Investments, Startups

Healthcare Startup AllizHealth Raises $350K from Mumbai Angels and Others

Pune-based preventive healthcare startup AllizHealth, which is building a health and conditions management platform, has secured $350,000 (Rs 2 crore) in funding from Mumbai Angels and a few other individual investors. The company plans to use the funds to expand operations and strengthen the technology platform.

Aniruddha Malpani (Medical Director at Malpani Infertility Clinic), Dr. Ranjan Pai (CEO and MD of the Manipal Education and Medical Group), Kishore Ganji (Founder-CEO of Astir IT Solutions), entrepreneur-turned-serial investor Sanjay Mehta and Prashant Choksey (Founder & CEO of Choksey Constructions and co-founder of Mumbai Angels) are among those who participated in this round of funding.

The startup is building a health platform for early identification of health risks and provides users various options to mitigate such risk. It has also launched a web-based tool to record existing medical conditions, allergies, medications, prescriptions, surgeries, reports and clinical diagnosis.

The company claims to have already served about 100,000 adults through tie-ups with some of Indian Insurance and Hospital providers and corporates. In addition, it has served over 9,000 students from 25 schools across Pune, Bangalore and Delhi.

AllizHealth, operates primarily in a B2B model and competes with other startups in the healthcare space such as Practo, Millman and Healthcaremagic.

Bootstrapped in 2013, the firm was founded by Chinmoy Mishra with a seed capital of Rs 15 lakh, which was largely spent on building the platform.

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