Digital healthcare platform Digilooks has raised an undisclosed amount in a seed round of funding from a clutch of individual investors.
Digilooks said in a statement that the investors who participated in the round included Sunil Chawla, partner at private equity firm Jacob Ballas Capital; Ashwani Gupta, hotelier and real estate investor; and Sanjay Malhotra, who previously worked with Emaar India, PVR and Taj Group.
Harvinderjit Singh Bhatia, chief executive of in-store radio services provider Radiowalla and chairman of angel network Value Investors Network, also contributed.
Delhi-based Digiarway Healthcare Pvt. Ltd, which operates Digilooks, said it will primarily use the fresh capital to deepen its operations in existing markets and expand its presence in other cities in north India. Currently, the startup is operational in Delhi-NCR, Jammu and Meerut.
Digilooks uses a mobile app to provide healthcare services to students in educational institutions in line with education board guidelines, particularly from the Central Board of Secondary Education (CBSE).
It also has a proprietary platform and an in-house team to manage and store health and medical records. Besides, Digilooks also provides counselling sessions and organises health awareness workshops and seminars, it added.
“We are looking forward to creating a niche by our tech-enabled healthcare services in the space of preventive health management in schools,” said Sushant Sharma, who founded Digilooks last April.
Deals in the health-tech segment
- March 2019: Vivoiz Healthtech Pvt. Ltd, which owns and operates maternity and childcare social networking platform Healofy, raised $8 million (around Rs 55 crore) in fresh funding.
- March 2019: Delhi-based Health Arx Technologies Pvt. Ltd, which owns diabetes management app BeatO, raised Rs 11.75 crore ($1.7 million then) as part of its pre-Series A round from new and existing investors.
- February 2019: Drugmaker Cipla Ltd agreed to acquire an 11.71% stake in health-tech startup Wellthy Therapeutics Pvt. Ltd for Rs 10.5 crore.