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Aug, 01 2018

Health-tech startup MyHealthcare raises $2 mn Series A fund

The round was also participated by angel investor Ajay Nanavati, non-executive chairman at state-run Syndicate Bank and a former managing director at 3M India.

In a round led by investment firm Hunch Ventures, digital integrated healthcare technology platform MyHealthcare, which is operated by Gurugram-based InnoCirc Ventures Pvt. Ltd, has raised $2 million (Rs 13.7 crore) Series A fund.

The round was also participated by angel investor Ajay Nanavati, non-executive chairman at state-run Syndicate Bank and a former managing director at 3M India.

Shyatto Raha, founder and director of InnoCirc Ventures, said the company will use the funds to scale the platform and expand its operations to Indonesia and Malaysia.

MyHealthcare offers services such as electronic medical records (EMR), health trackers, emergency services, video consult and health monitoring. It acts as a technology partner for the hospital network across all its patient-facing services. It counts hospitals under Fortis Healthcare Ltd among its clients.

The company has expanded its services across India and is now starting its operation in Malaysia, Indonesia and Myanmar units.

“Our platform works with hospitals in enhancing their care solutions by transitioning the care process from paper to digital form. In the next phase we are working towards the use of artificial intelligence and machine learning for predictive analysis, to aid care givers in the diagnosis process,” said Raha.

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