Docplix pockets Rs.1.2 crore fund from Inflection Point Ventures

A new-age Health-tech startup, Docplix has effectively gotten Rs. 1.2 Crore in a Bridge funding Round, led by Inflection Point Ventures (IPV). In order to improve their Electronic Health Record (EHR) system, incorporate advanced AI capabilities to improve decision support and patient care, and expand their reach to larger clinics and hospitals, this new raised fund will be used for product development, AI integration, and market expansion.

Docplix intends to digitize health records for India’s 1.4 billion as part of its commitment to transforming healthcare there. Their ABDM-complaint EHR system guarantees secure and interoperable administration of patient information. Docplix stands out from the competition thanks to its integrated Decision Support System (DSS), which uses data analytics to help healthcare professionals make better and informed decisions.

Their cutting-edge visualization tools simplify patient data even further, boosting clinic efficiency and patient care. The organization is immovable in its main goal to make a more proficient, effective and patient-driven medical care structure in India.

Established by Dr. Varun Garg, the Co-Founder & CEO, and seasoned dentist with more than 10 years of experience in the medical field, Aayush Garg, Co-Founder & CTO, a B.Tech in CSE with more than 8 years of experience in tech-based start-ups and Dr. Ajay Shukla, Co-Founder & CIO, an endocrinologist with more than 8 years of experience, an outstanding team of professionals in Docplix are collectively committed to transform the healthcare.

Docplix serves over 2,000 doctors across India and expands its reach through programs and remote clinics in tier-2 and tier-3 cities to meet unnoticed healthcare requirements. The company is expanding quickly and has a remarkable 93 percent customer retention rate.

Docplix plans to expand globally in the future, especially in the United States at the end of 2024, with the goal of entering lucrative and technologically advanced markets to further amplify its impact on the healthcare industry.

Regarding this fundraise, Dr. Varun Garg, Co-Founder & CEO of Docplix states, “Our goal is to become the leading EHR provider in India, leveraging advanced technologies like AI and data analytics to transform healthcare delivery. With a strong foundation and the support of IPV, we are poised to scale globally, starting with the USA, while continuously innovating to meet the evolving needs of healthcare professionals and patients.”

Similarly, Vinay Bansal, Founder & CEO of Inflection Point Ventures notes, “The govt’s initiative Ayushman Bharat Digital Mission to build a heath ID repository of all citizens for easy exchange of information between the doctors and patients is not a small feat. Docplix is on a high mission to help citizens and healthcare providers to integrate into a tech enabled healthcare system which can substantially improve patient diagnosis and treatment. At IPV, we have always invested in companies that are using tech for good to bring a real-life change in the lives of the users. Docplix’s powerful platform, wellness programmes and addressing access to healthcare in tier 2 and 3 towns drove our decision to invest in the company”.