Healthtech startup Ayu Health raises $6.3M from Vertex Ventures, Stellaris VP
- ByAyushi Ray | September 16, 2021
Healthtech startup Ayu Health raises $6.3M from Vertex Ventures, Stellaris VP. The round also saw participation from serial entrepreneur and angel investor Ashish Gupta, Mamaearth’s co-founder Varun Alagh, and Rajat Goel, Founder of Gurugram-based EyeQ Super Speciality Eye Hospitals. The healthtech startup will use the funds to expand their hospital network, as well as improve technology solutions, procurement and quality management. Ayu Health also expects to expand its bed capacity to over 5,000 beds across six cities by December 2022, according to a release shared by the company. Founded in 2019 by Himesh Joshi, Arijit Gupta, and Karan Gupta, who sold their previous firm Zefo to Quickr, Ayu Health acquires speciality hospitals and rebrands them to create a network of hospitals. Currently, the firm has about 20 hospitals across Chandigarh and Bengaluru.
The founder hopes to digitise hospitals across India. “Even today if you go to a hospital with an appointment it would not be a quick trip. It would be a couple of hours-long trip because the hospital did not record your appointment or gave the slot to someone else. We want to organise all these processes,” he says. Ayu Health is also looking to digitise inventory management, follow-up appointments, and ease the insurance-claim procedures, among other things.
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