Healthcare Tech Startup eKincare Selected by Swiss Re for Its First Ever Global Accelerator Program

Hyderabad based, eKincare, a healthcare tech start-up, today announced their selection into the first batch of InsurTech accelerator programme – a global fintech accelerator programme  being conducted by Swiss Re, a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer.

As part of the accelerator programme, eKincare will have access to the global expertise and insights from Swiss Re, mentors from the industry, and technical enablement to work on challenging global insurance problems. At the end of sixteen weeks, eKincare will present their learnings and achievements to Swiss Re’s global leadership, ecosystem partners and potential investors.

Voted among the World’s top 100 digital health companies by the prestigious journal of mHealth, eKincare is an end to end wellness platform that integrates medical records, healthcare services and leverages predictive analytics to design wellness initiatives & reduce healthcare costs.

Three technology themes identified for the programme include, Internet of things (home, industrial, health and motor), Systems of engagement (innovative distribution channels and models, digital assistants/ Robo advisors etc.) and Smart analytics (application of deep learning and machine learning across insurance value chain).

Kiran Kalakuntla, CEO, eKincare said, “It’s a proud moment for us at eKincare to have been chosen for the global accelerator programme by the prestigious, Swiss Re. This is a great platform for us to assess new ideas and solutions that addresses the global insurance challenges and enable us with technical capabilities to tackle the problem.”

"We are excited to welcome these innovative startups to our first ever global accelerator programme and are looking forward to engaging with them on innovative solutions for the insurance industry," said Amit Kalra, Head of Strategic Initiatives, Swiss Re Bangalore.

The other 5 start-ups chosen for this program include:

• ai is a developer platform for Deep Learning that offers tools to build and customise neural networks, and also provides trainable modules and APIs,


• Datasigns is a risk platform that forges traditional & non-traditional data to facilitate financial services to those outside the formal system. It helps financial organisations access new and underserved market,


• GOQii, which provides one-on-one mobile coaching and wellness services that helps individuals make the shift to a healthier lifestyle.


• Touchkin which uses mobile-based social sensing to build a predictive care platform and enable proactive personalized care – bringing help to those who need it, from care experts or families, and


• ai is the first AI-fueled smart-purchasing assistant, with the aim to both revolutionise customer interaction and redefine the buying experience as a whole.

Hyderabad-Based Health-Tech Startup eKincare Raised $300K Seed Funding

Aayuv Technologies Pvt. Ltd, the Hyderabad Company responsible for eKincare, an online platform that allows people to store and monitor their critical medical information anytime anywhere, has been successful in securing a seed funding of US $300,000(Rs.2 crore) from Adroitent Pvt Ltd, a big name in Healthcare IT and BitChemy Ventures, a city based incubator cum seed fund. The money secured by the company in the funding round will be used for hiring, marketing and further development of the product.

Digital medical history is not something new to the market but eKincare takes the digitization of health-related records to a whole new level. Apart from maintaining your digital health records, it also builds an analytics platform that helps to spot risks in time. It even comes with a mobile application which makes it easier for the users to digitize the physical copies of their medical reports. The service is currently in beta stage.

eKincare provides a single repository for its users to store all their medical records. It gathers information and medical results, records from various healthcare providers and keeps the user’s profile up to date. It then identifies the potential health risks from the collected medical data and motivates the user in taking necessary steps in overcoming those risks. eKincare is absolutely free to use and has no limits on the data storage. It even allows multiple profile management.

“We are lowering all the barriers/excuses to consolidate one’s medical history by providing the platform for free to host all their medical records. We would decipher the info and convert it into a format (color coded, graphical history and timeline) that is easy to understand,” said Kiran Kalakuntla, founder, Aayuv Technologies.

Kalakuntla incorporated the Hyderabad based Aayuv Technologies in September 2014. He quit his job as a product manager at telecommunications giant AT&T and moved back to India to work on Aayuv.

Both Adroitent Pvt Ltd and BitChemy Ventures seemed ecstatic about their association with eKincare.

According to Sunil Motaparti, founder and Director, BitChemy, “At BitChemy, we are always looking for tech companies that can change how an industry works. As the Indian healthcare story evolves, there are tremendous opportunities for this to happen. We believe eKincare’s approach of combining digitization with deep analytics and home healthcare could offer tremendous value to end consumers and change the rules of the game.”

BitChemy is a seed fund cum incubator founded in 2012. It identifies opportunities by analyzing the technology landscape and partnering with enthusiastic entrepreneurs.

“We see a great value in eKincare’s consolidation of medical history like in the west, and building a layer of analytics on the top of it to drive healthy behavior,” said, Srinath DeviReddy, President, Adroitent Pvt Ltd.

Hyderabad-Based Health-Tech Startup eKincare Raised $300K Seed Funding

Aayuv Technologies Pvt. Ltd, the Hyderabad Company responsible for eKincare, an online platform that allows people to store and monitor their critical medical information anytime anywhere, has been successful in securing a seed funding of US $300,000(Rs.2 crore) from Adroitent Pvt Ltd, a big name in Healthcare IT and BitChemy Ventures, a city based incubator cum seed fund. The money secured by the company in the funding round will be used for hiring, marketing and further development of the product.

Digital medical history is not something new to the market but eKincare takes the digitization of health-related records to a whole new level. Apart from maintaining your digital health records, it also builds an analytics platform that helps to spot risks in time. It even comes with a mobile application which makes it easier for the users to digitize the physical copies of their medical reports. The service is currently in beta stage.

eKincare provides a single repository for its users to store all their medical records. It gathers information and medical results, records from various healthcare providers and keeps the user’s profile up to date. It then identifies the potential health risks from the collected medical data and motivates the user in taking necessary steps in overcoming those risks. eKincare is absolutely free to use and has no limits on the data storage. It even allows multiple profile management.

“We are lowering all the barriers/excuses to consolidate one’s medical history by providing the platform for free to host all their medical records. We would decipher the info and convert it into a format (color coded, graphical history and timeline) that is easy to understand,” said Kiran Kalakuntla, founder, Aayuv Technologies.

Kalakuntla incorporated the Hyderabad based Aayuv Technologies in September 2014. He quit his job as a product manager at telecommunications giant AT&T and moved back to India to work on Aayuv.

Both Adroitent Pvt Ltd and BitChemy Ventures seemed ecstatic about their association with eKincare.

According to Sunil Motaparti, founder and Director, BitChemy, “At BitChemy, we are always looking for tech companies that can change how an industry works. As the Indian healthcare story evolves, there are tremendous opportunities for this to happen. We believe eKincare’s approach of combining digitization with deep analytics and home healthcare could offer tremendous value to end consumers and change the rules of the game.”

BitChemy is a seed fund cum incubator founded in 2012. It identifies opportunities by analyzing the technology landscape and partnering with enthusiastic entrepreneurs.

“We see a great value in eKincare’s consolidation of medical history like in the west, and building a layer of analytics on the top of it to drive healthy behavior,” said, Srinath DeviReddy, President, Adroitent Pvt Ltd.