Delhi, India – December 7, 2023: AllTrak, a healthcare technology and logistics platform, has secured INR 4.2 crore in a pre-series A funding round led by Inflection Point Ventures (IPV). The funds will be used for team expansion, technology development, and expansion of logistics operations across multiple cities in India.
AllTrak offers a B2B healthcare technology (HealthTech) solution that provides diagnostic companies with a complete suite of services, including:
- Technology SaaS platform: This platform facilitates single point patient data entry and integration across different platforms, streamlining the diagnostic process and reducing turnaround times.
- Pan-India shared logistics network: AllTrak operates a network of over 10,500 pickup locations and utilizes a fleet of 3,000+ vehicles to ensure timely and efficient delivery of diagnostic samples.
- Phlebotomist network: AllTrak employs a network of skilled phlebotomists who can collect samples from patients in their homes or offices.
This comprehensive ecosystem empowers healthcare providers to streamline their operations, improve patient care, and increase profitability. AllTrak currently serves over 3,000 healthcare professionals in 50+ cities across India, handling over 200,000 monthly visits and collecting 3.5 lakh+ patient samples each month.
Vikram Ramasubramanian, Partner at IPV, commented: “AllTrak’s integrated approach addresses the critical need for timely delivery of diagnostic samples, especially considering the challenges highlighted by the recent pandemic. Their technology-driven platform and extensive network offer significant benefits to healthcare providers, ultimately contributing to improved patient care and a more efficient healthcare industry.”
Amit Gupta, Founder and CEO of AllTrak, stated: “The Indian healthcare market presents immense opportunities for growth, and we are committed to building a robust ecosystem that empowers healthcare companies to thrive. We are grateful for the support from IPV, which will fuel our vision to revolutionize the healthcare industry.”
AllTrak’s unique technology platform and extensive network already serve some of India’s leading healthcare companies. With the support of IPV, the company is poised for continued growth and success in the rapidly evolving Indian healthcare landscape.
