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  • Mocero Health Solutions aims to develop the omnichannel digital infrastructure for healthcare institutions through a new healthcare management system (HMS), by creating modules that meet the needs of patient engagement.
  • Mocero Health was named one of the top three solutions at the GovTechThon in May 2022.
  • IPV has invested over Rs. 500 Cr on over 140 deals

Health technology company Mocero Health has raised a funding round led by Inflection Point Ventures (IPV). Mocero Health is one of the fastest growing health technology platforms in India helping hospitals go omnichannel and expand their services beyond physical catchment areas. The funds raised will be used for product development and to expand its sales channel through which Mocero will build a digital health platform with seamless exchange of data and services.

Launched in 2017 by SPJIMR alumnus N. Palaniappan, a digital technology professional, with over 15 years of experience in mobile banking and digital payments. Mocero Health is incubated at Healthcare Technology Innovation Center (HTIC), IIT Madras Research Park (IIT-MRP).

Madhukar Bhardwaj, Vice President, Business Development and Investments at Inflection Point Ventures, states: “Over the past 2 years, the health technology sector has experienced an accelerated growth curve. Traditional healthcare infrastructure giants have also realized the need to be on the cutting edge of technology to meet growing healthcare demands. However, large Tier 2 and Tier 3 healthcare facilities still lag the rest of the world in smart digital adoption. This need for transparency and better patient care fuels micro-themes within the sector. Mocero is rightly positioned as the founding team understands the medical and technological elements to offer a relevant solution for an ever-expanding healthcare market in India.

Palaniappan Narayanan, co-founder and CEO, adds, “Hospital without walls” – Mocero was designed with the idea of ​​creating a digitally connected community rather than a circumscribed physical space. It is about creating a platform where healthcare providers, patients and patient families are on the same platform to exchange healthcare information and services. The healthcare sector is lagging behind in the wave of digitization and is decades behind in the mainstream adoption of technology. Mocero aims to fill this gap through digital transformation of care delivery, engagement and connected care, focusing on patient-centric and personalized care, telehealth, home care, omnichannel connectivity , transparency and interoperability.

India’s adoption of technology in healthcare is expected to grow at a CAGR of 39% from 2020 to 2023. However, it still lags significantly behind the rest of the world in the adoption of health technology in primary care, secondary care and even many tertiary care settings. By delivering a carefully thought out, user-friendly, patient-centric and intuitive solution, Mocero seeks to accelerate the adoption of IT in healthcare. It also facilitates the fulfillment of a critical need for NABH accreditation of healthcare facilities and prescription digitization providers. As a SAAS platform, it can be linked to the HMS system of large hospitals or used standalone in primary/secondary care to monitor patient workflow and related departments, with comprehensive hospital data and available patients throughout its growth journey. In addition, Mocero has developed knowledge for medical research and symptoms for early diagnosis, which may also pave the way for future expansion.

About Mocero Health

Mocero Health is a new-age health technology company co-founded in December 2017 by Palaniappan Narayanan. Mocero Health is building a digital platform to help hospitals become omnichannel and extend their services beyond their walls.

About Inflection Point Ventures | Physical capital

Inflection Point Ventures is an angel investment platform with over 7400 CXOs, HNIs and professionals to invest in start-ups together. The firm supports new era entrepreneurs by providing them with monetary and experiential capital and connecting them with a diverse group of investors. IPV announced the launch of a $50 million AIF Physis Capital fund to invest in Series A and B growth-stage start-ups.