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Mumbai
Tuesday, April 16, 2024

This SaaS startup just raised $22 million to expand its health tech business

HealthPlix Technologies, located in Bengaluru, has announced the completion of a $22 million Series C investment round headed by Avataar Venture Partners and others.

Avataar Venture Partners, SIG Venture Capital, and current investors, including Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, and Chiratae Ventures, have invested $22 million in HealthPlix Technologies, a Bengaluru-based healthtech business.

According to a news release from HealthPlix, the revenues from this investment will be used to accelerate product innovation, improve the technological stack, and scale up user acquisition activities.

HealthPlix received a $2 million loan round from Blacksoil Ventures last year. The firm raised $13.5 million in a Series B financing led by Lightspeed in March 2021.

HealthPlix, which was founded in 2014, offers a productivity suite to doctors, allowing them to organise patient visits, generate and exchange Electronic Magnetic Records (EMR), manage online consultations, and more.

According to the firm, the HealthPlix platform is utilised by over 10,000 clinicians.

Since its inception, the company’s product portfolio has grown to include services like Drug-to-Drug Interactions (DDI), Mobile EMR, AI-powered Smart Scan, and Doctor Insights Dashboard, among others.

Taushif Patel

Taushif Patel is a Author and Entrepreneur with 20 years of media industry experience. He is the co-founder of Target Media and publisher of INSPIRING LEADERS Magazine, Director of Times Applaud Pvt. Ltd.

Taushif Patelhttps://taushifpatel.com
Taushif Patel is a Author and Entrepreneur with 20 years of media industry experience. He is the co-founder of Target Media and publisher of INSPIRING LEADERS Magazine, Director of Times Applaud Pvt. Ltd.

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