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Ai Health Highway bags $1 Mn led by Turbostart

EntrackrEntrackr · 9m ago
Ai Health Highway bags $1 Mn led by Turbostart
Medial

Health-tech startup Ai Health Highway has raised $1 million in a pre-Series A funding round led by Turbostart. This investment is part of a larger $1.5 million funding round, which includes co-investments from notable investors such as Rainmatter by Zerodha, The Chennai Angels, BITS BioCyTiH Foundation, and other angel investors. The proceeds will be used to solidify its presence in India, accelerate international regulatory approvals, and broaden its AI/ML offerings in the cardio-respiratory domain, Ai Health Highway stated in a press release. Founded in 2018 by Satish Jeevannavar, Ai Health Highway focuses on providing tech-enabled screening tools that aid in the early detection of non-communicable diseases (NCDs) and improve healthcare accessibility through its AI-enabled stethoscope, AiSteth. The company aims to reduce global premature deaths from NCDs by 30% by 2030. According to Ai Health Highway, AiSteth empowers cardiac care by assisting healthcare professionals and non-specialists in interpreting heart sounds to support accurate clinical decisions. It utilizes advanced AI and signal processing to transform traditional stethoscopes into powerful screening tools capable of detecting life-threatening cardiac disorders at an early stage. The AI-enabled stethoscope seamlessly integrates into existing workflows, equipping primary care providers with high-quality heart sound capture, analysis, and data-sharing capabilities, thereby enhancing the accessibility and affordability of healthcare solutions.

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Turbostart leads $2.5 Mn round in Lighthouse PropTech

EntrackrEntrackr · 4m ago
Turbostart leads $2.5 Mn round in Lighthouse PropTech
Medial

Snippets Turbostart leads $2.5 Mn round in Lighthouse PropTech Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round. Turbostart led the round with $1 million, along with participation from the Dabur Family Office and several other HNI family offices, valuing the company at $13.5 million. The fresh funds will be utilized for expansion as it builds a technology-driven platform for luxury real estate transactions in India, Lighthouse stated in a press release. Launched by Sumesh Mishra, Lighthouse PropTech aims to empower its clients with innovative solutions to efficiently manage their luxury real estate portfolios. The company’s offerings include Luxury Listings—an exclusive platform showcasing premier, handpicked properties—and Luxury Exclusives, which provides tailored experiences and bespoke property opportunities. According to Lighthouse PropTech, it is developing a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience. Market research indicates that India's luxury real estate market is experiencing unprecedented growth, with the segment expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%. Founded in 2019, Turbostart is a global early-stage venture capital firm and accelerator. With a global presence spanning India, the Middle East, the US, and Singapore, Turbostart has launched five funds over five years, supporting over 50 diverse startups across various sectors and stages.

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