# Karma Primary Healthcare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/karma-primary-healthcare

- Industry: Healthcare IT
- Headquarters: Udaipur, India
- Website: www.karmahealthcare.in
- Total disclosed funding: $1.3M
- Latest round: Series A (Aug 2, 2024)
- Investors on record: 9

## About

Based in India, Karma Primary Healthcare is a healthcare company dedicated to enhancing primary healthcare services, particularly in underserved rural areas through innovative technology solutions.Karma Primary Healthcare, founded in 2014 in Udaipur, India, focuses on delivering essential healthcare services. The company has successfully completed 5 funding deals, with its most recent round being a Series A funding of INR 110.000 mn, led by UBS Optimus Foundation on August 7, 2024. Gagandeep Gambhir serves as the founder, while Jagdeep Gambhir is the current CEO.Karma Primary Healthcare offers a suite of healthcare services aimed at improving access to primary healthcare, particularly for rural populations. Their services include telemedicine, health education, and mobile health solutions that cater to a diverse demographic, enhancing healthcare delivery and patient engagement in various geographical regions.In the most recent year of 2023, Karma Primary Healthcare reported a total revenue of INR 597,538.6 and an EBITDA of INR -389,919.6, indicating the company's current financial status and operational expenditures.In August 2024, Karma Primary Healthcare raised INR 110.000 mn in Series A funding, which will be utilized to enhance technology capabilities and expand the team. The company is focused on a patient-centric approach to improve healthcare accessibility for rural patients. Future initiatives include launching new health technology products and expanding operations into additional rural areas within India to reach more underserved populations.

## Funding rounds

- Series A, Aug 2, 2024, $0.5M — 1Crowd, UBS Optimus Foundation
- Series A, Aug 20, 2022, $0.8M — 1Crowd, Innospark Ventures, Innovative Directions, Inc., Aanshi Healthserv LLP, Social Innovation Circle
- Seed, Apr 6, 2015 — Ennovent, Ankur Capital, Beyond Capital Fund

## Investors

- Ennovent (https://capitalatlas.ai/funds/ennovent) — Seed
- Ankur Capital (https://capitalatlas.ai/funds/ankur-capital) — Seed
- Beyond Capital Fund (https://capitalatlas.ai/funds/beyond-capital-fund) — Seed
- 1Crowd (https://capitalatlas.ai/funds/1crowd) — Series A
- Innospark Ventures (https://capitalatlas.ai/funds/innospark-ventures) — Series A
- Innovative Directions, Inc. — Series A
- Aanshi Healthserv LLP — Series A
- Social Innovation Circle — Series A
- UBS Optimus Foundation — Series A
