Indian health-tech startup HealthPlix has raised $22 million in a Series C funding round

HealthPlix, an Indian startup offering its in-house platform for doctors to help record patient data digitally, has raised $22 million in a Series C funding round led by Avataar Venture Partners and SIG Venture Capital.

Founded in 2014, HealthPlix provides a digital technology platform to the doctor's community to give them ready access to their patient's health records for better outcomes.

Its software enables doctors in a methodical template to keep tabs on the symptoms a patient has displayed in the past, and determine all the other factors that a doctor needs to assess as they treat the patient. HealthPlix's software suite also provides specialised services for various chronic diseases.

Its digital platform reaches about 370 cities in 28 states across India, delivering over 100,000 consultations per day and has facilitated over 70 million consultations to date. The startup has over 10,000 doctors on its platform and it aims to take this number to more than 25,000 by 2024.

The fresh investment will be used to improve its technology stack and broaden its reach in the country. It also aims to increase its catering from the current 2.5% of India's population to 200-250 million more patients in an 18-month time frame.

This funding round follows a $19.5 million Series B raised over 2 rounds, including a $6 million led by JSW Ventures in 2020 and another $13.5 million led by Light Speed Venture Partners in 2021. Its total amount raised to date including the new round sits at $55.5 million, according to Traxcn.

Other existing investors and other new investors including Lightspeed Venture Partners, JSW Ventures, SIG Venture Capital, Kalaari Capital, and Chiratae Ventures also participated in the round.