Indian connected healthcare platform Eka Care scores $15M in Series A funding
Eka Care, a healthcare technology startup in India, has snapped up $15 million in a Series A funding round led by Hummingbird Ventures.
The investing round also saw the participation of 3one4Capital, Mirae Assets, Verlinvest, and Aditya Birla Ventures, among others.
This brings its total investment raised to nearly $20 million, including $4.5 million in seed funding that it raised in August last year.
WHAT IT DOES
Founded in late 2020, the startup provides Indian consumers with a connected healthcare platform where they can build their health profile. Its mobile patient app allows users to store medical records, such as prescriptions, laboratory and scan reports, vaccination records, heart rate trends, blood sugar data, and more. Moreover, the app also allows Gmail integration to store medical records from emails.
Since last year, the Eka Care app has been linked with the Ayushman Bharat Digital Mission, enabling users to connect with ABDM-affiliated health service providers and to create their Ayushman Bharat Health Account card.
Additionally, Eka Care also offers a full stack clinic management platform which allows doctors to create a digital diary, write digital prescriptions, and digitally communicate with their patients, as well as helps boost their online presence.
A year since it launched, Eka Care now claims to be the biggest repository of health records in India with over 30 million records and over 5,000 doctors using its EMR solutions.
WHAT IT’S FOR
The company plans to use its fresh funds for product development and hiring new talents. It will also be used for promotion initiatives to draw more patient and doctor users.
Early this month, Zyla Health, a mobile health management platform in India, bagged $1 million in pre-Series A funding, which it intends to use to further promote and integrate its offerings across the country’s health ecosystem.
Other Indian health tech companies secured investments in the first half of the year, including telehealth platform Truemeds, wellness company GOQii, virtual health firm MediBuddy and mental health startup heyy.