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Healthtech Startup HealthPlix raises $13.5M in Ongoing Series B Round led by Lightspeed

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Healthtech startup HealthPlix has raised $13.5 million as part of its ongoing Series B funding round led by Lightspeed Ventures. The round also saw participation from existing investors including JSW Ventures, Kalaari Capital, and Chiratae Ventures.

Back in June 2020, the Bangalore-based startup had raised $6 million in its Series B round led by JSW Ventures. The fresh infusion of capital will be used by HealthPlix to push 5x growth by expanding its doctor base in existing geographies, adding new towns and medical specialities, and bolstering its team and product.

Founded in 2016 by Raghuraj Sunder Raju, Prasad Basavaraj, and Sandeep Gudibanda, HealthPlix provides clinical software for doctors. The four-year-old startup has developed an Electronic Medical Record (EMR) software aimed at providing Clinical Decision Support (CDS) to doctors. The software helps them generate e-prescriptions in 30 seconds.

Speaking about the investment, Vaibhav Agrawal, Partner, Lightspeed, said, “What sets HealthPlix apart is its doctor-first B2B approach. Doctors are the most influential decision-makers in healthcare. We believe whichever platform wins their trust will have the sole right to orchestrate the entire $88 billion of healthcare spending. The impact is very clear — improved health outcomes for patients, better practices for doctors, 10x better Insights for pharma and med device companies, and superior underwriting capability for insurers.”

Highlighting the impact created by HealthPlix, Sandeep Gudibanda, Co-founder & CEO, HealthPlix, said, “Doctors are at the core of healthcare delivery, and at the core of a doctor’s day is his interaction with the patient. These few minutes matter most. It is in this precious interaction that health decisions get made, diagnostic tests get prescribed, pharmaceutical brands get chosen, surgical procedures get planned, and hospital referrals get made. This interaction is the moment of truth, where $88 billion of annual healthcare spend is decided. And in this moment of truth, the ONLY solution that doctors turn to for assistance is HealthPlix.”

Adding to this, Raghuraj Sunder Raju, Co-founder, HealthPlix, said, “We are doubling down our efforts to help doctors provide in-person or remote consultation to their patients using the same digital platform seamlessly. Doctors using HealthPlix save time and get a unified view of their patient’s disease journey which aids their treatment decisions. These benefits have made HealthPlix the trusted choice among doctors.”