Tuesday, April 16

Tag: healthcare

Google Glass-based startup raises $17 million in funding
FUNDING, News

Google Glass-based startup raises $17 million in funding

Augmedix Inc, a startup that uses Alphabet Inc's (GOOGL.O) Google Glass to provide documentation services to doctors and other healthcare workers, said on Monday it had closed a $17 million (11.7 million pounds) funding round led by investment firm Redmile Group. Augmedix's employees transcribe doctors' notes and update patients' electronic medical record through Google Glass. The San Francisco company, which has raised $40 million so far, also said it had received investments from five U.S. healthcare networks, including Sutter Health and Dignity Health, which together have more than 100,000 healthcare workers. Augmedix, with 400 employees, said it serves doctors in nearly all 50 U.S. states. Funds raised will be used to build up the service to serve more health systems and pr...
Exclusive Interview with 1mg Team After 100 crores Series B Funding
Story

Exclusive Interview with 1mg Team After 100 crores Series B Funding

1mg, India’s leading consumer health platform, announced a 100 Cr Series B investment led by Maverick Capital Ventures, the venture capital fund affiliate of Maverick Capital. Looking the deal size and work-force 1mg seems a clear leader in the digital health market in India. Founded by Prashant Tondon, Gaurav Agarwal, Vikas Chauhan and Started as HealthKartPlus, 1mg grew to become the “Wikipedia” of medicine information, highlighting saving potential of ~70-80% on medicine costs by considering alternate brands for the same generic salt and creating transparency for the consumer in an otherwise very opaque and hard to understand market. To know more about this startup, we request 1mg team for an exlusive interview regarding their recent success and future strategies. Here is what the...
Home Healthcare Startup, Healers At Home Raises Funding From Daljit Singh (President, Fortis Healthcare) & Others
FUNDING

Home Healthcare Startup, Healers At Home Raises Funding From Daljit Singh (President, Fortis Healthcare) & Others

Delhi-based home health care service startup, Healers At Home, has raised an undisclosed amount of funding from Daljit Singh (President, Fortis Healthcare), Dr. Pramath Raj Sinha (Founder, ISB), BVR Mohan Reddy (Chairman at NASSCOM & Director on the Board of Hyderabad Angels) and a few more angel investors. Founded in June 2014, Healers At Home, provides customers an easy access to affordable yoga & physiotherapy home services. Besides, Delhi-based coworking space provider, 91springboard, also played an integral role in the growth story for the healthcare startup. Speaking on the development, Kshitij Garg, founder of Healers At Home said, “The plan is to become the market leader in the current set of services and introduce nursing in near future.” The startup will use the f...
With 23 Portfolio Companies across 6 Sectors, Unitus Touches 655,000+ Lives across 22 States of India
ANALYSIS

With 23 Portfolio Companies across 6 Sectors, Unitus Touches 655,000+ Lives across 22 States of India

25 February 2016, Bangalore: Unitus Seed Fund, India’s leading seed-stage impact investor, released its annual fund and portfolio impact report. Since 2013, the fund has made a total of 23 investments across sectors including Education, Healthcare, Financial Technology, Agriculture, Retail and Ecommerce, Mobile and Consumer. Their new impact report shows doubling of the total portfolio reach, touching more than 6.5 lac low-income lives across 22 states in India. According to the Global Impact Investing Network, the market for impact capital is currently $60B and is expected to reach $2 trillion over the next 10 years. In India, there has been a shift of mindset from pure not-for-profit enterprises to establishing sustainable and scalable market-based models to tackle low-income popul...
This Healthcare Start-up Completed 30,000 Registrations in Three Months
Story

This Healthcare Start-up Completed 30,000 Registrations in Three Months

Recently launched professional networking platform for accredited medical practitioners, eMediNexus has completed 30,000 registrations in a nominal period of three months. With the promise of providing the latest developments in medicine as well as helping doctors regularly update their knowledge, eMediNexus reaches over 2 lakh doctors on a daily basis through its e-newspaper eMediNews. Working at the intersection of clinical learning, networking, and advocacy needs of the medical profession, this platform has within a very short period of time established itself as a consolidated voice of doctors in India. In fact, it has seen great success in digital advocacy having had successfully run the IMA Satyagraha campaign with the Indian Medical Association aimed at garnering support of...
Practo Releases Healthcare Map of India 2015
Story

Practo Releases Healthcare Map of India 2015

Practo, Asia’s leading healthcare platform today released its annual healthcare findings – The Practo Healthcare Map of India 2015 which aims to highlight the key consumer healthcare concerns. The report also highlights the fastest growing concerns to enable the healthcare industry focus on the illness types that ail the population today as well as pro-actively address those that could become the next set of challenges. This report is based on search data from Practo which has nearly 40 million appointments per year and over 75M searches across 200,000 doctors and over 200 specialties. Key finding – Healthcare Map of India 2015 · Overall India: Total search volume grew over 9x to 10M+ searches a month. The fastest growing searched specialties are: o Gastroenterologists - 204% o ...
India’s drug stores plan protest against online pharmacy
News

India’s drug stores plan protest against online pharmacy

Reuters- As many as 850,000 small chemist shops in India will shut for a day next week to protest against a burgeoning online pharmacy industry that is attracting big money backers. The one-day nationwide strike on Oct. 14, called by the All India Organization of Chemists and Druggists (AIOCD) comes as a government panel started working on regulations for the sector. Healthcare provider Apollo Hospitals Enterprise Ltd plans to start online drug sales in India, while Zigy, and Sequoia Capital-backed 1mg already have e-pharmacies to tap a retail market IMS Health says is worth about $13 billion. (more…)
Practo acquires Qikwell, Hospital appointment scheduling platform
ACQUISITION

Practo acquires Qikwell, Hospital appointment scheduling platform

Healthcare startup Practo today said it has acquired Qikwell, a company that facilitates appointment scheduling at hospitals, for an undisclosed amount. The buyout makes Practo the world's largest appointment booking platform with nearly 40 million appointments managed every year, it said in a statement. (more…)