About IKS Health
IKS Health is a company based in Navi Mumbai (India) founded in 2006 by Sachin K Gupta and Joe Benardello.. IKS Health has raised $9.35 million across 3 funding rounds from investors including Anirudh Malpani, Manu Parpia and Manish Gupta. The company has 12,660 employees as of March 31, 2024. IKS Health has completed 1 acquisition, including AQuity Solutions. IKS Health offers products and services including Care Enablement Platform, Revenue Cycle Management, Clinical Documentation, and Value-Based Care. IKS Health operates in a competitive market with competitors including Health Catalyst, CitiusTech, Azalea Health, CompuGroup Medical and DrFirst, among others.
- Headquarter Navi Mumbai, India
- Employees 12660 as on 31 Mar, 2024
- Founders Sachin K Gupta, Joe Benardello
- Stage Public
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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
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- Legal Name Inventurus Knowledge Solutions Limited
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Annual Revenue
$311.21 M (USD)46.54as on Mar 31, 2024
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Net Profit
$56.78 M (USD)31.19as on Mar 31, 2024
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EBITDA
$90.89 M (USD)46.98as on Mar 31, 2024
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Total Equity Funding
$9.35 M (USD)
in 3 rounds
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Latest Funding Round
$71.6 K (USD), Angel Round
Apr 15, 2015
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Investors
& 21 more
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Employee Count
12660
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of IKS Health
IKS Health is a publicly listed company on the NSE with ticker symbol IKS in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of IKS Health
IKS Health offers a comprehensive portfolio of products and services, including Care Enablement Platform, Revenue Cycle Management, Clinical Documentation, and Value-Based Care. 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.
Platform for integrating AI to optimize healthcare operations
Services to maximize reimbursements and reduce claim denials
AI solutions for accurate medical documentation and transcription
Tools for risk optimization and care coordination in healthcare
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Leadership Team
47 people
Software Development Team
15 people
Operations Team
12 people
Human Resources and Administration
11 people
Creative and Marketing Team
10 people
Finance and Accounting
10 people
Sales and Marketing
8 people
Product Management Team
5 people
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Funding Insights of IKS Health
IKS Health has successfully raised a total of $9.35M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $71.6 thousand completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $71,600
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First Round
First Round
(16 Nov 2006)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Angel Round - IKS Health | Valuation | Anirudh Malpani , Manu Parpia |
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| Feb, 2009 | Amount | Angel Round - IKS Health | Valuation | Rekha Jhunjhunwala , Rakesh Jhunjhunwala | |
| Nov, 2006 | Amount | Angel Round - IKS Health | Valuation | Rekha Jhunjhunwala |
| 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 IKS Health
IKS Health has secured backing from 22 investors, including angel investors. Prominent investors backing the company include Anirudh Malpani, Manu Parpia and Manish Gupta. 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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AM
Anirudh Malpani |
Angel investor, IVF specialist, and founder of Malpani Infertility Clinic.
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Founded Year | Domain | Location |
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MP
Manu Parpia |
Angel investor, ex-CEO of Geometric Ltd., supports Indian tech startups
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Founded Year | Domain | Location |
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MG
Manish Gupta |
Co-founder of MoEngage, active angel investor in Indian startups
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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 IKS Health
IKS Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AQuity Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Medical coding, transcription, and billing services are offered.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IKS Health
| 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 |
Iks Health Comparisons
Competitors of IKS Health
IKS Health 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 Health Catalyst, CitiusTech, Azalea Health, CompuGroup Medical and DrFirst, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Provider of AI solutions for clinical, operational, and business outcomes
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| domain | founded_year | HQ Location |
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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| domain | founded_year | HQ Location |
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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| domain | founded_year | HQ Location |
E-prescription and secure messaging solutions are offered to healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Iks Health
Frequently Asked Questions about IKS Health
When was IKS Health founded?
IKS Health was founded in 2006.
Where is IKS Health located?
IKS Health is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Who is the current CEO of IKS Health?
Sachin K Gupta is the current CEO of IKS Health. They have also founded this company.
Is IKS Health a funded company?
IKS Health is a funded company, having raised a total of $9.35M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $5.18M, raised on Nov 16, 2006.
How many employees does IKS Health have?
As of Mar 31, 2024, the latest employee count at IKS Health is 12,660.
What is the annual revenue of IKS Health?
Annual revenue of IKS Health is $311.21M as on Mar 31, 2024.
What does IKS Health do?
Provider of healthcare technology and services for revenue cycle management and clinical support. It offers integrated platform solutions encompassing clinical, operational, and financial functions. These solutions aim to enhance reimbursements, eliminate claim denials, and streamline administrative tasks through AI driven tools. It also provides clinical support services, including medical coding, documentation, and scribing, to enhance clinician performance and patient care. Its services are designed to enhance financial performance, operational, and the overall patient experience within healthcare organizations.
Who are the top competitors of IKS Health?
IKS Health's top competitors include Innovaccer, CompuGroup Medical and DrFirst.
What products or services does IKS Health offer?
IKS Health offers Care Enablement Platform, Revenue Cycle Management, Clinical Documentation, and Value-Based Care.
Is IKS Health publicly traded?
Yes, IKS Health is publicly traded on NSE under the ticker symbol IKS.
How many acquisitions has IKS Health made?
IKS Health has made 1 acquisition, including AQuity Solutions.
Who are IKS Health's investors?
IKS Health has 22 investors. Key investors include Anirudh Malpani, Manu Parpia, Manish Gupta, Rekha Jhunjhunwala, and Rakesh Jhunjhunwala.
What is IKS Health's ticker symbol?
The ticker symbol of IKS Health is IKS on NSE.
What is IKS Health's valuation?
The valuation of IKS Health is $9.81M as of Apr 2015.
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