Yuvraj Singh-backed Healthians pockets Series B cheque
Summary
Online diagnostics services startup Healthians said on Monday it has raised Rs 85 crore (about $12 million) in its Series B round of funding.Healthians will use the funds to expand its geographical presence, go deeper into existing cities and enhance its service portfolio.We are not just focusing on large cities but will continue to take our services to many more tier II and tier III cities which need affordable, fast and accurate diagnostic services, said Deepak Sahni, founder and CEO, Healthians.DG Incubation managing director Kenji Uehara said the firm was confident in its investment because of Healthians business model as well as its strong technological capabilities.We are confident about their vision that preventive and at-home diagnostics can bring a healthy behaviour change, Uehara said.Healthians, operated by Expedient Healthcare Marketing Pvt. Ltd, was started in 2015 and says it aims to be the largest diagnostics firm in the preventive and chronic health test services. According to its website, some of the services it offers include full body check-ups, thyroid and blood tests.Healthians had raised seed funding from healthcare-focussed accelerator Healthstart in 2015. The following year, the company raised a bridge round from Japans Asuka Holdings and some existing investors.There has been a significant increase in investor attention given to the health-technology segment. Existing investors in the company include venture capital firm Venture East and Eight Roads Ventures.Last month, NeuroLeap, a brain enhancement and mental health startup based in Mumbai, secured funding from philanthropist Rajashree Birla and Jindal SAW Ltd managing director Sminu Jindal.