Cardiotrack Raises $2M to Expand Data-Centric Healthcare Screening Services
- ByStartupStory | March 4, 2024
Cardiotrack, headquartered in Bengaluru, India, has secured US$2 million in Pre-Series A funding, with Girish Narasimhan leading the round. The company, which previously received angel investment of US$1.6 million from a group of UHNIs, plans to utilize the funds for expanding operations and enhancing its R&D sector.
Founded and helmed by Avin Agarwal, Cardiotrack specializes in delivering data-centric healthcare screening services, including at-home pathology and radiology screenings across 300+ locations in India through its extensive network of diagnostic centers, technicians, and phlebotomists equipped with its technology.
Avin Agarwal, the Founder and CEO, expressed excitement about the investment, stating, “We are thrilled to have secured this investment as we continue to innovate and expand our reach in our mission to drive positive change in the healthcare industry.” Cardiotrack offers a range of medical and IoT-grade diagnostic devices, workflow automation, and health data digitization solutions, empowering health and life insurance providers to offer seamless onboarding experiences while enabling customers to take control of their health.
With its services, Cardiotrack serves nine health and life insurance companies, including the majority of the largest insurers in India. Agarwal highlighted the significance of their approach, emphasizing, “Our revolutionary approach to healthcare screening not only enhances convenience for consumers but also enables health and life insurance providers to offer fast, comprehensive, and personalized services, besides increased operational efficiency and improving our healthcare data analytics capabilities for faster and more accurate insurance underwriting.”
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