consumer through in...

Everstone Invests USD 35mn in OmniActive Health Technologies

2Jan By AdityaNo Comments

FUNDING

Everstone Invests USD 35mn in OmniActive Health Technologies

Private equity firm Everstone Group has invested USD 35 million in city-based nutraceutical company - OmniActive Health Technologies. "The investment of USD 35 million by Everstone will further accelerate the growth of OmniActive in the fast-expanding nutraceuticals space," the firms said a joint statement issued here today. The deal is Everstones third in the healthcare and wellness sector in less than a year, it said. OmniActive supplies naturally sourced ingredients for eye health, weight management and heart health to global nutraceutical companies that provide food supplements and nutritional fortification, and has strong presence in the US. "OmniActive is now working to achieve similar success in Europe and Asia," the release said. The Everstone investment ? which give...

30Dec By NitishNo Comments

FUNDING

Fitness App HealthifyMe Raises $1 Million Funding

Fitness app HealthifyMe has raised $1 million (Rs 6.7 crores) from Dubai-based investor Neelesh Bhatnagar whose company NB Ventures has been actively investing in Indian startups, the company said in a statement. Founded in 2012 by Tushar Vashisht, Mathew Cherian and Sachin Shenoy, HealthifyMe claims to be the first app to introduce calorie tracking of Indian dishes. The company delivers measurable results on eating habits, fitness, and weight. With over 200 employees, it has physical presence in Bangalore, Delhi, Mumbai and Chennai within India. The app has crossed the one million download mark on the Google PlayStore, and is also available on the App Store. “I am keen on investing in emerging digital first Indian startups that have the ability to expand internationally with an a...

27Dec By AnkitaNo Comments

BLOGS

Know The Causes and Types of Diabetes

"Infographic created by https://www.icicilombard.com"

1mg Acquires Mumbai Based Online Consult Platform MediAngels

15Dec By NitishNo Comments

ACQUISITION

1mg Acquires Mumbai Based Online Consult Platform MediAngels

Indian online pharmacy startup 1mg Technologies Pvt. Ltd has acquired Mumbai-based MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships. “Our consumers can now access a deep network of over 450 super specialists across India and the world, and we also get an entry into the corporate health space through this platform,” 1mg’s co-founder Prashant Tandon said in a statement on Wednesday. Founded in 2011 by Arbinder Singhal and Debraj Shome, MediAngels is a platform for patients to seek online consultations for specialized medical cases in cardiology, cancer, neurosurgery, orthopedics and pediatrics, among other areas, from its network of doctors covering 93 specialties. “Within 1mg ecosyste...

16Oct By NitishNo Comments

FUNDING

Good Parents Raises $2M Seed Funding to Reimagine the Way Parents and Care Providers Approach Children’s Health and Wellness

Hong Kong – Good Parents Inc., a one-year-old startup focused on children’s health and wellness, today announced a $2 million seed investment round. The latest seed round was led by senior partners at Jungle Ventures with participation from Fireside Ventures, Bio Sensors International, Gaja Ventures and several marquee angel investors across Asia and the U.S. Good Parents is on a mission to improve child development and growth metrics by creating a new ecosystem that engages parents, health insurance companies, corporate benefit programs and schools. Its first product line is the Kiddo, the world's first health and wellness wearable for children aged 4-10 years. The Kiddo tracks key biometrics for children and provides real time health, wellbeing, stress and development insights to a mo...

Ratan Tata Fosters Another Startup, Invests in Fitness Band GOQii

3Oct By Press Trust of IndiaNo Comments

FUNDING

Ratan Tata Fosters Another Startup, Invests in Fitness Band GOQii

Adding one more to his startup funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform, GOQii. The size of the funding was however not disclosed. The company, which is a leading player in the Indian wearables market, is backed by angel investors like Shriram Nene and his wife and Bollywood actress Madhuri Dixit Nene and Neeraj Arora (WhatsApp). It offers a fitness tracker band coupled with a personal coach. The US-based company had earlier raised USD 13.4 million in a series A funding in November 2015. "With the recent developments and tie-ups on the platform, the investment from Tata is a testimony to us being a defining player of services in our category making long-term impact in people's life," GOQii CEO and founder ...

Apple Acquired Health Startup Gliimpse Founded By Indian-Origin Duo

24Aug By NitishNo Comments

ACQUISITION

Apple Acquired Health Startup Gliimpse Founded By Indian-Origin Duo

IANS- Tech giant Apple has quietly acquired personal health data startup Gliimpse founded by two Indian-origin entrepreneurs. The acquisition happened earlier this year but was not publicly announced, according to media reports. An Apple spokesperson has responded, saying: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." Founded in 2013 by serial entrepreneur Anil Sethi and Karthik Hariharan, Gliimpse provides a secure platform where consumers can manage and share their medical records and information. Before Gliimpse, Sethi had co-founded several health startups like Xlipstream, Pinch Bio and Dakota Imaging. This acquisition will likely strengthen Apple's efforts to collect or manage health data. In 2014, it had...

5Jun By AdityaNo Comments

ANALYSIS

Nearly 3000 Fitness Apps Aren’t Science-Based – Study

You may be wasting your time fighting those extra kilos with fitness apps as according to a recent study, many of them lack certified content-expertise or evidence of effectiveness. Overweight and obese people are turning to a multitude of smartphone apps to help them lose weight, but this study said that only 17 (0.5 percent) of the apps identified by the researchers have been developed by a certified health organisation or university. Also, there is no published evidence of the effectiveness for weight-loss or weight-gain prevention apps. Overweight and obesity is a major health challenge worldwide, demanding new, cost-effective approaches for life-long treatment and prevention. The mobile 'app' technology revolution offers new potential approaches for receptive, younger, people, w...

Ratan Tata Invested in Medical Startup MUrgency Inc

17May By NitishNo Comments

FUNDING

Ratan Tata Invested in Medical Startup MUrgency Inc

Tata Sons Chairman Emeritus has invested in San Francisco-based medical emergency response MUrgency Inc. Financial details of the deal were not disclosed. "He (Tata) clearly wanted us to launch and grow the network in India first before taking it overseas. Mr Tata's investment in MUrgency will help attract leading talent to the company and major partnerships beyond India," MUrgency Inc Fonder Shaffi Mather said in a statement. Founded in 2014 in Silicon Valley and incubated out of Stanford ChangeLabs, MUrgency recently received investments from Kris Gopalakrishnan and S D Shibulal led Axilor Ventures. The company launched its service in Tricity area in Punjab on February 16, with a responder network of 36 hospital emergency rooms, over 40 ambulances and more than 350 me...