HealthPlix, India’s most trusted and secure doctor software brand, announced the closure of $22million funding in Series C led by Avatar Venture Partners, SIG Venture Capital and existing investors which includes SW Ventures. The funding round marks the first health-tech growth stage investment done by venture capitalists in 2023. The proceeds from this round of funding will be used to ramp up doctor first product innovation, technology stack and to scale user acquisition efforts.
A significant percentage of the Indian population suffers from chronic diseases and several health-tech startups have emerged to serve their needs. Leading the health-tech segment, HealthPlix’s unique approach puts doctors first and solving for their pain points. Currently HealthPlix empowers 10K+ doctors who are treating 2.5 percent of India’s patient population and is working towards national health missions like Ayushman Bharat Digital Mission(ABDM). By 2024, the rapidly growing doctor base on Healthplix will include 25K+ doctors treating 15 percent of the entire population.
Sandeep Gudibanda, Co-Founder & CEO, HealthPlix said, “We are a 100% DOCTOR FIRST firm and that ethos has earned us significant TRUST from doctors. At HealthPlix, our vision is to drive better Health Outcomes at Population level. Today, we serve 2.5% of the entire Indian population. With these new funds, we aim to cater to 200-250Mn more patient lives in an 18-month time frame. Avatar and SIG share our passion and the doctor first ethos, delighted to be partnering with them. Securing Series C funding would be a first for a health-tech startup in 2023.”
Commenting on the investment, Sachin Tagra, Managing Partner, JSW Ventures said, “Since our investment in February 2020, HealthPlix has been able to build a preferred EMR platform for doctors across specialities and help pharmaceutical companies to build better products. We believe HealthPlix is on a strong journey in innovating solutions by leveraging data capture to deliver better outcomes for the patients.’
About Healthplix
Founded in 2014, HealthPlix is a leading clinical software platform for doctors in India. HealthPlix’s smart EMR software performs a wide range of clinical operations while providing Clinical Decision Support (CDS) intelligence. HealthPlix also provides a real world evidence based data analytics platform to medical practitioners and the pharma industry to improve medical outcomes.
About JSW Ventures
JSW Ventures is an early stage tech focussed venture capital fund. It partners with passionate entrepreneurs who are leveraging technology to build capital efficient and innovative businesses.
