Mykare Health, a prominent digital health startup based in India, recently announced the successful completion of a seed funding round, securing $2.01 million. The substantial investment aims to revolutionize the patient experience and bolster talent acquisition efforts.
Founded in 2021 by Senu Sam, Rahmatulla TM, and Joash Philipose, Mykare Health is committed to empowering patients and their families through an integrated ecosystem.
By streamlining the healthcare journey, the digital health startup provides a comprehensive range of services, including transparent pricing, medical facility selection, paperwork management, insurance coordination, transportation services, communication facilitation with doctors, hospital admission and discharge coordination, and post-care support.
With a focus on transparency and accessibility, Mykare Health’s trained counselors are available on-site to guide patients and address concerns related to finances and transparency. This personalized support ensures a seamless healthcare experience, instilling confidence and alleviating fears.
Securing Prominent Investors and Notable Individuals
The seed funding round witnessed the participation of renowned investors such as OnDeck ODX, Avaana Seed, Huddle, Endurance Capital, F Health, VeritasX, Stanford Angels, and notable individuals, including Ajit Mohan, the founding CEO of Hotstar & Former MD of Meta India, and Ankit Tandon, Global CBO and CEO of OYO.
Their support reflects the industry’s recognition of Mykare Health’s innovative approach and its potential to transform healthcare delivery.
Sanil Sachar, Founding Partner at Mykare Health, expressed confidence in the company’s growth potential. He highlighted the digital health startup’s vision to standardize, streamline, and optimize the existing healthcare infrastructure, emphasizing its transformative impact on the middle-income segment and small and medium-sized hospitals.
By prioritizing quality, accessibility, and transparency, the digital health startup aims to make a significant impact not only in India but also on a global scale.
Expanding Reach and Improving Healthcare Access
Within a year, Mykare Health has positively impacted the lives of over 85,000 patients. Presently operational in more than 12 cities across India and partnered with over 200 hospitals, the startup has demonstrated its ability to deliver effective healthcare solutions.
The newly acquired funding by the digital health startup will further enhance the overall patient experience and support talent acquisition efforts, paving the way for expanded operations.
Looking ahead, the Indian digital health startup has ambitious plans to double down on the cities of South India in 2023. By extending its footprint, the company aims to offer improved healthcare experiences and transparency to low and middle-income groups.
With a steadfast commitment to quality, accessibility, and transparency, the digital health startup is well-positioned to shape the future of healthcare delivery in India and beyond.