Gurugram-based healthcare analytics startup THB (Technology | Healthcare | Big Data Analytics) has raised $2.1 Mn (INR 14 Cr) funding from Blume Ventures and HealthQuad. Existing investors like Fireside Ventures; Apoorva Patni, Director of Currae Healthtech Fund and Arpan Sheth, Partner at Bain & Company, also participated in the round.
In addition, some strategic healthcare veterans and business leaders from India and US, also pooled in funds in this round, as per the company’s official statement.
Commenting on the development, THB co-founder Akash Khurana said, “We are excited about the journey ahead. We have partnered with some of the leading healthcare providers in the country to drive clinical intelligence, and have a strong set of investors and mentors supporting us in the path ahead. With Blume and HealthQuad onboard in the current round, and a series of industry experts as mentors, there is a lot of work to be done.”
Sanjay Nath, Managing Partner at Blume Ventures, and the lead in THB investment added,”Healthcare-tech has become one of our key focus areas, given the many inefficiencies and opportunities for growth. Modicare and IHIP further support this ecosystem, and Healthcare + Data/Insights clearly make a powerful combination. We are excited by the strong THB team, growing client base, and their novel big data platform and IP. THB is well positioned to tap into the large amounts of new data being created, and become a leader in this space”.
According to the filings with the Ministry of Corporate Affairs, the healthtech startup has so far received $1.2 Mn (INR 8.20 Cr) out of the total $2.1 Mn from its investors.
THB: Integrating Data Analytics To Offer Personalised Healthcare
Founded in 2015 by Akash Khurana, Gagandeep Singh, Rohit Kumar and Rajesh Pachar, THB offers a series of clinical intelligence modules, including but not limited to Clinical CRM and Real-world Intelligence.