Indian EMR Startup HealthPlix Receives $22M in Series C

HealthPlix, a startup that operates one of India’s largest EMR platforms, has raised $22 million in a Series C funding round led by Avataar Venture Partners and SIG Venture Capital. The round was also attended by its existing investors, including Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, Chiratae Ventures and Blacksoil Capital.

HealthPlix EMR provides AI-enabled clinical decision support at the point of care. It is currently used by over 10,000 physicians treating 2.5% of the Indian population. Since its launch in 2014, HealthPlix has added more features to its platform, including Drug interactions, mobile EMR, AI-powered SmartScan, and Doctor Insights Dashboard.

WHAT IS THIS FOR

In a statement, the company said it will use its new funds to “increase innovation in Doctor First products, improve the technology stack, and scale user acquisition efforts.” HealthPlix plans to grow its user base to around 25,000 doctors by 2024, treating 15% of India’s population.

“With these new funds, we aim to secure another 200-250 million patient lives within 18 months,” added CEO and co-founder Sandeep Gudibanda.

MARKET REVIEW

Last year, an Indian startup Eka Care also raised $15 million in Series A funding, the proceeds of which were intended to support its efforts to attract more physician users. It claims to own the largest medical record repository in India with over 30 million records and over 5,000 physicians using its EMR solutions.