Wednesday, April 24

Tag: healthcare startup

SigTuple rasies $19 Mn Funding From Accel and IDG Ventures
26Jun By Lavina TolaniNo Comments
FUNDING

SigTuple rasies $19 Mn Funding From Accel and IDG Ventures

SigTuple, an AI-based healthcare startup has raised 19 million i.e approximately Rs. 130 crores in a Series B round led by IDG Ventures and Accel Partners. The investment round also saw participation from pi Ventures, Flipkart’s executive chairman Binny Bansal, Endiya Partners, Axilor Ventures. The Bengaluru-based company plans to use the funds in the expansion of assembly and distribution of AI100 along with research and development of new solutions that can boost its reach and market presence. Rohit Kumar Pandey, chief executive at SigTuple said, The major chunk (of the money) will go into setting up a manufacturing pipeline so that we can put more devices in the market. We have applied for US FDA and CE certification. Once we go through the stage, it will require more clinical tr...
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Reliance Industries Unit Invests Rs 10 Cr in Digital Healthcare Startup
24May By Lavina TolaniNo Comments
FUNDING

Reliance Industries Unit Invests Rs 10 Cr in Digital Healthcare Startup

Mukesh Ambani led firm Reliance Industries Ltd. (RIL) has invested a mammoth amount of Rs. 10 crores in an early stage healthcare technology platform called KareXpert Technologies Pvt. Ltd. According to the sources, the investment has been made by RIL’s subsidiary and investment arm, Reliance Industrial Investments and Holdings Ltd (RIIHL). A person familiar with the matter said, "RIIHL has bought 22,222 preference shares in KareXpert Technologies Pvt. Ltd by way of private placement at a cost of Rs 4,500 a share and later may buy the entire lot of 66,666 preference shares in a few tranches, probably by pumping in another Rs20 crore." KareXpert Technologies is a digital healthcare provider startup founded in 2004 by Nidhi Jain. Based in Gurugram, company claims its technology to b...
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Sequoia Capital Backed 1mg Acquires Varanasi Based Dawailelo
1Sep By AnkitaNo Comments
ACQUISITION

Sequoia Capital Backed 1mg Acquires Varanasi Based Dawailelo

Sequoia Capital-backed online pharmacy 1mg has recently acquired Varanasi-based startup Dawailelo. The terms of the deal were not disclosed. “We are very keen on building a pan-India presence rapidly,” said Prashant Tandon, CEO of Gurgaon-based 1mg, which is pushing to expand operations in tier-II and -III cities. “The team at Dawailelo has done a great job understanding the requirements of the customers and has created a unique model that has shown great promise for tier II and III cities.” Founded by Aditya Agrawal (CEO) and Arpit Sarin (COO) in 2013, Dawailelo is a healthcare startup which helps people connect with medical stores, doctors, pathology labs through its website and app. The startup has huge potential, realizing which Pixr8 covered their story while they were still in t...
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Google Backed Online Healthcare Startup Practo Lays Off 150 Employees
7Apr By AdityaNo Comments
News

Google Backed Online Healthcare Startup Practo Lays Off 150 Employees

Online healthcare platform Practo has laid off around 10% of its workforce amounting to 150 employees as part of its annual performance appraisal and redundancies due to acquisitions. “Yesterday, 150 of our colleagues left the company to pursue opportunities outside. This is a combination of natural redundancies that emerge as we integrate our 5 acquisitions and evolve our businesses, as well as the performance required for the next phase of Practo’s growth,” a company spokesperson said in an email response. In line with the company’s policy, it provides employees with two months pay, employment and outplacement services to help them find their next great opportunity, the statement added. Practo has acquired five firms -- FitHo, Genii, Insta Health Solutions, Qikwell and Enlightik...
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Meet Manisha Who Changed India’s Medical Advisory Service
10Oct By RishabhNo Comments
Story

Meet Manisha Who Changed India’s Medical Advisory Service

As rightly it is being said, “Good health leads to good brain and good brains leads to good life.” And we all know how important it is to stay healthy and stay fit. In this era of being busy and running after other luxuries, we often forget what it is to stay in good shape. We over tire our bodies, extend them beyond their limits and often which leads to its malfunctioning. Our bodies are like the engines that are ready to drive you all way around and over usage often leads to its breakdown. People often are so busy that they forget the illness of their bodies and keep on working on their routines. They usually don’t have time to take a doctor’s appointment and see them on their illness. In this fast moving word, we often fail to act that fast when it comes to sickness of our bodies. ...
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Practo, Healthcare startup forays into Indonesian market
1Sep By No Comments
News

Practo, Healthcare startup forays into Indonesian market

Healthcare startup Practo today said it has forayed into the Indonesian market with its product, 'Practo Search'. Practo has a presence in India, Philippines and Singapore and has a team of 1,500 employees. Indonesians will be able to search for over 4,200 verified doctors in over 60 percent of all clinics across Jakarta DKI, using Practo website or an app that has been specially built for the region, Practo said in a statement. The product, available in Indonesian and English language, will allow consumers to book appointments for doctors online, it added. "We will continue our global expansion to be present in over 10 countries by March and enable over two billion consumers to make better healthcare decisions," Practo founder and CEO Shashank ND said. Consumers can search u...
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