Abita Innovations which is an Indian based health tech venture has now received an undisclosed amount of funding from the An Arbor based global incubator and an early-stage fund Sky7 Ventures. The startup, Healthtech uses its integrated technology ecosystem to automate and optimise the practice management for its partner medical practitioner, by providing the patients a standardised and superior in-clinic experience.
The startup as of now is working with 30+ doctors across the three cities that are using the platform and services under its first product which is specially built for the Dentist named as Doc32.
The startup is going to use the funds to enhance its technology interface, develop strategies ties in the UK and US markets, and even scale up its operations in the Indian and global markets.
“India’s healthcare sector is set to surpass $200 billion by 2020. Currently it is a highly fragmented market suffering from a dearth of qualified doctors to serve the semi-urban and rural markets. It is exactly where the healthtech companies can contribute the most by enabling the practitioner and also driving change in the way people consume healthcare. Vineet Katial, Managing Director of Sky7 Ventures and founding member, Detroit TIE angels said
Abita Innovations has a great team with experienced doctors, top management graduates and tech experts, I am looking forward to the collaboration and working with a business that we feel is built around pretty strong fundamentals”
Hitesh Kakrani, CEO of Abita Innovations, an IIM Lucknow alumni and having work experience with Fortune 500 companies like P&G said “We are very excited to have Sky7 ventures and Vineet by our side as we look to disrupt some traditional business models in the healthcare space using some great technology. Vineet has been our mentor throughout and has helped us tremendously in building this business ground-up. It was simply great to have him guiding us and now to have a formal deal with Sky7 ventures is exactly the sort of motivation we need to take our operations to the next level”.