Healthians Raised $14m Series B Funding

healthians funding

Healthians Series B Funding: Raised 14 Million Dollars

Healthians, a startup in diagnostics has raised Rs 85 crores (approximately 12 million United States Dollars) as a part of its Series B funding. This round of funding was led by DG Incubation and DG Daiwa Ventures from Japan. The series B round also saw participation from Mistletoe and Tokio Marine from Singapore, Kotak PE and Debt Venture Fund – Trifecta Capital from India along with other existing investors.

DG Daiwa Ventures is the venture capital arm of Digital Garage and Daiwa Securities Group specializing in startup investments in next generation technology such as blockchain, AI, VR/AR, security, and biotechnology.

DG Daiwa Ventures has invested in Idein, Life Log Technology, Skydisc, Origami and Akili Interactive Labs besides this investment in Healthians.

As per sources, Healthians will be using the funds to expand its geographical presence and go deeper into existing cities alongside expanding its service portfolio. There is a good scope of expansion for Healthians that will push up the growth.

Healthians provides lab tests in the comfort of a customer’s home in India. The company aims to be the largest in preventive and chronic health test services by offering better, convenient, affordable, faster, and reliable healthcare services.

As per Shishir Gupta, the founder of StartupLanes:

Healthians has a great future, this round of funding will fuel its growth. Technology driven diagnostics by Healthians is playing a significant role in shaping the transformation of the healthcare industry from volume-based business to value-based care service to the patients, thereby reducing the cost and adding more convenience to the patients.

Healthians operates and manages a network of more than 16 labs in India and claims to have created personalized health profiles of over 7.5 lakh (750,000) customers to offer them insights into their historic health data and predictive health trends.

As per the LinkedIn page of Healthians:

Healthians.com is confidently striding towards being ‘India’s largest health test @home service provider’. With a vision to add 10 healthy years to every Indians life, we provide preventive health test at the most honest prices.

Equipped with technology-driven healthcare matrix, an army of highly trained full-time phlebotomists and precision driven alliance with labs; our mission is to provide affordable, accurate and reliable tests results to all.

Being the first mover in the industry, we are changing the very dynamics on which the online diagnostic and wellness industry works. Healthians is on a look out for creative, daring/ confident minds who can walk this journey with us. If you can go against the wave and make path breaking contribution to the new healthcare revolution in India, join us.

At Healthians, we are committed to create exceptional work experiences. Be a part of a super dynamic environment where new ideas are nurtured and shaped into realities.

Incubated in November 2014, the company is well funded by multiple investors including Health Start, Yuvraj Singh’s investment venture YouWeCan, Asuka Holdings and others. Healthians has been awarded ‘Indian E-retail Awards – 2015’, ‘Leader’s Award in 2015 & 2016’ and ‘Entrepreneur India – 2016’ in Healthcare.

At the time of publishing this post, Healthians had 263 employees listed at LinkedIn that includes the employees who have left the organization.


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