Neodocs, an IIT Bombay alumni founded, Artificial Intelligence-based Health Tech Platform, has raised funds from VC 9Unicorns along with two angel investors.
Founded by Nikunj Malpani, Anurag Meena and Pratik Lodha, the Mumbai-based startup enables self-diagnosis through its AI-based technology as it aims to disrupt the healthcare sector.
Apoorv Ranjan Sharma, cofounder and managing director of 9Unicorns, said – “The pandemic has propelled the adoption of AI in healthcare across multiple applications. The major factor being the increased volume of data that is demanding pharmaceutical and biotechnology companies to look for improvised healthcare services. NeoDocs is at the centre of this disruption and is well-suited to catapult to success in this thriving industry.”
Nikunj Malpani, CEO, NeoDocs, said – “Seeing my parents develop co-morbidities, in spite of doing annual health check-ups and leading a seemingly ‘healthy’ lifestyle, has been my main motivator. There are more than 550 million Indians who are either pre-chronic or chronic. By building a vernacular product, we help people understand future health risks and avoid them with evidence-backed personalised recommendations, backed by a team of top medical experts.”
Neodocs is a part of India’s Social Impact Accelerator program, AISEA. The program is promoted by DsT through the NIDHI Accelerator program and is jointly setup by i-TIC Foundation, IIT Hyderabad and Action for India.
-AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.