Healthcare Platform PurpleHealth Raises $100K From Katabole Technology Venture

Kerala-based on demand health platform PurpleHealth.com has raised $100K from Katabole Technology Venture.

Founded in 2014 by Vikram Nair, Mini Balaraman and Prakash Sathyapalan, PurpleHealth, provides diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers, and institutions. The startup is consumer-focused and gives a greater control, choice and flexibility to people in connecting with doctors and healthcare providers. The platform provides one-stop seamless interface to consumers so that they can choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors and much more, thus helping them better manage their health and wellness interactions.

Vikram Nair, co-founder & CEO, PurpleHealth said, “At PurpleHealth, we work with a unique ‘Total Health’ approach that focuses on meeting the country’s (and moving forward, the world’s) health-care challenges with integrated solutions through a 360-degree health platform.”

The Indian healthcare sector is expected to register a compounded annual growth rate (CAGR) of 22.9% during 2015-20 and grow to $280 Bn.

Nair added that they intend to play a substantial part in the growth story of Indian healthcare sector by creating a massive, positive impact on how health & wellness products and services are accessed by and delivered to every individual, corporate & institution.

PurpleHealth currently has network of 38,000 Doctors and 4000 Hospitals and operates through individual, independent and unconnected silos. The startup aims to build collaborative healthcare distribution models with a common customer pool, through integrated technology.

The startup plans to use the newly raised capital to further build its product roadmap and strengthen the team.

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