The funds raised will be used to accelerate the iMS platform and for India wide expansion
LifeSigns iMS , Chennai-based health-tech startup that is developing a digital wireless patient monitoring solution platform for ambulatory, inpatient, and home care settings, has raised an undisclosed amount in a pre-series A funding round.
The round witnessed participation from investors, including Dr SP Ganesan, a well-known Pathologist from Chennai with 40+ years of experience. The funds raised will be used to accelerate the iMS platform and for India wide expansion.
LifeSigns provides technological solutions for patient monitoring in hospitals, at home and in ambulances. LifeSigns brings high-quality, clinical-grade patient vital data continuously to healthcare professionals anywhere anytime at a reasonable cost.
Hari Subramaniam, Founder & Director, LS Devices said, “We have been assisting hospitals become smarter, more technologically advanced, with leaner infrastructure and at lower costs. As we continue to develop technologies that help in improving clinical outcomes, lesser code blues / oranges, better patient safety, drive positive change in the healthcare segment. We remain committed to innovation and excellence. The new fund entering the system will allow us to work more on technology and Human Resource to enhance the user experience, bring more efficiency in clinical data delivery, lower infrastructure spend, bring down cost of healthcare benefitting the patient and providers.”
“We are bringing “home to home” patient care that enables monitoring of patients from home to hospital to back home dynamic wireless technology’s robust alert mechanism, continuous real time monitoring and ambulatory monitoring which will enable early detection, timely treatment and early discharge”, added Subramaniam.
Metis Multi Family Office acted as Sole Advisor for this transaction.
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