Wellness Franchise Opportunities

Healthcare Apr, 19 2017

​Navia Life Care gets angel funding from Benori Ventures

Navia is the first healthcare company in which the newly formed Benori Ventures has invested. Benori Ventures focuses on incubating and investing in startups in India.

By Franchise India Bureau
​Navia Life Care gets angel funding from Benori Ventures

Delhi-based healthcare technology startup Navia Life Care Pvt. Ltd has raised angel funding from Benori Ventures LLP, which is led by former Evalueserve chief operating officer Ashish Gupta.

Navia is the first healthcare company in which the newly formed Benori Ventures has invested. Benori Ventures focuses on incubating and investing in startups in India.

Kunal Kishore Dhawan, co-founder and CEO, didn't disclose the amount raised. Navia was founded in 2015 by Dhawan, Shourjo Banerjee and Gaurav Gupta.

The digital health management platform offers customized mobile apps for doctors, clinics, hospitals, and pharmaceutical companies for patient monitoring, engagement and compliance.

The startup got its first two customers last month. It has created one homeopathy-specific app for a clinic and is about to launch an app for Delhi-based Radix Healthcare hospital. Navia aims to close two more clients soon.

It charges its enterprise customers through a yearly subscription model. The average cost per app varies between Rs 35,000 and Rs 2 lakh a year depending on the scale and size of customers. For example, a clinic may shell out around Rs 35,000 a year while big hospitals may have to spend about Rs 2 lakh a year.

Dhawan said, "The cost includes app development, licensing and other expenses. We own the intellectual property and all patients are registered on our platform."

Navia also runs a business-to-consumer app that acts as a health manager for patients, helping them monitor their treatment progress.

The startup is looking to build more features for this app. Prior to starting up, Dhawan worked at German medical devices company Fresenius Kabi.

Related: Serene plans to expand to 1,700 units under Columbia Pacific by fall 2017

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