THB will use the funds in expanding its operations globally and accelerating growth in existing countries
Technology l Healthcare l Big Data Analytics (THB) has announced a $20 million funding in a growth equity round led by Filter Capital and Edelweiss Discovery Fund Series-I.
Cornerstone Venture Partners Fund (CSVP) and Healthquad, among others, also participated in the round.
THB will use the funds in expanding its operations globally and accelerating growth in existing countries across South Asia, Middle East, and South East Asia. With this funding, THB is well-positioned to expand its product portfolio and invest in growing global presence.
Investec Capital and Antares Legal were the advisors to the transaction.
THB serves healthcare enterprises to drive digital, data, and technology adoption with their data management platform, and a suite of software solutions across 20+ use-cases, including patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence.
Akansh Khurana, MD & Group CEO, THB said, “Healthcare Big Data Technology presents an enormous opportunity for growth in this decade. THB aims to provide its customers with a comprehensive suite of data use-cases, enabling them to fully leverage their healthcare datasets and achieve tangible growth. We are excited about partnering with the new investors and leveraging their expertise in technology and enterprise SaaS to further expand THB into a truly global organisation.”
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