New Delhi: Nexus Venture Partners said it has invested USD 1.1 million (Rs 7 crore) in Pune-based LiveHealth, which digitizes diagnostic lab workflows.
The funding will be used by LiveHealth to expand its platform across India, explore international markets and to strengthen the product and technology, NVP said in a statement.
LiveHealth digitizes records from diagnostic laboratories through its SaaS platform and makes them available in the cloud to patients and doctors. It works with over 650 diagnostic centers across India and Africa to automate their operations – to manage patients, financial transactions, automation between medical instruments, and inventory.
The platform has already digitized more than 72 million records. LiveHealth was founded by Abhimanyu Bhosale and Mukund Malani.
“Our focus is on addressing the tech gap in healthcare, and enable seamless interaction among all stakeholders. Our platform becomes one-stop solution for care providers to improve their operations, reduce costs and errors and to enhance collaboration among stakeholders,” Bhosale, who is also the CEO of LiveHealth, said.