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Jun, 07 2017

Health-tech startup Healthbuds raises undisclosed amount from Kolkata-based angel investors

The startup will use the funds to upgrade technology, make the platform more robust, and implement digital marketing strategies

Health-tech startup, Healthbuds has raised an undisclosed amount from Kolkata-based angel investors Arun Patodia and Bharat Kedia. Healthbuds.in is a portfolio company of accelerator Neoleap Business Ventures LLP.

The company’s pre-money valuation in this funding round was Rs 9 crore.

The company was founded in 2013 by Somnath Dasgupta. Healthbuds, run by Asvins care Solutions Pvt. Ltd, aims to solve the information asymmetry that exists between those seeking medical attention and health service providers. Healthbuds’ services include booking ambulances and diagnostic tests, video-conferencing with doctors, and searching nearby pharmacies and home care services.

Dasgupta said, "The startup will use the funds to upgrade technology, make the platform more robust, and implement digital marketing strategies."

Healthbuds was part of the first batch at Neoleap, a Kolkata-based accelerator that provides startups with structured mentoring, knowledge sessions, business links and global investor access, and guides them on aspects such as taxation, compliance, IT architecture, financial modelling, pitching, and valuation. 

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