Prashanth Prakash

Bengaluru-based healthtech startup 4baseCare has successfully closed a $6 million Series A funding round, led by Yali Capital with contributions from various undisclosed investors. This new capital infusion will accelerate the company’s efforts in advancing genomics and digital health technologies and facilitate its entry into the Asian and Middle Eastern markets. The funds will be used to enhance product offerings and establish genomics laboratories in the Philippines, Nepal, and Dubai. These new labs will strengthen 4baseCare’s capabilities in delivering precision oncology solutions tailored to regional needs. Founded in 2018 by Hitesh Goswami and Kshitij Rishi, 4baseCare specializes in precision oncology, using cutting-edge genomics and digital health technology to personalize cancer treatments. The company previously raised $2 million in Pre-Series A funding to boost genomic testing in oncology. This latest funding round highlights the increasing investor interest in healthtech solutions for cancer care. Recently, biotech firm Immuneel Therapeutics raised $12 million from Taiba Middle East FZ LLC, while Icanheal secured INR 15 crore to provide tailored healthcare financing for cancer patients. According to the National Centre for Disease Informatics and Research (NCDIR), cancer incidence in India is alarmingly high, with one in nine individuals expected to be diagnosed in their lifetime. In 2022, there were 1,461,427 new cancer cases reported, translating to an incidence rate of 100.4 per 100,000 people. #4baseCare #HealthTech #BengaluruStartup #SeriesAFunding #FundingAlert #FundraiserAlert #YaliCapital #VentureCapital #Investors #Genomics #PrecisionOncology #CancerCare #DigitalHealth #GlobalExpansion #HealthCare #HealthcareEcosystem #Biotech #HealthInnovation #OncologySolutions #MedicalTechnology #CancerResearch #HealthTechStartups #AllBoutCorps

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In our latest #UnHerd episode, Bindu Ananth, Founder, Dvara Health Finance, talks to Anam Sherwani (Manager, ACT For Health) about how a shift in approach allowed her team to successfully improve healthcare outcomes for Bharat. The shift from a health savings account to a subscription model provided tangible benefits like doorstep health worker visits, vital checks, and affordable generic medicines. It transformed healthcare from a financial concept into a real, accessible service that resonated deeply with customers and improved their vitals on an everyday basis. 🎧 Episode out now. Tune in for more insights! 🎙️ Spotify: https://lnkd.in/gGHFmEbU  📹 YouTube: https://lnkd.in/gSEDAGTG 📜 Click here to read the transcript: https://lnkd.in/gB_aVfaj #CoFoundersOfSocialChange

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2024 has been a transformative year for India's health-tech sector, with tech innovations like telemedicine, AI-powered solutions, remote diagnostics, and wearable health monitors helping bridge the urban-rural healthcare gap. As Priyadarshi Mohapatra, Founder and CEO, CureBay shared, these advancements have extended care to underserved areas, highlighting technology's potential in addressing healthcare accessibility. However, challenges such as infrastructure gaps, digital literacy, and data security concerns remain. Investment in health-tech continues to grow, signaling confidence in the sector’s ability to scale and make an impact. Despite this, aligning innovations with broader healthcare systems, through public-private partnerships and regulatory clarity, will be essential for sustaining progress. At CureBay we are looking ahead, the focus should be on scaling innovations equitably and building the infrastructure needed to transform Indian healthcare for the future. Read the articles featuring CureBay in IndiaMedToday and BW HEALTHCARE WORLD:  https://lnkd.in/g2hfhCfv https://lnkd.in/gib7Hpkf #AIinHealthcare #HealthcareInnovation #Indiamedtoday #HealthcareforAll #CureBay #RuralHealth #AccessibleCare #DigitalHealthcare

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🚀 Even Healthcare Secures $30M in Series A Funding to Revolutionize Patient Care in India 🏥 Exciting news from Bengaluru! Even Healthcare has raised $30 million in a Series A round led by Khosla Ventures, with support from Founders Fund, 8VC, and Lachy Groom. This funding brings their total to $50 million, fueling plans to expand patient care services and open new hospitals. 🌍 What This Means for Healthcare in India: 1. New Secondary-Care Hospitals 🏥 Even will launch three new hospitals in Bengaluru, introducing their integrated "payvider" model—a seamless fusion of payment and provider services to enhance patient experience. 2. Elevated Patient Care 👩‍⚕️ Focused on proactive care management, Even is working to reduce risks, improve patient outcomes, and provide a more personalized healthcare experience. 3. Affordable Membership Plans 💰 With an annual membership at ₹4,800, Even offers unlimited consultations, diagnostic tests, and cashless hospitalizations—transforming healthcare affordability in India. 🔍 Even Healthcare by the Numbers: 50% workforce growth—now at 300 employees Hundreds of thousands of members served $28M revenue generated in just 18 months 95% customer retention rate, highlighting their commitment to quality care Matilde Giglio, Even’s co-founder, shared: “Our commitment to high-quality care has driven impressive growth and a unique member experience, focusing on outcomes over fees.” With this new funding, Even Healthcare is on a path to reshape healthcare delivery across India, bringing high-quality, accessible care to more families. ♻️ Join us in sharing this update to celebrate the future of healthcare in India! #RankRizers #HealthcareRevolution #EvenHealthcare #Bengaluru #PatientCare #SeriesAFunding #KhoslaVentures #AffordableHealthcare #HealthTech #InnovativeCare #IndiaHealthcare #PayviderModel #ProactiveCare #MatildeGiglio #FutureOfHealthcare #HealthForAll #InvestInHealth #StartupSuccess #HealthcareInnovation #JoinTheMovement

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The story behind the startup Jivi AI : Jivi.ai is making healthcare accessible using AI. The company was founded in 2023 and is headquartered in Gurgaon. The company was founded by Ankur Jain Jain, the former Chief Product Officer of BharatPe Together with Sanjay G V Reddy Chairman of Reddy Ventures. Sanjay has his background in AI and Machine Learning. Within a few months, the startup introduced its initial model Jivi Medx, Beating OpenAI and Google on the LLM Leaderboard. Jivi.ai was started to develop an AI medical companion accessible to the entire global population, free of charge. Jivi.ai’s AI medical companion is designed to be more than just a chatbot. Sources have confirmed that Jivi.ai is all set for its public debut later this month. Its founding team is comprised of professionals and research scholars from renowned institutions such as Stanford, MIT, Harvard, and Yale. Jivi.ai plans to offer its product to general consumers for free while developing a B2B segment. Hospitals, pharmaceutical companies, and insurance providers can integrate their product into service as SAAS offering. Jivi AI is all set to disrupt the healthcare industry! #jivi #startup #startupstory #healthcare #generativeai #llm #medical #gurgaonstartup #artificialintelligence

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🎙 Our latest podcast episode features Ankur Khaitan , Principal at Fireside Ventures, a leading venture capital firm in India. Tune in to gain insights into early-stage consumer brands and startups, as Ankur shares his expertise in investing. Discover Fireside Ventures' criteria for evaluating women's health startups and the growing interest of investors in this space. We also delve into the role of AI and data analytics in shaping the future of women's health, with a focus on opportunities in Tier 2 and Tier 3 cities. This episode is a must-listen for anyone interested in understanding women's health market in India. 🧡 Listen on Spotify - https://lnkd.in/g-MYnF7Z 🧡 Apple Podcast - https://lnkd.in/g5MBTu4v #Investing #AI #DataAnalytics #femtech #womenshealth #india https://lnkd.in/gck_NiEa

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Rebalance is India's first angel community that's 51% women with 27 investments across fintech, biotech, consumer, drones, Gen AI, deeptech healthcare, climate, energy, edtech and more. 🔥 Aishwarya is hosting a limited-seating, candid chat for women who invest in startups (would like to invest with Rebalance) and for women who want to learn about startup investing. No question is too trivial or small, this is a safe space to ask anything about startup investing! When: 26 May 2024 [Sunday] Where: Somewhere in Delhi ☕ Timings: 4:30 pm - 6:30 pm 2 days to go!! RSVP here: https://shorturl.at/EoYLN If you're already an investor or not based in Delhi/Gurgaon - you can directly sign up here to be part of the investing community: https://lnkd.in/g7taCdkc

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🚀 Exciting times for #Mumbai's healthcare technology sector! Strategic investments from visionaries like Lightbox, Kunal Shah, HealthQuad, Omidyar Network India, and Chiratae Ventures are fueling innovation and transforming the city's startup #ecosystem.💡 From cutting-edge surgical #robotics to revolutionary mental health solutions, Mumbai emerges as a hub of healthcare innovation. 💉 Lightbox Ventures, born in Mumbai in 2014, supports differentiated businesses like Zeno Health, formerly known as Generico, led by Indian Institute of Technology, Bombay alumni Siddharth Gadia and Girish Agarwal. This indigenous surgical robotic system is the first of its kind in India, showcasing Mumbai's prowess in medical #technology. 🤖 Kunal Shah, the founder of CRED, has emerged as a prominent figure in Mumbai's healthcare technology investment landscape, backing startups like NeoDocs (YC S21) and Segwise.ai. His #investments provide not only capital but also strategic guidance and industry insights, empowering #startups to navigate challenges and seize growth opportunities. 💰 HealthQuad, a Mumbai-based venture capital firm founded in 2016, focuses on early-stage investments in companies leveraging technology to revolutionize #healthcare delivery. With a hands-on investment approach, HealthQuad provides capital, strategic guidance, and operational support to startups like HealthifyMe App and ekincare, fostering an ecosystem conducive to #innovation and growth. 🌱 Omidyar Network India, dedicated to empowering #entrepreneurs addressing India's pressing challenges, recently led a seed investment in NeoDocs (YC S21), a healthtech startup democratizing healthcare through innovative at-home test kits. This investment will support NeoDocs (YC S21)' expansion into #international markets and the development of instant blood tests. 💉 Chiratae Ventures, a prominent India-focused technology venture capital fund, recently supported ClaimBuddy, a health insurance claim assistance platform. ClaimBuddy closed its Series A funding round with a substantial investment, enabling it to enhance its technology and expand its network in the healthcare financing space. 💳 This wave of strategic investments reflects Mumbai's commitment to bridging the gap between accessibility and quality in healthcare. Together, let's build a healthier, more technologically advanced #future! 🏥 🔗Read More - https://lnkd.in/d8VK_JkF 🖊️Writes - Aishwarya D Sarthe   #HealthcareInnovation #MumbaiStartups #VentureCapital #HealthTech #InnovationHub #Entrepreneurship #TransformingHealthcare #Investment #FutureReady

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Exciting news for the future of critical care in India! Cloudphysician, a leading healthtech startup founded by Dileep Raman and Dhruv Joshi, has raised $10.5 million in a Series A funding round led by Peak XV Partners. This investment is a major boost for its mission to leverage AI for a comprehensive critical care network, aiming to significantly improve patient outcomes across India. Here's a breakdown of what this means for the healthcare landscape: 1. AI for Streamlined ICU Operations: Cloudphysician's "Smart-ICU" offering exemplifies the transforming power of AI within the healthcare landscape. This technology empowers hospitals to optimize ICU workflows, potentially leading to widespread improvements across ICUs. The promise lies in benefits like 24/7 doctor availability, enhanced nursing care quality, and standardized care protocols, all aiming to improve patient outcomes on a broader scale. 2. Expansion and Growth: The fresh capital will be used to fuel Cloudphysician's growth trajectory. They plan to enhance their AI platform (RADAR), strengthen their tech stack, and expand their footprint across India, with a focus on entering the US market as well. 3. A Promising Future for Healthcare: Cloudphysician's success story is an inspiration for aspiring healthcare entrepreneurs. Their innovative approach using AI exemplifies the transformative potential of technology to improve critical care delivery. This approach has the potential to make critical care more accessible and effective for a wider range of patients, shaping a brighter future for critical care across the landscape. This investment highlights the growing potential of the Indian healthtech sector, projected to reach a market value of $10.6 billion by 2025. Congratulations to Cloudphysician on this achievement! We're excited to see how they continue to revolutionize critical care in India and beyond. #healthcare #AI #criticalcare #healthtech #india #startup #innovation

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Newmi Care Bags Funding From Sprout Venture Partners, Others Newmi Care Raises $1.5 Mn: Women-focused wellness startup Newmi Care secured $1.5 Mn in seed funding, led by Sprout Venture Partners, with participation from LetsVenture, Sarcha Advisors, and other investors. Capital Utilization: The funds will be used to build women’s clinics in northern and western India, enhance technology and product innovation, and expand the team. Founders and Offerings: Founded in 2022 by Sanchit Agarwal and Aditi Mittal, Newmi Care provides medical care for women and offers wellness products like PCOS tea, supplements, menstrual cups, and maternity clothing. Services Across India: Newmi Care has served over 60,000 women in more than 400 cities, addressing health concerns such as menstrual, sexual, hormonal health, fertility, menopause, and women’s cancers. Mission and Vision: The startup aims to simplify outpatient care for women in India, with the goal of scaling solutions for women’s health nationwide. Read More: https://lnkd.in/g9x7PY2d

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👋Calling Healthcare founders - this Friday, we are hosting a Healthcare Roundtable with a fantastic line up of speakers: (1) Rohit M A- Managing Partner @ Peer Capital & Director/Co-Founder of Cloudnine Group of Hospitals (2) Mayank Banerjee – Co-Founder of Even Healthcare (3) Tarun Bhambra – Co-Founder of Orange Heath Labs (4) Dilip Kumar – Investor at Rainmatter Health Some of the topics which we keenly look forward to cover: (1) Value based healthcare - how do we get to this state in India? (2) How to align payer <> provider incentives in healthcare? (3) National Digital Health Mission - what should founders know about this? (4) Going offline - what does it take to set up your own facilities? how do you finance the CAPEX? (5) Building trust with customers - how? (tactical tips welcome!) Logistics: 📅Date: 7th June (i.e. this Friday) 📍Location: DeVC Bangalore (exact loc below) ⏰ Time: 7PM onwards Note: This is an invite only event. Please register via the link below ⤵️and if approved you shall receive a confirmation mail. #startups #india

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Sova Health, a pioneering startup in gut health, has secured $1 million in a seed funding round. This round was co-led by global early-stage venture capital firms Antler, Accelerating Asia Ventures (Singapore), Practical VC (USA), and VC Grid & Venture Catalysts (India). Additional investors include Quadrant Consumer Products and Midas Capital (Baheti Family Office), along with several prominent angel investors who remain undisclosed. The newly acquired funds will be allocated to product development, enhancing Sova Health's range of gut health solutions. The startup also plans to grow its team and expand its geographical market presence. Part of the investment will be directed towards launching a clinical trial for Sova Health’s Digital Therapeutics (DTx) program, reinforcing the company’s dedication to scientific research and product effectiveness. Founded by Tanveer Singh and Max Kushnir, Sova Health addresses various gut health issues such as irritable bowel syndrome (IBS), acidity, constipation, and bloating. Sova Health offers direct-to-consumer gut microbiome tests and a proprietary line of probiotic supplements. Additionally, they provide customized gut health programs tailored for individuals with gastrointestinal conditions like IBS, IBD, GERD, Crohn’s Disease, and chronic acidity. Their comprehensive approach integrates gut biome diagnostics, probiotics, and nutritional therapy to alleviate symptoms and promote remission. Prior to this seed round, Sova Health received pre-seed funding from notable investors including Goodwater Capital, Brinc, IIMA Ventures, and Stanford Angels & Entrepreneurs. #SovaHealth #GutHealth #HealthTech #SeedFunding #FundingAlert #Funding #FundraiserAlert #VentureCapital #Probiotics #Microbiome #DigitalTherapeutics #IBS #IBD #GERD #CrohnsDisease #Constipation #Acidity #NutritionalTherapy #ProductDevelopment #HealthInnovation #ClinicalTrials #Investment #HealthStartups #AngelInvestors #AllBoutCorps

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"Health is an investment, not an expense." — Anonymous Just a few days ago, our teams at DeVC and PeerCapital brought together an incredible group of entrepreneurs and enablers to explore the real investments and expenses in healthcare. On stage, we had the dynamic trio of Mayank Banerjee , Dilip Kumar and Tarun Bhambra, who combined their wit and wisdom to delve into: - The consumerization of healthcare, preventive vs. curative approaches, accessibility and affordability challenges, offline vs. online dynamics, and how founders can bridge skill gaps. - The evolving role of AI and tech in healthcare, and how founders are strategically allocating resources to build cutting-edge solutions. - Collaborating with doctors, aligning incentives across systems and how ambitious change starts with robust foundational systems (think CAC's and LTV's). The conversations were raw, experiential, and refreshingly honest. If it weren’t for the ticking clock and the rainy day, we might still be chatting! It was inspiring to engage with so many passionate builders committed to reshaping India's #healthcare future. Let’s keep the dialogue alive. We invite more of your participation and views. Together, we are investing in the future of health. #healthtech #investing #founders

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Investment Insights: Opportunities in the Women’s Health Startup Ecosystem A candid and insightful conversation between Sandeep Singhal Senior Advisor, Avaana Capital, Healthcare Lead, ACT Grants and Swathi Kulkarni Some of the takeaways for everyone in #womenshealth There needs to be demand for the solution. The bottom line learning is that women in India don’t want to pay for their own health — that’s the lowest priority for them. The customer acquisition cost is very high. This deters VCs to invest into companies around women’s health as there are no buyers for the solution. Highlights from the 3rd edition of Global Women's Health Innovation Conference and Awards In IIT Bombay on 11 December with Koita Centre for Digital Health - KCDH (IIT Bombay)

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In a conversation with Sonali Patranabish of IndiaMedToday, Dr Pankaj Jethwani, MD MBA, CEO, 2070 Health, shares insights on how venture studios like 2070 Health are driving growth and innovation in the startup ecosystem, contributing to a better future for millions in the country. "The dynamics within India’s healthcare startup sector have seen a significant transformation, especially during and after the COVID-19 pandemic. Supported by bullish markets, 2020 and 2021 witnessed a surge in the number of healthcare startups. As a result, some startups achieved unicorn status. Post 2022, this changed, and the private markets have reverted to pre-pandemic levels. The shift has affected most sectors, not only healthcare. The number of new unicorns across all sectors in India was down from 44 in 2021 and 21 in 2022 to just two in 2023. This decrease in funding suggests a cooling period — a much-needed market correction or a phase of strategic recalibration encouraging founders to build more financially sustainable businesses," he noted. Read more: https://lnkd.in/gfYE5wmb #HealthcareInnovation #StartupEcosystem  #MedTech #IVCA #MaximumIndia

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Edtech platform Kreedo Early Childhood Solutions has secured Rs 10 crore in debt funding from Recur Club, a prominent debt marketplace for startups and SMEs. The proceeds will be deployed towards fuelling its growth and expansion plans, enhancing product offerings and scaling operations across India. Kreedo provides a non-franchise solution for preschools and schools in India. Its curriculum is designed to help children develop literacy, numeracy, and other skills through play-based activities. The curriculum combines indoor and outdoor games and toys to help children learn to explore and develop skills. According to the Bengaluru-based company, it focuses on improving education in over 350,000 affordable private schools across India, which cater to low-income families and charge less than Rs 30,000 annually. Founder: Mridula Shridhar and Manikandan Krishnan Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #edtech #startup #funding

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During the 'THE WEEK Health Summit 2024, ' ARINDAM SEN, CEO & Director of Heartnet highlighted his startup journey and vision for a healthier India in a panel discussion on 'Made in India, Made for the World'. - He emphasized that the healthcare industry needs to speed up and requires huge financial support to solve the problems.  - A few traditional regulations apply to different types of trials; drugs and devices should be classified separately. - The panelists concluded that financial backing and resources can be a springboard, helping them address real-world challenges and bring innovative solutions. https://lnkd.in/gNK9bKup #PanelDiscussion #HealthSummit #Healthtech #IndianHealthcare #InnovationsinHealthcare

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