SUMMARY
The company intends to use these funds for hiring, product development, marketing and assisting doctors in setting up their digital clinic
Eka.Care provides a full-stack platform to facilitate tracking and reporting of outcomes for both doctors as well as patients
India’s healthtech market is expected to reach a market value of $21 Bn by 2025
Healthtech platform Eka.Care has raised seed funding of $4.5 Mn from a clutch of leading angel and early-stage investors. The list of angel investors includes MakeMyTrip founder Deep Kalra, INDMoney founder Ashish Kashyap, MakeMyTrip cofounder Rajesh Magow, CRED founder Kunal Shah, 314e Corporation founder Abhishek Begerhotta, Udaan cofounder Sujeet Kumar, Unacademy cofounder Gaurav Munjal, Razorpay cofounder Shashank Kumar, redBus founder Phanindra Sama, redBus CEO Prakash Sangam, Terra.do founder Anshuman Bapna, Tracxn CEO Abhishek Goyal, Haptik CEO Aakrit Vaish, among others.
The round also witnessed participation from early-stage Venture Capital firms – 3one4Capital, Eximius Ventures, and Speciale Invest.
The company intends to use these funds for hiring, product development, marketing and assisting doctors in setting up their digital clinic.
Founded in December 2020 by Vikalp Sahni and Deepak Tuli, Eka.Care provides a full-stack platform to facilitate tracking and reporting of outcomes for both doctors as well as patients. The platform offers features like appointment management, communication between doctor and patients, AI driven digital prescriptions, integrated payments, and high-end in-clinic and tele-consultation solutions. Currently it is available in over 12 languages.
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 digitisation 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.”
Deepak Tuli, cofounder 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.”
He also added, “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.”
Recently, Eka.Care became the first company to integrate with the CoWIN portal in June this year, allowing booking of vaccination slots. The Eka.Care platform’s integration with CoWIN offered services such as slot booking, pre and post-vaccination tele-consultation and vaccination certificate downloading.
Due to the occurrence of the covid19 pandemic, the country experienced a rise in the number of health conscious citizens. This immediately led to a rise in the number of healthtech startups too.
According to data from Inc42 Plus, India’s healthtech market is expected to reach a market value of $21 Bn by 2025. Between 2014 and March 2020, over $2.3 Bn was infused in Indian healthtech startups. As of now, there are more than 290 funded healthtech startups and this number is only increasing day by day.
