Healthcare startup Hexahealth has raised $4.5 Mn in seed funding led by Omidyar Network and Chiratae Ventures. The seed funding round, which aims to transform surgery experience for patients, also saw participation from 3one4 Capital, while healthcare professionals like Viren Shetty, Rohit MA and Rehan Khan of Merck India have come in as angel investors.
HexaHealth aims to use the funds to revolutionise the way Indians think of surgery and provide them with a seamless experience.
HexaHealth is co-founded by healthcare veterans, Vikas Chauhan, a serial entrepreneur who co-founded TATA 1MG, Ankur Gigras, who was leading the B2C businesses at TATA 1MG, and Dr Aman Priya Khanna, a minimally invasive surgeon who earlier practised at Artemis and has performed over 5,000 surgeries.
“Once a patient has been recommended surgery, they struggle with the next steps. Surgery is a stressful time for the patient when they need maximum support,” its co-founder Ankur Gigras said, adding the company aspires to be the one-stop platform to cater to a patient’s hospitalisation.
The statement said about 2 crore surgeries are performed in India annually, and multiple surveys show that people’s trust in our healthcare system is decreasing, primarily driven by the lack of information, which illustrates the market opportunity.
Vikas Chauhan, Co-founder of HexaHealth, said, “Technology can help augment the ability of healthcare providers manifold. The pandemic has accelerated the adoption of technology across patients and providers. We want to utilise this momentum to ensure that the patients are well informed of all their choices, are educated about what they can expect and are taken care of even post-surgery. This would make sure that the providers have less anxious patients and can deliver proper care pre, during, and post-surgery.”
Aditya Misra, Principal at Omidyar Network, said, “We are inspired by Hexahealth”s vision to become the most trusted platform to digitise surgery-related decision making and make quality and affordable hospitalisation care available to millions of Indians,” Omidyar”s principal Aditya Misra said. He pegged the market opportunity at USD 80 billion, which is 60 per cent of the overall healthcare spends.
Ranjith Menon, Executive Director of Chiratae Ventures, said, “Technology allows for a patient to be at the centre of healthcare delivery is a thesis that we strongly believe in. Hexa”s vision of wanting to transform the patient experience for hospitalisation and surgeries combined with the strong execution history of the founding team makes this an exciting investment for us.”