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Data Center News > Blog > Investments > Alyve Health Raises $5.5M in Series A Funding
Investments

Alyve Health Raises $5.5M in Series A Funding

Last updated: June 18, 2024 9:42 am
Published June 18, 2024
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(L-R) Vineet Mehta co-founder & CTO, Sushant Roy – co-founder, CBO & COO, Shashank Avadhani co-founder and CEO.

Alyve Health, a Mumbai, India-based well being tech platform, raised $5.5M in funding.

The spherical was led by Axilor Ventures with participation from 1Crowd Fund, and Inhealth Ventures. The corporate additionally raised enterprise debt funding from Trifecta Capital as a part of this spherical.

The corporate intends to make use of the funds for strategic progress initiatives throughout key areas like platform enhancement, expertise acquisition, growth of operations, amplification of providers, and better member engagement.

Based in Might 2020 by Shashank Avadhani, Sushant Roy, and Vineet Mehta, Alyve Well being is a health-plan-tech platform that gives complete healthcare providers to people, employers, and different companies. Alyve’s well being plans cowl a number of healthcare journeys like physician consultations, diagnostics, drugs purchases, dental procedures, health club memberships, and proactive well-being. The platform is built-in with payers (insurers, TPAs), intermediaries (brokers, monetary establishments, digital platforms), and suppliers (clinics, diagnostic facilities, health studios), and offers tailor-made options to a number of teams – staff, prospects, and channel companions – and presently serves over 1 million members. The cellular app and internet portal present members with Customised Well being Plans, Outpatient Medical Care, Cashless Funds, 24/7 Physician Consultations, Diagnostic Scans, Annual Well being Examine-Ups, Behavior Teaching, Life-style Enchancment, and Personalised packages.

FinSMEs

18/06/2024

See also  Three Ships Beauty Raises $2.5M in Funding

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TAGGED: 5.5M, Alyve, Funding, Health, Raises, Series
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