Healthcare Startup Evaidya Secures Rs 3.5 cr Funding from former BoA Exec & Others

Hyderabad based healthcare startup evaidya.com, a product of e Health Access Pvt Ltd, has raised funding of Rs 3.5 crore from existing investors and two new investors.

eVaidyaHyderabad based healthcare startup evaidya.com, a product of e Health Access Pvt Ltd, has raised Rs 3.5 cr funding from existing investors and two new investors.

Former Bank of America executive Venkat Vallabaneni and Ram Kadambi, the company’s director along with two new investors participated in the round.

eVaidya is a hybrid health services company which caters to online as well as offline customers. It provides virtual doctor consultation to patients and also stores personal health records for its customers.

The startup has developed medical kiosks which is designed using advanced telemedicine technology and high end software programs. The company is in talks with corporates and state Governments to setup these kiosks.

Jayadeep Reddy, CEO says that the money will be used to develop technology and its market. A handful of investments have been made in the affordable healthcare space in the last few months.

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