Funding News

HealthPlix Grabs $13.5 Mn in a extended series B round led by Lightspeed

Healthtech startup HealthPlix has landed fresh capital of $13.5 Mn as part of its ongoing series B round. While Lightspeed Ventures led the round, other high-profile investors & existing investors like Kalaaria Capital, Chiratae Ventures and JSW Ventures also particptated in the round. Although not confirmed, there is a liklehood that the Bengaluru based firm is likely to rause more funds in the ongoing Series B round.

As per the press reslease, the Bengaluru based company will use the funds to fulfil its aim of 5x growth by ramping ups its doctor base in the existing markets, adding newer geographical regions and medical specilaities as well as investing in teams and newer products.

Commenting on the latest funding, HealthPlix’s co-founder founder & CEO said Sandeep Gudibanda “doctors are at the core of healthcare delivery and at the core of a doctor’s day is his interaction with the patient. These few minutes matter most. It is in this precious interaction that health decisions get made, disgonistic test get prescribed, phamaceutical brands get choosen, surgical procedures get planned, and hospital referrals get made. This interaction is the moment of truth, where $88 billion of annual healthcare spend is decided. And in this moment of truth, the ONLY solution that doctors turn to for assistance is HealthPlix.”

Vaibhav agrawal, partner at Lightspeed, said “What sets HealthPlix apart is its doctor-first B2B approach. Doctors are the most influential decision-makers in healthcare. We believe whichever platform wins their trust will have the sole right to orchestrate the entire $88 billion of healthcare spend. The impact is very clear — improved health outcomes for patients, better practices for doctors, 10x better Insights for pharma and med device companies, and superior underwriting capability for insurers.

HealthPlix was founded in 2016 by Raghuraj Sunder Raju, Prasad Basavaraj, and Sandeep Gudibanda. It provides clinical software for doctors and has developed Electronic Medical Record software as part of this mission. It has developed a highly sphoisticated Electronic Medical Record (EMR) software.

 

 

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