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HealthPlix bags $13.5 million in Series B funding

Bengaluru: HealthPlix Technologies Pvt Ltd, which runs an artificial intelligence-based medical records platform, on Wednesday said it has raised $13.5 million (around Rs 99 crore) as part of its ongoing Series B round.

The funding was led by Lightspeed and joined by existing investors JSW Ventures, Kalaari, and Chiratae.

The Bengaluru-based startup was established in 2016 by Raghuraj Sunder Raju, Prasad Basavaraj, and Sandeep Gudibanda. Its platform allows doctors to interact with patients, hospitals, diagnostic laboratories, pharmaceutical/equipment manufacturers, and insurers.

The startup is supporting more than 60,000 consultations across over 15 specialties on a daily basis, it claims.

Vaibhav Agrawal, partner at Lightspeed, and a former physician said that what sets HealthPlix apart is its doctor-first B2B approach.

Other health-tech ventures have attracted investor attention in the recent past.

The venture capital firm’s third fund will continue to focus on early-stage startups in India. Lightspeed initially invested in India through its global funds.

Since it began operating in the country in 2007, it has committed more than 80% of its investments at the seed and Series A stages.


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