AllTrak Secures Rs 4.2 Crore in Pre-Series A Funding to Bolster Healthcare Logistics
Written by Arushi Sharma
Explore AllTrak's recent Rs 4.2 crore pre-series A funding led by Inflection Point Ventures, fueling their mission to enhance healthcare technology and logistics in India.
In a significant stride towards fortifying healthcare technology and logistics in India, AllTrak, a pioneering platform, has successfully raised Rs 4.2 crore in a pre-series A funding round. The investment drive was spearheaded by Inflection Point Ventures (IPV), marking a pivotal moment in AllTrak's expansion trajectory.
The infusion of funds is strategically earmarked for three key pillars: team augmentation, technological advancements, and the expansion of logistics operations across numerous cities in India. AllTrak’s multifaceted solutions encompass a Technology SaaS platform, a widespread logistics network, and an extensive phlebotomist network, all dedicated to catering to healthcare companies and their patient base.
The platform’s prowess in tracking and monitoring a staggering 7 lac patient samples per month underscores its technological finesse. Additionally, its tech-driven logistics network seamlessly operates across 50+ cities, including prominent metropolitan areas like Delhi NCR, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kolkata, and various tier 2 and tier 3 cities. With over 5000 registered healthcare professionals, tracking 5,00,000+ visits monthly, and a network encompassing 10,500+ pickup locations and centers, AllTrak stands as a formidable force in the healthcare ecosystem.
Amit Gupta, the Founder & CEO of AllTrak, emphasized the pivotal role healthcare will play in India’s projected GDP growth, slated to hit $5 trillion by Y2027 and $10 trillion by Y2035. Gupta expressed ambition in harnessing this momentum to construct a robust healthcare ecosystem. He credited the support from IPV investors as instrumental in advancing their vision to revolutionize the healthcare industry, acknowledging the seamless deal flow that propelled this transformative journey.
This substantial financial infusion positions AllTrak as a frontrunner in the healthcare technology landscape, poised to further streamline healthcare operations and drive innovation in service delivery across the nation. As the healthcare sector continues to evolve, AllTrak's strides promise to set new benchmarks, paving the way for an efficient and tech-driven healthcare future in India.