eKincare raises $330K in pre-Series A funding round
Mar 23, 2016
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Aayuv Technologies Pvt Ptd, which operates healthcare technology startup eKincare , has secured Rs 2.2 crore ($330K) in a pre-Series A round of funding from existing investor BitChemy Ventures, Maheshwari Investments Pvt Ltd and HNI investors Anshoo Gaur (head of Amdocs in India), Rama Krishna Reddy and Sandeep Seerapu. The current round of funding will be used to strengthen product development, intellectual property (IP) and hire talent. “Besides, the funds will be deployed to improve the firm’s B2B offering and expand to other cities,” said Kiran Kalakuntla, founder and CEO of eKincare in a press statement. “We have seen tremendous excitement and interest from corporates to leverage our platform for their employees, keep track of organisation’s wellness metrics and maximise ROI out of wellness budgets,” he said. eKincare was established in October 2014 by Kalakuntla, a Duke University graduate and AT&T alumnus and Dinesh Koka (co-founder and COO), who has previously spent 14 years managing healthcare IT business and sales at GE Healthcare. The firm consolidates an individual’s medical history from healthcare providers on a single platform. It also identifies potential health risks and provides a personalised health plan. The platform is free for users and allows multiple profile management. eKincare raised Rs 1 crore ($161,000) in seed funding from BitChemy Ventures and US-based healthcare enterprise firm Adroitent Pvt Ltd in December 2014 and January 2015 , respectively.