Health tech startup HealthPlix Technologies raises $22M in a Series C round

Bengaluru-based health tech startup HealthPlix Technologies has raised $22 million in a Series C funding round led by Avataar Venture Partners and SIG Venture Capital with participation from existing backers, including Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, and Chiratae Ventures.

The startup plans to use the raised capital to ramp up product innovation, enhance the technology stack, and acquire more users on its platform. In March 2021, It raised $13.5 million in a Series B round led by Lightspeed Ventures and others.

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

The startup claims to have over 10,000 doctors on its platform and aims to take this to more than 25,000 by the next year.

Commenting on the investment, Mohan Kumar, Investment Advisor to Avataar Venture Partners, said, “HealthPlix approach of using doctors as the focal point and delivering value to other stakeholders like patients, pharma brands, pharmacies, and diagnostic labs is unique and differentiated. We have seen many business models that have failed to scale in the healthtech ecosystem, and we believe that Sandeep has built a great team to deliver on HealthPlix promise.”

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