Tata Digital Limited, a 100% subsidiary of Tata Sons Private Limited, will acquire a majority stake in digital health company 1MG Technologies Private Ltd. Incorporated in 2015, 1MG operates three state-of-the-art diagnostics labs, has a supply chain covering over 20,000 pin codes across the country, and through its subsidiaries is also engaged in the business…
Tag: healthcare startup
Microsoft collaborates with Social Alpha to boost growth of healthtech startups
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•In its efforts to support the startup ecosystem in the country, Microsoft has launched a program for healthtech startups. The program is designed to help startups scale with advanced technology and joint go-to-market support. The tech firm is also collaborating with startup incubator Social Alpha to accelerate the growth of participating startups. A statement made…
Bengaluru-based startup Acculi Labs raises Rs5 cr in seed funding round
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•Acculi Labs, a clinical grade smartphone based diagnostic tool has announced that it has raised Rs 5 crore in a seed funding round from PirE Ventures, an investment firm based out of Mumbai, according to YourStory report. Started in 2017 by Rupam Das, Acculi Labs aims to make home-based care available to the last person…
Healthcare startup DispatchHealth raises $136mn in Series C funding round
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•Mobile and virtual healthcare provider DispatchHealth recently announced the closing of $135.8mn growth capital financing. The Series C funding round was led by Optum Ventures, the venture capital arm of Optum healthcare. The funding round also saw participation from existing investors Alta Partners, Questa Capital, Echo Health Ventures, new investors Oak HC/FT, Humana Inc. and…
Healthcare startup Kaia Health raises $26mn in Series B funding
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•Digital therapeutics startup Kaia Health recently announced that it has raised $26mn in Series B funding round, bringing its total funds raised to date to $50mn. The funding round was led by Optum Ventures, Idinvest and capital300 with participation from existing investors Balderton Capital and Heartcore Capital, as well as Symphony Ventures. The company will…