Healthians raises $3 million in Series A Round of Funding

Healthians.com, a diagnostic and wellness start-up, announced that it has raised $3 million (INR 20 Crores) in Series A Round of Funding led by BEENEXT along with Digital Garage, Japan, BEENOS and others.

Healthians.com’s operational model involves working in close partnership with lab owners to significantly increase lab capacity utilization, upgrade to high-quality infrastructure and implement a proprietary 52 point technology-led quality management system in order to ensure high-quality results. The cost savings from increased and consistent sample volumes are then passed on to the customer, resulting in lowest prices in the market.

The company raised its seed round last year in July from YouWecan ventures. The platform, supposedly, has conducted over a million diagnostic tests and has served over 150,000 customers in the Delhi/NCR region. The company has its own team of over 200+ phlebotomists in Delhi NCR alone, making it the largest home collection service in the country.

Speaking of the funding, Deepak Sahni, Founder, Healthians.com said, “We have been getting continuous support and confidence from our Investors and this round adds great validation to our model. By 2019, we will be India’s largest diagnostic brand”

Healthians Founders (From L- R) Anuj Mittal and Deepak Sahni

The company’s direct to customer approach offers free doorstep sample collection service through its certified and trained team of sample collectors and transporting the samples to the nearest Healthians lab. Customers can book a broad range of tests with an option to create customized packages for their exact requirements, while still availing the benefits of package pricing. These services along with the quality-focused approach ensure the complete reliability of test results leading to high repeats.

Anuj Mittal, Co-Founder, Healthians.com added, “Ensuring reliability, quality and accuracy in Diagnostics is a complex science with possibility of failure at more than 50 points in the chain. Even the best known labs despite certification, suffer from inconsistencies. With deep expertise gained in this domain, we are creating cutting-edge technology that will ensure accuracy across all aspects of diagnostics from home collection to lab testing and we will look to automate the entire operation matrix as well. Married with our unique asset light business model of deep partnerships, not only does this allow us to scale rapidly, but it also gives us unparalleled unit economics.”