Symple Wellness acquires Pune-based health platform AllizHealth

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

Singapore-based Symple Wellness Platform has acquired AllizHealth, a consumer health and wellness platform. The details of the deal remain undisclosed. Symple Wellness Platform is looking to enter the Indian healthtech industry with this acquisition.

Symple Wellness Platform’s operating brand Vivant will bring a strong and dedicated team of around 40 members along with a robust technology architecture to carry on its expansion plans in India. Operated by Caressa Solutions Pvt. Ltd, AllizHealth will be rebranded to Vivant, as per the company statement.

Talking about the investment, Anupa Naik, CEO at Vivant, said, “The acquisition brings with it an outstanding team and technology capabilities that will strengthen our ability to help customers engage with their health meaningfully and productively,”.

AllizHealth was founded by Chinmoy Mishra, Gaurav Vij, Rasmi Mishra, and Dhairya Gupta in 2012. It helps provide early tracking and identification of health risks through various products and services offered by the platform including Health Management Programs, Wellness Program, Health Wallet, Health Tracker app, etc.

The platform claims to have over 600,000 users leveraging its services, among these 40% people use it to track children’s vaccination, 20% to record parent’s health records, and 35% tracking their medication.

Except for Gupta, all the other co-founders will remain with Vivant after the acquisition. AllizHealth had earlier raised ₹2 crores ($350, 000) from Mumbai Angels and some other individual investors back in 2015.

AllizHealth will benefit from strong domain expertise and its leadership, and on the other hand, Vivant can utilize AllizHealth’s network in India to expand and provide better healthcare services to its users.

Healthtech is receiving a lot of attention lately with some big giants looking to get into the Indian healthtech market. In recent developments, e-commerce giant Amazon is in talks to acquire India’s largest e-pharmacy MedPlus, also Flipkart has held talks with two online pharmacies, 1mg, and PharmEasy.

Other startups in the healthtech domain include Practo, Lybrate, DocsApp, SigTuple, SynTheraBiomedical, HealthEnablr, among many others.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

‘Plea of democracy’ : Hong Kong activists urge US Congress to pass bill against human rights abuses

Washington DC, Sep 18: Leaders of pro-democratic Hong Kong movement has on Tuesday appealed directly to United States lawmakers to...

Dr. Harsh Vardhan shares progress-card of Ayushman Bharat; says hospitals involved in fraudulent acts would be “named and shamed”

Speaking to the media on Tuesday, Union Health Minister Dr. Harsh Vardhan said that the government would come down heavily on those found indulging...

Delhi High court transfers 2G case to special judge Ajay Kumar Kuhar

In a new development to the 2G case, Delhi High Court has transferred the 2G case to the court of special judge Ajay Kumar...

Aam Aadmi Party to launch “Dalit outreach” program ahead of Delhi polls; targets to visit 5,500 Dalit Bastis

In a bid to win the heart of Delhi-voters, Aam Aadmi Party has come out with its new program. This time, the party is...

Amid Middle East tensions, Mike Pompeo embarks on 2-day visit to Saudi Arabia, UAE post oil attacks

Washington DC, Sep 18: Mike Pompeo, the US secretary of state, has on Tuesday embarked on an official two-day visit to the Middle East in...
- Advertisement -

More Articles Like This