Startup City Magazine

Ankur Capital Announces Investment in Karma Healthcare

Bangalore: Ankur Capital, India’s first domestic angel impact investment funds, last week announced an investment in Karma Healthcare, which is a provider of technology enabled health care in rural Rajasthan.

Founded in 2011, Ankur Capital enables start-up companies in agriculture, health and education. Their center of attention is about businesses models and market opportunities that give power to low income communities. The fund aims to provide more than just capital, by providing intensive support, resources and networks and are able to turn portfolio companies to accelerate and continue business growth and also they have committed to bring long lasting impact.

Founded in 1987, Karma Healthcare, provider of healthcare products, is working towards progressing primary healthcare services in rural areas. It sets up primary healthcare clinics to provide web enabled patient doctor consultations, diagnostic services and medicines to the beneficiaries. Karma healthcare follow the straightforward business model which is very neat and simple. Its purpose is to offer eminence medical suggestion through skilled doctors at clinics in rural areas.

Speaking about the investment, Ritu Verma, Managing Partner of Ankur Capital, says, “The investment in Karma Healthcare is in line with our vision to invest in the next 100 business that will lift over 100 million people out of poverty. We are excited to partner with Karma Healthcare and participate in changing the game for rural healthcare delivery.

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