Gurgaon-based CapBuild Clinical Skills, providing state of the art hospital analytical skills, has raised undisclosed early stage investment micro VC and health sector accelerator, HealthStart India.
Promoted by founders – Vikram Anand, Cyrus Engineer, and Manojit Sen, along with a strong team of professionals with decades of the health sector, IT and leadership experience, CapBuild is serving hospitals, labs, clinics across the country. The investment from HealthStart creates a larger ecosystem of support for the growing venture.
The healthcare startup is supported by Huddle, one of India’s leading incubators, focusing on building ventures through tailor-made incubation and their the approach of one mentor – one mentee engagement as a critical part of their support provided.
CapBuild is an attempt to move the healthcare-provider sector towards high quality, evidence-driven, cost-effective and patient centric service delivery, using data, analytics and technology enabled intelligent solutions.
Establishing their first product Cap Predict in 2018 after years of research and on the ground experience, the need for healthcare providers to deliver results has increased their readiness to adopt data and analytics-based methods to drive financial, operational and clinical efficiency. This is being seen as the company is in the process of engaging with health sector providers in foreign geographies including, the US, Sri Lanka, with an eye for The European market, as they progress.
‘Vikram and the Capbuid team understand the pulse of the health sector, which is evident in the refined solutions they have deployed in the industry and those, they continue to strive as the market matures. It’s a delight working alongside them and seeing them succeed at their goals,’ Sanil Sachar, partner at Huddle.
Currently serving over 2,100 beds, 15 hospitals, hospital groups, and labs, Capbuild with their investment now plans to grow through depth by penetrating newer geographies, and strengthening their solution and technology for their existing clientele.
Vikram Thapar, the founder of Capbuild when asked about how he sees the industry transforming said, “In order to manage the tremendous change and disruption, the performance of healthcare organizations across functional areas is a concern and is limiting their growth and service delivery. In order to sustain this change, organizations need to move on from using traditional practices of management and look to data and to insights based on their reality to understand the biggest opportunities and risks in their setup.”
CapBuild is healthcare venture focusing on professionalizing healthcare setups through data and analytics and using technology as a key enabler. The Company has developed comprehensive solutions to analyze financial, operational and clinical data of healthcare setups and bring deep insight led prioritized action plans to drive up performance.
CapBuild was founded in 2015 by Vikram Anand along with a couple of international leaders in healthcare, technology, and academia. Before setting up CapBuild, Vikram had acquired over 20 years of healthcare experience across South East Asia, the US and the MEA region. He has helped national and international hospitals in performance improvement programs, achieving new levels of excellence in quality of care, patient experience, and operational efficiencies. Vikram led Healthcare practice at IMS Health India and held leadership roles with large organizations, including Sir H.N Hospital (Reliance), Deloitte Consulting and Aga Khan Health Services. Vikram built a high caliber team of experienced doctors and healthcare professionals with deep experience of performance improvements.
Sridhar Krishnamoorthy as a Co-Founder and Technology Director is a Technology Evangelist, a statistician, an entrepreneur and an IT professional with rich international experience in a multitude of industries in roles such as CTO/CIO, CISO across healthcare, insurance, financial institutions and IT companies.
CapBuild’s clients the list is rapidly expanding and includes the top names in hospital chains both local and international in India today.
HealthStart is India’s first accelerator program dedicated to support startups in the healthcare industry through funding, mentorship, and other requisite support. It has been founded by a team of a highly successful group of global professionals comprising of entrepreneurs, business executives and investment professionals with the sole aim – to stimulate much-needed healthcare entrepreneurship. HealthStart has 2 different funding programs, incubation program & angels investment.