OurHealthMate announces launch of a unique analytical technology platform for corporates in Chennai
Posted on: 24/Aug/2018 5:56:18 PM
OurHealthMate, a health tech startup based in San Francisco, announced the launch of a unique analytical technology platform that will empower corporates with business intelligence, both in financial and health analytics, by mining health data of employees on a secure platform with 256-bit encryption. The startup promises enhanced ROI on health benefit spends by corporates through detailed analysis. The health tech startup has ongoing partnerships with 100+ healthcare service providers across Chennai, Coimbatore and Madurai.
OurHealthMate has set a target of achieving transactions worth $ 12 million in the current fiscal. The health tech brand has already recorded 20% month on month growth. They have already raised an initial funding of $ 3 million from various known angel investors. They plan to raise ‘Series A’ funding of $ 10 -12 million by end of the current fiscal.
Addressing journalists here, Abhinav Krishna Co-Founder & CEO, OurHealthMate said that, “Technology will be a change driver for the healthcare sector. Increasingly, newer technologies will facilitate health data analytics that will be personalized and predictive. This in turn will enable healthcare providers to offer customized and cost- effective solutions. After Series A funding we plan to deploy the funds into augmenting our human resources and investing in technology.”
OurHealthMate aims to deliver seamless, easy, and reliable health management solutions for its corporate and B2C customers. They are a large player in the corporate wellness segment managing health for over 2.5 lac employees in India and 3.2 lac direct users across the world.Hence from the total 5.7 lac users they are gearing up to touch 10 lac lives by 2019.Currently, more than 80% of the OurHealthMate’s business comes from the corporate sector and they are present in 400 Indian cities.
Speaking at the occasion Siddharth Upadhyaya, Founding Partner & Chief Strategy Officer, said, “Corporates in Chennai are very quick adopters of technology. Our robust analytical platform is unique because of the personalized data mining that can done for accurate health predictions. This gives the user a great experience and the corporate can maximize ROI on health benefit programs.”
