The health tech companies in India are improving the Indian healthcare sector. The healthcare sector become advanced because of technology. It makes healthcare services affordable, easily, and quickly accessible and provides an effective solution to patients. Because of the technological revolution, many medical issues, such as rural healthcare access, shortage of medical services, telemedicine, e-pharmacies, wearables, maintaining the patient’s records, etc, have been resolved. These top IT healthcare companies in India are responsible for this development.
Here are the best health tech companies in India:
Table of Contents
Pharmeasy
Pharmeasy is a trusted brand in the healthcare industry, it’s committed to their patients. This was founded in 2015 by Dharmil Sheth and Dhaval Shah in Mumbai. This provides efficiency, care, and cutting-edge solutions to patients. It offers a one-stop destination for wellness products, pharmaceuticals, online doctor consultations, lab tests, etc. The best service it offers, pharmeasy provides a wide range of services and it makes buying medicines simpler and quick.
Website: www.pharmeasy.in
Founder: Dharmil Sheth, Dhaval Shah, Mikhil Innani
Company Size: Approximately 3000
Fundraising Amount: $1.4B
Investors: Aarin Capital, Astarc Ventures, Bessemer Venture Partners, Caisse de Depot et Placement du Quebec, Eight Roads Ventures, Eight Roads Ventures India, F-Prime Capital, Fundamentum, JM Financial, KB Financial Group, LGT Group, Manipal Group, Nandan Nilekani, Orios Venture Partners, Prosus Ventures, TPG, Temasek Holdings, Think Investments.
Access Healthcare
Access Healthcare is one of the best healthcare tech companies in India. The founder of Access Healthcare was Vardhman Jain in 2011, and it has 19 global delivery centers in India, the U.S., and the Phillippines. It offers various services including business process outsourcing, applications services, and automation tools to health systems, providers, and hospitals. The company provides administrative, clinical, and financial solutions. The features include appointment management, clinical documentation, and dental management. They also provide medical billing solutions and more.
Website: www.accesshealthcare.com
Founder: Shaji Ravi
Company Size: 25000+ employees
Fundraising Amount: $129 Billion
Investors institutional investors include Athenahealth, Perot Jain, and Hillwood Group.
MediBuddy
MediBuddy is a digital healthcare platform that provides various services such as online consultation, medicine delivery, healthcare insurance, and tests. It also has an app to give better accessibility to users. MediBuddy collaborates with labs, healthcare providers, and pharmacies to provide excellent experiences for customers.
Website: www.medibuddy.in
Founder: Enbasekar Dinadayalane, Satish Kannan
Company Size: 1000 employees
Fundraising Amount: $210M
Investors: 29 institutional investors, including Quadria Capital, Bessemer Venture Partners, and Rebright Partners.
Practo
Practo provides services for individual doctors, and it is one of the older healthcare startups in India that offers a practice management and telemedicine platform. It is used as a directory of doctors; patients can search doctors’ profiles, review them, and make their decisions. You can schedule video calls and telephone consultations. It is a solution for individual doctors and clinics. This platform is also used to manage prescriptions and the purchase of medications.
Website: www.practo.com
Founder: Abhinav Lal, Shashank ND
Company Size: 10000+ employees
Fundraising Amount: $228.2M
Investors: Sequoia Capital is the largest institutional investor in Practo. Indus Khaitan and nine others are Angel Investors in Practo.
Netmeds
Netmed is the biggest healthcare tech startup in India. It provides online platforms for medicines delivery and other healthcare products. The company has a million users and services and fourteen logistic centers across the country. At present, their app has 2 million users.
Website: www.netmeds.com
Founder: Pradeep Dadha
Company Size: 500-1000 employees
Fundraising Amount: 99M USD
Investors: Daun Penh Cambodia Group, Sistema Asia Capital, Tanncam Investment, OrbiMed.
Meril Life
Meril Life is a global medical device company known for its innovations in the healthcare industry. It provides several medical devices and products related to cardiology, orthopedics, gastroenterology, radiology, and more. Meril Life focuses on research and development to create advanced and innovative solutions.
Website: www.merillife.com
Founder: Dhruvi Kotadiya
Company Size: 5000+ employees
Fundraising Amount: 15B INR
Investors: Warburg Pincus
Healthkart
HealthKart is a health and fitness store that provides various products such as vitamins, minerals, fitness equipment, sports nutrition, health devices, and more. It has a mobile application where the users can access their services and personalized product recommendations. This also offers fitness consultation services.
Website: www.healthkart.com
Founder: Chella Pandyan, Sameer Maheshwari
Company Size: 1200+ employees
Fundraising Amount: 3.1 billion Indian rupees
Investors: 3 institutional investors, including Kae Capital, Peak XV Partners, and Intel Capital.
HealthifyMe
HealthifyMe focuses on developing eating habits, fitness, and a healthy lifestyle. It provides personalized wellness services. This offers continuous glucose monitor by analyzing your food habits through the app. One of the best things about HealthifyMe is it is the first startup that provides insight into nutrition. It gives a smart scale to monitor weight and body consumption.
Website: www.healthifyme.com
Founder: Mathew Cherian, Sachin Shenoy, Tushar Vashisht
Company Size: 500-1000 employees
Fundraising Amount: Rs 228.7 crore
Investors: LeapFrog Investments and Khosla Ventures
Docplexus
Docplexus especially designed an online platform for clinicians. This builds a community of doctors. It provides information about the latest developments, treatment procedures, research, etc. Docplexus allows doctors to take better decisions for the patients.
Website: www.docplexus.com
Founder: Phanish Chandra
Company Size: 100 employees
Fundraising Amount: $700k
Investors: sp. group, GVK Davix Technologies, and o3 Capital.
HealthPlix
HealthPlix is a health-tech company. It offers digital solutions that help to enhance the efficiency and quality of patient care. The company also helps to manage patient records, prescriptions and other medical information. It designed a special system called the Electronic Health Record System. It is a digital version of patient’s paper charts that contain comprehensive health information.
Website: www.healthplix.com
Founder: Raghuraj Sunder Raju, Sandeep Gudibanda
Company Size: 400 employees
Fundraising Amount: $44.5M
Investors: Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, Avataar Venture Partners, SIG Venture Capital, Lightspeed Venture Partners, Chiratae Ventures.
Truemeds
Truemeds is an online pharmacy that provides affordable and accessible medications to individuals. It offers medicines at discounted prices that make it more cost-effective for users. Truemeds also gives online consultation services so users can consult with highly qualified doctors.
Website: www.truemeds.in
Founder: Akshat Nayyar, Kunal Wani
Company Size: 300 employees
Fundraising Amount: $2.1 billion
Investors: 5 investors, including Info Edge ventures and Westbridge Capital
EkinCare
Ekincare was established to maintain the medical records secured and organized. They are stored in the cloud and easily accessible from anywhere, anytime. It also provides personalized solutions by using wearable sensor data to care for the patients better.
Website: www.ekincare.com
Founder: Dinesh Koka, Kiran Kalakuntla, Srikanth Samudrala
Company Size: 200-500 employees
Fundraising Amount: $20.7M
Investors: Ventureast, Touchstone Equities, and Sabre Partners India.
NIRAMAI
NIRAMAI, meaning Non-Invasive Risk Assessment with Machine Intelligence. The goal of this startup is to reduce breast cancer through early detection. It used technology called Thermalytix. This is designed to provide comfort for women without any contact. NIRMAI has received awards for its innovative ideas for breast cancer detection.
Website: www.niramai.com
Founder: Geetha Manjunath, Nidhi Mathur
Company Size: 1-10 employees
Fundraising Amount: $6.1M
Investors: Pi Ventures, Axilor, Ankur Capital, Binny Bansal, and international investors such as Dream Incubator (Japan), BeeNext (Singapore), and 500 Startups(US).
Conclusion
In this blog, you get detailed information about the healthcare startups in India. Healthcare I.T. in India is significantly growing and driving innovation. They focus on enhancing patient care, operations, and the overall healthcare sector. The demand for advanced healthcare solutions continues to rise, so the future of the healthcare industry is bright in India.
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