The pre-series A funding is led by Girish Narasimhan, Managing Director & Principal, Corporate Finance Associates Worldwide Inc. along with seasoned professional and co-investor
Cardiotrack, a provider of data-centric healthcare screening technology and services through health and life insurance providers has announced that it has received US$2 million in pre-series-A funding from a slew of investors, led by seasoned angel investor Girish Narasimhan. Previously, the firm had received angel investment of US$1.6M from a cohort of UHNIs.
Cardiotrack delivers at-home pathology and radiology screening services, in 300+ locations through its pan-India network of diagnostic centers, technicians and phlebotomists equipped with its technology, to provide geographical coverage and turn-around time to its health and life insurance customers.
Cardiotrack’s screening technologies is the equivalent of a treadmill test, being conducted in the comfort of one’s home along with video-based recorded medical examinations. Currently, it serves nine health and life insurance companies.
Commenting on the funding, Avin Agarwal, Founder & CEO, Cardiotrack, said, “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. 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 personalised services, besides increased operational efficiency and improving our healthcare data analytics capabilities for faster and more accurate insurance underwriting. The investment further validates the venture’s direction and the immense value it brings in improving the healthcare experience for both providers and consumers.”
The pre-series A funding is led by Girish Narasimhan, Managing Director & Principal, Corporate Finance Associates Worldwide Inc. along with seasoned professional and co-investor Y S Shashidhar, Advisor, Dubai Holdings LLC (& former Partner & Managing Director at Frost & Sullivan for Middle East, Africa and South Asia Region) joining in.
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