Health-Tech is seeing more money pouring in. Rajat Malhotra, the Director of Engineering at Twitter India, is now a strategic investor in Credihealth, the all-in-one digital healthcare platform which helps you scout everything and anything from doctors to hospitals.
As a part of this investment, Malhotra has invested an undisclosed amount in one of India’s fastest growing health-tech startups, that claims to have serviced 50,000 patients last year alone. Rajat joins the board of the company and will play a key role in the technology scale up at Credihealth.
People in India, still rely on the feedback from their friends, family or neighbours at the time of medical need or when looking for a doctor in a new city. And while that is obviously an unreliable and time-consuming process, this becomes even more crucial when there’s an emergency and one needs to get to a professional as soon as possible.
In a bid to bridge this gap, Former Max Healthcare COO Ravi Virmani, along with Gaurav Gaggar and Saurabh Uboweja, laid the foundation of Credihealth in 2013 with an aim to bring credible, reliable, and transparent “healthcare information” to people.
Credihealth ultimately aims at becoming a health care platform which would not only help in getting information about various hospitals and doctors in the vicinity, but will in fact serve as a friendly companion throughout the treatment and even after that, during rehab through its own teams of various specialists and doctors.
Credihealth offers an easy to use website with the options to search, compare and select doctors, hospitals and treatments providing the relevant solutions. People can send their queries on the website or request a call back from Credihealth’s team of in-house doctors.
Talking about Rajat’s investment, Founder & MD, Ravi Virmani shares
I’m excited by Rajat coming on board and confident of Rajat guiding Credihealth’
s foray into innovative technology in the digital healthcare space.
Rajat Malhotra said in a prepared statement,
I’m very excited to join the board of Credihealth which is now at a stage where it is ripe to scale up rapidly and grow significantly with the industry.
Every time our dear ones fall sick we struggle to find the right doctor and go with any recommendation we can get from any near ones. Many times we find out ourselves, the hard way, that it was not the best choice we made. Mr. Virmani via Credihealth is determined to change that and I’m happy to be part of this noble cause.
Rajat further detailed that healthcare sector in India is growing at CAGR upward of 20% while telemedicine market in India, which is currently at about $7.5B is expected to reach $18B in next two years, hence justifying his current investment into Credihealth.