Genworks Health
Genworks Health is a Bengaluru-based, Pan-India medtech distribution and healthcare technology platform, originally set up in 2015 as an initiative by GE Healthcare (via Wipro GE) to bring affordable diagnostics and medical equipment to Tier II/III India. It distributes and services medical devices across maternal & newborn care, imaging/radiology, cardiology, OT, critical care, oncology and IVD, and operates the GenStore…
Genworks Health: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 8 Aug 2024 | Undisclosed | $5 Mn | Evolvence Fund Kasiraman Swaminathan Ramesh Kumar Sivaraman Somerset Indus Healthcare Fund | source |
| 9 May 2023 | Debt | $4 Mn | Blacksoil Capital | source |
| 4 May 2022 | Series B | $17 Mn | Morgan Stanley Wipro GE Evolvence Somerset Indus Capital Partners | source |
| 6 Jul 2021 | Debt | $2.01 Mn | Blacksoil Capital | source |
| 8 Apr 2020 | Undisclosed | Undisclosed | Evolvence Morgan Stanley | source |
| 30 May 2019 | Series A | $8.8 Mn | Somerset Indus Capital Partners | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 24 Dec 2020 | Genworks Health | Iris Healthcare Technologies | Undisclosed (slump sale) | source |
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Who founded Genworks Health?
Genworks Health was founded by S GaneshPrasad, R Balaji (Balaji R Raghupathy), Kiran Thadimarri in 2015.
How much funding has Genworks Health raised?
Genworks Health has raised $36.81 Mn across 6 tracked funding round(s), most recently on 2024-08-08. Figures are compiled from cited public sources.
Who are the investors in Genworks Health?
Investors in Genworks Health include Evolvence Fund, Kasiraman Swaminathan, Ramesh Kumar Sivaraman, Somerset Indus Healthcare Fund, Blacksoil Capital, Morgan Stanley, Wipro GE, Evolvence.
What does Genworks Health do?
Genworks Health is a Bengaluru-based, Pan-India medtech distribution and healthcare technology platform, originally set up in 2015 as an initiative by GE Healthcare (via Wipro GE) to bring affordable diagnostics and medical equipment to Tier II/III India. It distributes and services medical devices across maternal…
Where is Genworks Health headquartered?
Genworks Health is headquartered in Bengaluru, Karnataka, India.
What is Genworks Health's business model?
Genworks Health's core value proposition centers on Affordable, last-mile healthcare access, Full patient care-cycle coverage, AI-enabled women's health screening.
How does Genworks Health make money?
Genworks Health's cited revenue streams include Medical equipment sales, Consumables, reagents and repeat orders, Services, installation and maintenance.