# InnoCirc Ventures Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innocirc-ventures-pvt

- Industry: Healthcare IT
- Headquarters: Gurugram, India
- Website: www.myhealthcare.co
- Total disclosed funding: $4.9M
- Latest round: Series A (Apr 16, 2019)
- Investors on record: 2

## About

InnoCirc Ventures Pvt Ltd is a digital healthcare company focused on providing a range of services that enhance patient care through technology, enabling seamless interactions between patients and healthcare providers.Founded in 2017 and headquartered in Gurugram, India, InnoCirc Ventures Pvt Ltd operates in the digital healthcare sector, specializing in delivering innovative patient care solutions. The company has recently raised INR 86.24 million in funding from Hunch Ventures as of March 29, 2022. The founders, Chit Hnin, Chit Moe, and Divya Laroyia, have a strong background in healthcare technology and entrepreneurship. The company has executed a total of 5 deals since its inception, with a current valuation of INR 3,635.894 million, and has raised the total amount of INR 86.24 million.MyHealthcare specializes in providing a comprehensive digital healthcare ecosystem that encompasses a wide range of services aimed at enhancing patient care. The core offerings include online video consultations with doctors, appointment bookings, medicine orders, and diagnostic test scheduling. These services are designed to simplify the healthcare experience for patients, ensuring they can easily manage their health needs from the comfort of their homes. The platform caters to various medical specialties such as cardiology, gastroenterology, gynecology, neurology, orthopedics, and pulmonology, effectively addressing the diverse healthcare needs of its users. MyHealthcare’s client base includes patients seeking immediate medical attention, healthcare professionals, and partner hospitals, primarily targeting urban markets in India, while also aiming for broader geographic expansion in the Southeast Asian region.For the year 2023, MyHealthcare reported a revenue of INR 1,348,423.4 and an EBITDA of INR -650,176.6. Revenue generation is structured through direct-to-consumer transactions facilitated by their digital platform. Patients engage with the services by booking consultations with doctors, ordering medicines, or scheduling diagnostic tests, often through a subscription model or one-time payments. The service model allows for a seamless transaction process where users can select specific healthcare services tailored to their needs. The company collaborates with partner hospitals and healthcare providers, enhancing its service offerings and expanding its reach.In the future, InnoCirc Ventures Pvt Ltd aims to launch new products that will enhance its digital healthcare offerings. The company is also looking to expand its reach into Southeast Asian markets, with specific target regions yet to be announced. The recent funding of INR 86.24 million will support these initiatives, allowing the company to invest in product development and market expansion efforts.

## Funding rounds

- Series A, Apr 16, 2019, $2.9M — Sixth Sense Ventures
- Series A, Jul 31, 2018, $2M — Hunch Ventures

## Investors

- Hunch Ventures (https://capitalatlas.ai/funds/hunch-ventures) — Series A
- Sixth Sense Ventures (https://capitalatlas.ai/funds/sixth-sense-ventures) — Series A