EKA.CARE, A HEALTH-TECH STARTUP RAISES $4.5 MILLION IN SEED ROUND FUNDING.2 years ago Rituka M
The onset of the pandemic has led to increased adoption of technology in the healthcare industry, moving towards e-pharmacy, online consultations, e-diagnostics & homecare services, among others. The digitalization of healthcare & implementation of AI will lead to improved quality of patient care, increased access, affordability, lower costs, and personalization of healthcare services. The Indian startup ecosystem has also been thriving & adapting to these changes, and there are about 3000 health-tech startups that are working towards bridging the gap between the rural and urban healthcare industries. A few of the leading health-tech startups in India are PharmEasy, CureFIt, Practo, CallHealth, among others. Analyzing the need for the integration of technology with healthcare & bridging the gap between the service providers, service seekers & diagnostics, Vikalp Sahni & Deepak Tuli, former co-founders of Goibibo, founded Eka.Care in December 2020.
Eka.Care is a full-stack platform that digitally enables & connects the healthcare ecosystem, including care seekers, doctors, and diagnostic labs. The platform facilitates tracking & reporting of outcomes and provides features such as appointment management, communication between doctor and patients, AI-driven digital prescriptions, integrated payments, and high-end in-clinic and teleconsultation solutions. Eka.Care is currently available in 12 languages & enables Indian families to create multiple health profiles, store health records such as vaccination charts for children, developmental milestones, AI-driven digital prescriptions, lab reports, integrated payments, scans, and sharing of records with healthcare providers.
Recently, on 19th July 2021, Eka.Care raised a seed funding of $4.5 million (Rs. 33.7 crores) led by early-stage investors such as 3one4Capital, Eximius Ventures, and Speciale Invest, and marquee angel investors such as Deep Kalra (founder, MakeMyTrip), Ashish Kashyap (founder, INDMoney), Rajesh Magow (co-founder, MakeMyTrip), Kunal Shah (founder, Cred), Abhishek Begerhotta (founder, 314e Corporation), Sujeet Kumar (co-founder, Udaan), Gaurav Munjal (co-founder, Unacademy), Shashank Kumar (co-founder, Razorpay), Phanindra Sama (founder, redBus), Prakash Sangam (CEO, redBus), Anshuman Bapna (founder, Terra.do), Abhishek Goyal (CEO, Tracxn), Aakrit Vaish (CEO, Haptik), among others. Speaking on the investment, Vikalp Sahni, founder, and CEO, Eka.Care said, “Today most of our life revolves around digital solutions, be it entertainment, finance, travel, or social. These tools are available at the touch of our fingertips. Unfortunately, healthcare digitization in India is lagging. Our vision is to bring change in the way healthcare is delivered in the country by building tools for Healthcare Providers and patients.” Adding, Deepak Tuli, co-founder, and COO, Eka.Care said, “The way health care is being delivered in the country is going through a change. Both healthcare providers and patients need technology support to adapt to the change. We are building solutions to adapt to their changing needs. Health records are the primary requirement for a better health economy. In India, we are not used to storing health records digitally which results in unnecessary repeat tests and patients end up paying the higher cost for their treatment.” The company intends to utilize the funds towards product development, marketing, assisting doctors in setting up a digital clinic, as well as hiring new talent, which can help establish the brand in the healthcare segment.