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Healthtech startups Sarathi Healthcare, MedSign raise seed capital

Healthtech startups Sarathi Healthcare, MedSign raise seed capital
(From left) Co-founders Lavender Singh, Amol Bagul and Aditi Poyam  |  Photo Credit: Sarathi Healthcare
5 May, 2021

Sarathi Healthcare, which offers healthcare services for the elderly, has raised Rs 1 crore ($135,540 as per current exchange rates) in a seed funding round.  

Angel investors and entrepreneurs Nitin Sethi, Vishal Dhikale, Swapnil Bagul, Gaurav Satbhai and Jayshree Harak backed the Mumbai based firm in the round, a statement said.  

The startup will utilise the fresh capital to support its expansion plans, which includes foraying into new towns, adding medical specialties and bolstering its team and technology products.  

Started in 2020 by Amol Bagul, Aditi Poyam and Lavender Singh Rathore, the startup, which is currently part of the Marwari Catalysts Ventures’ startup accelerator programme, has serviced over 5,000 patients till date.  

Sarathi offers services such as disease management, on-demand consultation with healthcare officials, regular health checkups and lab tests, consultation on eating habits, food supplements and nutrients, appointment management, home delivery of medicines and medical equipment, bookings in hospitals and ambulance facilities. 

MedSign 

Synaegis Healthtech-operated startup MedSign on Tuesday announced that it has raised undisclosed seed funding from SMSRC, a Kolkata based strategic advisor and research centre catering to the pharma industry in India and Bangladesh. 

The Bengaluru based startup said it aims to raise additional funds to invest in its expansion plans.  

“As we embark on our next level of growth, this seed funding from SMSRC will help us strengthen our offerings to the market and thereby enhance patient care by digitising patient’s health journey to create a comprehensive digital medical database, that is secure, easily accessible and real-time for clinicians and patients,” Shrihari Shidhaye, founder and director of MedSign, said in a statement. 

“Further, SMSRC’s widespread existing doctor network and relationships across the healthcare ecosystem will be an important avenue towards rapid penetration of MedSign. We also plan to raise additional funds to fuel our growth and expansion plans,” he said. 

Founded in 2018 by Kamlesh Patel, Shrihari Shidhaye and Vivan Darole, the startup aims to improve patient outcomes by enabling better accessibility of real time, comprehensive, transferrable health records of patients at the point-of-care. 

Since its launch in January 2020, MedSign has onboarded over 1,300 multi-speciality doctors and 19,000 patients, and has partnered with multiple undisclosed pharmaceutical companies.