UCare plans to raise $2 million

The two-year-old startup, that provides a holistic platform to detect and prevent any criticality, has over 2,000 customers from its partnership with 10 corporates.

By Author  |  Published: 15th Mar 2019  12:02 amUpdated: 15th Mar 2019  12:38 am
UCare
UCare plans to raise $2 million

Hyderabad: Digital preventive healthcare platform UCare is planning to raise $2 million so as to fund its retail expansion – which has gone live recently. The two-year-old startup, that provides a holistic platform to detect and prevent any criticality, has over 2,000 customers from its partnership with 10 corporates. However, going ahead it plans to get on-board more individual customers even as it has made its website and app live for retail consumers to subscribe.

UCare subscription kit comes with a free Fitbit and handheld ECG machine along with access to diagnostic centres, doctors, ambulance services and help services from medicine delivery in late night to cab booking services. The one-stop shop for preventive healthcare, according to its founder Vikrant Gugnani, is planning to add diabetic-related services in the near future and also provide a device to monitor diabetes at home. “With all the data we are creating a health profile of a particular customer and this can be easily accessed by the doctor so as to prevent any criticality to happen,” said Gugnani.

The startup started operations about six months ago and has partnered with 10 different service providers in nine cities across India including Hyderabad, Mumbai, Delhi-NCR, Pune, Bengaluru, Chennai, Kolkata and Ahmedabad. Going ahead, it plans to get into all the State capitals of India by end of June and is betting big on the opportunity that smaller cities offer in terms of customer acquisition. In addition, the startup is also looking at having 500 corporates registered on its platform in the next 12 months.

With a subscription plan of Rs 18,000 for two years, UCare even provides insurance coverage and two annual checkups free. One user can even monitor the health profile of their family members on the platform by registering individual family members with individual subscriptions.