The startup works with more than 650 diagnostic centres to manage patients, financial transactions, automation between medical instruments, and inventory
LiveHealth, a SaaS startup that digitises records from diagnostic laboratories and makes them available on the cloud to patients and doctors, has raised a seed round of $1.1 million from Mumbai-based VC fund Nexus Venture Partners.
The medtech startup will use the funding to expand its platform across India, explore international markets and to strengthen the product and technology.
Pune-based LiveHealth was founded by Abhimanyu Bhosale and Mukund Malian. It
works with more than 650 diagnostic centres across India and Africa to automate their operations — to manage patients, financial transactions, automation between medical instruments, and inventory. It gives them actionable insights to drive revenue and profitability and also simplifies information exchange with other healthcare providers.
The platform claims to have digitised more than 72 million records and is delivering over 50,000 digital medical records to doctors and patients every day. Doctors and consultants get access to their patient records using a mobile application. Patients can use the Livehealth app to understand reports, analyse past health data, and monitor their health using health trackers, both for themselves and their family, even on a remote basis.
Abhimanyu Bhosale, Co-founder and CEO of LiveHealth, said: “Our focus is on addressing the tech gap in healthcare, and enable seamless interaction among all stakeholders. Our platform becomes one-stop solution for care providers to improve their operations, reduce costs and errors and to enhance collaboration among stakeholders. This also helps us gather huge amounts of data to generate insights and models to improve health care outcomes. Our vision is to build an ecosystem of data driven applications that enables seamless healthcare data management.”