Kolkata-based health-tech startup EasyBuyHealth, on Wednesday has raised $350,000 (Rs 2 crore) in its seed round of funding from a group of individual investors.
The healthcare services aggregator will use the capital to double its employee strength to over 100 in the next couple of quarters. Besides, it will improve its technical framework to build an all-encompassing healthcare platform for services ranging from preventive, operative, diagnostic to wellness.
“Bringing together a group of investors that understood what we’re trying to do and how our mission to make healthcare simplified, transparent and affordable, was very important to us. These marquee individual investors are industry veterans, and it is a validation of our business model, that they have chosen to invest in us,” Gagan Kapur, Co-Founder and CEO of EasyBuyHealth told to ANI.
Founded in 2016 by Gagan Kapur, EasyBuyHealth provides healthcare service and works with hospitals, diagnostic centres, and clinics. The platform has already associated with more than 662 brands in 11,000 locations across the country.
EasyBuyHealth aims to be a one-stop solution provider to discover, understand and avail healthcare services with a target to reach a customer base of over 1,00,000 by March 2018.
Earlier this month, Bengaluru-based digital medical consultation platform DocsApp raised $7.2 million in a Series-A funding round from Bessemer Venture Partners and Japanese firms Techmatrix Corp. and DeNa Networks.
Prior to that, home-focused healthcare platform Portea Medical raised $26 million Series C round led by new investors Sabre Partners and MEMG CDC. Online pharmacy marketplace Netmeds also secured an investment of $14 million led by Tanncam, a Cambodian investment holding company.
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. Another health-tech startup Doxper raised $750,000 in its seed round of investment led by Vidal Healthcare and GrowX Ventures.