AI-powered Healthcare Screening Startup Cardiotrack Raises $2M
💰 Uber Diagnostics Pvt Ltd, which runs Cardiotrack, raised $2 Mn (INR 16.5 Cr) in a pre-Series A funding round led by Girish Narasimhan, with participation from Y S Shashidhar.
🏥 Cardiotrack offers healthcare screening technology and services to health and life insurance providers, providing telemedicine kits, screening technologies, and data analytics.
🌱 The company plans to use the fresh capital to expand its offerings to more health and life insurance providers.
👥 Founded in 2015 by Ashim Roy and Avin Agarwal, Cardiotrack earlier raised an angel investment of $1.6 Mn (around INR 13 Cr) from a cohort of UHNIs.
💡 Their approach enhances convenience for consumers and enables health and life insurance providers to offer fast, comprehensive, and personalized services, along with improved operational efficiency and healthcare data analytics capabilities.
🏆 Narasimhan believes the venture will rightfully cement its place among startups reshaping the future of healthcare.
🚀 Cardiotrack competes against Cura, Perfint Healthcare, Prognosys Medical Systems, Irillic, and UnivLabs among others in India’s growing medtech sector.
💸 India’s medtech sector has received over $844 Mn in total funding, with recent examples including Aarogya Tech’s $1.8 Mn seed funding and CureBay’s $7.4 Mn Series A funding.
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