Bhubaneswar hospital KIDS raises $3 mn from Samridhi Fund

Bhubaneswar based Kanungo Institute of Diabetes Specialities (KIDS), a company that runs a multi specialty diabetes hospital, has raised Rs 18 crore ($2.98 million) in an equity round of funding from the SIDBI Venture backed Samridhi Fund, reports The Economic Times. The company has also raised an additional Rs 7 crore ($1.16 million) in debt to finance its expansion plans, said the report.

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Smile Merchants raises seed round from Unitus Seed Fund

Mumbai based Free3 Healthcare, a healthcare startup that runs a chain of affordable dental clinics branded Smile Merchants, has raised an undisclosed sum in a seed funding round led by Unitus Seed Fund. The company will use the funds raised to develop its hub-and-spoke clinic model in the state of Maharashtra and prepare for rapid in other parts of the country.

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Sankalp Summit: Sevamob’s primary healthcare model for low income citizens

Sevamob runs mobile clinics that offer primary healthcare to low-income students and employees in semi urban areas for as low as Rs 50 and Rs 150 per month. Additionally, the company’s our Seva360 health exchange enables Internet savvy patients to find healthcare providers and access tele health services such as second opinions and video or in-clinic appointments. Healthcare providers get patient leads and referrals through this service. Continue reading →

Sankalp Summit: iKure aims to impact 800K rural patients by end of 2014

iKure Techsoft provides affordable medical services to patients in rural and remote part through Rural Health Centres (RHCs), supported by a software platform that is designed to work in areas with sporadic electricity and Internet connectivity. The platform enables centralized monitoring and communication with urban hospitals for consultation or escalation. Continue reading →

Does India need a TripAdvisor for healthcare?

By Gauri Kamath, Apothecurry

Early last year, when I finally threw in the towel at my workplace, quite a few well-meaning (and possibly alarmed) persons in my circle of family, friends and professional contacts began thinking of ways to keep me gainfully employed. One such person was my other half. My husband is one of those creative geniuses who always has more ideas than either resources or people to execute them.  Still, that does not dissuade him from ‘ideating’ for all and sundry. One day, he looked at me vegetating on the sofa — quite happily, I might add — and snapped his fingers. “I know what you should do,” he said quite decisively. “Start a TripAdvisor for healthcare!” Continue reading →