Venture Catalysts, a rapidly-increasing integrated incubator and accelerator, has led a Rs 4 crore seed round in wellness-tech EasyAspataal. The funding round also witnessed participation from K Ganesh and Srinivasan Anamulo from Portea Medical, Sumit Chazed, founder, OTO capital and CredR, Sheela Anand, ex-CEO of Vidal Health and VP Star Health Insurance, and serial angel investor Praveen Das.
Founded by Manoj Gupta and Gunjali Kothari, the Mumbai-based startup has constructed a tech-enabled platform connecting patients and hospitals with several stakeholders to provide a smooth hospitalisation encounter. Gupta comes with vast startup and fintech encounter and has held numerous leadership positions in the previous. Kothari appears following the company development as an professional in sales & advertising and marketing and is a serial entrepreneur.
EasyAspataal aims to help hospitals with a 360-degree digital infrastructure that will aid them automate their front-workplace operations and maximise their revenues by delivering enhanced patient care. Gupta mentioned, “Small and mid-size hospitals form 66% of India’s healthcare ecosystem and are losing an average of 30% of their annual revenue due to poor infrastructure and administrative challenges. On the other hand, a patient faces various challenges such as identifying the right care, finances, and heavy manual paperwork and lack of coordination between multiple stakeholders in healthcare.”
According to him, EasyAspataal aims to bridge these gaps in therapy delivery with its one-cease resolution, bringing a plethora of services such as re-admission, therapy financing, hospital service payments, insurance coverage info, and discharge facts on a single platform. “The funds will help us further in our efforts to make hospitalisation easy, seamless, and paperless,” he added.
Launched in January 2021, EasyAspataal is currently working with 43 hospitals and has received more than 500 registrations on its platform. The healthtech startup aims to onboard 200 hospitals and serve 5000 patients across Maharashtra by the finish of 2021.