Quali55care, a Mumbai-based health tech firm, has secured a USD100,000 angel round from ah! Ventures Angel Platform. ah! Ventures have invested in 140 businesses, bringing its total investment portfolio to INR 285 CR (37 MN USD), with 14 exits and 28 follow-on rounds. So far in 2022, 40 investments have been made across all three platforms.
According to Harddik K Patel, CEO and Founder of quali55care , the funds will be allocated towards tech development for better customer experience, product offerings and taking the distribution process to the next level, and on boarding new talent to optimize the team for its future goals.
Quali55care, founded in 2018 by Harddik K Patel, has grown more than 5x in the last year. It intends to address the issue of affordable access to durable medical equipment for home care. The medical equipment rental business is disorganized and opaque in terms of offerings. Quali55care is becoming more structured through its online platform, which has clear price transparency, consistent supply and quality, and is becoming more accessible, inexpensive, and dependable.
"By keeping recovery easy at the heart, Quali55care is producing asset lite, tech enabled medical equipment rental solutions for home care and corporates by creating cloud based inventory support with solid logistics in place," said CEO Harddik K Patel following the investment event. Speaking with our consumers has provided us with some intriguing insights. It has assisted us in developing various forms of rental packages while maintaining convenience, cost, and hassle-free delivery by maintaining our goal. We also intend to bring the whole healthcare eco-system to assist their patient base by offering value via our platform."
Quali55care is now active in Mumbai and Pune, and its leasing services are available at quali55care.com.
The company anticipates a successful Phase 2 that will triple its development and position it as one of India's top health tech platforms by expanding their service into 14 cities with a vast pool of inventory by bringing on excellent vendors.
"Quali55care, a new-age health tech brand in the home care business, is recession-proof and growing at an exponential rate. The founders should be enthusiastic about their enterprise. They know what they're doing while also being open to fresh ideas and creative approaches that will help the firm in the long run "ah! Ventures' Ketan Kataria and Mulchand Darji, Deal Lead - SuppQuali55care and Venture Partner.