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Startup of HealthSignz Technologies Pvt based in Hyderabad. Ltd raised $ 5 million (Rs 34.3 crore) in a round led by Kantilal Patel, founder of Nirvana Health Group based in New Zealand, the company said.
The funding cycle also saw the participation of unnamed investors.
The products and services offered by HealthSignz Technologies are powered by its Health Intelligence Engine, which uses artificial intelligence to provide healthcare solutions.
Founded in 2014, HealthSignz was founded by Hanumantha Rao, Vinod Nair P, Ram Papa Rao and Surendranath
HealthSignz offers both business-to-business services (B2B) and business-to-consumer services (B2C ).
HealthSignz offers B2C services through its Enliva application. The application helps with booking services such as doctor consultation and wellness services. Other features include the production of diet plans and fitness plans. Users can also buy drugs and order laboratory tests.
The company offers B2B products for healthcare professionals, including hospitals, pharmacies, wellness centers and diagnostic centers
A number of startups offering a wide variety of care services recently attracted the attention of investors.
Last week, IQGEN Holdings, a health care investment firm, focused on two technology companies: Stelvio Therapeutics, a San Diego-based company. its headquarters in India; and Skin Electronics, a Japanese startup. In May, IQGEN invested in RadiomicsAi, a Canadian AI firm that will transfer its operations to India and other Asian regions.
In June, the Navia Digital Health Management platform raised a $ 100,000 bridge. Existing investor Benori Ventures LLP, which is headed by former Chief Operating Officer Evalueserve Ashish Gupta.
In the same month, the social impact investment business Unitus Ventures bets on the medical technology company Cyclops Medtech Pvt. Ltd
In April, Doxper, an app that helps physicians maintain patients' medical records, had raised $ 1.1 million (Rs 7.2 crore) in a pre-series A cycle involving existing investors directed by Vidal Healthcare.
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