Phable is a health tech startup on a mission to create an ecosystem of patients, doctors, hospitals, health devices, insurance, and patient care service providers.
Phable's product is designed to empower users with quality insights, and deliver care for their unique needs.
Phable was founded in 2018 by Mukesh Bansal and Prasanth Reddy. The company is headquartered in Bangalore, Karnataka, India.
Phable has created a more transparent and real-time communication channel that allows a doctor to nudge their patients to take their medicine on time, and make any necessary changes to the lifestyle or medication cycle, or request a follow-up appointment.
Phable also sells a range of medical IoT devices through its platform that patients can buy for tracking their body performance such as blood pressure and glucose levels.
Phable is currently is used by over 5,000 doctors. It has already served more than 220,000 patients and plans to deploy the fresh capital to scale the startup to reach 5 million patients and 35,000 doctors by the end of the year.
Phable is backed by Manipal Hospitals, SOSV, Inflection Point Ventures, LetsVentures, Betatron Venture Group and others. The company raised $12M in a new Series B round on Sep 09, 2021. This brings Phable's total funding to $25.7M to date.