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Blockchain App HealthPro Seeks to Raise $3 Million in the Next 18 Months.

Blockchain-based mobile app HealthPro developed by healthcare technology start-up to quicken the process of accessing insurance support and loans for patients if needed.

The five-year-old startup, which has developed solutions for hospitals to digitize health records.

HealthPro released the Android version recently, This will be followed by an iOS version shortly.

Kare4u Healthcare Solutions Chief Executive Officer Prabin Bardhan says:

We are in talks with seven more insurance companies to form a consortium of healthcare insurance provider. The underlying Blockchain technology allows real-time processing of queries, making the life easy for patients.

Also, The firm has tied up with Future Generali to offer insurance support to users.

The app was launched in the presence of Estonian Ambassador Riho Kruuv and Kare4U Chairman Kasu Prasad Reddy.

The firm is in talks with venture capital funds based in Singapore and the US to raise $3 million in two tranches in the next 18 months.

Healthcare main aim to use the funds to expand the platform and reach. they already have tied up with 350 hospitals in 10 top cities in five States.

Besides usual services like storing health records and fixing doctor appointments, the app provides a collaborative platform for hospitals, doctors, diagnostic centers, pharmacies, insurance companies, and patients. It allows interoperability of data, enabling stakeholders to automatically act on the authentication requests.

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