Lifetime Health is a digital healthcare at-home platform that secured $1.5 million in its seed funding round led by The Garage Syndicate with the participation of other angel investors. The startup plans to use these fresh proceeds to deploy more products for future development, scale its production, and expand its services. The development came after the company raised $900,000 in its previous funding round from existing investors.
The Healthcare startup offers medical care services, medical devices, lab tests, and nursing care. These services can be accessed through the mobile application. The company provides an online platform with high-quality services to its clients. Lifetime Health operates in Bengaluru and has a network of around 200 local clinics. The startup plans to expand its network and offerservices to major cities while connecting more than 10,000 medical offices and clinics across India. The Healthcare startup is aiming to expand its network in Mumbai. The company claims to have over 1,000 professional doctors registered on the platform with 300 active users that can schedule, make, and recommend appointments.
The online platform offered by the company enables doctors to store patient’s medical records in a digital format. The digital healthcare sector is growing in India and the unique business model of Lifetime Health adds to the company’s benefit in strengthening its position in the healthcare industry. The startup is committed to changing healthcare communications using its innovative approach and artificial intelligence. The platform also provides various services including booking doctor appointments, medical device delivery, lab tests, physician engagement, and more. The company plans to enhance its resources, innovate its services, launch new offerings, advance its technologies, and improve its platform to offer the best user experience.
This investment shows the trust of Lifetime Health’s investors in its business model and market potential. Lifetime Health aims to revolutionize the Indian healthcare sector and become the top healthcare startup in India. The platform also offers a mobile app to connect healthcare and medical professionals with patients and provide them with a medical facility within 60 minutes. The startup faces competition from other health home-care companies such as Practo and MediBuddy. This year many Indian healthcare startups including CASAMED, Care24-India, and Muse Diagnostic secured huge investments.
Conclusion:
Lifetime Health is a healthcare startup that secured $1.5 million in its seed funding round led by the venture capital firm Garage Syndicate and other angel investors. The company intends to use this fresh capital to launch new services, enhance its platform, scale its operations, and expand its network. The startup offers an online application that offers services including nursing care, lab tests, and making appointments with doctors. The company secured 900,000 USD in its previous funding round from its
investors. The healthcare startup claims to reach its customers within the 60-minute interval. The company operates in Bengaluru and plans to expand its services to Mumbai. The firm specializes in home medical care services.
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