Thursday, March 28

Tag: healthcare

BeYouPlus Raises Funding from Fortis Healthcare President
FUNDING

BeYouPlus Raises Funding from Fortis Healthcare President

BeYouPlus, a Delhi-based health and wellness startup raised a funding round worth Rs 50 Lakhs from Fortis Healthcare’s president Daljit Singh who already invested in the company previously. The firm, which is headed by Dermacy Healthcare Private Limited, first allotted 14,664 equity shares at Rs 10 each for a premium of Rs 330.99 a share. A little more than a year ago, BeYouPlus, then known as MyDermacy raised a Pre-Series A round of funding from Chinese Venture Capital firm, Cyber Carrier for 15% equity shares of the company. BeYouPlus, founded in 2014 by Ankit Khurana is a beauty, cosmetic, and personal healthcare app that allows its user to share their skin, hair and cosmetic concerns with the company via their mobile app, and the firm will then provide quality treatments from app...
PolicyBazaar Steps in the Health-Tech Market
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PolicyBazaar Steps in the Health-Tech Market

PolicyBazaar, the most utilized insurance website and comparison portal, is envisaging stepping in the healthcare technology and services market. This initiative comes in a bid to provide its client-base with a reliable and free-of-cost online access to the website’s selection of quality doctors and medical consultants. At the outset, Policy will begin partnering with 100 hospitals and 20,000 doctors, diagnostic centers and clinics until the end of March 2019. The vertical integration into healthcare will include offering a variety of healthcare services as well including hospital concierge services for its health insurance customers. This will then allow PolicyBazaar to be by the side of its customers at the perfect time, which is at the time of claims. “Our foray into the health...
Apollo Hospitals Setting up $100 Million Seedfund For Healthcare Startups
FUNDING

Apollo Hospitals Setting up $100 Million Seedfund For Healthcare Startups

Apollo Hospitals announced a seed fund for healthcare startups in India. The announcement came at the 15th edition of Bio Asia 2018 – Asia’s biggest life sciences and healthcare conference, held in Hyderabad, Telangana. Sangita Reddy, Joint Managing Director of Apollo Hospitals in an interview with Telangana today said, "The total Seedfund investment size will be from $50 million to $100 million. Initially we will invest a token amount from $5 million to $10 million. We are running the accelerator part of the activity. A range of startups are approaching us which are in Healthtech and science-tech.” One of India’s largest private hospital chains, Apollo Hospitals is first to introduce robotic surgery in India. Apollo Hospitals will sign a formal memorandum of understanding with IB...
Healthcare Startup ElderAid Secures Angel Funding
FUNDING

Healthcare Startup ElderAid Secures Angel Funding

[dropcap]B[/dropcap]engaluru based healthcare startup that provides social care support for senior citizens has raised an undisclosed amount of funding from Hong Kong based entrepreneur Rugmini Menon, it said in a press statement. This fresh funding will be used to boost up its operations and strengthen its customer management technology. Founded back in 2015 by Vandana Nadig Nair and Santosh Abraham, the startup provides a range of in-home healthcare services for senior citizens with services like caretaker support, doctors and emergency assistance. Besides that it also provides volunteers to accompany elders through social gatherings, events and support volunteering interests. “ElderAid Wellness was founded in response to a growing need within my own extended family. I saw my au...
Gurgaon Based RenewBuy Bags $9.2 Mn From Amicus Capital
FUNDING

Gurgaon Based RenewBuy Bags $9.2 Mn From Amicus Capital

D2C Consulting Services Pvt. Ltd, which operates online insurance aggregator RenewBuy, has raised an equity fundraising of $9.2 million from Amicus Capital, a mid-market growth capital fund. The capital will be used for expansion of the company to newer geographic locations and addition of new segments like healthcare, accident and term life. Started in 2014, in Gurgaon by former MetLife senior executives, RenewBuy provides real-time quotes from various motor insurance plans. “Given the size of the market, we see huge scope for continued growth and it was important to partner with a strong institutional partner like Amicus Capital who understands our category space and shares the same vision on how to grow the business, said Balachander Sekhar, co-founder, and CEO of RenewBuy.co...
Scientist Developed New Augmented Reality System To Guide Plastic Surgery
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Scientist Developed New Augmented Reality System To Guide Plastic Surgery

Scientists have developed an Augmented Reality System that could be a useful guide to the planning, implementation and assessment of the results of facial reconstruction and other procedures. The system allows researchers to create three-dimensional (3D) simulations of the desired results from facial reconstruction procedures and project them over the patient's face during surgery. Researchers at the Osaka Medical College in Japan reported on the development and initial experiences with the Augmented Reality (AR) system to evaluate improvements in the body surface, an important consideration in plastic surgery. If you are looking for some plastic surgery because you would like to rejuvenate yourself then you can visit sites such as https://ramplasticsurgery.com or you can choose anot...
Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures
FUNDING

Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures

London based Your.MD, the world's smartest AI health information service, has completed its latest round of funding, having raised $10 million led by Orkla Ventures and with participation from Smedvig Capital AS and other existing shareholders. Orkla is a leading supplier of branded consumer goods to the health, pharmacy, grocery, confectionary, specialised retail and bakery sectors in the Nordics, Baltics and selected markets in Central Europe. The investment will be used to support the growth of Your.MD's health information platform and to consolidate its position at the forefront of Artificial Intelligence (AI) development in the digital health sector. The agreement will also enable expansion of its revolutionary OneStop Health™ platform - a global, AI-powered marketplace of trust...
Paytm Steps In Healthcare Domain, Invested in Startup
FUNDING

Paytm Steps In Healthcare Domain, Invested in Startup

Paytm, India's leading mobile payment company has invested in healthcare startup QorQI. The funding amount has been undisclosed. The startup offers a solution that gives doctors access to patient’s health and clinical data at the touch of a button. The startup aims to use AI and big data to improve productivity and care quality of doctors and help patients manage their health and existing ailments better. Commenting on the funding, QorQl’s Sanjay Singh said, “QorQL is pursuing the vision to democratise healthcare access. Our connected health applications are leveraging AI and big data to collect, integrate and interpret data for all users. This not only helps us solve tough problems but also helps our users stay healthy.” “Paytm’s investment in QorQl is a huge endorsement of our prod...
Hyderabad Based Oxa Medical Secures Funding From Idein Ventures, Aims to Reshape Medical Tourism to India
FUNDING

Hyderabad Based Oxa Medical Secures Funding From Idein Ventures, Aims to Reshape Medical Tourism to India

Healthcare startup Oxa, focused on healthcare treatment globally through individually curated medical tourism packages, has secured an undisclosed amount in seed funding from UAE based Idein Ventures. It aims to use the investment to build its technology stack and build its operations in Hyderabad. It is currently focusing on medical tourism to India and has global plans in pipeline. Oxa was founded in December last year, as an offline medical tourism company, but is building itself as a connected healthcare eco-system around the globe. Recently, specialty hospitals have helped create treatment hubs in India, leading to an inflow of foreign patients from Africa, Afghanistan, Bangladesh, USA and UK, among others. India is currently the second biggest medical tourism destination after Th...
Credihealth Launches Online Ambulance Booking Service
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Credihealth Launches Online Ambulance Booking Service

Leading medical assistance company Credihealth today launched a first-of-its-kind 24-hour online ambulance booking service in Gurgaon in National Capital Region (NCR). The service aims to bring emergency medical care to people's doorstep, the company said in a release issued here. Leading Gurgaon hospitals have partnered with Credihealth to be a part of this endeavour. "Most regular doctors are not accessible at night, but some medical conditions require immediate action. Any sort of delay can complicate the situation. This new feature is aimed to fulfil our goal of facilitating the access to convenient online healthcare service for the common man. We plan to follow-up on the launch of the first phase of our 24-hour ambulance service in Gurgaon by rolling out more such services ac...
SigTuple Raises $5.8 Million in Series A funding From Sachin & Binny Bansal
FUNDING

SigTuple Raises $5.8 Million in Series A funding From Sachin & Binny Bansal

SigTuple, a bangalore-based healthtech startup has raised USD 5.8 million in Series A funding led by Accel Partners Sachin Bansal, Binny Bansal and Amit Singhal & Others. The company provides a data driven, machine-learned, cloud-based solution to improve the accuracy and efficiency in disease diagnosis. To gain insights from data the company have a machine learning platform called Kurma. Founded by three IITians Rohit, Apurv and Tathagato, SigTuple plans to revolutionise global healthcare space through data driven intelligence. The startup also raised USD 740,000 in October 2015 from Sachin Bansal, Binny Bansal, Accel Partners, Ashok Bareja, Dr. Nirupa Bareja and Debanjan Mukherjee. “Our goal is to develop intelligent, scalable and affordable disease screening solutions which...
MEDZIN- The Emerging Player in The Indian Healthcare Industry
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MEDZIN- The Emerging Player in The Indian Healthcare Industry

Indian healthcare is experiencing a new wave of opportunity. Providers are reinventing existing delivery models to bring healthcare closer to the patient. One of the Leading light in this sector, Medzin (holding company of Medhealix Health Tech Pvt. Ltd.) is a hyper-local healthcare aggregator app connecting the users with the nearest healthcare facilities and services. Catalyzing growth and innovation in the Healthcare sector, one can buy Medicines and Daily Supplements at Your Convenience, Book Appointments Based on Recommendations and Healthcare and Daily Supplements, Book Appointments with Doctors Nearby. According to, Economist Intelligence Unit of World Healthcare Outlook, “Healthcare is a high-cost sector for both end-users and providers, billing at an average of 10.5% of GDP on...