The neonatal solutions provider is also eyeing to further expand in India, Indonesia, Japan, South Korea, the Gulf Cooperation Council and the ASEAN region.
Singapore-based Child Health Imprints (CHIL), which is engaged in neonatal-clinical care, has secured $2.4 million in a pre-Series A funding round, led by HealthXCapital, a healthcare-focussed investor. The round has also seen participation from Enterprise SG and other High Net-worth Individuals (HNIs).
The neonatal solutions provider will use the fresh capital to expand its integrated Neonatal Intensive Care Unit (NICU) care services in the Asia-Pacific region.
Harpreet Singh, Chief Executive Officer of CHIL, said, “The firm was aiming to improve neonatal safety rates across countries where it operates. The company will also develop inroads into more advanced neonatal ecosystems to bring their best clinical practices to other markets across the world.”
Currently, the startup is running 25 NICUs across hospitals in India including Apollo Hospitals in four cities, New Delhi’s Sir Gangaram Hospital. CHIL is also eyeing to further expand in India, Indonesia, Japan, South Korea, the Gulf Cooperation Council and the ASEAN region.