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April 24, 2013

Deal Alert: Patient management SaaS SmartRx raised capital from Ventureast, CIIE

Bangalore-based Smart Cloud Technologies, the developer of SmartRx, a cloud-based patient management solution for doctors and hospitals, has raised funding from Ventureast Tenet Fund, IIM-Ahmedabad’s startup accelerator, CIIE, and other investors. Ramesh Byrapaneni, venture partner at Ventureast Tenet Fund, joins the Smart Cloud board along with managing partner Sateesh Andra. 

Founded in 2011 by Anil Kumar and Vijayakumar Kannan, SmartRx enables doctors and to provide patients timely diagnosis, testing, consultation, review and health advice according to prescribed standards. Prior to starting Smart Cloud, Kumar worked with Realcom, a Japanese company focused on knowledge and content management. He earlier co-founded a company called Pragna Technologies. Co-founder Kannan has worked with companies such as Accenture and AsconHealtha and also founded rupees4gigs.com, a marketplace for small services and products. 

 
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