Dealflow | January 8, 2019

Sky7Ventures backs Abita Healthcare to streamline India’s health services

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, January 7 – Gurgaon-based Abita Healthcare works with medical facilities and practitioners in India’s second tier cities to automate some health services. Michigan-based early-stage investor Sky7Ventures, which invests in startups in the U.S. and Asia, has backed Abita with an undisclosed amount of capital.

India’s healthcare system is long-known for being over-burdened, under-staffed by physicians and health specialists, and costly for the majority of the population that lacks health insurance and pays out of pocket for healthcare costs. Abita’s co-founder Hitesh Kakrani says that tech intervention is particularly helpful to doctors in smaller cities, who face even greater resource constraints than their big city counterparts.

Abita launched its first product—a subscription-based data analytics platform called Doc32—to help specialty clinics track everything from performance, hygiene, revenues, and inventory. Doc32 was first designed for dental practices and rolled out in a clinic in Indore, the largest city in the central state of Madhya Pradesh, and is now in use in Pune and Ahmedabad also, Inc42 reports. Abita is eyeing expansion into new markets, including the U.S. and U.K., and health specialities, like dermatology.

In addition to Sky7Ventures, Several high net worth individuals and angel investors also participated in the funding round.