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May, 18 2016

Health on demand startup PurpleHealth.com raises $100,000 from Katabole Technology Venture

A 360-degree health and wellness platform, PurpleHealth.com delivers a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions.

Founded in 2014, PurpleHealth.com, a 360-degree health and wellness platform has successfully bagged $100,000 from disruptive tech investor- Katabole Technology Venture.

The startup delivers a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions.

Talking about the same, Balaji Jagannathan, Founder and CEO, Katabole said, “What really excited us about PurpleHealth was their inclusive approach that recognizes the scale of the problems the health space presents, and looks for imaginative and sustainable solutions that deal with the ecosystem, and involve all stakeholders, small and big - healthcare providers, corporates, other institutions and individual consumers. With this as the backdrop, we are positively confident that PurpleHealth.com will disrupt the Health & Wellness industry. Their product roadmap is very exciting and we are looking forward to the innovations that PurpleHealth will be bringing to the market.”

At present, the platform has over 38,000 doctors and 4000 hospitals as part of its vast and growing network and it enables healthcare providers with tools and technologies that assist them with better customer engagement.

“At PurpleHealth, we work with a unique Total Health approach that focuses on meeting the country’s healthcare challenges with integrated 360-degree solution. The Indian healthcare sector is expected to register a compounded annual growth rate (CAGR) of 22.9% during 2015-20 and grow to USD 280 billion. We intend to play a substantial part in that growth story by creating a massive, positive impact on how health & wellness products and services are accessed by and delivered to every individual, corporate & institution,” said Vikram Nair, Co-founder & CEO, PurpleHealth.com.

The platform empowers consumers to take active control of their health by providing a one-stop seamless interface to choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors and much more, thus helping them better manage their health and wellness interactions.

Further, Nair informed that the funds would be utilised in team strengthening broader roadmap.

“We will use this round of funding to further build on the PurpleHealth.com product roadmap and strengthen the team,” said he.

The investing firm Katabole Technology Venture is the genesis of an exciting future, seeded by technology and driven by possibility-thinking. The company aims to invest in disruptive ideas across Education, Healthcare, Fintech, Digital, Security, Storage, IOT, Mobile, Social Networks and Data Analytics.

Body image: L-R Vikram Nair, Prakash Sathyapalan & Mini Balaraman, the founder trio of PurpleHealth.com.

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