HealthTech Startup Aarogya Tech Secures $1.8M in Seed Funding
- ByStartupStory | February 6, 2024
With $1.5 million in fresh funding spearheaded by Hasu P. Shah, founder and chairman emeritus of Hersha Hospitality Trust, Aarogya Tech, a healthtech startup, has successfully raised $1.8 million in its seed round. As a result of this investment, Hasu P. Shah will be joining the Aarogya Tech Board.
The newly acquired funds will be allocated towards accelerating the pace of product development, bolstering the machine learning and analytics team, and expanding the company’s growth and product teams to over 20 members in Bengaluru.
Founded by Prashant Trivedi and Lokendra Thakur in early 2023, Aarogya Tech aims to improve population health, enhance quality of life, and promote longevity. The startup specializes in data-driven personalized health management both within communities and at home, focusing on disease prevention and early diagnosis.
In less than a year of operation, Aarogya Tech has devised a disease-specific patient monitoring system aimed at reducing the readmission rates of chronic heart failure patients.
In addition to serving numerous businesses in Bengaluru, the company has also introduced DocSeva.com, a personalized health management solution.
Prashant Trivedi highlighted the startup’s mission, stating, “Our goal is to enhance population health, quality of life, and longevity through data-driven personalized health management solutions.”
Lokendra Thakur emphasized the significance of the funding, stating, “The infusion of funds will enable us to accelerate our product development efforts and expand our team, allowing us to further our mission of revolutionizing healthcare through technology.”
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