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Sunday, May 19, 2024

Eka Care gets $15M for product development, hiring new talents

Indian connected healthcare platform, Eka Care, has secured $15 million in a funding round. The startup will use the money for product development and hiring new talents.

Hummingbird Ventures led a $15 million Series A fundraising round for Eka Care, an Indian healthcare IT business.

3one4Capital, Mirae Assets, Verlinvest, and Aditya Birla Ventures were among the other investors in the round.

This raises the company’s total investment to roughly $20 million, including $4.5 million in seed money raised in August of last year.

The firm, which was founded in late 2020, offers Indian consumers a linked healthcare platform where they may develop their health profile.

Users can keep medical documents such as prescriptions, laboratory and scan reports, vaccination records, heart rate trends, blood sugar readings, and more on its mobile patient app.

Furthermore, the software supports Gmail integration for storing medical records from emails.

The Eka Care app has been integrated with the Ayushman Bharat Digital Mission since last year, allowing users to connect with ABDM-affiliated health service providers and establish their Ayushman Bharat Health Account card.

Eka Care also provides a full-stack clinic management platform, which allows doctors to establish a digital journal, write digital prescriptions, and communicate with their patients digitally, as well as help increase their internet profile.

Eka Care claims to be India’s largest repository of health records a year after its introduction, with over 30 million records and over 5,000 clinicians using their EMR systems.

The money will be used by Eka Care for product development and recruiting new employees. It will also be utilized for marketing activities to attract additional patients and doctors.


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