Beyond Capital Ventures (BCV), a women-led, emerging markets venture capital fund investing in purpose-driven startups, has invested an undisclosed amount in Clinikk, a healthcare company as part of its Series A+ funding round.
The funds will be used to expand its current profitable primary healthcare footprint, development of technological capabilities, launch cutting-edge products and scalability to different geographies.
“The future of high quality, accessible and affordable healthcare for India’s aspiring middle class is an imminent reality. Our offline+online model brings significant benefits such as reduced out-of-pocket expenses, improved health outcomes, and increased insurance penetration. It also creates a sustainable healthcare system that’s more resilient to market volatilities. We are reimagining an asset-light managed care model for India. We aim to ensure its accessibility to as many people as possible,” said Bhavjot Kaur.
“Clinikk is a category creator in healthcare for the rising consumer class of India. Clinikk delivers a breakthrough in managed healthcare through its IPD and OPD insurance and modern hubs, and fills a void of health and financial protection for the emerging middle class,” said Eva Yazhari, Beyond Capital Ventures’ Managing Partner.
Founded in 2018 by Bhavjot Kaur (CEO) and Dr B Suraj Baliga (COO), Clinikk is a full-stack healthcare solution provider that is transforming healthcare for the aspirational middle class. It offers a unique model that combines affordable health insurance with accessible primary care through physical health hubs and digital telehealth services.
Bangalore-based company currently operates 10 health hubs in Bangalore, serving over 41,000+ subscribers and has handled more than 100K+ consultations.