OneCare raises $1 million in pre-seed round led by multiply ventures and better capital
Summary
OneCare leverages AI & IOT technology, behavior science and clinical science to reimagine clinics that provide 10x better outcomes to patients with chronic diseases like diabetes Bangalore based diabetes care startup OneCare has raised ~$1 million funding in a pre-seed investment round led by multiply ventures and better capital. Commenting on the Investment, Dr Rakesh Shivran, Co-Founder and CEO at OneCare states, “Indian healthcare system, designed for acute conditions and infectious diseases, fails to provide much needed comprehensive care suiting the needs of chronic disease patients. At most clinics, patients do not have options to get this comprehensive care and are stuck into the vicious cycle of over-reliance and increasing burden of only pharmaceutical interventions. With this investment, we will strengthen our workforce across teams like Tech, Clinical Solutions, Marketing and Operations, and further enhance our product to provide tailor made clinically proven diabetes programs to our patients at all OneCare clinics.” India is set to become the chronic disease capital of the world with almost 400-500 Mn people projected to have at least 1 chronic condition with Diabetes and Pre-diabetes alone having ~160Mn+ patients. By partnering with clinics in your neighborhood in an asset-light model, OneCare will be a walk away for millions of patients in India to get the best care package”, said Vaibhav Domkundwar of Better Capital, an early backer of breakout companies like Teachmint, Rupeek, Khatabook and Open.