ABI Health Technologies Private Ltd.
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ABI Health Technologies Private Ltd. - overview
Established
2013
Location
Bangalore, Karnataka, India
Primary Industry
Healthcare IT
About
Founded in 2013 and based in Bengaluru, India, ABI Health Technologies Private Ltd. develops a healthcare applications platform. The company was founded by Ajit Veerappan. In December 2023, the firm raised USD 10 million in venture funding from investor InvAscent Capital Partners.
The company offers software as a solution to control and optimize revenue, smart reporting, and data sciences for healthcare sectors. The firm solution range includes clinical applications, healthcare mobile applications, cloud applications, business intelligence and analytics solutions, patient portals, and consumer health applications. The company plans to use the December 2023 funding to advance its artificial intelligence technologies and help expand into new markets.
Current Investors
Norwest Venture Partners, Attune Technologies Pvt. Ltd, Parkview Health Services of New York LLC
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT
Website
www.abi-health.com
Verticals
Artificial Intelligence, Cloud Computing, HealthTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
ABI Health Technologies Private Ltd. - timeline of key events
ABI Health Technologies Private Ltd. - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,207,645 | 11,697,859 | 29,689,433 | 48,112,970 | 58,826,703 | 31,134,388 | 82,601,690 | 93,487,264 | 56,803,696 | 54,722,554 | - | - | - |
| % Revenue Growth (YoY) | - | 88.4% | 153.8% | 62.1% | 22.3% | (47.1%) | 165.3% | 13.2% | (39.2%) | (3.7%) | - | - | - |
| EBITDA (USD) | (3,878,922) | 545,066 | 1,872,070 | 489,951 | 4,789,680 | 13,690,687 | 14,415,719 | 18,665,404 | 14,082,232 | 13,071,827 | - | - | - |
| Operating Income (USD) | (4,156,449.9) | 545,066 | 1,872,070 | 489,951 | 3,139,133 | 5,050,563 | 4,159,524 | 4,550,893 | 3,948,515 | 3,689,612 | - | - | - |
| Operating Margin | (67.0%) | 4.7% | 6.3% | 1.0% | 5.3% | 16.2% | 5.0% | 4.9% | 7.0% | 6.7% | - | - | - |
| % EBITDA Margin | (62.5%) | 4.7% | 6.3% | 1.0% | 8.1% | 44.0% | 17.5% | 20.0% | 24.8% | 23.9% | - | - | - |
| NET Income (USD) | (4,156,450) | 545,980 | 1,816,389 | 782,283 | 2,313,404 | 2,337,596 | 319,128 | 686,938 | 1,099,372 | (271,555) | - | - | - |
| % Net Margin | (67.0%) | 4.7% | 6.1% | 1.6% | 3.9% | 7.5% | 0.4% | 0.7% | 1.9% | (0.5%) | - | - | - |
ABI Health Technologies Private Ltd. - employee data
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