Medlr

Insurance-tech startup Healspan recently raised seed funding led by Lead Angels, with notable participation from angel investors including Ankitt Jain, Srijith Nair, and The Doctorpreneur Academy. Co-founders Sabarinath U and Abhi Sinha expressed their enthusiasm: “Healspan’s recent funding validates our progress and supports our vision for rapid growth." Hanuman Tripathi highlighted the decision to back Healspan, noting, “Healspan’s tech-driven approach to reducing delays in medical claims is essential to improving hospital and patient experiences."

Nephrocare India India introduces an AI-enabled Smart Haemodialysis Machine, aiming to cut dialysis costs by up to 75% and improve access for rural areas. With remote monitoring and local manufacturing, this innovation seeks to make life-saving care more affordable and accessible across India. "Most haemodialysis machines in India are imported, leading to high costs. We aim to make these machines locally, which can drastically reduce the treatment expenses for patients with advanced renal issues," said Dr. Pratim Sengupta, Founder, MD, and CEO of Nephrocare India.

Medikabazaar, a leading B2B healthcare supply chain startup based in Mumbai, has appointed industry veteran Dinesh Lodha as its new Group CEO. Lodha, who previously held senior roles at Healthium Medtech Limited, TI Medical, and Rupa And Company Limited, will lead Medikabazaar’s efforts to expand internationally, grow profitability, and strengthen its product portfolio. Founded in 2015 by Vivek Tiwari and Ketan Malkan, Medikabazaar offers a wide range of over 4 lakh products and serves 10,000+ medical centers and 30,000 independent doctors across India.

Sources familiar with the development revealed that Mayank Kumar, co-founder and managing director of Edtech giant upGrad, has stepped down from his executive role to pursue a new entrepreneurial venture. In tandem with Kumar's exit, Upgrad’s founder and chairman, Ronnie Screwvala, is stepping up his involvement in the company's daily operations. This leadership change marks a pivotal moment for both Kumar’s entrepreneurial journey and upGrad’s growth strategy as it prepares to enter public markets.

Eldercare startup Primus Senior Living has successfully raised ₹168 crore in a seed funding round led by General Catalyst, with significant contributions from Zerodha co-founder Nikhil Kamath and Gruhas, an investment firm co-founded by Kamath and Abhijeet Pai of Puzzolana India Group. Of the total, General Catalyst invested ₹58 crore, while Kamath and Gruhas provided the remaining ₹109 crore. Founded by Adarsh Narahari, Primus Senior Living is based in Bengaluru and focuses on developing a comprehensive eldercare platform.

Medtech startup Qure.ai has raised ₹543 crore in its Series D funding round, co-led by Lightspeed Venture Partners and 360 ONE Asset Management. This round also saw participation from the Merck Healthcare Innovation Fund, Kae Capital, and existing investors such as Novo Holdings, HealthQuad, and TEAMFund.  Founded in 2016 by Prashant Warier, Qure.ai focuses on using artificial intelligence to revolutionize medical imaging diagnostics. 

Practo, a leading health-tech platform, has strengthened its leadership by appointing TVG Krishnamurthy and Dr. Alexander Kuruvilla to its board of directors. This move aligns with Practo's strategic focus on AI-driven healthcare solutions to enhance patient outcomes and broaden its market reach. Founded by Abhinav Lal and Shashank ND in 2008, Practo has grown to serve over 40 crore patients across 22 countries, linking them with more than 2.2 lakh healthcare providers.

Hyderabad-based robotics startup Perceptyne has successfully raised ₹25 Crore in a seed funding round co-led by Endiya Partners and Yali Capital, with additional backing from Whiteboard Capital and prominent angel investors. This capital injection is set to accelerate product development, boost customer acquisition, and fuel the company’s growth trajectory. Founded by Raviteja Chivukula, Jagga Raju N., and Mrutyunjaya N, Perceptyne specializes in developing AI-powered robotics platforms designed for tasks that demand human-like precision, such as product assembly and packaging.

MedLern has partnered strategically with Peerless Hospital & B K Roy Research Center to revolutionize healthcare training, enhance operational efficiency, and improve patient outcomes. This collaboration aims to streamline training processes across multiple departments by utilizing both global and local expertise in training content, tools, and methodologies.

Unicorn India Ventures (UIV), a deep tech-focused fund, recently announced a partial exit from Sascan Meditech Pvt. Ltd., a rising star in the MedTech industry. This strategic move has yielded an impressive 6X return on UIV’s investment, while the fun retains a significant stake in the company. Sascan Meditech Pvt. Ltd., based in Thiruvananthapuram, was founded in 2015 by Subhash Narayanan and focuses on developing innovative, affordable cancer care solutions.