Healthcare Startup, Healthenablr Raises USD $800k as Seed Funding
Tele-healthcare startup, Healthenablr, a recent player in the healthcare technology and services sector, recently closed their seed round of funding at approximately USD $ 800,000 (Rs. 5.5 Cr.). The round of investment was raised by a mixed group of professionals, including some very significant names from Silicon Valley and Hong Kong.
Based out of Mumbai and incorporated in September 2015, HealthEnablr is a data-driven tele-healthcare company. It assists patients in connecting with healthcare services and practitioners worldwide through its proprietary web and mobile platform.
The company offers two products and services through its mobile and web application, Pocclinic and Poccare. Pocclinic is doctor-centric mobile app which concentrates on reducing “no-shows” for doctors and healthcare service providers while improving patient engagement by offering a network of local and global patient.
Poccare is the patient-centric mobile app can help subscribers find, compare and book appointments with leading doctors, hospitals, diagnostics and wellness chains from the comfort of their home. In addition, patients can also pre-pay and avail discounts for their appointment using their credit or debit card and on-line wallets such as Paytm.
The Story Ahead
The company plans on channelling this investment to further develop their patented EMR technology and consolidate sales efforts. Avishek Mukherjee, CTO and co-founder said,
“This funding has timed perfectly with a new release of our patented EMR software that not only allows doctors to generate online invoices and prescriptions, but also enables them to keep track of their patient vitals, medications, follow up appointments etc. At healthenablr, our goal is not just to provide doctors with a way to digitalize their practice, but to provide them with the best, most cutting edge technology, making it easier for them to manage their practice online.”
With regards to future investments, Healthenablr CEO and Co-founder, Bamasish Paul, said, “We will look at raising our next round of funding mid this year, with the aim of expanding the business to over 8 more cities. Our most recent product release has brought made our product extremely competitive when it comes to quality. All our efforts are now concentrated on scaling up and better ingour sales and delivery vertical as well as enhancing the technology behind the product, so you can expect exciting developments on the technological front in the near future”.
How it all Started
HealthEnablr was incorporated in September 2015 by Booth School of Business graduates Bamasish Paul and Avishek Mukherjee. The duo was part of the runner-up team in the Global New Venture Challenge which helped them in learning ways of building a global company. Having experienced the traditional healthcare system in India, they wanted to focus on this industry. They formed a team with those sharing a similar thought process and thus, HealthEnablr was launched. The idea was to increase the accessibility of healthcare throughout the country, be it through phone or the web and enable healthcare providers to reach out to their patients better with the help of technology. Through this platform, they want to bridge the existing gap of quality health care solutions in urban and semi-urban areas in a cost-effective manner.
Currently operating in Mumbai and Kolkata, the company plans to expand their services to 8 cities, with a network of over 50,000 verified doctors by the end of 2016. While Healthenablr currently offers products and services through its mobile and web application, it has plans to expand into a healthcare marketplace, enabling patients to choose and buy healthcare package from Healthenablr as well as its growing network of affiliate partners. Other plans in the pipeline include tie-ups with hospitals and healthcare chains, remote patient management solutions and wearable healthcare and medical device integration.
Website: Healthenablr
Also Read: The other players in Health Care Sector
Akash Boaz
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