healthcare | Pixr8 News

9Jan By NitishNo Comments

FUNDING

Bangalore Based Health Care Startup MobiDent Raised Pre Series A Funding

Bangalore-based healthcare startup MobiDent has raised Pre Series A funding from New York-based DanGold Investment Corp. The funds will be utilised to roll out home dental services in 12 cities across India. The company also plans to hire 250 dentists and invest in strengthening digital technology, marketing and sales with the help of these funds. In August 2016, the company secured funding from IIM-Ahmedabad’s Centre for Innovation incubation and Entrepreneurship (CIIE). Speaking on the development, MobiDent’s Vivek Madappa said “The time is right for disruptive innovation using digital technology and portable equipments.” “The investment will enable us to enhance our technology platform, strengthen marketing & sales and hire 250 dentists across the country. The funds will also...

Practo Acquires Bengaluru Based Analytics Platform Enlightiks

17Dec By NitishNo Comments

ACQUISITION

Practo Acquires Bengaluru Based Analytics Platform Enlightiks

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, comp...

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...

10Oct By AnkitaNo Comments

FUNDING

Machine-learning Platform for Healthcare DocSynk Closes $1 Million Seed Funding

DocSynk's new machine-learning platform uses data science to put people in control of their healthcare, driving productivity and reducing costs for employers, insurers, and doctors. Finding doctors, scheduling appointments, keeping on top of insurance, and complying with wellness and treatment plans are challenges we all have to face. It's a lot to keep track of. DocSynk is working to make it all much easier with a smarter, simpler app that uses the latest in machine learning and data science to deal with the complexity. Today, the company announced that it closed a $1 million seed funding round led by Hyderabad-based Naya Ventures. "DocSynk's mission of bringing transformation in patient engagement is sorely needed in US healthcare. Organizations of every size are looking for DocSyn...

Indonesia Based GO-JEK Acquires Bangalore Based Startup Pianta

27Sep By AnkitaNo Comments

ACQUISITION

Indonesia Based GO-JEK Acquires Bangalore Based Startup Pianta

Indonesia's based food and grocery delivery startup GO-JEK has acquired Bangalore based Pianta, a marketplace for home healthcare services, for an undisclosed sum. Post the acquisition, Pianta's eight member team will merge with GO-JEK's engineering centre in Bangalore. Founded in 2010, GO-JEK has over two lakh motorbike taxis, known as "ojeks" in its fleet. Since then, the company has diversified into food, grocery and even courier delivery services. GO-JEK raised $550 million in 2016 from the likes of KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets. In India, GO-JEK doesn't have any services but has an engineering centre in Bangalore where it employs 60 people."Pianta's core team comes from Ola and Flipkart and their expertise in the logistics and payments s...

9Sep By NitishNo Comments

FUNDING

18 Year Old Raises 1 Cr Funding For His Health Tech Startup Cureinstant

Age is just a number and sometimes people like Hamraj Kumar proves this true. This 18 year old boy has not only thought to change something big in healthcare sector but is also working hard towards making it a reality. Every one of us is afraid to do something early in our life because of the fear to fail due to inexperience. Hamraj has proved all of this wrong and is firmly moving towards his goal. He started a company named Cureinstant to make our life better. The inception of the idea was based on a mere fact that when in this social world everything around us is social then why not our health. We humans have been bestowed upon by the almighty a great sense of responsibility. People like Hamraj makes it more firm. There are problems in everyone’s life but the biggest problem of ...

Tata Group Tie-up With Yale University For Research & Development and Funding

29Aug By AnkitaNo Comments

BUSINESS

Tata Group Tie-up With Yale University For Research & Development and Funding

Indian conglomerate Tata Group and US prestigious Yale University have launched a collaboration that will focus on promoting research and its application in fields like network science, data science, healthcare and microbiome research. Tata has committed to fund the alliance over five years. However, the company did not disclose the financial details. The project would foster an intellectual exchange between the university and Tata Sons, Tata Consultancy Services and Tata Chemicals. "The initial aim of the alliance is to expand research and its application in fields ranging from network science to data science to healthcare. During each year of the agreement, Yale will also host visiting Tata scholars, who will actively participate in the research projects," Yale said in a statement is...

SAIF Partners Invests $1 Million in Online Counselling Platform YourDOST

29Jun By NitishNo Comments

FUNDING

SAIF Partners Invests $1 Million in Online Counselling Platform YourDOST

Venture capital firm SAIF Partners today announced that it has invested USD 1 million (around Rs 6.8 crore) in a pre-series A funding deal in online counselling platform YourDOST. "SAIF Partners has invested USD 1 million into the Bengaluru-based venture which offers online counselling and emotional wellness support to users to bolster their mental health," Saif Partner said in a statement. YourDOST has raised a total of USD 1.2 million in the round with the repeat participation of seven angel investors- Venk Krishnan (NuVentures), SubbaraoTelidevara (NuVentures), PhanindraSama (Redbus), Aprameya (Taxi4Sure), Paula Mariwala (Seedfund), Vibhu Garg (Unicommerce), Gaurav Bhalotia (Flipkart). "YourDOST will strategically allocate the funds raised to rope in senior professionals from t...

JSW Ventures Gets Sebi Nod For Startup Investments

23Jun By NitishNo Comments

News

JSW Ventures Gets Sebi Nod For Startup Investments

JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country. JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and enterprise software space. The fund will have an initial corpus of Rs 100 crore which it will invest over a three-year period. "JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from Securities and Exchange Board of India (Sebi), paving the way for it to begin investing," a statement by JSW said. "Technology innovation is happening across sectors, from old-fashioned verticals like real estate to research-driv...

India’s Biggest Online Healthcare Platform Practo Expand Overseas

12Jun By AnkitaNo Comments

News

India’s Biggest Online Healthcare Platform Practo Expand Overseas

Digital healthcare platform Practo is intensifying expansion in key markets, including Southeast Asia, Latin America, the Middle East and eastern Europe besides adding 65 new cities in India during 2016. The Bengaluru-based firm claims it manages over 40 million appointments across 35 cities in India and in countries such as Singapore, Indonesia, Philippines, and Brazil. The company is present in over 50 cities in 15 countries around the world. "We plan to expand our footprint from 35 to 100 cities in India, while internationally expanding further across South East Asia, Latin America, Middle East and Eastern Europe," Practo Founder & CEO Shashank ND said. Elaborating on the companys plans, he said "We will expand further into our existing international markets by covering ...

Rise of the Home Health Care Industry in India

4May By Sonia MotwaniNo Comments

Story

Rise of the Home Health Care Industry in India

The Home Healthcare industry in India was once an unorganized and scattered division with the lack of appropriate technology and a proper business model. However, the scenario has changed in the last few years with new entrepreneurs and investors focusing their interest towards the hugely potent sector whose worth was evaluated at a whopping $2.2 billion in 2013 by a reputed consulting firm. Further, the projected rate of growth is said to be 8 percent per annum till 2020 which is again quite promising, to say the least. With an aging population and an increase in the type of chronic illness, there is an increase in the need of quality health care. With the current hospitals and conventional health care system seeming too inconvenient to access, the home healthcare industry has a massiv...

1May By AnkitaNo Comments

FUNDING

Online Doctor Consultation Startup DocsApp Raises $1.2 mn Seed Funding

Online doctor consultation app DocsApp has raised a seed investment of $1.2 million from Japanese venture capital firm by Rebright Partners and angel Investors Anand Rajaraman and Venky Harinarayan, who were also the early investors in Facebook. Satish Kannan, CoFounder & CEO, DocsApp, said, “With mobile phones becoming the key medium of communication across the country, DocsApp takes advantage of this widespread network to provide high quality primary healthcare services to people across India through our mobile application. The patient doesn't need to travel to have a medical consultation. We want to bridge the gap between patients and doctors through this platform so that people can get expert consultation on demand. We believe that this will also help us take specialised care d...