Health-Tech Startup mfine Raises $17.2 Million, Plans To Triple Investment In AI, Mobile Engineering, Hardware Integration
Bengaluru-based health-tech AI startup mfine this week announced that they had raised $17.2 million in Series B funding. Founded in 2017 by Ashutosh Lawania and Prasad Kompalli, mfine offers professional diagnostics and check-up services by connecting consumers with doctors and medical professionals. The investment was led by Japan-based venture group SBI Investment, SBI Ven Capital,?
- With this fresh funding, mfine plans to solidify its position in delivering an AI-driven, on-demand healthcare service across India.
- The startup will reportedly use the funds to expand its hospital network across the country, build its AI technology and expand the recently launched additional services which include delivering medicines, conducting preventive health screenings and diagnostic tests.
- The company will be tripling its investments in AI, mobile engineering and hardware integration.
- The consumer traction proves that our model works and with this investment, we want to scale the service across the country.