India Dealbook: Healthenablr raises $800k seed funding, Wealthy receives $237k angel funding

Mumbai-based healthcare technology startup HealthEnablr has raised seed funding while investment portal Wealthy has raised an angel funding.

Healthenablr raises $800k seed funding

Healthenablr India, a Mumbai-based healthcare technology and services startup, has raised $800,000 in seed funding from investors including some names from the Silicon Valley and Hong Kong, the company said on Thursday.

Founded in September last year, Healthenablr plans to use the funding for developing its patented EMR technology and to consolidate its sales efforts. It currently operates in Mumbai and Kolkata and plans to expand its services to eight cities, with a network of over 50,000 verified doctors by the end of 2016.

“This funding has timed perfectly with a new release of our patented EMR software, that not only allows doctors to generate online invoices and prescriptions, but also enables them to keep track of their patient vitals, medications, follow up appointments etc,” said Avishek Mukherjee, CTO and co-founder, Healthenablr.

“At healthenablr, our goal is not just to provide doctors with a way to digitalise their practice, but to provide them with the best, most cutting edge technology, making it easier for them to manage their practice online,” he added.

“We will look at raising our next round of funding mid this year, with the aim of expanding the business to over eight more cities,” said Bamasish Paul, CEO and Co-founder, Healthenablr.

Wealthy raises $237k angel funding

Wealthy.in, run by Bangalore-based Buildwealth Technologies Pvt Ltd, has raised Rs 1.6 crore angel funding from a group of investors, the company said in a press note.

These investors include Zishaan Hayath, co-founder, Toppr; Abhishek Goyal, founder, Tracxn Labs; Arjun and Rohan Malhotra, founders of Investopad; Harpreet Singh Grover, founder of CoCubes and Gagan Dugal, Matrix Cellular.

Bangalore-based Wealthy was founded in September 2015 by Aditya Agarwal and Prashant Gupta. The startup provides investment related advice and allows users to make tax-saving investments and claims to conclude deals in less than three minutes.

“Customers have responded phenomenally to our concept and our mission to reach out to each and every household, regardless of how big an investment they want to make, has been well-received,” said Agarwal.

The company is also in talks with investors for the next round of fund-raise.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.