Enterprise Healthcare SaaS startup THB raises $20M in growth equity round
Enterprise healthcare SaaS provider THB (Technology l Healthcare l Big Data Analytics) has raised $20 million in a growth equity round led by Filter Capital and Edelweiss Discovery Fund Series-I, with participation from Cornerstone Venture Partners Fund (CSVP), Healthquad, and others.
THB is to utilise the money to build its business internationally and quicken expansion in already-established areas in South Asia, the Middle East, and South East Asia. THB intends to use the cash to increase its global presence and diversify its product offering.
Founded by Akansh Khurana (a former Bain & Co. executive), Rohit Kumar (ex analytics professional at American Express), Rajesh Pachar (ex Microsoft executive), Kritika Tandon (ex McKinsey consultant), and Dr Chirag Adatia (ex McKinsey Partner), THB serves large healthcare enterprises to drive digital, data, and technology adoption with its data management platform, and a suite of software solutions across 20+ use-cases, including patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence.
"In this decade, big data in healthcare offers immense development potential. THB wants to provide its clients a wide range of data use cases so they can make the most of their healthcare datasets and see real growth. Akansh Khurana, MD & Group CEO of THB, stated, "We are enthusiastic about working with the new investors and utilising their expertise in technology and enterprise SaaS to further build THB into a truly global organisation.
"We're thrilled to work with THB. According to Ashish Agarwal, Managing Partner, Private Equity, Edelweiss Asset Management, the company is essential in assisting healthcare providers, pharmaceutical firms, and other healthcare segments to fully use data.
"THB's array of technologies enables healthcare businesses to expand profitably and provide satisfying customer experiences. THB is well-positioned to become a major health-tech firm across India and International markets in the area under the leadership of Akansh, Rohit, Rajesh, Kritika, and Chirag, he continued. The deal's consultants were Antares Legal and Investec Capital.
THB is to utilise the money to build its business internationally and quicken expansion in already-established areas in South Asia, the Middle East, and South East Asia. THB intends to use the cash to increase its global presence and diversify its product offering.
Founded by Akansh Khurana (a former Bain & Co. executive), Rohit Kumar (ex analytics professional at American Express), Rajesh Pachar (ex Microsoft executive), Kritika Tandon (ex McKinsey consultant), and Dr Chirag Adatia (ex McKinsey Partner), THB serves large healthcare enterprises to drive digital, data, and technology adoption with its data management platform, and a suite of software solutions across 20+ use-cases, including patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence.
"In this decade, big data in healthcare offers immense development potential. THB wants to provide its clients a wide range of data use cases so they can make the most of their healthcare datasets and see real growth. Akansh Khurana, MD & Group CEO of THB, stated, "We are enthusiastic about working with the new investors and utilising their expertise in technology and enterprise SaaS to further build THB into a truly global organisation.
"We're thrilled to work with THB. According to Ashish Agarwal, Managing Partner, Private Equity, Edelweiss Asset Management, the company is essential in assisting healthcare providers, pharmaceutical firms, and other healthcare segments to fully use data.
"THB's array of technologies enables healthcare businesses to expand profitably and provide satisfying customer experiences. THB is well-positioned to become a major health-tech firm across India and International markets in the area under the leadership of Akansh, Rohit, Rajesh, Kritika, and Chirag, he continued. The deal's consultants were Antares Legal and Investec Capital.
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