• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, May 17, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Innovaccer raises $25 million in Series B funding from Westbridge Capital, others

by Apoorv Anupam
May 10, 2018
in News
Reading Time: 2 mins read
0
Innovaccer
TwitterWhatsappLinkedin

Innovaccer

You might also like

Global AI Race: UAE Invests Big in New Campus, with Trump’s Endorsement

Turkey’s Celebi Takes Legal Aim at India Over Security Clearance Cancellation Amid Pakistan Tensions

TikTok Faces EU Charges Over Breach of Content Transparency Laws

10 May 2018, India:

Healthcare data platform company Innovaccer has raised $25 million in Series B round of funding. The funding round was led by Westbridge Capital. Lightspeed Ventures also participated in the funding round. With this funding round, the total capital raised by Innovaccer has reached $41 million.

The fresh capital will be used by Innovaccer to continue building on its suite and go-to-market capabilities.

Abhinav Shashank, CEO at Innovaccer said, “In healthcare, data has been exploding, but it has been impossible to transform that data into insights and action. Technology solutions historically have focused only on building the newest applications without a focus on scalability and interoperability. We believe that by creating, and sharing, the world’s leading healthcare data platform, we can drive a level of transparency and interoperability that has remained out of reach to date.”

Abhinav added, “This latest investment fuels our mission to unlock the potential of data for everyone in the healthcare ecosystem to drive improved outcomes and cost savings.”

Sumir Chadha, Managing Director at Westbridge Capital said, “It is rare to see this type of growth in the healthcare industry. Normally, this is only seen in the fastest of enterprise SaaS companies. We think there is tremendous potential to bring the speed and innovation normally associated with enterprise software to the world of healthcare IT.”

Dev Khare, Partner at Lightspeed India Partners said, “We are excited to partner with the founders to build out a new category of enterprise software in the U.S. market.”

Dev Kare added, “It is exciting to see an enterprise software company expand so rapidly within existing accounts, a sign of strong product-market fit.”

Innovaccer was founded by Abhinav Shashank, Kanav Hasija and Sandeep Gupta in 2014. It provides physician practices, hospitals, health systems, and other healthcare providers with population health management and Pay-for-performance solutions.

(Image – Innovaccer)

Tags: fundingInnovaccerInvestmentLightspeed VenturesWestbridge Capital
Tweet54SendShare15
Previous Post

ThoughtSpot Raises $145 million in Oversubscribed Series D Funding

Next Post

Toppr raises ₹15 crore in venture debt funding from Alteria Capital

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Global AI Race: UAE Invests Big in New Campus, with Trump’s Endorsement

by Sneha Singh
May 17, 2025
0
Global AI Race: UAE Invests Big in New Campus, with Trump's Endorsement

UAE will construct the largest artificial intelligence campus outside of the US following the sealing of a historic deal during Donald Trump's recent Middle East visit. The Abu...

Read more

Turkey’s Celebi Takes Legal Aim at India Over Security Clearance Cancellation Amid Pakistan Tensions

by Anochie Esther
May 17, 2025
0
Çelebi Aviation

In a rapidly escalating diplomatic and corporate standoff, Turkish aviation services company Çelebi Aviation has filed a legal challenge against the Indian government’s decision to revoke its security...

Read more

TikTok Faces EU Charges Over Breach of Content Transparency Laws

by Anochie Esther
May 17, 2025
0
Tiktok

TikTok, one of the world’s most popular social media platforms, is under intense scrutiny in Europe after being formally charged by EU regulators with breaching key online content...

Read more
Next Post
toppr

Toppr raises ₹15 crore in venture debt funding from Alteria Capital

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?