Trade Analytics

Go Back

PurpleHealth raises US$ 100,000 from Katabole Technology Venture

Livemint:  May 19, 2016

Hyderabad: PurpleHealth.com, a digital health and wellness platform, on Wednesday said it has raised $100,000 from technology investor, Katabole Technology Venture.

Founded in 2014, PurpleHealth.com delivers a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions.

The platform empowers consumers to take active control of their health by providing a one-stop seamless interface to choose the right medical practitioners, schedule appointments, set up video and audio chats with doctors.

Furthermore, PurpleHealth enables healthcare providers with tools and technologies that assist them to better engage with their customers. The platform currently has over 38,000 doctors and 4,000 hospitals as part of its vast and growing network.

“We will use this round of funding to further build on the PurpleHealth.com product road map and strengthen the team,” said Vikram Nair, co-founder and chief executive officer of PurpleHealth.com.

Last week, mobile health and fitness start-up HealthifyMe, run by Caeruz Ventures Pvt. Ltd, raised $6 million in series A funding led by IDG Ventures India, Inventus Capital and Blume Ventures.

The consumer healthcare sector in the country has received about $338 million in investments since 2009, with a considerable portion—about $159 million—going to start-ups that offer healthcare delivery solutions for doctors, according to a report on consumer healthcare start-ups by start-up data analytics firm Tracxn Technologies Pvt. Ltd.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.