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Investments

7

About BitChemy Ventures

BitChemy Ventures is a technology incubation firm incorporated in 2012. BitChemy combines entrepreneurship, incubation and seed capital with operational management and strategic oversight.

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Latest BitChemy Ventures News

eKincare raises $330K in pre-Series A funding round

Mar 23, 2016

| 0 Comments 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.

BitChemy Ventures Investments

7 Investments

BitChemy Ventures has made 7 investments. Their latest investment was in eKincare as part of their Seed VC on March 3, 2016.

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BitChemy Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/23/2016

Seed VC

eKincare

$0.33M

No

3

12/20/2014

Seed

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$99M

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10

1/1/2014

Seed

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10

12/12/2013

Seed

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$99M

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10

12/12/2013

Seed

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$99M

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10

Date

3/23/2016

12/20/2014

1/1/2014

12/12/2013

12/12/2013

Round

Seed VC

Seed

Seed

Seed

Seed

Company

eKincare

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Amount

$0.33M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

3

10

10

10

10

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