Heaps Health, an AI-driven health tech startup, raises INR 550 Million in Series-A funding

With NVS Wealth Managers, founded by Nalin Shah and Jesal Shah and the Rajiv Dadlani group leading the round, Heaps Health raised INR 550 Million.

Heaps Health solutions is an AI-driven B2B SaaS platform that leverages advanced data analytics, AI and machine learning to revolutionise delivery and payment models in the healthcare sector. It aims at building a Healthcare Network and works on a value-based care model.

Heaps plans to utilise the freshly raised capital in accelerating product development, expanding its team of specialists, optimising the company’s operations and penetrating existing and newer markets.

The company has onboarded a diverse team of medical practitioners, specialist doctors, clinicians and domain experts from India and the US. It offers automated and AI-based patient engagement platforms to its stakeholders (insurers, hospitals, pharmacies and corporates).

Currently, Heaps offers post-discharge care management and Health Compliance and Risk Management (HCRM) in India and US. Its quality service has attracted a strong pipeline of clients from South Africa, UAE and Bangladesh.

Dr Suman Katragadda, CEO of Heaps Health, built Heaps over five years doing extensive research and collecting inputs from over five million patient interactions. He aims to fulfil his vision of Heaps revolutionising healthcare delivery and payment models at global levels.

He wholeheartedly welcomes NVS Wealth Managers and the Rajiv Dadlani Group for benefitting Heaps with their expert guidance and hand-holding. He is extremely happy with the trust and support shown by the investors.

Dr Suman elucidates, “We have taken utmost care in securing data privacy and confidentiality and will be converting the data into actionable insights for stakeholders.”

Nalin Shah, managing director of NVS Wealth Managers, strongly believes that Heaps will soon achieve unicorn status, having found a highly rewarding niche. He believes in the expertise of Dr Suman to make Heaps a large success story. Heaps is one of the highest tech, intelligent, comprehensive and scalable platforms in the healthcare sector, he says.

Rajiv Dadlani is impressed by Heaps’ holistic strategy of leveraging advanced data analytics, AI and machine learning in building a well-calibrated and globally scalable business model. He foresees the high demand a SaaS platform like Heaps has amongst patients, insurers, hospitals and corporates. The Rajiv Dadlani Group is glad to support them in their amazing journey forward, he says.

We believe that Heaps, under the management consisting of world-class professionals and industry stalwarts, will reach new heights. The funding of INR 550 Million is just the beginning.

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