MFine, a Bengaluru, India-based leading Digital Health startup, raised a $48 million Series C funding round co-led by Moore Strategic Ventures and BEENEXT.
Existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y’S Investment Pte Ltd., and Alteria Capital participated in the round.
MFine aims to build one of the Largest Virtual Hospitals in the world and make high-quality healthcare more accessible and effective with the use of AI and mobile technologies.
The new round of funding helps MFine extend its leadership in digital health with investments into expanding its hospital, diagnostics, and e-pharmacy network across the country and building tech-driven care delivery products for both acute and chronic conditions patients.
Company: mfine™ Pvt Ltd.
Raised: $48.0M
Round: Series C
Funding Month: September 2021
Lead Investors: Moore Strategic Ventures and BEENEXT.
Additional Investors: Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y’S Investment Pte Ltd., and Alteria Capital
Company Website: https://www.mfine.co/
Software Category: AI-driven healthcare platform
About the Company: MFine is an AI-driven, on-demand healthcare platform that provides its users access to virtual consultations and connected care programs from the country’s top hospitals. The ISO 27001 certified m-health platform partners with leading and trusted hospitals instead of aggregating individual doctors. MFine users can consult doctors from their preferred hospitals via chat or video to get prescriptions and routine care. Users can also book routines lab tests, medicine delivery, and access comprehensive health packages. MFine was founded in December 2017 by Ashutosh Lawania and Prasad Kompalli, joined by Ajit Narayanan and Arjun Choudhary.
Source: https://www.businesswire.com/news/home/20210929005324/en/MFine-Raises-USD-48-million-in-Series-C-to-Build-India%E2%80%99s-Largest-Virtual-Hospital