Docplix raises INR 1.2 Crore in Bridge Round

Image - L-R_Dr. Ajay Shukla_Co-Founder & CIO, Dr. Varun Garg_Co-Founder & CEO, Docplix

Lucknow: Health-tech company Docplix has raised INR 1.2 Crore in Bridge Round led by Inflection Point Ventures. As per Docplix, the funds raised will be utilized for product development, AI integration, and market expansion. This will involve enhancing their EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding their market reach to bring their innovative healthcare solutions to bigger clinics and hospitals.

Image - L-R_Dr. Ajay Shukla_Co-Founder & CIO, Dr. Varun Garg_Co-Founder & CEO, Docplix

DocPlix is on a mission to transform healthcare in India by digitizing health records for 1.4 billion people. The company’s ABDM-compliant Electronic Health Record (EHR) system ensures secure and interoperable management of patient data.

DocPlix was founded by Dr. Varun Garg, Co-Founder & CEO, a dentist with over 10 years of experience; Aayush Garg, Co-Founder & CTO, a B.Tech in CSE with over 8 years of experience in building and scaling tech for startups; and Dr. Ajay Shukla, Co-Founder & CIO, an endocrinologist with a DM from SGPGI, Lucknow, and over 8 years of experience in the field.

Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “The govt’s initiative Ayushman Bharat Digital Mission to build a heath ID repository of all citizens for easy exchange of information between the doctors and patients is not a small feat. DocPlix is on a high mission to help citizens and healthcare providers to integrate into a tech enabled healthcare system which can substantially improve patient diagnosis and treatment. At IPV, we have always invested in companies that are using tech for good to bring a real-life change in the lives of the users. DocPlix’s powerful platform, wellness programmes and addressing access to healthcare in tier 2 and 3 towns drove our decision to invest in the company.”

DocPlix has built a comprehensive and in-depth AI-enabled Electronic Health Record (EHR) system for doctors, establishing itself as a leader in digital healthcare solutions. DocPlix serves over 2,000 doctors, extending its reach through programs and remote clinics in tier-2 and tier-3 cities to address healthcare needs in underserved areas.

As per the company, it is experiencing rapid growth with its ever-growing customer base and an impressive renewal rate of 93% and It plans to expand globally, starting with the USA in late 2024, aiming to enter lucrative and technologically advanced markets to further amplify its impact in the healthcare sector.

Dr. Varun Garg: Co-Founder & CEO, Docplix, says, “Our goal is to become the leading EHR provider in India, leveraging advanced technologies like AI and data analytics to transform healthcare delivery. With a strong foundation and the support of IPV, we are poised to scale globally, starting with the USA, while continuously innovating to meet the evolving needs of healthcare professionals and patients.”