Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 26 2018

Healthcare startup Docturnal raises funds from Mumbai Angels Network

11 investors from Mumbai Angels Network have invested in Hyderabad-based startup.

The healthcare startup Docturnal, focused on non-invasive tuberculosis screening solutions, has raised an undisclosed amount of funds from Mumbai Angels Network. 

11 investors from Mumbai Angels Network have invested in the Hyderabad-based startup. These investors include Akshay Mittal, Founder of basmati rice maker Sagar Basmati Rice; angel investor Abhijeet Birewar; and Shantanu Agarwal, Executive Director at automotive furnishing fabric manufacturer BMD Pvt. Ltd, among others.

Founded in 2016 by Rahul Pathri, Balakrishna Bagadi, Arpita Singh and Vaishnavi Reddy, Docturnal screens and detects tuberculosis using their flagship product TimBre. 

The funds raised will be used to deploy the product for clinical trials across several hospitals in India. It will also help in building team and technology.

Nandini Mansinghka, Chief Executive of Mumbai Angels Network, has said that the network will look to invest more in the medtech and healthtech startups to support innovation in the sector.

"We see increased interest from the next level investors, both VC Funds and the strategic players in companies innovating in the medical and healthcare space using technology," she further added.

Comment
Related opportunities
  • About Us: C.H.I.L.D an initiative of Mrs. Kavitha Chandra Mouli hasa..
    Locations looking for expansion Tamil nadu
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • About Us: Join hands with Iris Florets - the happy play..
    Locations looking for expansion Telangana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • About Us:  MBTA (Mahesh Bhupathi Tennis Academy) was founded in 2006,..
    Locations looking for expansion Karnataka
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Booking & Accomodation
    About Us: Launched in 2013, OYO is India’s largest hospitality company...
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities