India’s Mfine raises $17.2 million to expand telemedical doctor network

Mfine, an India-based telemedical company, has rasied $17.2 million in additional venture capital, bringing its total raised to $24 million.

Update: 2019-04-23 08:40 GMT
  • Mfine , an AI health care startup headquartered in Bangalore, today announced that it has raised $17.2 million in a series B funding round led by Japan-based venture group SBI Investment, with participation from SBI Ven Capital, Beenext, Stellaris Venture Partners, and Prime Venture Partners.
  • Mfine - which was founded in February 2017 by Kompalli and fellow former Myntra executives Ashutosh Lawania, Ajit Narayanan, and Arjun Choudhary - offers a cloud-based platform that provides hospitals an AI system capable of triaging over 1,200 common diseases, including chronic conditions such as diabetes and arthritis, by ingesting hundreds of health variables.
  • Post-appointment, Mfine alerts users when they might be running low on a prescription and collates medical information like health reports, recent tests, and medical histories in a single dashboard.
  • Meanwhile, partner hospitals gain access to a care team of more than 60 in-house doctors, in addition to products targeting oncology, cardiology, fertility, gastroenterology, dermatology, pulmonology, pediatrics, orthopedics, gynecology, and more.

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