▸ Healthians is a Gurugram-based healthtech startup that provides diagnostic tests at home.
Today, Healthians scored $12 million funding in a Series B round led by Japan’s DG Incubation and DG Daiwa Ventures with backers including Kotak Private Equity, Trifecta Capital, Tokio Marine and the Singapore-based Mistletoe which is a venture founded by Taizo Son, the youngest brother of SoftBank founder Masayoshi Son.
As reported by Economic Times, the founder of Healthians, Deepak Sahini says that the company will utilise the funds to expand into tier II and tier III cities of India, enhance technology and increase its number of services. Apart from this, the company will also hire phlebotomists (people trained in drawing blood) and senior people to head its new offerings.
As reported by Deal Streat Asia…
“We shall use the raised funds to continue our geographical expansion, add further technological capabilities to our product, and introduce newer products aligned with our targeted segment. In our effort to spread awareness about preventive healthcare and making India healthy, we are not just focusing on large cities but will continue to take our services to many more tier II and tier III cities which are in need of affordable, fast and accurate diagnostic services,” – said Sahni
“Healthians model is unique when compared to existing diagnostic businesses. Especially their strong capability in tech enables them to deliver a convenient and safe experience to users, and this drives their consistent growth in the tightly competitive market.” – Kenji Uehara, Managing Director, DG Incubation
Healthians started operations from Delhi-NCR, and has expanded to 30+ cities in the last 10 months and plans to go deeper in these cities in the next 12-18 months. The startup operates and manage a network of 16+ labs and aims to add 50+ cities along with labs and 1000+ more phlebotomist to its network in the next 12 months.
The startup raised $500K in a seed funding round in July 2015 in which YouWeCan, a foundation backed by Indian cricketer Yuvraj Singh also participated. In August 2016, Healthians raised around $4 million in a Series A round. According to Sahni, the company has raised around $10 million prior to this latest round.
ⓘ Image source: Deal Street Asia