Mumbai-based health-tech startup Doxper has raised a fund of worth $4 million in Series A round led by healthcare-focused fund Alkemi Venture Partners. The funding round also witnessed participation from Rainforest Venture Network along with existing investor growX Ventures and some angel investors.
Doxper, run by InformDS Technologies Pvt. Ltd, was founded in 2015 by a group of IIT alumni. The platform leverages AI and ML concept to maintain digital records of the patient. It uses an encoded pen with which the doctors can write the prescription and patient details, which automatically gets transferred to the cloud network.
“Doxper today is the country’s fastest growing solution of choice for digitisation of healthcare. With increasing competition, patient empowerment, and several converging standards and regulations such as the Personal Data Protection Bill, the National Digital Health Blueprint and stricter data compliance in the amendment to the Clinical Establishments Act, digitising patient records has evolved very rapidly from a ‘good to have’ to a ‘must have’. We are thrilled to have Alkemi Venture Partners lead our Series A round, along with several top-notch investors,” Shailesh Prithani, Co-Founder & CEO, was quoted as saying.
Doxper, which plans to use the fund to expand its footprint across country had raised raised $1.1 Mn in Pre Series A funding led by its existing investor Vidal Healthcare in 2018.