HealthPlix Technologies Pvt. Ltd.
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HealthPlix Technologies Pvt. Ltd. - overview
Established
2014
Location
Bangalore, Karnataka, India
Primary Industry
Healthcare IT
About
HealthPlix Technologies Pvt. Ltd. is an India-based company specializing in advanced Electronic Medical Record (EMR) software, aimed at enhancing healthcare management for doctors and healthcare facilities across various specialties. Founded in 2014 and headquartered in Bangalore, India, HealthPlix Technologies Pvt.
Ltd. focuses on providing a robust EMR platform for medical professionals. The company was co-founded by Ritika Vyas and Sandeep Gudibanda, who also serves as CEO. HealthPlix has completed 9 deals, with its most recent funding round being a Series C on March 15, 2023, where it raised USD 20 mn.
The funding round was co-led by Avataar Venture Partners and SIG Asia Investment, with participation from other notable investors including Chiratae Ventures, JSW Ventures, Kalaari Capital, Blacksoil Capital, and Lightspeed Venture Partners, raising a total of USD 20 mn. HealthPlix Technologies Pvt. Ltd. offers a comprehensive Electronic Medical Record (EMR) software suite tailored for healthcare professionals.
This software enables the digitization of patient records, efficient appointment management, and facilitates online consultations. Serving over 14,000 doctors across 16 medical specialties, HealthPlix also provides a patient app to assist individuals in managing their health, including scheduling appointments and direct communication with healthcare providers. The software adheres to HIPAA and ISO 27001:2022 standards for data security, available in over 370 cities throughout India. In the most recent fiscal year 2023, HealthPlix reported a revenue of USD 3,627,819.
30 and an EBITDA of USD -4,975,729. 40. The company operates on a subscription-based revenue model, allowing healthcare providers to access its EMR services, which may include additional features like patient engagement tools and online consultations. Pricing plans are flexible, tailored to the specific needs of clinics and hospitals, enhancing operational efficiency in the healthcare sector.
In March 2023, HealthPlix Technologies Pvt. Ltd. secured USD 20 mn in Series C funding, which it plans to utilize to enhance its technology stack and expand its user base on its digital platform. The company is strategizing to introduce new products aimed at improving healthcare delivery, with specific timelines not disclosed.
Additionally, HealthPlix is focusing on expanding into new markets, with plans to reach a broader audience in India and potentially explore international markets in the upcoming years.
Current Investors
Kalaari Capital, Chiratae Ventures, IDG Ventures India Advisors
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Sales & Marketing Software, Medical Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.healthplix.com
Verticals
Artificial Intelligence, HealthTech, Mobile Apps
Company Stage
Series C
Total Amount Raised
Subscriber access only
HealthPlix Technologies Pvt. Ltd. - timeline of key events
HealthPlix Technologies Pvt. Ltd. - financials
| Fiscal Year Ended | 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 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 400,000 | - | 403,848 | 7,531,640 | 4,810,855 | 49,871,785 | 82,906,572 | - | - | - |
| % Revenue Growth (YoY) | - | (100.0%) | - | 1765.0% | (36.1%) | 936.7% | 66.2% | - | - | - |
| EBITDA (USD) | (167,803) | (5,889,354) | (8,196,402) | (5,130,505) | (105,733,517) | (136,322,998) | (128,268,912) | - | - | - |
| Operating Income (USD) | (167,803) | (5,978,056) | (8,285,104) | (5,270,325) | (108,487,182) | (141,202,130) | (138,054,792) | - | - | - |
| Operating Margin | (42.0%) | - | (2051.5%) | (70.0%) | (2255.0%) | (283.1%) | (166.5%) | - | - | - |
| % EBITDA Margin | (42.0%) | - | (2029.6%) | (68.1%) | (2197.8%) | (273.3%) | (154.7%) | - | - | - |
| NET Income (USD) | (287,803) | (5,549,839) | (8,032,941) | (5,270,674) | (105,586,406) | (143,013,780) | (137,367,210) | - | - | - |
| % Net Margin | (72.0%) | - | (1989.1%) | (70.0%) | (2194.8%) | (286.8%) | (165.7%) | - | - | - |
HealthPlix Technologies Pvt. Ltd. - employee data
HealthPlix Technologies Pvt. Ltd. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Co-Founder, Director of Business Development and Board Member | BM | ||||||
| Co Founder(Non Executive) & Board Director | BM |
BM Board Member
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