HealthPlix raises $22 million in its Series C fundraising round

Using the capital, HealthPlix Technologies will improve its technology stack and acquire more users for its digital platform. Over 25,000 doctors are expected to be on the platform by next year

Highlights-

HealthPlix Technologies, an electronic medical record (EMR) software provider for doctors, recently announced the successful completion of a Series C round of funding, raising $22 million. The funding round was led by Avataar Venture Partners. It included participation from SIG Venture Capital and existing investors such as Lightspeed Venture Partners, JSW Ventures, Kalaari Capital, and Chiratae Ventures.

Avataar Venture Partners, although newly introduced to the healthtech space, has previously made investments in the broader healthcare sector, including InsuranceDekho. The firm expressed confidence in HealthPlix Technologies' unique approach. This centers around leveraging doctors as the focal point and delivering value to other stakeholders such as patients, pharmaceutical brands, pharmacies, and diagnostic labs.

The managing partner of Avataar Venture Partners stated that many business models in the healthtech ecosystem have failed to scale. However, HealthPlix's approach and the team's capabilities give them confidence in the company's ability to deliver on its promises.

Founded in 2014, HealthPlix Technologies has made significant strides in the healthcare industry. Their AI-powered EMR platform serves more than 10,000 doctors across 16 specialties. With over 22 million patients receiving treatment through their platform, HealthPlix has established itself as a trusted and effective solution for medical practitioners.

This latest funding injection will enable HealthPlix Technologies to further enhance and expand its offerings. This will enable it to improve healthcare delivery and patient outcomes through advanced technology and data-driven solutions.