Plunes Technologies Pvt. Ltd, which provides medical solutions by aggregating doctors and healthcare service providers, has raised $120,000 (about Rs 83 lakh at current exchange rate) from angel investors as part of an ongoing seed round, it said in a statement on Thursday.
The round was led by Samuel Kurian and Srinivas Sridharan, who are high net-worth individual investors based in the United Arab Emirates, Gurugram-based Plunes said. Tech Mahindra vice-president Mandeep Singh and HSBC Securities Operations Malaysia head Vikram Bose participated in the round as well.
Plunes said it is also in talks to raise another $700,000. It will use the current funding to increase its market penetration and acquire talent.
Chander Verma, who founded the firm in 2016, said the platform’s aim is to organise the domestic healthcare market using artificial intelligence.
Plunes says its platform assists users in making appointments and arranging online consultations. It also curates professionals based on categories such as price, medical procedure, diagnostic test and medicine.
The company says it has more than 2,500 healthcare professionals, 200 clinics and over 60,000 users on its platform. It aims to achieve a gross merchandise value of Rs 5 crore per month by April 2020.
Health-tech startups have seen heightened investor interest in recent months.
Last month, VCCircle reported that Bengaluru-based startup Mfine had raised Rs 31 crore ($4.5 million) from venture debt firm Alteria Capital.
In June, VCCircle exclusively reported that venture debt provider Trifecta Capital had offered to invest Rs 70 crore ($10 million) in Practo Technologies Pvt. Ltd. Practo had last raised equity funding in 2017, when it secured $55 million in a Series D round led by existing investor China's Tencent.