Singapore and India-based Attune Technologies Pvt Ltd, a cloud-based healthcare IT solutions provider that manages patient data and workflow, has raised $6 million (Rs 32.6 crore) from multi-stage investment firm Norwest Venture Partners.
Founded in 2009 by Arvind Kumar, Ramakrishnan and Mohanraj. P, the company operates a product development centre in India and has operational presence in India, Indonesia, Malaysia, the Philippines and Vietnam. The current round of funding will be utilised to facilitate product development and scale its business operations across South and South-east Asia, the Middle East and China.
"We experienced strong traction in both HIS (health intervention services) and LIS (laboratory informatics systems) sectors last year. The funding from Norwest Venture Partners will enable us to accelerate the growth of our cloud-based model in India and other key global markets," said CEO and director Arvind Kumar.
The company provides HealthKernel, a web-based platform for hospitals that integrates all departments and branches which are geographically separated. Attune's cloud-based HIS, LIS and EHR (electronic health record) systems are based on this platform.
Its solutions and services are currently used by hospitals, labs, imaging centres, daycare centres, dialysis centres and clinics. The company claims that it has processed more than two million patient records so far. Attune's health intervention services are used at Kamatchi Memorial Hospital, Kurinji Hospital and other medical facilities to automate the entire hospital management processes.
Based in California with offices in Mumbai and Bangalore, Norwest Venture Partners is an early-to-late-stage investment firm that has funded over 500 companies so far. Its portfolio companies in India include NationWide, Komli Media, Sulekha.com, Fashionandyou and Quikr, among others.
Practo.com, a SaaS startup that also manages patient records online, raised $4 million from Sequoia Capital earlier this year.