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Kolkata-based healthtech startup tiyo raises seed funding

04.14.16_technewsrprt_regina-timothy_seedstar

Android phone physical keyboard Kolkata-based healthtech startup Tiyo, which was launched in May 2015 by Ranna Dutta, Sandip Bodak and Sunil Mishra, has raised $120,000 of angel funding, after being bootstrapped for almost a year.

The round was led by veteran entrepreneurs from Middle East- Anish K and Ajith Nair, CEO iAdepto Global, Rana Dutta, Rahul Sinha (Advisory board member) and Sandip Bodak The company has also closed its pre-Series A round, where it raised $750,000, and will soon be closing its Series A as well.

The raised funds will be utilized to strengthen the development team based out of Bengaluru and will help in opening new sales offices in the South and West.

On what sets his startup apart in the increasingly crowded healthtech segment, the founder, 38-year-old Rana Dutta says, “We not just rely on the technology but also heavily depend on the content part. Phone key android apps Broadly, the platform brings the patients and doctors together on one platform. It focusses on solving patients’ primary and secondary problems and nothing beyond it.” How does it work?

Through its web app, Tiyo connects patients with doctors, and facilitates appointment booking. The patients can book appointments through a basic phone and not necessarily a smartphone.

Tiyo operates on a Software as a Service (SaaS) model for the doctors and the initial login is free for the patients, but a fixed fee is charged after the consultation.

The company expects to have 25 percent of the doctors on their SaaS based model by March 2017 and to have 300 command centres.

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