# Blackburn Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blackburn-technologies-private

- Industry: Healthcare IT
- Headquarters: Bangalore, India
- Website: www.remedicohealth.com
- Total disclosed funding: $1.2M
- Latest round: Series A (Oct 20, 2020)
- Investors on record: 6

## About

Blackburn Technologies, based in Bangalore, India, operates under the brand Remedico Health, delivering digital health solutions that enhance patient engagement and streamline healthcare delivery across various platforms.Founded in 2017, Blackburn Technologies Private Limited, headquartered in Bangalore, India, focuses on innovative health solutions through its brand Remedico Health. The company, led by CEO Ranjit Bhatia, has completed a total of 4 funding deals, most recently securing INR 40.000 mn in VENTURE DEBT, primarily from AWE Funds and others, raising a total of INR 39.660 mn so far.Remedico Health specializes in innovative health solutions designed to enhance patient engagement and streamline healthcare delivery. Their core offerings are digital health platforms that facilitate access to medical consultations, health management tools, and wellness resources, targeting both individuals and healthcare providers. The company markets its products across North America and Europe, providing essential services that address diverse healthcare challenges.In the most recent fiscal year 2022, Blackburn Technologies reported a revenue of INR 93,957.1. The EBITDA for the same year was reported at INR -226,630.2, indicating operational challenges that the company is managing.Blackburn Technologies has plans to leverage its recent funding from new investor Paipal Ventures to further develop its digital health offerings and expand into new markets. The company is targeting additional growth in North America and Europe, aiming to enhance its services by designing new health management products set for release within the next 12 months. The recent VENTURE DEBT funding will be utilized to support these development and expansion initiatives.

## Funding rounds

- Series A, Oct 20, 2020, $0.5M — LVX, Tahseen Consulting, AWE Funds
- Seed, Mar 8, 2018, $0.6M — Venture Catalysts, Vida Ventures, Parkview Advisors

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Vida Ventures (https://capitalatlas.ai/funds/vida-ventures) — Seed
- Parkview Advisors (https://capitalatlas.ai/funds/parkview-advisors) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Series A
- Tahseen Consulting — Series A
- AWE Funds (https://capitalatlas.ai/funds/awe-funds) — Series A