Startup Improving Lives of Diabetics Raises Funding
BeatO, a platform dedicated in catering and facilitating the lives of diabetes patients recently raised an institutional round of funding worth $1.3 million led by Leo Capital in partnership with Blume Ventures.
"We are extremely excited to associate with partners like Leo and Blume. India is expected to have 100M diabetics by 2030. This puts tremendous pressure on all stakeholders in the healthcare eco-system both from a cost and well-being perspective to specially cater to this large demographic. This funding is a re-enforcement to the fact that we are solving a problem of massive scale," said Gautam Chopra, co-founder and CEO, BeatO.
BeatO makes use of smartphones, its app and a gluco-meter to monitor blood glucose in its patients along with the follow through of its experts. They...