# InformDS Technologies Private

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

- Industry: Healthcare IT
- Headquarters: Mumbai, India
- Website: www.doxper.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Aug 1, 2019)
- Investors on record: 9

## About

InformDS Technologies Private Limited, based in India, specializes in digital healthcare solutions that enhance traditional workflows. Their innovative approach focuses on digitizing healthcare processes, improving efficiency and accessibility for providers and patients alike.InformDS Technologies Private Limited was founded in 2015 and is headquartered in Mumbai, India. The company focuses on converting traditional healthcare methods into efficient digital solutions. In August 2021, InformDS acquired a portfolio company, furthering its presence in the health-tech industry. The most recent funding round, a Series A, raised INR 252.440 mn from investors including Alkemi Growth Capital, GrowX Ventures, and Kotak Investment Advisors Limited. The total amount raised by the company to date is also INR 252.440 mn, with a current valuation of INR 1219.514 mn.Doxper specializes in digital healthcare solutions aimed at transforming traditional healthcare workflows. Their primary offering is a digital pen and paper solution that allows healthcare professionals to capture and digitize patient data effortlessly. This service enhances patient engagement and streamlines record management, especially for hospitals and clinics in India, aligning with the country's Ayushman Bharat Digital Mission (ABDM).For the most recent fiscal year ending in 2023, Doxper reported revenues of INR 640077.7 and an EBITDA of INR 35164.8.Following the August 2021 acquisition, the company aims to solidify its presence in the outpatient care market. The recent funding from the Series A round will support the expansion of their digital healthcare solutions into new geographic markets. Specific plans include launching new products designed to enhance operational efficiencies in outpatient departments, although exact release dates are not yet disclosed.

## Funding rounds

- Series A, Aug 1, 2019, $3.6M — Palaash Ventures, GrowX Ventures, Alkemi Growth Capital, Milestone Trusteeship Services, Rainforest Venture Network, Kotak Investment Advisors Limited
- Seed, Aug 28, 2017, $0.8M — Vidal Health Insurance TPA, Globevestor, GrowX Ventures, Capier Investments

## Investors

- Vidal Health Insurance TPA — Seed
- Globevestor (https://capitalatlas.ai/funds/globevestor) — Seed
- GrowX Ventures (https://capitalatlas.ai/funds/growx-ventures) — Seed, Series A
- Capier Investments (https://capitalatlas.ai/funds/capier-investments) — Seed
- Palaash Ventures (https://capitalatlas.ai/funds/palaash-ventures) — Series A
- Alkemi Growth Capital (https://capitalatlas.ai/funds/alkemi-growth-capital) — Series A
- Milestone Trusteeship Services — Series A
- Rainforest Venture Network (https://capitalatlas.ai/funds/rainforest-venture-network) — Series A
- Kotak Investment Advisors Limited — Series A