Three AIH Co-Founders will continue with Vivant: Chinmoy Mishra as Chief Business Development Officer, Dr. Rasmi Mishra as Chief Product Innovation Officer & Gaurav Vij as Chief Technology Officer.
Singapore based Health Tech startup Symple Wellness Platform (“SWP”), has acquired Pune-based AllizHealth (“AIH”), a wellness & health analytics platform for an undisclosed sum. AIH will be rebranded to “Vivant”, SWP’s operating brand.
The acquisition dramatically speeds up Vivant’s expansion into the India market and brings with it a robust technology architecture, a strong operating team of almost 40 people across various functions, and close to 750,000 end customers. Three AIH Co-Founders will continue with Vivant: Chinmoy Mishra as Chief Business Development Officer, Dr. Rasmi Mishra as Chief Product Innovation Officer & Gaurav Vij as Chief Technology Officer.
The combined platform will provide a comprehensive digital health offering with over 6,500 partners with strengths across the care spectrum to empower individuals to engage with their health to get healthy, stay healthy or manage disease. The platform will also deliver solutions emphasising maternal health, menstrual health, diabetes, orthopaedics, cardiovascular, child nutrition and elder care. Customers will also have access to Vivant’s Advisory Board, which includes internationally and nationally recognized experts across key fields that impact individual and community wellbeing.
Anupa Naik, CEO of Vivant, said, “This acquisition brings with it an outstanding team and technology capabilities that will strengthen our ability to help customers engage with their health meaningfully and productively. This is a significant investment for us and reaffirms our commitment to the Indian market. We warmly welcome the AIH team to Vivant and look forward to working together.”
“We are delighted to join forces with the Vivant team and look forward to bringing our services to customers at scale. Vivant’s strong domain expertise and leadership team was a natural fit for AIH and we look to our shared future with great optimism,” said Chinmoy Mishra, Co-Founder of AIH.
Founded in 2013 by Chinmoy Mishra, Dr. Rasmi Mishra, Gaurav Vij and Dhairya Gupta, AllizHealth had secured $350,000 (Rs 2 crore) in funding from Mumbai Angels and a few other individual investors in June 2015.
Practo, Lybrate, DocsApp, SigTuple, SynThera, Clinivantage, and HealthEnablr are some of the other startups operating in the health-tech segment in India. Global ecommerce behemoth Amazon is also ready to enter in Indian healthtech market and is eyeing acquiring online pharmacy MedPlus.
Source: BW Disrupt