Mykare Health Secures $2.01 Million In Seed Funding The freshly raised capital will be deployed towards elevating the overall patient experience and bolstering talent acquisition efforts

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

A digital health startup Mykare Health has raised $2.01 million in Seed funding. The round saw participation from investors including OnDeck ODX – US, Avaana Seed, Huddle, Endurance Capital, F Health, VeritasX, Stanford Angels, Phoenix Angels, Ajit Mohan (founding CEO, Hotstar and former MD, Meta India), Nitish Mittersain (joint managing director, Nazara Technologies), Hari TN (ex-BigBasket), Arjun Vaidya (founder, Dr. Vaidya's), Sean (Hyunil) Sohn (CEO, Krafton), Niraj Karia , Ankit Tandon (global CBO and CEO, OYO), Nikhil Jaisinghani (executive director, Polycab India), Dr Deepu Sebin (ex-CEO and founder, DailyRounds), Vikas Garg (ex-CFO, Paytm), Rahul Nagar (ex-VP, Paytm), Himanshu Arora (ex-Gaana), and Bhavya Shah - MD, Ark Impact, amongst others. The freshly raised capital will be deployed towards elevating the overall patient experience and bolstering talent acquisition efforts.

"We are committed to serve every common, middle class person in India and cross-border with seamless experience, affordable and quality care. In addition, we are also empowering the small and mid-sized hospitals to improve their visibility and trust, with an aim to strengthen their patient footfalls. Through adequate support, these hospitals can significantly reduce India's uneven patient to hospital ratio," said Senu Sam, CEO and co-founder, Mykare Health.

Mykare Health empowers patients and their families through an integrated ecosystem, taking care of every aspect, starting from selecting an appropriate facility and ensuring transparent pricing to managing paperwork, coordinating insurance, providing transportation services, facilitating communication with doctors to understand their procedures, coordinating hospital admission and discharge, and the post-care support. The company also claimed that, in 2023, it plans to double down on the cities of South India, with a vision to ensure the low and middle income groups of the country get better experience and transparency in healthcare.

"Mykare Health's vision to standardise, streamline and optimise the existing healthcare infrastructure is truly transformative. Given its purpose-led proposition for the middle income segment, as well as small and medium-sized hospitals, we hold a strong belief in its growth potential. By prioritising quality, accessibility and transparency, Mykare Health is not only poised to penetrate the length and breadth of India but also make an impact on a global level," said Sail Sachar, founding partner, Huddle.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

Thinking of Hiring a Business Coach? Consider These Questions First.

If you're considering hiring a business coach, you need to ask these questions first to find the best fit.

Marketing

The Branding Battle Between College and the Trades Is Heating Up. Here's Why Entrepreneurs and Marketers Should Care.

High-paying careers in aviation, trucking and the trades are real alternatives to college, but perception hasn't caught up. Branding and PR will decide which story wins.

Franchise

Congress Makes a Major Push for Franchise Independence With a New Bipartisan Bill

The American Franchise Act would define franchisors and franchisees as independent employers, a change franchise groups say is long overdue.

Marketing

In the Age of AI, These Skills Will Keep Marketers Essential

AI is reshaping marketing, forcing professionals to abandon task execution and embrace judgment and creativity.

Starting a Business

I Founded a $1.5 Billion Startup for Small Businesses — Here's the Secret Every Entrepreneur Should Know

Shanaz Hemmati, COO and co-founder of ZenBusiness, reveals what makes leaders and their companies strong.