Health-tech startup Doxper has raised $750,000 in its seed round of investment led by Vidal Healthcare and GrowX Ventures.
The startup which provides solutions for instant digitisation and archival of prescriptions and health records using just pen and paper, also saw participation from angel investment platform Capier Investments, online venture capital firm Globevestor, and others in the funding round
As part of the deal, Girish Rao, managing director of Vidal Healthcare, and Siddharth Dhondiyal of GrowX Ventures have joined Doxper’s board of directors, reported by ET
Shailesh Prithani, cofounder of Doxper said, “Capital raised will be deployed to scale up operations and to further enhance technology platform by improving or adding more layers on top of the current stack including machine learning, handwriting recognition and AI for better care outcomes. The vision is to make Doxper the de-facto choice for healthcare digitisation in India and other emerging markets.”
The startup was founded by Randeep Singh, Pawan Jain, and Shailesh Prithani, all from healthcare analytics and technology background. Doxper has developed an encoded pen and paper system, through which doctors can write prescriptions and patient information, and the data automatically gets transferred to the cloud.
The doctor and patient are connected via the Doxper’s app that retrieves the sorted data from the Doxper server. The company is primarily active in Delhi/NCR, Jaipur, Pune, Bangalore and Mumbai.
Of late health-tech startups have managed a decent funding record. Earlier Touchkin, raised $1.3 million from Kae Capital and a clutch of investors. Gurugram-based digital health startup 1mg secured $15 million in Series C round led by HBM Healthcare Investment. Bengaluru-based biopharmaceutical firm PlasmaGen BioSciences raised $25 million from Eight Roads Ventures India (former Fidelity Growth Partners) and US-based F-Prime Capital Partners.