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Cloudphysician Healthcare raised $10.5M in a Series A round led by Peak XV Partners to expand its operations and enhance its AI platform

Jun 25, 2024about 1 year ago

Amount Raised

$10.5 Million

BengaluruHealth Care

Investors

Panthera PeakElevar EquityPeak Xv Partners

Description

Cloudphysician Healthcare has raised $10.5 million in a Series A round led by Peak XV Partners, with participation from Elevar Equity and Panthera Peak. The capital will be used to propel Cloudphysician’s growth and operations within India and expand into multiple emerging and established markets, as well as to enhance its AI platform, RADAR.

Company Information

Company

Cloudphysician

Location

Bengaluru, Karnataka, India

About

Cloudphysician is a healthcare company reimagining the delivery of critical care via Smart-ICU solutions. We use our advanced technology, designed and developed in-house, to increase access to care globally. We are focused on bringing quality critical care within the reach of every patient, wherever they may be. It combines state-of-the-art yet simple-to-use technology, best-in-class clinical expertise, systemic change management solutions, and upskilling programs to reshape how care is being delivered radically.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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