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Health Benefits Platform ekincare raises $3.6 million in Series A Funding


13 November 2019, India:

Health benefits platform, ekincare has raised $3.6 million in Series A round of funding. Venture East, Eight Roads and Touchstone equities participated in the funding round.

The startup will use the fresh capital to strengthen it’s technology platform, business development, marketing and expand its portfolio of offerings in the corporate health benefits market.

With this funding round, ekincare has raised $5.6 million till date.

Kiran Kalakuntla, CEO and Founder, ekincare, said, “Healthcare services industry in India is broken and full of disconnected parts. Our patent pending technology recognizes patterns across disparate health data sets, discerning differences between consumer segments and behaviours to engage people better.”

Tanushree Mishra, People Director at AB InBev, said, “ekincare was instrumental in driving health benefits and engagement in a fun, enthusiastic way with more than 35% of our employees participating in a company-wide contest.”

Srikanth Sundarajan, Partner at Ventureast, said, “We have seen tremendous growth from our initial investment in ekincare, both in terms of patient-engagement, employers adoption as well as revenue growth. Hence through this round of investment we reinforce our commitment to support ekincare management team in their vision to build a world class healthcare platform.”

ekincare was founded by Kiran Kalakuntla and Srikanth Samudrala. It is a health benefits platform. It offers preventive health services like telemedicine, e-pharmacy, health checks, vision and dental care, access to gyms

(Image – ekincare)



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