E-commerce platform Clinikally bags $500 K in funding from Y Combinator
- ByStartupStory | July 21, 2022
Clinikally, an e-commerce and digital health care firm, announced in a statement that it has raised $500K from tech startup accelerator Y Combinator and will join its summer 2022 batch. For this year’s budget, the Ministry of Health and Family Welfare (MoHFW) received the US $11.28 billion to help the industry grow and develop even more quickly.
Jon Oringer, the creator of Shutterstock, and Sumant Sinha, the creator of ReNew Power, are early backers of Clinikally, which claims to be providing treatment programmes and goods in over 700 cities. Anu Acharya, the creator of MapMyGenome, Gautam Trivedi, the creator of Nepean Capital, and Sandeep Sam, the director of head and neck surgery at Northwestern Medicine.
According to a recent analysis by the public policy think tank Niti Aayog, the Indian economy’s fastest-growing industry is healthcare, which is being fueled by rising wages, easy access to insurance, and reasonably priced services. By the end of 2022, the Indian healthcare market is anticipated to reach US$ 372 billion.
About Clinikally
Arjun Soin, a San Francisco-based healthcare entrepreneur, founded Clinikally in 2021. It runs an online pharmacy and offers consumers access to a teledermatology service. Users are given access to both Clinikally’s own consumer brand and products that other doctors have prescribed. According to the statement, the start-up is developing a digital health platform that seamlessly merges the product and telemedicine experience.
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