PC: Viestories
Orange Health Labs is the latest innovative health care startup that has bagged a funding round worth $12 million led by Amazon Smabhav. This milestone comes at a time when this healthcare lab services provider is looking forward to improving healthcare accessibility and efficiency for people through its innovative laboratory services. The funds thus raised will be used for the expansion of its services, improvement of its technological setup to cater to the growing clientele base.
Founded in 2020, Orange Health Labs has fast come to dominate the health industry as one of its leading service providers. With its diagnostic services put into focus for convenience and efficiency, Orange Health Labs has managed to provide the services that allow scheduling lab tests online, with reports ready on time and available at one’s fingertips through numerous health services. Orange Health Labs is well-positioned to meet the increasing demand for accessible healthcare solutions, given its focus on using technology to streamline the healthcare experience.
This new funding will help the company extend its operations more rapidly than ever before while growing additional services and strengthening its technical prowess. Orange Health Labs said that further investments will be made to diagnose technological advancement and increase their network across multiple locations of the collection centres. This step not only helps in proper delivery services but also goes toward health service for those untapped sectors where good health facilities rarely abound.
What’s noteworthy is that Amazon Smabhav is supporting this funding round, which will be particularly relevant in light of growing interest from major players in the healthcare startup ecosystem. The collaboration with Amazon Smabhav aligns with Orange Health Labs’ vision of leveraging technology to create a more efficient healthcare system. Backing from such a prominent investor will also help enhance the credibility of the startup and allow it to access valuable resources and expertise.
Aside from establishing an offline physical presence, Orange Health Labs is also working towards building its digital platform. Some funds are going to be devoted towards increasing the ease of the use on their app and website such that its customers will be easily enabled to navigate the services availed and be timely notified concerning their health tests. Through data analytics and AI, it will offer users highly-personalized health insights which it feels will give users total empowerment about managing health.
Health care is undergoing a major evolution, driven by technology as well as a move away from sickness care and towards more preventive medicine. Startups like Orange Health Labs are playing a very big part in this evolution by finding modern solutions to the needs of modern consumers. The high demand for preventive healthcare through early diagnosis has also enhanced demands for reliable and accessible laboratory services.
The funding round also points to another interesting trend: increased investments into health tech startups during a time when the COVID-19 pandemic has pushed the adoption curve forward for digital health solutions. Clearly, investors are seeing the great prospects for returns in this market. More people are keenly looking for convenient care solutions that fit into very tight lifestyles.
All things considered, the successful funding round with Amazon Smabhav signifies a promising future for the Orange Health Labs startup as it charts the course of ambitious growth. Through concentrating on technology-driven solutions and extension of reach, Orange Health Labs is poised to impact greatly on the healthcare landscape in the future. This investment underscores the faith investors have in the vision of the company and symbolizes the trend to innovations in health care delivery. It will eventually contribute to quality healthcare to all individuals as the company proceeds.
