Technology

Dozee raises INR 44 crore/USD 6 million in Series A funding – California News Times


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Startups use new R & D capital to launch new products and enhance platform capabilities

Dozee, a health tech startup with contactless remote patient monitoring (RPM) solutions, has raised Rs 4.4 billion in Series A funding. Financing was led by existing investor Prime Venture Partners with the participation of YourNest Venture Capital and 3one4 Capital.

Startups will use the new R & D capital to launch new products and enhance platform capabilities. We will also use this money to increase our presence in HDU ward monitoring and home monitoring and provide continuous cloud-enabled care.

Inspired by IIT graduates Mudit Dandwate and Gaurav Parchani, Dozee was developed after five years of in-depth research in collaboration with hospitals such as NIMHANS, Sri Jayadeva Institute and AIIMS Jodhpur.

Mudit Dandwate, CEO and co-founder of Dozee, said: During peak pandemics, we work with top national agencies in both public and private environments to automate the delivery of critical care in highly dependent units, with over 70,000 hours of nursing time and over 1,000 people. I saved my life. We believe that the future of healthcare in India lies in technologies such as remote patient monitoring and AI, which can ease the burden on hospitals and healthcare professionals who provide timely, accessible and affordable care. “

Sanjay Swamy, Managing Partner of Prime Venture Partners, said: Dozee has not only transformed the lives of doctors, nurses and patients, but has also revolutionized the critical care infrastructure of public hospitals. Over the past year, Dozee has proven to save hundreds of lives, enabling data science teams to launch new features at an alarming rate. Mudit and Gaurav are great founders and are building truly world-class teams quickly. We are pleased to continue working with 3one4 and Youngest to continue helping the company take it to the next level. Dozee sees great potential for change in the healthcare sector by providing affordable critical care infrastructure and enabling rapid upgrades without huge capital investment. “

Dozee has partnered with more than 1,000 hospitals across India to set the goal of helping upgrade the critical care infrastructure through remote patient monitoring. Install the platform in over 50,000 step-down ICU sand setup 24×7 central monitoring cells in these hospitals to quickly augment critical HDUs and ICUs and save over 1 million hours of nursing time per month It’s a schedule.

Dozee raises INR 44 crore/USD 6 million in Series A funding Source link Dozee raises INR 44 crore/USD 6 million in Series A funding


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