Vera Clinics, the Hyderabad-based Vera Smart Healthcare arm, announced today, it has signed a definitive agreement with various medical institutes in the state of Telangana to set up health access points at these medical institutes, that include smart clinics, mobile units, door to door, smart health transport and multi & super speciality hospitals access, based on the health profiling in and around the radius of 300 kms.

The company under the collaborative model will introduce the latest technology into healthcare – from digitizing the health with AI-powered Virtual Smart healthcare tools, backed by Mobile Wellness Hospital services in these medical institutes.

Vera Smart Healthcare is India’s B2B healthcare integrated AI, mobility health system that collaborates with Indian healthcare companies and Central/State Governments in transforming healthcare scenarios in India.

The company was the first to run massive mobile units covering 85 districts and 2400 towns and 2 million plus patients in the past. VERA, so far invested around 6 million, between 2020 and 2021.

Announcing the deal, Founder CEO, Vera Clinics, Dharma Teja Nukarapu, said the estimated valuation of the new deal is around $119 Million and will be implemented over a period of Five years, in the initial roll-out phase we are investing $15M. This fresh order add to our existing ongoing list of contracts. What we aim to achieve is to ensure that primary healthcare access is at finger tips of rural areas through door-to-door diagnostics services, around the corner smart clinics, on demand mobile units are provided to the regions that surround these teaching hospitals. All these large hospitals will be backed by our technically trained healthcare staff, strategic clinics, mobile healthcare units, proprietary Artificial Intelligence technology and mobile applications.”

“Our belief is that disruptive AI driven healthcare technology is the way forward for health care providers, Medical Institutions and door-to-door health care practitioners to connect better and faster to any rural patient to diagnose illnesses, fasten cure and save lives,” Dharma adds.

“We have seen the company grow from its backyard contracts to larger contracts. The strongest elements were always vision and hard work to make the impossible possible,” said Amar B Singh, Angel Investor from New York.

“Returns in the rural market need great performance but these guys always had a solution to move forward,” stated Ratish Kumar, Investor, India.