1 min read.Updated: 14 Aug 2019, 08:47 AM ISTM. Sriram
Existing investor growX and some angel investors also participated in the round
The round was led by healthcare-focused fund Alkemi Venture Partners
Mumbai: Health-tech startup Doxper on Wednesday said it has raised $4 million as part of its Series A round, led by healthcare-focused fund Alkemi Venture Partners. Rainforest Venture Network, existing investor growX Ventures and some angel investors also participated in the round.
Doxper, run by InformDS Technologies Pvt. Ltd, is a machine learning (ML)/ artificial intelligence (AI) powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with any existing Electronic Medical Record (EMR) system.
Doxper currently serves over 1600 independent clinicians and 20 hospitals. It also claims to process about 500,000 case sheets every month and has so far, through its platform, digitized case sheets of over 3.25 million unique patients, with a total of nearly 5 million records.
Shailesh Prithani, Co-Founder & CEO, added, “With increasing competition, patient empowerment and several converging standards and regulations such as the Personal Data Protection Bill, the National Digital Health Blueprint and stricter data compliance in the amendment to the Clinical Establishments Act, digitising patient records has evolved very rapidly from a ‘good to have’ to a ‘must have’."