Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 10 2018

Venture Catalysts injects fresh funds into med-tech startup iNICU

iNICU plans to use the fresh capital to foray into the international healthcare market.

Venture Catalysts injects fresh funds into med-tech startup iNICU

Medical-technology startup iNICU (Integrated Neonatal Intensive Care Unit), which specialises in providing care for newborns, has raised an undisclosed amount in pre-Series A funding from incubation platform Venture Catalysts.

The company said in a statement that the investment was led by Venture Catalysts angels Vishal Jhunjhunwala¸ Vikas Khandelwal, Dipan Dalal, and Vikas Kapoor. A few other unnamed angel investors participated as well.

iNICU plans to use the fresh capital to foray into the international healthcare market.

iNICU offers an integrated solution which combines hardware to software to capture real-time clinical data from connected devices, laboratory results, and bedside clinical observations. It analyses this data to provide support to doctors treating premature infants.

The data is also extended into its integrated child health record (ICHR Cloud) application to record and monitor immunisation schedule, health, growth, and developmental profile of the child from birth to the age of 20 years.

Through live data monitoring, the solution helps predict the onset of infections.

iNICU was founded in 2016 by Harpreet Singh, Ravneet Kaur, and Gautam Yadav.

Singh’s last entrepreneurial venture, psychological experiments platform Net Scope, was sold to EGI (a subsidiary of Philips), after which he worked with Sun Pharma. He has also had stints with Intuit, BT Exact, HCL and McKinsey in the past.

Yadav is a trained neonatalogist while Kaur is a founding member of software development firm Oxyent Technologies.

Owned and operated by iNICU Medical Pvt. Ltd, the startup has partnered with hospitals such as Kalawati Hospital, Apollo Cradle, Kokilaben Dhirubhai Ambani Hospital and Fortis Hospital.

Existing investors include BVR Mohan Reddy, chairman of Cyient Group, and Samir Shah of Sattva Investment Advisors.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Plumbing, Sanitary Ware And Bathroom Fittings
    About Us: Swachhpro was founded in March 2017 in Louisville, Kentucky,..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bengaluru Karnataka
  • WE HAVE ENTIRE RANGE OF BAKERY PRODUCTS LIKE BREADS, COOKIES,..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Courier & Delivery
    HERBAL ORIGIN (Founder Name Mrs. RAGINI GUPTA):- HERBAL ORIGIN is..
    Locations looking for expansion Madhya pradesh
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10000 - 50000
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
  • Ad Agencies & Collection Centres
    The brand deals with conduction of various events, related to..
    Locations looking for expansion Haryana
    Establishment year 1988
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities