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Diagnostic and wellness startup Healthians secures $3Mn in Series A led by Beenext

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Healthians.com, a diagnostic and wellness start-up, has today announced that it has raised $3 Million in its Series A round of funding, led by Beenext. Along with Beenext, Digital Garage, Japan; BEENOS and others have also participated in this round.

The company is aiming to create the largest umbrella brand in the country by adding over 200 labs and 3000+ phlebotomists to its existing network across 30 cities over the next 12-18 months. Currently, it aims to grow swiftly to achieve 5 lakh monthly sample load by the end of 2017.

The company had raised an undisclosed amount of funding last year from Yuvraj Singh’s YouWeCan Ventures.

Founded in 2014 by Deepak Sahni and Anuj Mittal, Healthians claims to be the India’s largest technology-led diagnostics and wellness company. Its technology-first asset light model merges international quality benchmarks of branded labs with the scalability & efficiency of marketplaces.

The operational model involves working in close partnership with lab owners to significantly increase lab capacity utilization, upgrade to high-quality infrastructure and implement its proprietary 52 point quality management system to ensure high-quality results.

Speaking of the funding round, Deepak Sahni, founder of Healthians.com said,

We spent the last few months putting the entire operations and quality piece into processes will be automating everything possible. I am glad that Healthians.com revenue is by far the highest while we are still in Delhi/NCR as compared to other players in the space. We have been getting continuous support and confidence from our Investors and this round adds great validation to our model. By 2019, we will be India’s largest diagnostic brand.

Teruhide Sato, founder and Managing Partner, BEENEXT, said,

I met Deepak in November last year and invested a small amount through convertible notes and finally decided to lead this round after witnessing tremendous growth shown by the business in all aspects. I see a real sustainable business being created which is there to stay long. Diagnostics is a huge market in India and has room for many more players. Healthian’s unique model with focus on quality, cost and customer experience is highly scalable and expandable to other markets.

As per the company, it gets over 1,000 booking requests every single day from Delhi/NCR alone and has collected over 30,000 samples last month. The platform has conducted more than 1 million diagnostic tests and has served over 150,000 customers in the Delhi/NCR region.

Healthians has its own team of over 200+ phlebotomists in Delhi-NCR, making it the largest home collection service in the country. It has a direct to customer approach, which offers free doorstep sample collection service. Customers can book a broad range of tests with an option to create customized packages for their exact requirements.

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