Medical Wearable Device Startup ten3T Raises Funding from ITI Growth Opportunities Fund, pi Ventures
1 April 2019 5:27 AM IST
ten3T Healthcare, a health technology startup based in Bengaluru announced that it has raised undisclosed amount in a pre Series A round of funding led by the ITI Growth Opportunities Fund, an early stage venture capital fund of the Investment Trust of India group, with participation from earlier investors pi
- ten3T Healthcare, a health technology startup based in Bengaluru announced that it has raised undisclosed amount in a pre Series A round of funding led by the ITI Growth Opportunities Fund, an early stage venture capital fund of the Investment Trust of India group, with participation from earlier investors pi Ventures and previous angel investors.
- Prominent angel investors who participated include Bhupen Shah (valley based angel, co-founder of Sling Media), Raghu Tarra (valley based angel, founding member of Sling Media), Krishna Prasad Chitrapura and Raghavendra Prasad (co-founders of QikWell), Dr. Vijay Chandru (co-founder of Strand Life Sciences), Deepinder Singh Dhingra (serial angel investor, chief product officer at Noodle.ai and advisor for AI/ML), Ikuto Higashi (serial angel investor in healthcare startups in the US, Japan, and India), and Rama Voruganti (a senior technologist).
- ten3T was founded by Rahul Shingrani, a biomedical engineering graduate of Mumbai and Marquette University with significant experience in medical innovations at the leading medical technology firms such as Siemens, Philips, J&J, and Medtronic; Prasad Bhat, a biomedical engineer with industry leading expertise in regulatory and quality systems for medical devices, and Dr. Sudhir Borgonha, a physician and an entrepreneur (graduate of St. John's Medical College, Bangalore and the Sloan School of Management, MIT).
- Technology allows us to monitor patients anywhere and everywhere, and advances in AI enables us to pick up subtle patterns in the patient's vitals data.
- Towards this, ten3T has commercialised its AI driven, real time monitoring platform that is in use at multiple hospitals across India.
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