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Healthians Receives INR 85 Crore in Series B Funding Round

Japan-headquartered firm, DG Incubation and DG Daiwa Ventures led the funding round of the startup.
BY Jaspreet Kaur
Feature Writer, BusinessEx
Nov 18,2019

Healthtech startup, Healthians has lately obtained INR 85 crore in Series B funding round. The Japan-headquartered firm, DG Incubation and DG Daiwa Ventures led the funding round of the startup. Other investors who participated in the funding round are Trifecta, Mistletoe, Kotak PE and Tokio Marine, reported Inc42. 

The health tech startup essentially renders healthcare services at home; the company decides to employ its funds to increase its geographical presence and dive deeper into the areas where it presently operates. Furthermore, it decides to work on its technical skills and add on new products for its users. 

“We are not just focusing on large cities but will continue to take our services to many more tier II and tier III cities which are in need of affordable, fast and accurate diagnostic services,” Inc42 reported citing founder and CEO of Healthians, Deepak Sahni’s statements.  

Healthians was established in 2015 and is based in Gurugram, Haryana. The company aids users in ascertaining affordable healthcare services and gives transparency in price as well as quality. Its platform bridges diagnostic labs, close by physicians and crowdsourced sample collectors.

Business Expansion 

In the present year, the health tech startup has expanded to more than 30 cities and is preparing to go deeper in these areas by 2021. Furthermore, it asserts to have a customer base of more than 7.5 lakh. It fundamentally aids customers in improving their lifestyles by managing an artificial intelligence-based algorithm.

The firm is developing a lab network of Healthians in collaboration with diagnostic labs, which will render systematized processes, user experience, and pricing. It has established over 16 lab networks so far and is deciding to add another 50 cities to its network in the coming year. 

In 2016, Healthians had collected INR 20 crore in Series A funding round from Japan-headquartered investment company, BEENEXT. Other investors who participated in the funding round were BEENOS and Digital Garage. 

In seed investment round, Indian cricketer, Yuvraj Singh’s firm, YouWeCan Ventures, Aprameya Radhakrishna, Co-founder of Taxi ForSure and Subramanya SV, Managing Director at Bessemer Venture Partners infused money in the health tech startup.   

The company works along with a skilled and certified team of sample collectors for obtaining samples from home and examining those samples at its laboratories.

Other competitors of Healthians in the race are Dr. Lal Path Labs, Dalmia Medicare, and Fortis Healthcare-operated SRL.

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