Company Name : eKincare
Funding Amount : Rs 2.2 crore
Investor(s) Bitkemy Ventures, Maheshwari Investment, Anshoo Gaur, RamaKrishna Reddy
Funding Round : Pre-Series A
Hyderabad based eKincare that enables users to monitor their critical medical information has secured Rs 2.2 crore in pre-series A round of funding.
The investors involved in the round included Bitkemy Ventures (re-invested), Maheshwari Investment and from other HNIs like Anshoo Gaur (Indian Angel network, Amdocs), RamaKrishna Reddy and Sandeep Seerapu. The current round of funding will be used to strengthen product development, IP and tap the right talent to foster company’s growth in the tech led healthcare space.
eKincare’s patent pending technology also gathers medical results from various healthcare providers, updates profiles, and provides a single repository for users to store all their healthcare episodes. It then identifies potential health risks from the data, provides a personalized health plan to beat those risks.
eKincare’s current round of funding comes close to the seed fund amounting to Rs 2 crore that the company had raised last year in January, 2015 from Bitkemy Ventures and Adroitent, a pioneer in healthcare IT.
Kiran Kalakuntla, Founder & CEO, eKincare said, “We have seen tremendous excitement and interest from corporates to leverage our platform for their employees, keep track of the overall organization’s wellness metrics and maximize the ROI out of their wellness budgets. This round of funding was raised to bring in few strategic investors on board and will be utilized to further improve the B2B offering, expand to other cities and hiring for operations in new cities.”
The platform is free for the user with no limits on the data stored and allows multiple profile management.