#Asia Medtech startup Care24 raises US$350K from India Quotient

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The funds will go into hiring, technology enhancement and expansion in the Mumbai market

homecare

Care24, a Mumbai-based home healthcare platform, has raised US$350,000 in seed funding from India Quotient, an early-stage VC fund.

The startup will use the funds to improve technology and strengthen the team, with an aim to enhance customer service and deepen customer reach in the city.

Care24 was founded by IIT alumni Vipin Pathak, Abhishek Tiwari, Garima Tripathi and Pranshu Sharma to make care easy, accessible and affordable. The startup offers care at home through background verified caregivers, including nurses, attendants and physiotherapists.

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It covers the entire gamut of home healthcare services, including post-discharge care, bedridden care, chronic pain care, physiotherapy, infant care, pre-natal and post-natal care, everyday medical nursing, geriatric care and assisted daily living.

Care24 currently claims to serve 50 new patients a day and plans to add new service verticals. The company is also looking at adding travel assistants and equipment renting as part of the platform in the future.

According to the startup, rapid urbanisation, nuclear families, working couples, and the hectic modern life that disrupts work-life balance has raised the need for medicare aid that is skilled, reliable and convenient.

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“We want to create an indelible position as India’s one point solution for patient care services at home. Our choice of business model, its veracity and market approach differentiates us and puts us in a unique position to address the dire need for apt and practical health care services in the country. This investment will help us cement our technology, processes and recruitment of talent by making balanced investments in these directions and ultimately take us closer to the goal of delivering high quality patient care services,” said Co-founder Tripathi.

The post Medtech startup Care24 raises US$350K from India Quotient appeared first on e27.

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