Eka Care raises $15 Mn in funds to boost digitized patient records

By Tejaswita Tiwari  | Date: 2022-07-20

Eka Care raises $15 Mn in funds to boost digitized patient records

India’s connected healthcare platform, Eka Care, has reportedly raised $15 million in a new financing round in a bid to hire more engineers, and bring onboard additional doctors on its platform. Apparently, this ecosystem currently has more than 5,000 doctors that serve more than 30 million registered users.

Led by Hummingbird Ventures, the Series A round involved other participants as well, such as Aditya Birla Ventures, 3one4Capital, Verlinvest, Binny Bansal, Mirae Assets, and Rohit MA, among others.

For the uninitiated, Eka Care was formed in the wake of the Covid-19 pandemic in 2020 by Vikalp Sahni, and Deepak Tuli – former co-founders of the booking platform Goibibo. It helps consumers manage digital health records, which can be assessed by doctors with the help of an in-house digital clinic management tool.

According to Sahni, it is highly unlikely that the healthcare sector would rely on non-digital health records in the future.

Tuli highlighted the challenges faced by doctors when they are provided with a non-digital medical record file. However, on replacing them with a graph, it would be rather simple for a doctor to read and remember data.

In 2021, Eka Care secured approval from Ayushman Bharat Digital Mission (ABDM) to enable its users create and use their Ayushman Bharat Health Account (ABHA). The ABDM allowed Eka to integrate the platform into the Unique Health Interface (UHI).

In long term, the government believes that ABDM will develop a unified digital health infrastructure.

For the record, ABHA creates an individual account for consumers in order to facilitate easy sharing of health records with doctors, pharmacies, hospitals, and health tech companies.

As for the UHI network, the Software-as-a-Service (SaaS) provides an interoperable IT network that allows patients to reach out to different healthcare providers through their ABHA identities.

It has been reported that the Bengaluru-based healthcare startup entered the market as a record-keeping app for patients and doctors. Today, it allows nearly half a million chronic patients to store their health-related data records in digital form.

Source Credit: https://techcrunch.com/2022/07/18/eka-care-15-million-dollar-series-a-round-funding-hummingbird-ventures-health-tech-startup/

About Author

Tejaswita Tiwari     thisisourtownrichmond.co.uk

Tejaswita Tiwari

Being born in a family of readers, Tejaswita has always had a natural flair for writing, using that enthusiasm to become a full-fledged writer after earning her MBA in Marketing. Her insatiable curiosity to learn about various verticals has made her a popular research...

Read More