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BlackSoil's Investment in GenWorks Health for Affordable Healthcare

Written by : Aishwarya Sarthe

June 21, 2023

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GenWorks now offers a full range of products for the entire patient care cycle: screening, diagnosis, treatment, and monitoring.

GenWorks Health, a leading medical technology company in India, has secured $4 million in funding from BlackSoil, a prominent investment firm. This investment will fuel GenWorks Health's expansion and enable it to provide high-quality healthcare services to underserved areas, promoting affordability and accessibility in tier-II and tier-III cities.

GenWorks Health helps distribute medical devices and consumables throughout India. With a nationwide presence, GenWorks Health has served over 40,000 customers across 700 districts in India. The company's extensive network positions it as a trusted provider of healthcare solutions, catering to the diverse needs of patients and healthcare practitioners.

GenWorks Health offers comprehensive solutions covering the entire patient care cycle, from screening and diagnosis to treatment and monitoring. The company continuously evolves to meet the changing demands of the healthcare industry, striving to deliver the highest standard of care.

The partnership with BlackSoil is a significant milestone for GenWorks Health. The funding will support the company's expansion plans, allowing it to extend its customer reach and strengthen its infrastructure. GenWorks Health aims to enhance its equipment, software, technology, and skilled staff to improve healthcare services and meet evolving client needs.

S. Ganeshprasad, Founder, MD, and CEO of GenWorks Health, expressed his satisfaction with the collaboration, emphasizing the company's commitment to exceptional healthcare services. The investment from BlackSoil will accelerate GenWorks Health's mission and drive positive impacts in the healthcare sector.

Ankur Bansal, Co-founder of BlackSoil Capital, expressed confidence in GenWorks Health's growth potential and shared belief in healthcare technology's transformative power. BlackSoil's investment reflects their commitment to making a meaningful impact in the healthcare sector and improving lives.

GenWorks Health's successful funding acquisition marks a pivotal moment, propelling the company's expansion and establishing it as a leading healthcare technology provider in India. With a focus on affordability and accessibility, GenWorks Health is poised to bring positive change to patients and healthcare professionals nationwide. The collaboration with BlackSoil underscores a mutual dedication to innovation and a healthier future for all.


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