AllTrak, a healthcare technology and logistics platform, has successfully raised INR 4.2Cr in a pre-series A funding round led by Inflection Point Ventures.
The investment aims to bolster team growth, improve technology, and expand logistics operations across various Indian cities.
The company specializes in providing an all-in-one solution for healthcare diagnostics. Using a Software as a Service (SaaS) model, AllTrak streamlines patient data entry and integration across different platforms, significantly reducing the time taken for diagnostics.
Catering primarily to other healthcare businesses, AllTrak’s suite of solutions includes a technology-based SaaS platform, a widespread logistics network spanning India, and a network of phlebotomists.
This ecosystem allows healthcare companies to expedite patient report turnaround and scale up their services efficiently. Ultimately, it helps these organizations to enhance their profitability, service quality, and overall client satisfaction.
Established in 2021 by Amit Gupta and Tarun Sharma, AllTrak’s founders boast extensive experience in the healthcare industry. Gupta, with over two decades in building technology platforms, has previously worked with notable companies like General Motors and Capgemini. Sharma, with more than 15 years in healthcare operations management, has overseen large-scale operations across India.
Amit Gupta, Founder & CEO, AllTrak, says,
“India GDP is all set to reach at $5T by Y2027 and $10 by Y2035. Healthcare is going to be one of the important sectors for India to grow. We want to grab this opportunity and build and offer a robust ecosystem for healthcare companies to grow. The support from IPV investors has helped us in the journey and our vision to revolutionize healthcare Industry. We appreciate the overall process for seamless deal flow.”
As per the press release shared with KeeVurds’ team, AllTrak’s technology platform currently monitors around 7 Lac patient samples monthly and operates a tech-driven logistics network in over 50 cities, including major hubs like Delhi NCR, Mumbai, Bangalore, and Kolkata, as well as several tier 2 and tier 3 cities.
With a vast network of over 5000 registered healthcare professionals and 10,500+ pickup locations, the platform handles more than 5,00,000 visits each month.
Notably, AllTrak’s innovative technology is trusted and used by some of India’s top 10 healthcare companies, showcasing its credibility and impact within the industry.
This recent funding is set to propel AllTrak’s mission to further revolutionize healthcare logistics, delivering faster and more efficient services across the country.