New Delhi: health technology start up HealthPlix Technologies on Wednesday said it has raised $22 million (around Rs 181 crore) in Series C funds led by Avataar Venture Partners, SIG venture capital and existing investors.
The fresh capital will be used to drive product innovation, improve the technology stack, and scale user acquisition efforts.
“At HealthPlix, our vision is to drive better health outcomes at the population level. Today, we serve 2.5 percent of the entire Indian population. With these new funds, we aim to serve 200-250 million more lives of patients in an 18-month period”, co-founder and CEO of HealthPlix Technologies Sandeep Gudibanda he said in a statement.
Last year, the Bangalore-based company had secured $2 million in debt financing from black soil companies.