Venture Capital

Dozee raises Rs 44 cr led by Prime Venutre Partners

Read more at timesofindia.indiatimes.com

Chennai: Healthtech startup Dozee, a maker of contactless remote patient monitoring solutions, has raised Rs 44 crore in a series A round of funding led by existing investor Prime Venture Partners, with participation from YourNest Venture Capital and 3one4 Capital. With this, the startup has raised over Rs 63 crore in total and says its valuation jumped almost 5X since the previous round in September 2020. The startup plans to double down on its R&D efforts and expand its presence in hospital ward monitoring and home monitoring with this capital. As a full stack IP-led company, the company says it also wants to ramp up its tech and engineering team.
With healthcare infrastructure in the spotlight post Covid, Dozee has set a target of partnering over 1,000 hospitals across India. “During the peak of the pandemic, we worked with top institutions in the country, to automate critical care delivery in high dependency units, saving over 70,000 nursing hours and more than 1,000 lives,” Mudit Dandwate, CEO & co-founder, Dozee, said. — Sindhu Hariharan

Read more at timesofindia.indiatimes.com

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