Alyve Health, a leading health tech platform in India, has recently secured $5.5 million in Series A funding to support its expansion and enhance healthcare coverage for millions of users across the country. The funding round, led by Axilor Ventures, saw participation from 1Crowd Fund and Inhealth Ventures. Ventre debt was also raised from Trifecta Capital to fuel growth initiatives such as platform enhancement, talent acquisition, and member engagement.
Established in May 2020 by Shashank Avadhani, Sushant Roy, and Vineet Mehta, Alyve Health offers personalized health plans covering various healthcare services like doctor consultations, diagnostics, and dental procedures. With a focus on prevention and cure, the platform caters to over 1 million members and is seamlessly integrated with insurers, clinics, and fitness studios.
We are excited about the funding that will enable us to innovate on our product and technology, shared Shashank Avadhani, Co-founder & CEO at Alyve Health. The company’s unique approach to healthcare has garnered recognition, including awards like Dun and Bradstreet’s LEAP India Trailblazer and the Healthcare Startup of the Year.
With a vision to simplify the health plan experience, Alyve Health aims to provide comprehensive coverage and personalized care to its members. The platform’s user-friendly app offers a range of medical services, including outpatient care, doctor consultations, and habit coaching. By leveraging technology and expertise, Alyve Health is reshaping the healthcare landscape in India.
As the Indian healthcare industry continues to grow, Alyve Health is well-positioned to meet the evolving needs of individuals and corporations. With a focus on customer-centricity and tailored healthcare plans, the company is set to make a significant impact in the healthcare space.
Frequently Asked Questions (FAQs) Related to the Above News
When was Alyve Health established?
Alyve Health was established in May 2020 by Shashank Avadhani, Sushant Roy, and Vineet Mehta.
What type of healthcare services does Alyve Health offer?
Alyve Health offers personalized health plans covering various healthcare services like doctor consultations, diagnostics, and dental procedures.
How many members does Alyve Health currently cater to?
Alyve Health caters to over 1 million members.
Who led the recent $5.5 million funding round for Alyve Health?
The funding round was led by Axilor Ventures, with participation from 1Crowd Fund and Inhealth Ventures. Ventre debt was also raised from Trifecta Capital.
What are some of the growth initiatives that the funding will support for Alyve Health?
The funding will support growth initiatives such as platform enhancement, talent acquisition, and member engagement.
What awards has Alyve Health received for its innovative approach to healthcare?
Alyve Health has received awards like Dun and Bradstreet's LEAP India Trailblazer and the Healthcare Startup of the Year.
What is Alyve Health's vision for the healthcare industry in India?
Alyve Health aims to simplify the health plan experience, provide comprehensive coverage, and offer personalized care to its members by leveraging technology and expertise.
How is Alyve Health reshaping the healthcare landscape in India?
Alyve Health is reshaping the healthcare landscape in India by offering a user-friendly app with a range of medical services, including outpatient care, doctor consultations, and habit coaching.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
