THB (TECHNOLOGY | HEALTHCARE | BIG DATA ANALYTICS), a Gurgaon, India-based healthcare SaaS company, raised $20 million in growth equity funding.
The round was led by Filter Capital and Edelweiss Discovery Fund Series- I, with participation from Cornerstone Venture Partners Fund (CSVP) and Healthquad, among others.
The funds will be used in expanding its operations globally and accelerating growth in existing countries across South Asia, the Middle East, and Southeast Asia. The funding will also allow THB to expand its product portfolio and invest in a growing global presence.
THB serves large healthcare enterprises to drive digital, data, and technology adoption with their data management platform, and a suite of software solutions across more than 20 use cases, including patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence, among other things.
"Healthcare Big Data Technology presents an enormous opportunity for growth in this decade. THB aims to provide its customers with a comprehensive suite of data use-cases, enabling them to fully leverage their healthcare datasets and achieve tangible growth," said Akansh Khurana, MD & Group CEO, THB.
Company: Sekhmet Technologies Private Limited
Raised: $20.0M
Round: Growth Equity
Funding Month: May 2023
Lead Investors: Filter Capital and Edelweiss Discovery Fund Series – I
Additional Investors: Cornerstone Venture Partners Fund (CSVP) and Healthquad
Company Website: https://www.thb.co.in/
Software Category: Healthcare Data Technology and Analytics Platform
About the Company: Led by Akansh Khurana, Rohit Kumar, Rajesh Prachar, Kritika Tandon and Chirag Adatia, THB is building a transformative data technology platform to enable data- and evidence-driven healthcare and deliver game-changing customer experience and care. THB harnesses the power of data and technology to empower healthcare enterprises, researchers, practitioners, and innovators to perform medical miracles, solve medical mysteries, and overcome the biggest healthcare challenges. It currently serves over 150 healthcare enterprises across more than 10 countries. THB currently serves a wide spectrum of customers in the healthcare industry, including hospitals, pharmaceutical companies, diagnostic labs, primary care, consumer health, payors, and med-tech companies across markets in emerging Asia, including India, Bangladesh, Sri Lanka, the UAE, KSA, Indonesia, Singapore, and Malaysia.
Source: https://www.businesstoday.in/entrepreneurship/news/story/saas-company-thb-raises-20mn-growth-equity-round-led-by-filter-capital-edelweiss-380171-2023-05-05