The Y Combinator-backed startup Breathe Well-Being has raised $5.5 million in its Series A round, led by Accel, according to ETtech report. General Catalyst, 3one4 Capital and Scott Shleifer, the global managing director of New York-based investment firm Tiger Global also participated in the round. “We will use the capital to deepen our tech expertise…
Onsurity, a healthtech company providing monthly, comprehensive employee healthcare to SMEs, MSMEs, startups and growing businesses, has announced that it has secured $16 million in the Series A funding round. Quona Capital and existing investor Nexus Venture Partners led the funding round. The founder and CEO of Clover Healthcare – Vivek Garipalli also participated in…
Meddo, a health-technology startup that focusses on providing out-patient department (OPD) clinics with digital solutions, has extended its pre-Series A round with a $3 million capital infusion. The current funding is led by SRI Capital and Picus Capital. Post this round, the company raised a total of $6 million in this round. In September 2019,…
Prescribe, a healthtech startup that provides IT solutions to doctors, clinics & hospitals by leveraging user friendly platforms, has raised Rs 1 crore in seed funding round led by Titan Capital, along with AngelList syndicate and Curofy founders. The startup will use the current financing to fuel expansion, grow its sales team, engage in strategic…
Wellcure, a Gurugram-based healthtech startup, announced that it has raised $200,000 from Inflection Point Ventures (IPV). The startup provides a platform where people can share & empower each other’s health journey. Founded by Sumeet Kapur, Ankur Bhatia and Aanchal Kapur, Wellcure caters to all health and wellness needs — physical and mental — with an…
Health insurtech company Sidecar Health has raised $20 million in its most recent funding round. The company intends to save the U.S.A $1tn in healthcare costs annually by empowering consumers to shop around for health services using its Visa payment card and mobile app. The round was led by Cathay Innovation and joined by new…
Ripsey, a health food delivery startup based out of Mumbai, announced that it has raised Rs 1 crore from a US based investor in its ongoing pre-Series round of Rs 2 crore through ah! Ventures angel platform. Recently, the startup had raised Rs 1 crore in an undisclosed seed round. The startup will utilise the…
Digital health company Carrot Inc. recently announced that AllegisNL Capital invested in its latest round of financing to accelerate commercialization of its Pivot tobacco cessation program. AllegisNL is backed by one of the largest life insurance companies globally. Carrot is AllegisNL’s first investment from its newest fund, focused on globally disruptive companies driving innovation in…
Health insurance company Oscar announced that it has closed a $225mn funding round. The round positions Oscar to continue growth off of a $2 billion revenue base and puts the company on a path to further advance its mission. The latest fundraising round saw participation from many existing investors, including Alphabet, General Catalyst, Khosla Ventures,…
Neobiotech company, Cyclica recently announced that it has raised CAD$23mn in Series B funding round. The funding round was led by Drive Capital with participation from Chiesi Farmaceutici, GreenSky Capital, and members of Cyclica’s management team. With the new funding, the company will support continued innovation around Cyclica’s integrated proteome-wide drug discovery platform, and will…
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…
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…
Indian drugmaker Cipla recently announced that it will acquire a 21.85% stake in health-tech startup GoApptiv in an all cash deal. This is reportedly Cipla’s second bet on any digital healthcare startup since last year. In a stock-exchange filing, the company said it will acquire a 21.85% stake in GoApptiv for a cash consideration of…
Bengaluru-based health-tech startup HealthPlix recently said that it has raised $6mn in Series B funding round. The funding round was led by a new investor in the company, JSW Ventures. JSW Ventures is the venture capital arm of Jindal family-backed JSW Group. The funding round also saw participation from existing investors like Chiratae Ventures and…
DeepTek Medical Imaging Pvt. Ltd, a Pune-based healthtech startup that operates an artificial intelligence-enabled radiology platform, announced it has raised funding from a clutch of investors, including GHV Accelerator. Other investors that participated in the funding round include Japanese medical imaging solution provider Nobori Ltd and information technology services firm NTT Data. Pune-based Pentathlon Ventures…