startup funding

Health On Demand Platform PurpleHealth.com Gets $100K From Tech Investor, Katabole Technology Venture

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PurpleHealth Team 1
PurpleHealth Team 1

PurpleHealth Team

PurpleHealth.com, a 360-degree “Health On Demand” platform, has raised $100,000 from tech investor, Katabole Technology Venture.

Founded in 2014, PurpleHealth.com is a 360-degree health and wellness platform that delivers a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions. The platform empowers consumers to take active control of their health by providing a one-stop seamless interface to choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors and much more, thus helping them better manage their health and wellness interactions.

Furthermore, PurpleHealth enables healthcare providers with tools and technologies that assist them to better engage with their customers. The platform currently has over 38,000 doctors and 4000 hospitals as part of its vast and growing network.

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Vikram Nair, Co-founder & CEO, PurpleHealth.com says, “At PurpleHealth, we work with a unique ‘Total Health’ approach that focuses on meeting the country’s (and moving forward, the world’s) health-care challenges with integrated solutions through a 360-degree health platform. The Indian healthcare sector is expected to register a compounded annual growth rate (CAGR) of 22.9% during 2015-20 and grow to USD 280 billion. We intend to play a substantial part in that growth story by creating a massive, positive impact on how health & wellness products and services are accessed by and delivered to every individual, corporate & institution.”

He adds, “We will use this round of funding to further build on the PurpleHealth.com product roadmap and strengthen the team.”

Balaji Jagannathan, Founder & CEO, Katabole says, “We believe that when it comes to health, people today, by and large, feel disempowered. They want the ability to choose and decide by themselves and they crave the right platform that will give them access to all the information they need to make their health-related decisions.

He further adds, “What really excited us about PurpleHealth was their inclusive approach that recognizes the scale of the problems the health space presents, and looks for imaginative (and sustainable) solutions that deal with the ecosystem, and involve all stakeholders, small and big – healthcare providers, corporates, other institutions and individual consumers. With this as the backdrop, we are positively confident that PurpleHealth.com will disrupt the Health & Wellness industry. Their product roadmap is very exciting and we are looking forward to the innovations that PurpleHealth will be bringing to the market.”

Katabole invests in disruptive ideas across Education, Healthcare, Fintech, Digital, Security, Storage, IOT, Mobile, Social Networks and Data Analytics.

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Suman Chaudhary
An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

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