Angel Investors Invest $200K In Pramati HealthCare


17 March, 2016, New Delhi: Completing its Pre-Series A round of funding, Pramati HealthCare has managed to acquire US $200K funding from a group of angel investors. The company currently operates in Delhi-NCR region.

It is joint venture Vishal Jain and Deep Bajaj. Paramati HealthCare deals in providing caretaking services for patients at home. It works on a simple module of hiring individuals first and then train them for the job. Once the hired caretakers complete the training process, they are then deployed for the job.

Paramati HealthCare currently offers three services Assistive Care (care offered by trained professionals and nurses at home), Rehabilitation Services (service provided by physiotherapists, speech therapists and occupational therapists) and Value Added Services (this includes offering medical equipment and diagnostic services). The company claims that over a short span of time, it has increased its reach from 3300 visit per month to 5000 per month.

Deep Bajaj, Co-Founder, Pramati Healthcare said “We were at operational break-even for past few months and hence, more than the funds, at this stage, we were seeking right partners who can provide mentorship, intellectual capital and domain expertise. With our current Angels, we have hit the jackpot in terms of perfect strategic value they bring on board both in terms of network access & Industry Expertise. As a company, we have always been focused on scaling operations without losing sight of unit economics; we understand the value of each customer and hence, have a great customer experience team to ensure excellent user experience.”