Healthcare logistics platform AllTrak raises Rs 4.2cr
AllTrak offers single point patient data entry and integration across platforms to reduce turnaround time of diagnostics
(From left): Amit Gupta, Co-Founder and CEO and Tarun Sharma, Co-Founder and COO, AllTrak
AllTrak, a healthcare technology and logistics platform, has raised Rs 4.2 crore in a pre-series A round led by Inflection Point Ventures (IPV).
The funds will be allocated for team expansion, technology enhancement, and logistics operations expansion across India, says an official release.
AllTrak offers end-to-end solutions to diagnostic companies including a SaaS platform, pan-India shared logistics network and a network of phlebotomists. "The ecosystem empowers healthcare organisations, enhancing profitability, service quality, and client satisfaction."
AllTrak monitors seven lakh patient samples per month, the release added. The network facilitates seamless healthcare operations in 50+ cities including Delhi NCR, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kolkata and many tier-2 and tier-3 cities. The platform has 5,000+ registered healthcare professionals, tracks 500,000+ visits per month and 10,500+ networked pickup locations/centres.
“India's GDP is all set to reach $5 trillion by 2027 and $10 trillion by 2035," says Amit Gupta, Founder & CEO, AllTrak. "Healthcare is going to be one of the important sectors for India to grow. We want to grab this opportunity and build and offer a robust ecosystem for healthcare companies to grow. The support from IPV investors has helped us in the journey and our vision to revolutionise the healthcare Industry. We appreciate the overall process for seamless deal flow.”
Vikram Ramasubramanian, Partner, IPV adds: “Following the challenges posed by the Covid pandemic, we have collectively recognised the vital significance of timely delivery of diagnostic healthcare samples that are essential for optimal patient care and effective treatment planning. The integrated approach designed by AllTrak helps overcome logistical bottlenecks, contributing to more effective and streamlined transportation and tracking for healthcare providers, ultimately contributing to the betterment of the industry. With its timely delivery, AllTrak is a category creator and leader, showing a promising future in the diagnostics healthcare market.”
