Karma Primary Healthcare, a Rajasthan-based healthcare start-up, has raised Series A equity funding from a consortium of investors led by Innospark Ventures, 1Crowd, Innovative Directions, Aanshi LLP, Social Innovation Circle, Sunil Mishra and other angel investors. 

In addition to this, the organisation has also raised support from Grand Challenges Canada (GCC), funded in part by Global Affairs Canada, through GCC’s Transition to Scale program.

The start-up plans to use the funds for product development, developing referral programs and adding new revenue streams.

In eight years, Karma has claimed to build a healthcare delivery solution that provides real-time online video consultations and delivers healthcare to users via its facility-based, paramedic-assisted clinics. These clinics deliver a comprehensive ecosystem of clinical treatment, quality medicines and diagnostics. The company also partners with other public health organizations for disease-specific programs like COVID, diabetes and others. 
 
Jagdeep Gambhir, Founder & CEO of Karma Primary Healthcare said, “Access to quality healthcare should not be a privilege limited to urban areas. Digital innovations to bridge this healthcare divide presents a significant opportunity. Through last 8 years, we at Karma have honed the necessary skills and operating model to deliver primary healthcare to rural India. We look to expand our clinic footprint to 80 clinics in seven states. We also look to create linkages with secondary and tertiary players to create a seamless patient experience. We are thankful to our incoming and existing investors that have shown faith in our business model, its impact and potential.

Deepak Verma, Operating Partner at Innospark Ventures said “We believe Karma is addressing a significant challenge: how to provide longitudinal care, with specialist MD consultations as and when required, to rural populations, without expecting patients to travel for hours to access quality care. Over time, as Karma’s footprint continues to grow, the company will provide better diagnostics and care, for more diseases, at more affordable prices, while substantially improving patient outcomes.”
 
Anil Gudibande, Co-founder at 1Crowd added “Jagdeep is a phenomenal leader driving disruption through rural and semi-urban India in what is otherwise a very challenging space. We believe Karma has been one of the pioneers in redefining the primary healthcare space in rural and semi-urban India. Their impact-led phygital approach has made healthcare more accessible and equitable, helping touch millions of lives of those who previously lacked access to such services. With the ability to provide medical consultations, quality medicines through network pharmacies, preventive care and health education, Karma ensures a continuum of care for anyone walking through its doors. Karma, synonymous with quality primary healthcare in rural and semi-urban households, is fostering a profound impact on the community and India as a whole.”