PurpleHealth, a “Health On Demand” platform which aims to provide a wide range of healtcare solutions and services, has today announced that it has raised $100,000 from Katabole Technology Venture in its seed funding round.
With the amount raised in the current funding round, the company is planning to use the fund to further build its platform product roadmap and also to strengthen its team.
Founded in 2014, PurpleHealth.com is a 360-degree health and wellness platform that promises to deliver a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions.
It empowers consumers to take active control of their health by providing a one-stop seamless interface to choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors and much more, thus helping them better manage their health and wellness interactions.
The platform also enables healthcare providers with tools and technologies that assist them to better engage with their customers. The company claims to have more than 38,000 doctors and 4000 hospitals on its platform.
Vikram Nair, Co-founder & CEO, PurpleHealth.com, said,
At PurpleHealth, we work with a unique ‘Total Health’ approach that focuses on meeting the country’s (and moving forward, the world’s) health-care challenges with integrated solutions through a 360-degree health platform. The Indian healthcare sector is expected to register a compounded annual growth rate (CAGR) of 22.9% during 2015-20 and grow to USD 280 billion. We intend to play a substantial part in that growth story by creating a massive, positive impact on how health & wellness products and services are accessed by and delivered to every individual, corporate & institution.
Balaji Jagannathan, Founder & CEO, Katabole, said,
We believe that when it comes to health, people today, by and large, feel disempowered. They want the ability to choose and decide by themselves and they crave the right platform that will give them access to all the information they need to make their health-related decisions. Their product roadmap is very exciting and we are looking forward to the innovations that PurpleHealth will be bringing to the market.
The company is also providing bundled Health and Wellness solutions to corporates – customized at individual and group level. With such offerings, its goal is to reward healthy behaviours and positively reinforce healthy living habits amongst its users.
Recently, Life Circle received $150K in its seed funding round from Groupe SOS. Last week, HealthifyMe secured $6 million in its Series A round from IDG Ventures, Blume Ventures and others.
