Online Health Care Startup OurHealthMate Raises $440K Through Seed Funding!

Must Read

Apple Has Finally Found The Right Partners To Launch Apple Cars By 2025

Rumours of a possible Apple Car in the making has been doing rounds for quite some time. But so...

The Absence Of Web ADA Compliance Could Be Costing Your Small Business

If your small business is competitive, you are probably using some form of technology. However, many small business owners...

IT Job Seekers Rejoice: Infosys To Hire 24,000 People From India!

IT job seekers can rejoice as there's a massive opportunity headed their way. The news related to Jobs at...

OurHealthMate Founders: Akash Kumar & Abhinav KrishnaLast week when we featured the exclusive interview of Abhinav Krishna, CEO & Co-Founder – OurHealthMate, little did we know that something wonderful awaited him. The interview revolved around market potential, business model, challenges, opportunities and their future road map. Today, the Singapore based healthcare startup has updated us that they have raised $440,000 USD in seed funding. The funding round was led by Bimal Shah, heading an international syndicate of business angels and is supported by Singapore-based Benjamin Tsai and a second international angel syndicate led by high frequency trader Ben Ball.

Talking about the company’s first round of funding, Abhinav Krishna said

“We’ve been incredibly lucky with this business – people seem to understand it and its potential. It was humbling to receive several firm offers from both funds and high net worth individuals. Several of them would have given us more cash than we have closed today. But in the end the hands-on engagement and strategic connections that our new shareholders bring, particularly to enterprise partners, made those factors even more valuable as we scale up rapidly.”

OurHealthMate – an online health care startup is a pioneering approach to the health check-up process, making it easier for a lot of families. The service is quite popular among NRIs, who are willing to ensure the best and regular heath check-ups of their parents.

Sending a ‘thank you note’ to Dazeinfo, Abhinav, CEO and Co-Founder – OurHealthMate, says “Though we were already funded by the time we got covered Dazeinfo helped me in connecting with people. They connected us with like-minded professionals and seasoned investors that helped me understand a bit about what kind of investment we want to bring in and the options available.”

OurHealthMate developed their business through JFDI Asia 2013 program that resulted in seed funding. The funded investment would be used in team expansion in India and Singapore, and to expand its hospital network across Asia. Currently, OurHealthMate has got 6 employees and has signed up over 2,000 doctors, 700 hospitals and 70 cities across India.

Advertisements

Those who missed out on Abhinav’s interview in which he disclosed how he was able to identify a billion dollar opportunity by tracking 22 million NRIs, here is the link to the interview.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

2021 Hacking Saga Continues: Domino’s India Becomes The Latest Victim Of Data Breach!

April 2021 is turning out to be a rollercoaster ride of a month when it comes to cybersecurity! In what...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This