Wellthy Therapeutics, a digital therapeutics (DTx) company, develops and deploys digital therapeutic candidates for commercialisation in indications across cardiology, nephrology and diabetes.
It helps medication and health brands achieve their commercial goals by building and launching customised digital health solutions, powered by its disease-agnostic, modular, software-as-a-medical-device (SaMD) platform, according to the company website.
Wellthy Therapeutics is backed by investors Ranjan Pai, GrowX and BeeNext.
Pulsar Capital is a private equity fund focused on alternative investments across diversified sectors in India, South Asia, Middle East and Africa. Pulsar Capital, a growth stage investment fund floated by former TPG managing director Vish Narain, acquired TruDoc last September.
With TruDoc’s leadership in the GCC and Wellthy’s proven track record in Asia, this alliance is poised to reinforce TruDoc’s leading position in the region as a tech-enabled primary care provider, stated the press release. “This partnership accelerates our progress towards our impact goal, broadening our reach while enhancing patient outcomes,” said Abhishek Shah, founder of Wellthy Therapeutics. The combined capabilities are uniquely positioned to significantly lower healthcare expenses, contribute to savings, and reduce unnecessary hospital and clinic visits, while substantially improving the patient experience.”With this acquisition, we are hitting a key milestone on our path to transforming healthcare across the GCC and beyond,” said Vish Narain, Chairman of TruDoc. We envision a future where primary care is easily accessible, starting with digital platforms, followed by in-home care, with in-clinic visits only when needed, added Narain.
In September last year, Pulsar Capital had acquired TruDoc, UAE’s telehealth and virtual primary care provider. Established in 2011, TruDoc provides access to licensed telemedicine close to one million paid subscribers in UAE and 2 million globally, along with its home care doctors, labs and diagnostics, e-pharmacy services, and personalized wellness programs.
Established in 2011, TruDoc offers a comprehensive range of services, ranging from virtual clinics and hospitalist programs to telemonitoring for acute and chronic care.
Other investments by Pulsar include Assiduus Global – an AI-powered cross-border / cross-marketplace e-commerce accelerator; Ambrosia Foods and Athena SPAC.
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