ImpactAlpha, August 30 – Indian startups have raised hundreds of millions of dollars in recent years to bridge gaps and expand services in India’s over-stretched health system. Delhi-based myUpchar is addressing Indian health services from the information angle. It has raised a $5 million Series A round for its local language content platform.
myUpchar is trying to democratize access to health information by providing content in 13 Indian languages. It’s platform allows users to do voice-based searches and text-to-speach translation to further expand accessibility. myUpchar currently has about 10 million users.
The company’s Series A round was backed by Nexus Venture Partners, Omidyar Network and Shunwei Capital. Omidyar’s Siddharth Nautiyal said in a statement that myUpchar would “facilitate low-cost healthcare access to cater to the needs of new wave of first time smartphone users engaging.”
“myUpchar has the potential to solve for health information and infrastructure asymmetry for the masses, closely aligned with the government’s National Health Protection Mission,” Nautiyal continued.
Other startups including Sepalika, HealthMir, Credihealth and Konsult have also raised investment capital to expand online and mobile-based health information and consultation.
