Prescribe, a healthtech startup that provides IT solutions to doctors, clinics & hospitals by leveraging user friendly platforms, has raised Rs 1 crore in seed funding round led by Titan Capital, along with AngelList syndicate and Curofy founders.
The startup will use the current financing to fuel expansion, grow its sales team, engage in strategic partnerships with pharmaceutical companies and HIS providers in order to reach 500+ hospitals in six months.
Commenting on the development, Nived Narayanan, Co-founder and CEO, Prescribe, said, “India has a huge divide in terms of care provided in the rural areas and there is a huge push by the government to solve this with the new NDHM policies. We are at the forefront to provide digital tools required to enable world class medical care in every village of the country. This will help us to make every effort to identify challenges in the Indian healthcare industry and solve them with technology.”
Founded in 2019, Prescribe is an IIT-M and IIM-C backed healthtech startup that provides services to hospitals by leveraging online platforms like WhatsApp and helping them to increase revenue, increase efficiencies and customer delight. It enables healthcare institutions to manage patients, increase medicine sales and lab bookings.
Bipin Shah, Partner at Titan Capital, said, “Prescribe has really done a commendable job of bringing hospital OPDs online and giving better access to patients. With everything transforming to digital, especially amidst COVID-19, Prescribe is very relevant for the healthcare industry. We are really impressed with the thought process and vision of the team in providing healthcare solutions by leveraging technology.”
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