Clinikally raises $500,000 in funding from Y Combinator

Digital health-care and e-commerce startup Clinikally has raised $500,000 from tech startup accelerator Y Combinator, and will participate in its summer 2022 batch, the company said in a statement.

Founded a year ago by San Francisco-based healthcare entrepreneurArjun Soin, Clinikally operates a teledermatology service for users and an online pharmacy. “Treatment formulations delivered to users include Clinikally’s own consumer brand and third-party doctor prescribed solutions. The start-up is building a digital health platform that unifies the product and telemedicine experience seamlessly,” the statement said.

Clinikally, which said it is servicing treatment plans and products across over 700 cities, is backed by Shutterstock founder Jon Oringer's Pareto Holdings as an early investor, along with ReNew Power founder Sumant Sinha, MapMyGenome founder Anu Acharya, Nepean Capital founder Gautam Trivedi and Northwestern Medicine chief of head and neck surgery Sandeep Samant.


A recent report by public policy think tank Niti Aayog estimated healthcare as one of the fastest growing sectors of the Indian economy, fuelled by rising incomes, access to insurance, and affordable services. The healthcare market in India is expected to touch US$ 372 billion by the end of 2022.

The Ministry of Health and Family Welfare (MoHFW) was allocated US$ 11.28 billion in this year’s Budget to further accelerate growth and development in the sector.