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News on Medial
Alyve Health Bags 45 Cr From Axilor Ventures, Others To Expand Healthcare Offerings
Inc42
·
1y ago
Medial
Alyve Health has secured 45 crore rupees ($5.5 million) in a Series A funding round led by Axilor Ventures. Other participants in the round include 1Crowd Fund, Inhealth Ventures, and Trifecta Capital. The funds raised will be utilized for various purposes such as platform improvement, talent acquisition, operational expansion, service amplification, and member engagement. Alyve Health, founded in 2020, provides extensive health plans to more than 1 million customers, offering consultations, diagnostics, medicines, dental, and fitness services.
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Health tech startup Alyve Health raises $5.5 million funding from Axilor Ventures, others
Economic Times
·
1y ago
Medial
Indian health tech startup Alyve Health has raised $5.5 million in a funding round led by Axilor Ventures. The company plans to use the funds to improve its platform, expand its team, and grow its operations. Alyve Health offers comprehensive health plans that incorporate services like doctor consultations, diagnostics, medicine purchases, insurance, dental procedures, and gym memberships. It aims to provide personalized healthcare options to individuals and employers by integrating with insurers, brokers, financial institutions, clinics, diagnostic centers, and fitness studios. The startup currently has more than 1.1 million users and intends to hire 30 to 50 employees in the coming year.
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Axilor bets on healthtech platform Alvye; four others raise early-stage funds
VCCircle
·
1y ago
Medial
Indian healthtech startup Alyve Health has raised $5.5 million in a Series A funding round led by Axilor Ventures. The funds will be used for platform development, talent acquisition, and expansion of operations. Alyve Health offers health plans that cover a range of healthcare services, including doctor consultations, diagnostics, medicine purchases, dental procedures, gym memberships, and well-being. In addition to Alyve Health, generative AI startup Ayna raised $1.5 million in seed funding, consumer brand Rockit secured $719,299 in pre-seed funding, drinking water brand Wahter raised $599,359 in pre-seed funding, and proptech startup Landeed raised an undisclosed amount in a strategic funding round. Fintech startup LEO1 also announced an undisclosed funding amount from Indian cricketer Rohit Sharma.
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Axilor Ventures leads $4 Mn round in AdvantageClub.ai
Entrackr
·
8m ago
Medial
Employee engagement platform AdvantageClub.ai has raised $4 million in its latest funding round led by Axilor Ventures, bringing the company's total funding to $11 million. The round also witnessed participation from AFG Ventures. AdvantageClub is an AI-powered employee engagement, rewards, and wellness platform with offerings like rewards & recognition, wellness solutions including OPD plans, annual health checkups, wellness challenges, sales incentive automation, flexible benefits, surveys, moments that matter, and communities on a single platform.
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Iom Bioworks Bags INR 4 Cr in Seed Round to Disrupt Gut Health Science
StartupTalky
·
1m ago
Medial
Iom Bioworks, a Bengaluru-based startup, secured INR 4 crore in seed funding led by Inflection Point Ventures. Dedicated to advancing healthcare through gut microbiome science, the company uses AI and advanced modeling to offer personalized health solutions. The funds will boost marketing, IP rights, infrastructure, and team growth. Founded in 2022, Iom Bioworks has reached 500 users, secured patents, and aims to transform healthcare with its focus on microbiome-driven health and well-being.
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Regency Health Bags Rs 450 Crore In Investment from Norwest Venture Partners
OutlookIndia
·
1y ago
Medial
Regency Health, a chain of hospitals in Uttar Pradesh, has secured a Rs 450 crore investment from Norwest Venture Partners. The funding aims to expand Regency Health's bed capacity from 700 to 2300 by 2027. The company plans to open new facilities in Gorakhpur, Kanpur, Varanasi, and Lucknow. Existing investors IFC, HealthQuad, and Koi Ventures will exit the company as part of this round. Regency Health aims to transform healthcare in Uttar Pradesh and serve the people of the state.
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Beyond Snack bags $8.3 mn; Dr. Doodley, Revivo get pre-seed cheques
VCCircle
·
7m ago
Medial
Beyond Snack, a banana chips maker, raised $8.3 million in Series A funding led by 12 Flags Group and others, aiming to expand globally and innovate products. Pet healthcare startup Dr. Doodley secured pre-seed funding to expand its veterinary services, while laundry service Revivo received pre-seed investment from Inflection Point Ventures to enhance technology and branding. Beyond Snack operates in 12 countries and seeks further growth, and Dr. Doodley serves 2,000 customers recently.
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Cardiotrack Bags Pre-Series A Funding To Expand Offerings To Health, Life Insurance Providers
Inc42
·
1y ago
Medial
Indian AI-backed healthcare screening provider, Cardiotrack, has raised $2 million in a pre-Series A funding round. The investment was led by Girish Narasimhan, Managing Director of Corporate Finance Associates Worldwide and Principal of Dubai Holdings LLC. Cardiotrack offers healthcare screening technology and services to health and life insurance providers and plans to use the funding to expand its offerings to more providers. The company previously raised $1.6 million in angel investment.
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Visit Health Bags Over INR 250 Cr To Boost Its Healthcare Play
Inc42
·
1y ago
Medial
Healthtech company, Visit Health, has raised over INR 250 Cr ($29.8 Mn) through capital infusion and secondary stake purchase by PB Fintech's subsidiary, Docprime Technologies. The funds will be utilized to expand the business and form a partnership with TatvaCare to enhance their presence in the healthcare industry.
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Ai Health Highway bags $1 Mn led by Turbostart
Entrackr
·
10m ago
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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QubeHealth Bags Funding To Offer Healthcare Credit Line To Employees
Startup News FYI
·
1y ago
Medial
Mumbai-based fintech startup, QubeHealth, has raised an undisclosed amount of funding in its pre-Series-A round from investors including Inflection Point Ventures and Green Ivy Ventures. The startup offers a payments system and healthcare credit line to employees with a group health insurance policy provided by their employers. The funding will provide QubeHealth a runway of up to two years and help it prepare for the upcoming Series-A round. The startup aims to increase its disbursed medical credit from INR 1,000 Cr to INR 3,000 Cr within the next three years.
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