Gurugram-based healthcare startup HexaHealth today announced it has raised Rs 33 crore ($4.5 million) in a seed funding round led by Omidyar Network India and Chiratae Ventures, with participation from 3one4 Capital.
The round has seen participation from several healthcare professionals such as Viren Shetty, Group COO, Narayana Health; Rohit MA, MD, CloudNine; Rehan Khan, MD, Merck India as well as certain angel investors that include Rohit Kapoor, CEO, OYO; and Mohit Gupta, ex-Marketing Head, HealthKart.
To overcome the information asymmetry, the startup plans to establish a network of hospitals across the country, implement digital solutions for better patient care throughout the patient's surgery life cycle, and expand its user base.
Founded in 2021 by 1MG cofounders Vikas Chauhan and Ankur Gigras, as well as Dr. Aman Priya Khanna, to reform the whole medical infrastructure and its accessibility for patients and their families.
Ankur Gigras, Co-founder of HexaHealth, explained the problem that the company is attempting to solve, “Once a patient has been recommended for surgery, they struggle with the next steps. Surgery is a stressful time for the patient when they need maximum support. At Hexa, we want to become a patient’s trusted digital partner by keeping them at the center of decision making and helping them in every stage of their hospitalization journey. In the long term, we want to be the one-stop trusted platform to cater to a patient’s hospitalization needs''.
According to the startup, In India, There are 2 crore surgeries that are conducted every year, but due to a lack of information, people's trust in the healthcare system is dwindling.
HexaHealth intends to meet the demands of its customers by offering surgical consultations to patients.
“Technology can help augment the ability of healthcare providers manifold and the pandemic has accelerated adoption of technology across patients and providers. We want to utilize this momentum to ensure that the patients are well informed of all their choices,” said, Vikas Chauhan, Co-founder, HexaHealth.
“We are inspired by HexaHealth’s vision to become the most trusted platform to digitize surgery-related decision making and make quality and affordable hospitalization care available to millions of Indians. We believe patient-centric digital solutions can transform In-patient care, a $80 billion market that contributes to 60 percent of overall health expenditure,” said Aditya Misra, Principal, Omidyar Network India.