THB, a clinical data intelligence services company, has recently secured $20 million in funding led by Filter Capital and Edelweiss Discovery Fund Series-I. This funding will be instrumental in THB’s global expansion plans and accelerating growth in South Asia, the Middle East, and Southeast Asia markets.
The funding round, which also included Cornerstone Venture Partners Fund (CSVP) and Healthquad, provides financial support and enables THB to invest further in expanding its global presence and diversifying its product line.
THB’s core mission is to revolutionize the healthcare industry by shifting from intuition-based treatment and decisions to data-driven and evidence-based practices. They achieve this through their cutting-edge clinical and administrative tools, utilizing real-world data to enhance patient outcomes.
With a comprehensive suite of software solutions and over 20 use cases, including patient engagement, doctor engagement, clinical customer relationship management, analytics automation, customer care automation, and real-world evidence, THB empowers healthcare enterprises to embrace digital transformation, data utilization and technology adoption.
Akansh Khurana, MD & Group CEO of THB, expressed his excitement about the immense growth opportunities presented by healthcare big data technology. THB aims to provide its customers with a comprehensive suite of data use cases, allowing them to leverage their healthcare datasets and achieve real growth.
THB provides a platform for data technologies to enable data-driven healthcare
Since its establishment in 2015 by Akansh Khurana, Rajesh Pachar, Rohit Kumar, and Kritika Tandon, THB, also known as Technology | Healthcare | Big Data Analytics, has been serving over 150 healthcare organizations across ten nations.
The healthcare sector is currently experiencing a global revolution driven by the increased adoption of technology and the generation of critical clinical data that fuels AI-based solutions. The COVID-19 pandemic has further accelerated the adoption of digital technology, leading to significant investments in AI and digital solutions worldwide.
THB’s team, consisting of more than 300 software and data engineers, physicians, consultants, and analysts, is dedicated to delivering measurable results to their enterprise clients. Their extensive clinical expertise further strengthens their ability to provide cutting-edge solutions.
With this recent funding, THB is well-positioned to advance the usage of data, technology, and digital solutions in the healthcare sector, further expanding its global footprint.
THB’s data management platform and suite of software products currently cater to a wide range of healthcare corporations, including hospitals, pharmaceutical firms, diagnostic labs, primary care providers, consumer health companies, payors, and med-tech firms.
Their operations span rising Asian markets such as Indonesia, Singapore, Malaysia, Bangladesh, India, and the United Arab Emirates.