LiveHealth has raised US $1.1 million from Nexus Venture Partners. The funds will be used to expand to more locations in India, on improving product and technology, and explore expansion to other countries. This software-as-a-service (SaaS) platform digitises medical reports from diagnostic labs and makes them available to patients as well as doctors on the cloud. Cuurently, LiveHealth works with over 650 diagnostic centres in India and Africa. Besides digitising diagnostic reports, the platform can also be used to manage a patient's overall medical record, financial transactions, as well as to keep a track of medical instruments and inventory. Doctors and other medical consultants get access to patient records through the platform, while patients can monitor health data via trackers. The company claims to have digitised over 72 million medical records thus far, and delivers more than 50,000 digital medical records to both patients and doctors per day. Spurt of funding in health tech companies in India Over the past 12 months or so, a number of health tech companies have attracted investments. While these companies all fall under the broad category of health tech, individually each company is focused on different areas. Earlier this month, online fitness services provider HealthifyMe raised $12 million from Sistema Asia Fund and others. Besides individual users, HealthifyMe also works with companies and healthcare centres. Companies can tie-up with it to offer its employees diet plans, workout coaching and more. Similarly, healthcare centres, including individual physicians can tie-up with the company to offer additional services to their patients. This month, digital health…
- The Delhi High Court ordered a sexually-explicit video to be taken off the internet December 1, 2022
- What India’s IT Minister has to say about the concerns around the new data protection bill December 1, 2022
- Tamil Nadu pushes for Aadhaar-EB card linking despite data risks December 1, 2022
- Info on Online Gambling Law’s Report & Consultation Can’t Be Provided: Tamil Nadu Govt December 1, 2022
- Startup body calls for reforms to prevent frivolous complaints against company executives December 1, 2022
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