AI-based healthcare startup ekincare pockets Series A cheque
Summary
Ekincare, an artificial intelligence-based healthcare startup, has raised $3.6 million (Rs 25.81 crore at current exchange rates) in a Series A funding round led by a new investor. The startup says it helps companies efficiently administer benefits, optimise their healthcare spends and show health outcomes using its AI-based assistant. This comes as startups seek to address gaps in India’s existing system as well as adopt frontier technologies to make the delivery of healthcare and its auxiliary services more affordable and efficient. Similarly, PlusPin Healthcare raised Rs 5.25 crore in its seed round of funding from a clutch of investors of the Indian Angel Network (IAN) including former Google India head Rajan Anandan. In June, Wysa, a startup that focusses on mental health through the use of chatbots, raised Rs 15 crore (around $2.15 million) in a pre-Series A funding round led by pi Ventures.