About ECLAT
ECLAT is a company based in Hyderabad (India) founded in 1991 by Karthik Polsani was acquired by Gulf Capital in March 2021. It operates as a Professional Services, and Managed Services. The company has 1,970 employees as of September 30, 2024. ECLAT offers products and services including Medical Coding, Medical Billing, Auditing, Clinical Documentation Improvement, and Risk Adjustment. ECLAT operates in a competitive market with competitors including Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.
- Headquarter Hyderabad, India
- Employees 1970 as on 30 Sep, 2024
- Founders Karthik Polsani
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eclat Health Solutions Inc.
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Annual Revenue
$463.4 K (USD)13as on Mar 31, 2024
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Net Profit
$40.43 K (USD)30as on Mar 31, 2024
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EBITDA
$63.14 K (USD)34as on Mar 31, 2024
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Latest Funding Round
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Investors
Interswitch
& 1 more
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Employee Count
1970
as on Sep 30, 2024
- Acquired by
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Products & Services of ECLAT
ECLAT offers a comprehensive portfolio of products and services, including Medical Coding, Medical Billing, Auditing, Clinical Documentation Improvement, and Risk Adjustment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Medical coding services are provided for accurate reimbursement.
Medical billing services are offered for efficient claims processing.
Auditing services are conducted for compliance and accuracy.
Documentation improvement services are provided for better records.
Risk adjustment services are offered for financial optimization.
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Funding Insights of ECLAT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ECLAT
ECLAT has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Interswitch and Gulf Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Alternative investment firm providing services in Private Equity, Private Debt, and Real Estate across Growth Markets.
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Founded Year | Domain | Location | |
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Payment solutions are provided for consumers and businesses across sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ECLAT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ECLAT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eclat Comparisons
Competitors of ECLAT
ECLAT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of self funded health plan
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| domain | founded_year | HQ Location |
Revenue cycle management platform is provided to healthcare providers.
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| domain | founded_year | HQ Location |
Healthcare outsourcing services are provided to various sectors.
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| domain | founded_year | HQ Location |
Dental practice brokerage services are provided to facilitate transactions.
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| domain | founded_year | HQ Location |
Provider of revenue cycle management, BPO, IT, and finance and accounting services
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| domain | founded_year | HQ Location |
Medical payment integrity and analytics services are provided by MultiPlan.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eclat
Frequently Asked Questions about ECLAT
When was ECLAT founded?
ECLAT was founded in 1991.
Where is ECLAT located?
ECLAT is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of ECLAT?
Karthik Polsani is the current CEO of ECLAT. They have also founded this company.
How many employees does ECLAT have?
As of Sep 30, 2024, the latest employee count at ECLAT is 1,970.
What is the annual revenue of ECLAT?
Annual revenue of ECLAT is $463.4K as on Mar 31, 2024.
What does ECLAT do?
Revenue cycle management services are delivered by ECLAT to hospitals, physician groups, and health plans. Solutions including medical coding, billing, auditing, clinical documentation improvement, and risk adjustment are offered. The healthcare sector is primarily served, focusing on compliance with HIPAA and HITECH regulations. A 24-hour turnaround time and high coding accuracy are maintained. Support is extended to small, medium, and large facilities across the USA and India.
Who are the top competitors of ECLAT?
ECLAT's top competitors include Centivo, Access Healthcare and Rennova Health.
What products or services does ECLAT offer?
ECLAT offers Medical Coding, Medical Billing, Auditing, Clinical Documentation Improvement, and Risk Adjustment.
Who are ECLAT's investors?
ECLAT has 2 investors. Key investors include Interswitch, and Gulf Capital.
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